Asset Based Lending Collateral Monitoring Specialist - Midvale, UT
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- Credit Administration
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- Enterprise Services
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- 066464 Requisition #
Zions Bancorporation, N.A. (NYSE: ZION) is a premier financial services company with ~$100B in assets operating through 8 brands in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. With a leading market share in small and middle-market banking, the Bank’s 500+ client managers and 200+ wealth advisors have vigorous client development strategies that feed into Zions Capital Markets.
Zions Bancorporation has just opened an opportunity for an Asset Based Lending Collateral Monitoring Analyst in our Asset Based Lending group.
Ideal candidates will have the skills and experience necessary to:
- Basic knowledge of banking or asset-based lending processes, accounts receivable, payable aging’s, inventory reports, and balancing principles
- Ability to prepare accounting reports
- Good organizational, analysis and balancing skills
- Solid attention to detail skills and ability to multi-task
- Good research and problem resolution skills
- Ability to review and verify data and to meet deadlines
- Responsible for reviewing and monitoring borrowing base certificates, A/R reconciliations, A/R ageing and inventory reports to determine eligible invoices.
- Reviews, analyzes and determines the legitimacy and accuracy of customer's data.
Obtains additional information from customers and other banking departments on incomplete or unusual terms through telephone or written communications. - Reviews loan documentation and maintains customer accounts in an Asset Based Lending Software System.
- Researches and resolves inquiries and operational issues.
- Processes account for receivable and inventory collateral transactions, including loan payments and advances.
- Reviews accounts to help detect potentially fraudulent activity.
- Reconciles Demand Deposit Accounts to the collections reported by the borrower.
- Verify amounts eligible to borrow and the amounts needed in reserve are correct.
- Monitor certificates to accurately determine the advance amounts on any loan and report any advances.
- Verify differences and send deficiencies to Loan Officers.
- Posts information to the system, checks against Bancs and submits reports to the Portfolio/Relationship Managers.
- Analyze aging for trends and potential fraud. Review loan documents to verify all information is complete.
- Other duties as assigned.
Qualifications:
- Requires a High School diploma or, based certificates or other directly related experience. A combination of education and experience may meet job requirements.
- Proficient knowledge of banking or asset-based lending processes, accounts receivables, payable ageing and balancing principles.
- Working knowledge of computer software including Excel, Word, PowerPoint, Access
Benefits:
- Medical, Dental and Vision Insurance – START DAY ONE!
- 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
This position will be open until filled.
To review our Benefits Summary click here.
All candidates, including those with criminal histories will be considered for employment. However, a background check adjudicated consistently with the FDIC Section 19 regulation will be completed on any candidate who accepts a conditional job offer from the Company. Because the Company is a financial institution, the FDIC guidelines apply to all positions within the company and as such any and all job duties have a direct relationship to a candidate’s criminal history and that criminal history would need to align with the FDIC Section 19 regulations.
Zions Bancorporation, National Association prohibits illegal discrimination and reaffirms its policy of providing Equal Employment Opportunity (EEO), by extending equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, protected veteran status, military service, sexual orientation, gender identity, genetic information or any other characteristic protected by applicable federal, state or local law.
It is the Company’s policy not to discriminate because of a person’s relationship or association with a protected veteran. This includes spouses and other family members. Also, Zions will safeguard the fair and equitable treatment of protected veteran spouses and family members with regard to all employment actions and prohibit harassment of applicants and employees because of their relationship or association with a protected veteran.
Applicants Requesting Accommodations: If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access our career site. You can request reasonable accommodations by contacting us at careers@zionsbancorp.com or 801/844-7618. Please email your resume/cover letter, indicate what position you are interested in and include "Accommodation needed" in the subject line to ensure your information is routed to the appropriate contact.
Click here to view our EEO Statement.
Click here to view applicable Federal, State and/or local employment law posters.
Click here to view our Pay Transparency Notice.