Zions Bank recognizes that its success comes from the dedication, experience and talents of its diverse employee base. As we usher in the next generation of banking, we're committed to being the premier employer of choice. We're proud to have ranked among American Banker magazine's "Best Banks to Work For" almost every year since 2013, as Best Employer from Utah's Best of State, among the Best Places to Work in Idaho, and "among the Salt Lake Tribune's Top Workplaces. Make the leap into a new era of banking. Let us transform your career.
With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.
We are looking for a Credit Analyst inMidvale, UT. This role acts to provide analysis for equipment financing and serves as a main contact point for Sales Reps and Relationship Managers to Zions Credit Corporation for commercial equipment leasing and lending.
Zions Credit Corporation (ZCC) is the commercial equipment leasing and lending group for all of Zions Bancorporation Affiliate banks. ZCC provides tax leases, finance leases, and loans to commercial customers across 9 western states.
The Credit Analyst is an important part of the ZCC Credit Team that includes a half dozen employees serving as Credit Analysts, Equipment Evaluators, and Underwriters. This role has opportunity to cross-train with all of these roles and advance into underwriting, at your pace and according to your career aspirations. Zions offers lending and analysis courses for professional development and career growth opportunities.
Key responsibilities of the Credit Analyst include:
Reviewing approved credit presentations for acceptance and use at ZCC and in preparation for documentation
Evaluating takedown requests for appropriate equipment collateral, term and structure prior to documentation
Analyzing and making recommendations to approvers on collateral substitutions
Estimating equipment values
Providing analysis to support underwriters in commercial equipment underwriting
Ideal candidates will have these skills and experience:
Conducts credit investigations, credit and loan analysis, underwriting and other documentation information pertaining to loan analysis.
Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
Responsible to understand the loan request and the business relationship, ensures the accuracy and completeness of financial information received for loan approvals.
Analyzes and estimates equipment values for leasing and lending requests.
Determines the appropriate term and lending structure for various equipment collateral types.
Analyzes financial statements and related material and makes recommendations for approvals of credits.
Analyzes financial conditions and trends; reviews and reports non-compliance with loan covenants. Determines cash flow using appropriate tax analysis.
Prepares summaries, presents facts, and offers opinions concerning credit-worthiness and any risk items or issues.
Provides credit information and references for customers, loan officers, or other agencies as requested.
Requires a Bachelor's in finance, business, accounting or a related field and 1+ years credit/financial analysis, lending, underwriting or other directly related experience.
A combination of education and experience may meet job requirements. Basic working knowledge of financial and spread analysis, credit, lending and underwriting processes and principles.
Some experience working with various types of loans.
Basic working knowledge of credit risk, legal and regulatory requirements.
Ability to work with lending officers and staff. Good client relationship and communication skills, both verbal and written.
Ability to make sound decisions and recommendations regarding loans.
Working knowledge of computer software programs including spreadsheets, word processing, etc. required.
The Zions Technology Center is a 400,000-square-foot technology campus in Midvale, Utah. Located on the former Sharon Steel Mill superfund site, the sustainably built campus is the company's primary technology and operations center. This modern and environmentally friendly technology center enables Zions to continue to compete for the best technology talent in the state while providing team members with an exceptional work environment with features such as:
Electric vehicle charging stations and close proximity to Historic Gardner Village UTA TRAX station.
At least 75% of the building is powered by on-site renewable solar energy.
Access to outdoor recreation, parks, trails, shareable bikes and locker rooms.
Medical, Dental, and Vision Insurance - START DAY ONE!
Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays
401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
Mental health benefits including coaching and therapy sessions
Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with annual net revenue of $2.9 billion in 2021 and more than $90 billion of total assets. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending, ranking as the tenth largest provider in the U.S. of the SBA’s Paycheck Protection Program loans. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.