Municipal Credit Analyst - Salt Lake City - Hybrid Schedule

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 as one of the “Best Banks to Work For” and 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.

You have the drive, ambition and skills and we want to give you the opportunity. Zions Bancorporation is full of people just like you who share the same values and work ethic. Our diverse workforce offers endless opportunities to expand your skills and gain valuable experience that will help you advance your career. Let’s talk about how we can help one another succeed.

We have just opened an opportunity for a Municipal Credit Analyst to join our team based in our downtown Salt Lake City offices. This person will participate in a broad variety of functions in the Municipal Portfolio Group. Partnering with relationship managers we work to identify opportunities for new investments in municipal credit that provide a solid return for the bank portfolio. This position is also responsible for monitoring a portfolio of credits and updating risk grades as appropriate to ensure risk is being appropriately accounted for and adequate reserves are held. We are looking for an ambitious and energetic individual to join our team.

The ideal candidate will have the skills and experience to:

• Research and analyze municipal credits for purchase by the Bancorporation.
• Provide recommendations for potential investment/lending opportunities.
• Become familiar with a broad range of municipal sectors including tax and revenue backed credits.
• Produce written memorandums outlining quantitative and qualitative analysis of the strengths and weaknesses of each opportunity.
• Monitor investments on an ongoing basis to determine risk grade for each investment and overall suitability for the portfolio.
• Work with other analysts to support team and department objectives.
• Interface with relationship managers and other internal and external partners.
• Contribute to the creation of financial models for the assessment of credit risk. and the valuation of portfolio securities.
• Other duties as assigned.

Qualifications

• Bachelor’s degree in business administration, finance, statistics, mathematics, economics or related field is valuable but an analytical mindset is preferred.  
• 0-2 years’ experience as a financial analyst preferably with a related financial services industry. 
• Strong attention to detail.
• Ability to work both independently and as part of a team in making appropriate decisions on credits.
• Basic knowledge of municipal credit markets.
• Interpersonal, organization, time management, and problem-solving skills.
• Technical writing and verbal communication skills.
• PC skills in Microsoft Word and Excel.
• Ability to work with other team members and management.
• Ability to build strong relationships within the group.
• Capable of working with a fair degree of autonomy and initiative.

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.