Asset Based Lending Analyst - 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 is seeking an Asset Based Lending Analyst to join our Asset Based Lending team in Salt Lake City, UT. Asset-based lending provides loans secured by business assets such as receivables, inventory, equipment, or real estate. Our team partners with clients to deliver customized credit solutions that support growth while mitigating risk. This role offers the opportunity to play a key part in supporting ABL operations within a collaborative, client-focused environment.

The ideal candidate will leverage their banking, accounting, and finance expertise to analyze collateral, conduct due diligence, and develop financial models that drive business decisions. This role offers the opportunity to work closely with clients, contribute to credit analysis, and ensure the integrity of loan documentation. If you are passionate about financial analysis and thrive in a collaborative environment, we invite you to apply.

Responsibilities:

• Develop in-depth financial models including financial statement projections, cash flow budgeting, and asset-based lending collateral forecasts.
• Conduct borrower financial, accounts receivable, inventory, and other collateral analysis, borrower due diligence, credit investigations, and loan analysis.
• Review collateral field examinations for relevant information and areas of concern.
• Meet with and interview customers to develop a strong understanding of the loan request and the business.
• Analyze financial statements including performance trends and covenant compliance with loan documents.
• Prepare summaries, present facts, and offer opinions concerning credit-worthiness, value of asset-based lending collateral, and other risk items or issues.
• Ensure that all credit files include current information and other required documentation.
• Assist with projects as needed.
• Maintain solid client relationship and communication skills, both verbal and written.
• Other duties as assigned.

Qualifications:

• Bachelor’s degree in accounting, finance, business, or a related field.
• 2 to 4+ years of financial analysis, field exam, lending, underwriting, or other directly related experience.
• Strong knowledge of accounting, financial statements, financial spreading and analysis, and 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.
• A combination of education and experience may meet job requirements.

Work Location:
 

Downtown Salt Lake City, UT 

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
• 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
• Employee Ambassador preferred banking products