Job Abstract

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.

CB&T, a division of Zions Bancorporation, has just opened an opportunity for a Collateral Monitoring Specialist in our Central Collateral Monitoring Group located in Los Angeles, CA. The work position offers a 3/2 hybrid work schedule.

Ideal candidates will have the skills and experience necessary to:

• Performs a variety of operational services to support the Asset Based Lending function.
• 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, establishes and maintains customer accounts in an Asset Based Lending Software System.
• Compares and records Financial Statement elements to the monthly/quarterly data received from the borrower.
• Works with various software applications and provides written trend analysis comments.
• Researches and resolves inquires and operational issues.
• Processes accounts receivable and inventory collateral transactions, including loan payments and advances.
• Maintains collateral and determines collateral eligibility for advances.
• Reviews accounts to help detect potentially fraudulent activity.
• Reconciles Demand Deposit Accounts to the collections reported by the borrower.
• Performs other duties and special projects as assigned.

Knowledge:

• Advanced knowledge of Asset Based Lending, collateral processing procedures, bank operations, loan documentation and accounting processes and procedures.
• Broad application of asset based lending procedures, practices and systems.
• Excellent written and interpersonal communication skills.
• Excellent attention to detail and analytical skills.
• Ability to examine/reconcile data and resolve complex issues.
• Advanced level mathematical skills including multi-step calculations using Microsoft Excel.
• Excellent customer service skills; ability to deal with internal and external customers.
• Excellent organizational and multi-tasking skills with the ability to work in a fast paced environment.

Qualifications:

• Requires a bachelor’s degree in finance or a related field
• 6+ years’ experience analyzing complex accounts receivable and inventory collateral, loan documentation, asset based lending functions or other directly related experience.
• A combination of education and experience may meet requirements.

This position is eligible to earn a base salary in the range of $75,000 to $85,000 annually depending on job-related factors such as level of experience and location.