Loan Recovery Specialist - Midvale, UT - Hybrid Schedule
Midvale, UT 
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Job Description

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.

Zions Bancorporation's Centralized Recovery Group (CRG) team is transforming what it means to work for a financial institution. With a commitment to our client and employees, we have been providing our community, clients, and colleagues the best experience possible for over 150 years. Help us transform our workforce of the future, today.

We are currently seeking a Loan Recovery Specialist to join our Recovery Team. Centralized Recovery Group is integrated with the Consumer Collection Center at Zions Bancorporation.

The CRG department is responsible for the collection, tracking, and reporting of most all Zions Bancorporation's charge off accounts. These include Installment, Bankcard, Commercial, R/E, SBA, and Operational. Operational matters include fraud matters and defalcations. CRG is committed to maintaining a high level of compliance with consumer protection laws and regulations, anti-discrimination laws and regulations and any other applicable federal, state and local laws.

If you want to work on a collection team where you will collaborate with sharp experienced colleagues with whom you will grow, where your work is truly valued and you make a real difference, then you will be in good company.

As a Loan Recovery Specialist your contributions will have a direct impact on the Banks profitability and success.

The Loan Recovery Specialist will:

  • Be responsible for collecting and/or adjusting charged off loan accounts.
  • Reviews credit and other available information on charged off, delinquent or high balance accounts and evaluates the prospects for collection of delinquent amounts.
  • Contacts clients to request payment of charged off accounts and arranges an acceptable payment program.
  • Meet with clients in difficult situations to negotiate settlements of charged off loans, submit appropriate documentation and obtain appropriate approvals from management.
  • Review and analyze financial statements for businesses and clients to determine appropriate workout programs and ability to pay.
  • Does skip tracing to locate clients for continued collection efforts.
  • Prepare status reports as required.
  • Recommend loans for liquidation through foreclosure.
  • Other duties as required.

Requirements:

  • Requires a High School diploma or equivalent.
  • 1-6+ years collections, credit review, lending processes and procedures or other directly related experience.
  • A combination of education and experience may meet job requirements.
  • Proficient knowledge of credit/collection procedures and regulations, analyzing complex consumer and business situations and loans.
  • Must have excellent problem resolution and customer service skills.
  • Ability to deal with difficult situations.
  • Understand loss potential, lender liability, financial statements and settlement procedures.
  • Knowledge of computer software including word processing, spreadsheet, etc.

Location:

  • This position will be locatedat the Zions Technology Center in Midvale, UT.

The Zions Technology Center is a 400,000-square-foot technology campus in Midvale, Utah. Located on the former Sharon Steel Mill superfund site, the sustainably built campus will be the company's primary technology and operations center. This modern and environmentally friendly technology center will enable Zions to continue to compete for the best technology talent in the state while providing team members with an exceptional work environment with features such as:

  • Electric vehicle charging stations and close proximity to Historic Gardner Village UTA TRAX station.
  • At least 75% of the building is powered by on-site renewable solar energy.
  • Access to outdoor recreation, parks, trails, shareable bikes and locker rooms.
  • Large modern cafe with a healthy and diverse menu.
  • Healthy indoor environment with ample natural light and fresh air.
  • LEED-certified sustainable building that features include the use of low VOC-emitting construction materials.


 

Job Summary
Company
Zions Bancorporation
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
Open
Required Education
High School or Equivalent
Required Experience
Open
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