Jr. Asset Based Lending Portfolio Manager - Salt Lake City

Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

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.

Zions Bancorporation has just opened an opportunity for an Jr. Asset Based Lending Portfolio Manager in our Asset Based Lending group located in Salt Lake City, UT.  Our Asset Based Lending group focuses on working capital revolving lines of credit, primarily based on a Company’s accounts receivable and inventory.

Ideal candidates will have the accounting and finance skills and experience necessary to:

• Develops in-depth financial models including financial statement projections, cash flow budgeting, and asset-based lending collateral forecasts.
• Conducts borrower financial, accounts receivable, inventory, and other collateral analysis, borrower due diligence, credit investigations, credit and loan analysis, underwriting and other documentation information pertaining to credit and loan analysis.
• Evaluates and analyzes working capital
• Reviews collateral field examinations for relevant information and areas of concern.
• Investigates credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
• May meet with and interview customers to develop a strong understanding of the loan request and the business relationship ensures the accuracy and completeness of financial information received for loan renewals.
• Analyzes financial statements including performance trends, covenant compliance with loan documents, and related material.
• Determines historical cash flow using financial statement information.   
• Prepares summaries, presents facts, and offers opinions concerning credit-worthiness, value of asset-based lending collateral, and other risk items or issues.
• Monitoring of current accounts, noting payment progress, watching for any developing problems, and keep loan officers informed.
• Provides credit information and references for customers, loan officers, or other agencies as requested.
• Ensures that all credit files include current financial statements, borrowing base information, agency reports, and other required documentation.
• May make recommendations for loan structure.
• May assists with projects as needed.
• Other duties as assigned.

What you need to bring to the table:

• Strong knowledge of accounting, financial statements, financial spreading and analysis, financial modeling.
• Solid 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.
• Requires a Bachelor's in accounting, finance, business,  or a related field and
• 2- 4 + years asset based lending, loan structuring, financial analysis, field exam, lending, underwriting or other directly related experience.
• A combination of education and experience may meet job requirement.

Located in the heart of downtown Salt Lake City, the Zions Bank Building serves as the headquarters of both Zions Bancorporation and Zions Bank. The building sits adjacent to City Creek Center, a world-class shopping and dining destination with more than 100 stores and restaurants. The Zions Bank Building stands tall among Salt Lake City’s central business district, providing hundreds of team members with an exceptional work environment and features such as:

• Easy access to the City Creek UTA TRAX station, as well as various electric vehicle charging stations in most City Creek area garages;
• An employee-only fitness center and bike storage;
• An employee lounge, kitchen, micro market, game tables, couches and TVs;
• Private mothers’ rooms and lockers; and
• Access to downtown shopping, dining, arts and entertainment.