Commercial Portfolio Manager

Job Description

Commercial Portfolio Manager – UT (In-Office) | Zions Bank

The Tone:
This is an in-office role at Zions Bank, located in Salt Lake City or Midvale, Utah. Zions Bancorporation is a premier financial services company with over $70 billion in assets, dedicated to making a difference in local communities across 11 western states. This role is crucial for maintaining the bank’s asset quality and supporting client relationships by expertly managing commercial loan portfolios and ensuring credit risk is minimized.

The TL;DR
• Role: Full Time
• Location: In-person Salt Lake City or Midvale, Utah
• Mission: Own the proactive management and servicing of commercial loan portfolios to maintain asset quality and minimize credit risk.
• Tech Stack: advanced financial spreading software, modern Loan Origination Systems (LOS), advanced spreadsheet modeling

What You’ll Actually Do
• Credit Underwriting & Risk Analysis: Execute comprehensive credit underwriting for new, renewal, and modification commercial loan requests. This involves ensuring strict alignment with the bank’s credit policy and regulatory standards. Conduct in-depth financial analysis, including spreading corporate and personal financial statements, tax returns, and cash flow modeling like DSC, global cash flow, and sensitivity analysis. Prepare detailed credit presentations that clearly evaluate borrower financial performance, industry risks, trends, risk mitigants, and collateral adequacy for Credit Administration.
• Portfolio Management & Risk Mitigation: Proactively manage and service an assigned portfolio of existing commercial relationships with the goal of maintaining asset quality and minimizing credit risk. This includes completing annual loan reviews, validating and tracking reporting and financial covenants, updating credit risk grades, and resolving collateral or documentation exceptions. Monitor delinquency and past-due reports, taking timely action on early-warning signs of credit deterioration, and collaborating with Special Assets or senior credit leadership when necessary.
• Relationship Management & Business Development Support: Partner closely with Commercial Bankers to identify loan opportunities and assist in structuring and pricing credit facilities effectively. Prepare preflight summaries and facilitate crucial discussions with Credit Administration early in the deal cycle to gauge risk appetite. Serve as a knowledgeable secondary point of contact for clients, committed to delivering exceptional customer service and assisting in expanding, building, and retaining key commercial relationships.
• Compliance & Operational Excellence: Ensure strict adherence to all internal banking policies, credit guidelines, and federal and state lending regulations. Additionally, perform other strategic duties, project-level risk assessments, or departmental tasks as assigned to support overall business line objectives and operational efficiency.

The Must-Haves
• Background: Bachelor’s degree in Business, Finance, or a related field.
• Experience: 4+ years of experience with commercial or corporate loans, spreading financial statements, or other directly related experience.
• Skills:
• Credit & Risk Analysis: Advanced knowledge of commercial loan types, credit analysis and underwriting, including financial statement analysis, cash flow analysis, collateral valuations, risk-rating methodologies, and loan documentation.
• Financial Spreading: Proven expertise in spreading business and personal tax returns, and corporate and personal financial statements of guarantors.
• Regulatory & Policy Compliance: Comprehensive knowledge of federal and state banking regulations, commercial lending procedures, and strict adherence to internal credit policies.
• Portfolio Management: Demonstrated ability to proactively manage diverse commercial loan portfolios, monitor covenant compliance, perform annual reviews, and mitigate credit risk.
• Systems Proficiency: High proficiency in advanced financial spreading software, modern Loan Origination Systems (LOS), and advanced spreadsheet modeling.