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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 currently hiring an experienced **_Commercial_** **_Loan Workout Officer_** to join the team! The Special Assets Group (SAG) was formed to help the Bank achieve its goal of proactive problem credit management. This is achieved by developing win/win solutions for borrowers experiencing financial difficulty while limiting exposure by utilizing best practices in the workout arena through team-work, continuing education, mentoring, skill sharing and peer support. SAG strives to develop robust partnerships between lenders and workout officers to identify loss risk and take appropriate action before issues become problems and eventually losses.

SAG’s mission is to rehabilitate rather than to liquidate. Work within the group primarily involves loss mitigation, foreclosure, bankruptcy, loan workout and loss recovery functions by determining the best course for the borrower to repay their debt obligation to the bank by following prudent credit and underwriting standards that are designed to control and limit risk and loss. Modifications are reviewed very carefully to insure mortgage servicing rule requirements are followed. When loss mitigation alternatives are not successful foreclosure remedies are pursued.

_The ideal candidate will have the skills and experience to:_

+ Responsible for the workout of adversely graded loans through the restructuring of debt, negotiation of settlement agreements, pursuit of appropriate legal action and/or the liquidation of collateral.

+ Secures collateral, equity, or assets of the borrower to preserve the loan principal, prevents the loan from being placed on non-accrual and prevents or limits losses.

+ Liquidates real estate or other assets as necessary.

+ Reviews lender liability issues to avoid lawsuits and keep legal expenses under control.

+ Develops good working relationships with internal and external industry contacts.

+ Maintains knowledge of laws, regulations, internal policies and procedures appropriate to the position.

+ May provide assistance to less experienced Workout Officers.

+ Provides periodic reporting to both Regional and Corporate management concerning portfolio status, loss potential and future trend analysis.

+ Other duties as assigned.

_Qualifications:_

+ Basic knowledge of consumer lending, lending law, bankruptcy law and cash flow analysis.

+ Working knowledge of collection processes and practices.

+ Excellent interpersonal and communication skills, both oral and written required.

+ Strong analyses, negotiation and problem resolution skills.

+ Strong word processing and computer based skills.

+ Requires a Bachelors in Finance, Business, Accounting or related field

+ 2-4+ years consumer collections/workout, lending laws, credit analysis, lending or other directly related experience.

+ A combination of education and experience may meet qualifications

_Pay Range:_

+ $80,000 - $115,000 $ (Based upon relatable skills/experience)

_Work Location:_

This position can be located at one of our headquarters in the following locations:

+ Phoenix, AZ

+ Denver, CO

+ Las Vegas, NV

+ Houston, TX

+ 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

**Req ID:** 068176

Equal Opportunity Employer

It is the policy of this corporation to provide 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, veteran status, sexual orientation, gender identity and expression or any other characteristic protected by applicable law. This policy is established and administered in accordance with all applicable federal, state, and local laws.

If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for employment, please contact us at (801) 844-7628, Mon.-Fri. between 9 a.m. - 5 p.m. MST.

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