Target Range:
$90,000.00/Yr. - $110,000.00/Yr.Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.
Eligible for an Annual Discretionary Cash Bonus Target: 12.5%Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5%These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.
About This Job
The VP, C&I Special Assets Manager assists with management and oversight of the C&I Special Asset portfolio to mitigate credit losses and other risk exposures. The position provides training and mentoring to junior level analysts while working alongside the Chief Credit Officer and Director of Special Assets.Responsibilities:
Build strong asset management to help mitigate potential losses. Analyze and recommend appropriate workout strategies to maximize value of loan assets. Performing and approving loan reviews
Managing loans in active Bankruptcies and Receiverships. Reviewing loss mitigation requests, including; loan modification, deed in lieu, and short sale requests. Ensuring compliance with servicing guides,
Mentoring and training junior analysts and strengthening working relationships within the business units and portfolio management groups
Role is responsible for the performance of multiple functions related to the initiation of the default process through post-sale requirements
Liaison with both external and internal legal counsel on matters pertaining to adversely graded loans within the bank’s loan portfolio
Prepares periodic reports for the Board of Directors, Committee, Management, auditors, and regulators as required
Participates in special projects, organizational committees, teams and task forces as assigned
Assists EVP, Chief Credit Officer, Director of Special Assets and Special Assets Manager with credit approval process and other credit administration functions as assigned
Provides suggestions for process improvement and analyzing trends in loan portfolios and recommending strategies to minimize credit losses or other risk exposures
Requirements:
Bachelor’s degree
5+ years’ experience in special assets, credit risk, and/or portfolio management
3+ years’ of global C&I experience
Asset based lending and cash flow experience
Familiarity with banking regulations and compliance requirements
Experience with C&I deals
Axos Employee Benefits May Include:
Medical, Dental, Vision, and Life Insurance
Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
HSA or FSA account and other voluntary benefits
401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading
About Axos
Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.
Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).
Learn more about working at Axos
Pre-Employment Background Check and Drug Test:
All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.
Equal Employment Opportunity:
Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.
Job Functions and Work Environment:
While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.
The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.