Asset Based Lending Business Development & Preflight Underwriter - Salt Lake City, Dallas or Houston

About the role

Zions Bancorporation is seeking an Asset Based Lending Business Development & Preflight Underwriter to join our Asset Based Lending team. This role supports the lending unit in structuring and performing due diligence, underwriting, legal documentation, closing, analyzing financial data, and managing both new and existing complex Asset-Based loans.

Responsibilities

• Supports the lending unit in the structuring and performing due diligence, underwriting, legal documentation, closing, analyzing financial data, and managing both new and existing complex Asset-Based loans.
• Reviews and analyzes field exams.
• Actively participates in new business efforts, pre-screening new business for appropriateness, structure, and offering a key opinion to solicit business.
• Prepares loan packages for loan approval, including the submission and presentation of underwriting memos for approval.
• Accountable for appropriate loan documentation, borrowing base calculations, the loan closing process, and internal on-boarding of new customers.
• Responsible for analyzing and accurately documenting the financial performance of borrowers, ensuring compliance with financial and loan covenants, managing troubled loans, and workout situations.
• Builds and maintains relationships with a resulting high degree of customer satisfaction, providing advice and counsel to clients regarding trends and conditions of the business environment, capital markets, and general banking trends.
• Performs financial projection modeling.
• Ensures that production and quality of work performed by independent contractors is monitored and meets service levels.
• Manages department projects and other duties as needed.

Qualifications

• 4+ years in asset-based lending, underwriting, loan structuring, credit, or portfolio management, field exam, loan documentation, loan workouts, monitoring collateral and credit performance, economic and industry evaluations, or other directly related experience.
• Strong knowledge of accounting and finance.
• An equivalent combination of education and experience may meet qualification.
• Working knowledge of commercial/corporate loan structures, setting of appropriate loan and financial covenants, and industry standard loan documentation.
• Ability to support the expansion of client relationships.
• Strong work ethic.
• Familiarity with loan processing and closing processes.
• Solid problem resolution, analysis, communication skills, both verbal and written.
• Solid interpersonal skills.
• Strong knowledge of software applications, including word processing, spreadsheets, and financial modeling.
• Requires a bachelor's degree in accounting, finance, banking, or a related field.

Benefits

• 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
• Employee Ambassador preferred banking products