Asset Based Lending NDFI Portfolio Manager & Underwriter - SLC, Houston or Dallas

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 is accepting application for our Asset Based Lending NDFI Portfolio Manager and Underwriter located in Salt Lake City, Houston, or Dallas.

Zions Bancorporation is seeking a Portfolio Manager with knowledge and experience in lending within the Non-Depository Financial Institution (NDFI) space including note-on-note, and other private credit areas of lending.  Our team partners with clients to deliver customized credit solutions that support our Borrowers while managing risk.

Ideal candidates will have the skills and experience necessary to:

• Support the lending unit related to borrowing based lines of credit within the warehouse, private credit, and other NDFI lines of credit the Bank provides to qualifying Borrowers.
• Evaluate and contribute to the proper structuring, due-diligence, underwriting, legal documentation, closing, financial data analysis, and the managing of both new and existing complex collateral based loans.
• Review and analyze field exam results, identifying collateral and credit risks and recommending appropriate mitigants.
• Prepares loan packages for approval, including the submission and presentation of underwriting memo for approval.
• Accountable for appropriate loan documentation, borrowing-base calculation, the loan closing process and internal on-boarding of new customers.
• Responsible to analyze and document the financial performance of borrowers and the condition of underlying collateral.
• Ensure compliance with financial and loan covenants.
• Potentially manage troubled loans and workout situations.
• Provide advice and counsel to clients regarding trends and conditions of the business environment, capital markets, and general banking trends.
• Perform financial projection modeling.
• Ensure that production and quality of work performed by independent contractors is monitored and meeting service levels.
• Manage department projects and other duties as needed.

Qualifications:

• 1-8+ years in asset-based lending, including direct experience underwriting or managing NDFI facilities such as note-on-note, warehouse, fund finance, or lender finance lines, field exam, loan documentation, loan workouts, monitoring collateral and credit performance, economic and industry evaluations, or other directly related experience.
• Familiar with private credit asset classes and the structures used to finance specialty finance, consumer, and commercial receivables.
• Experience setting advance rates and eligibility criteria and reviewing borrowing-base certificates.
• Strong knowledge of accounting and finance, including the ability to interpret financial statements and build financial models.
• An equivalent combination of education and experience may meet qualifications.
• Working knowledge of commercial/corporate loan structures, setting of appropriate loan and financial covenants and industry standard loan documentation.
• Strong work ethic with attention to detail.
• Solid problem resolution, analysis, communication skills, both verbal and written.
• Must have 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, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
• Employee Ambassador preferred banking products