Jon Bacon Email & Phone Number

Salt Lake City, Utah, United States

• Rapid Response Team set up by the Utah Governor’s Office for Economic Development (GOED) and the World Trade Center Utah (WTC Utah).
• Fielded inquiries from individuals, businesses, and non-profits, helping them apply for federal resources.
• Educated small business owners about the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL).
• Worked with the SBA Utah District Office and the Small Business Development Centers to provide resources and information to small business owners.
• Collaborated with Rapid Response Team members to ensure small business owners had the resources, contacts and information needed to successfully apply for SBA loans and grants.

Salt Lake City, Utah

• Developed and executed fixed income investment strategies for $15 billion portfolio, balancing profitability with regulatory capital limitations, liquidity and cash flow considerations and interest rate risk.
• Oversaw daily market analysis and developed trade recommendations.
• Monitored HQLA for the implementation of LCR requirements and incorporated analysis of the ratio into portfolio strategy.
• Managed the purchase of residential mortgage-backed (MBS) and commercial mortgage-backed securities (CMBS) to meet Community Reinvestment Act (CRA) Investment Test compliance.
• Negotiated and purchased range of products including:o Farmer Mac Agricultural MBS o Agency MBS, including Ginnie Mae CMOs, HECMs, ARMs and 15 yr pass-throughs, Fannie Mae and Freddie Mac 10 yr and 15 yr.

Salt Lake City, Utah

• Managed the collaborative alliance between Chatham Financial and Hedging Strategies Inc. to set up an interest rate swap program for Zions Bank and its affiliate banks.
• Developed policy and procedures for the Rate Risk Management Group.
• Worked with the business development team to educate management, loan officers and borrowers.
• Executed fixed-floating interest rate swaps with the bank’s commercial and industrial borrowers (C&I Loans), helping the borrowers manage interest rate risk.
• Rate Risk Management program improved the Bank’s asset liability management while helping borrowers hedge interest rate risk.

Salt Lake City, Utah

• Managed SBA loan pipeline and securitization process.
• Supervised the bidding of SBA 7(a) loans and securitization of SBA 7(a) pools.
• Worked with the Sales Group to develop presentations and marketing strategies, training and educating investors about SBA programs.
• Collaborated with the Sales Group to distribute and market SBA pools to Money Market Funds and Financial Institutions, growing and developing the customer base.
• Represented Zions Bank on the NAGGL Secondary Market Committee (Trade Association).
• Provided liquidity to Zions Bank and its affiliates through the sale of SBA loans and pools, including SBA 504 First Mortgage Loan Program (FMLP).

Salt Lake City, Utah

• Worked at Discount Corp of NY, a Zions Bank affiliate and at Zions Bank Capital Markets.
• Oversaw CP issuance of Lockhart Funding: $5B Asset-Backed Commercial Paper Conduit, including daily commercial paper issuance and purchase of assets.
• Responsible for bidding in weekly FHLB and FHLMC Discount Note Auctions as Money Market Trader.
• Managed Agency Discount note trading book to meet Institutional Account inquiries.
• Corporate Bond and Medium-Term Note Trading (Utah Money Management Act)
• Funding Desk, Taxable Fixed Income Trading

Master Of Business Administration - Mba, Economics

Bachelor Of Arts - Ba, Economics