Commercial Portfolio Manager - Salt Lake City, UT

Zions Bank recognizes that its success comes from the dedication, experience and talents of its diverse employee base. As we usher in the next generation of banking, we’re committed to being the premier employer of choice. We’re proud to have ranked among American Banker magazine’s “Best Banks to Work For” almost every year since 2013, as Best Employer from Utah’s Best of State, among the Best Places to Work in Idaho, and “among the Salt Lake Tribune’s Top Workplaces. Make the leap into a new era of banking. Let us transform your career. 

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is committed to career growth and advancement. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.  

We are seeking a Commercial Portfolio Manager to join Zions Bancorporation. The Portfolio Manager plays a key role in supporting multiple Relationship Managers (RMs) by managing a diverse portfolio of commercial, real estate, consumer and mortgage credit relationships. This position offers a unique opportunity to work on a broad range of credit opportunities, with analysis of business and individual financial statements and assisting Relationship Managers with underwriting, risk mitigation, and credit overrides. The role is ideal for candidates with strong credit experience who are eager to expand their expertise in both consumer and commercial lending environments. If you are looking for a dynamic, learning-focused environment with exposure to a variety of credit products and client needs, this is the role for you. 

Responsibilities: 

• Manage and service a portfolio of commercial, consumer, and mortgage credit relationships, supporting multiple Relationship Managers. 

• Assist Relationship Managers with credit requests, deal structuring, and overrides for commercial and consumer loans. 

• Perform detailed analysis and risk mitigation on a diversified portfolio of commercial and consumer clients, with an emphasis on individual financial statements and cash flow. 

• Spread and analyze financial statements for businesses and individuals. 

• Address industry risks, collateral requirements, loan structuring, and pricing. 

• Monitor credit performance, prepare loan presentations, and handle reporting on past due loans, documentation, and collateral exceptions. 

• Maintain and expand client relationships, ensuring a high degree of customer satisfaction. 

• Collaborate with Relationship Managers to support credit and portfolio management activities. 

• Take primary responsibility for system boarding of commercial loans. 

• Work across and collaborate with many different functional areas of the organization. 

• Contribute to the development of organizational goals and objectives. 

Qualifications: 

• 4+ years of credit-associated lending experience, or 7+ years of related experience. 

• Advanced knowledge of credit analysis, financial statement spreading, and underwriting, especially for individuals. 

• Experience with consumer and/or commercial lending, including risk mitigation and loan documentation. 

• Strong analytical skills and attention to detail. 

• Proficiency in PC skills and experience with bank loan and deposit systems preferred. 

• Excellent oral and written communication skills for client and internal interactions. 

• Ability to work independently under limited direction and develop solutions to complex problems. 

• Experience supporting multiple stakeholders and managing a high volume of diverse credit requests. 

• Bachelor’s degree required; equivalent combination of education and experience may be considered. 

 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 

Location and Work Arrangement: 

This position is five days in the office at our downtown headquarters. 

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.