Commercial Loan Administrator II

Axos Bank; San Diego (CA); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Paid time off

HSA/FSA

401(k) matching

Job summary

Axos Bank in San Diego seeks a Commercial Loan Servicing support specialist to handle day-to-day processing tasks in a fast-paced environment. You will process loan modifications, manage invoices via Oracle, review loan documents, and perform reconciliations to ensure accurate core-system data.

The role requires 1+ years in loan servicing, strong communication, and detail orientation. This is a fully onsite position with standard business hours, and the team offers a comprehensive benefits

Qualifications

• Bachelor's degree preferred.
• 1+ years' experience in loan servicing.
• Strong customer service and operations acumen.
• Effective and professional written and verbal communication skills.
• Ability to multi-task/prioritize work effectively.
• MS Office.
• Strong attention to detail.
• Fully onsite position in San Diego, CA.
• Monday through Friday, 8:00 AM to 5:00 PM.
• No relocation assistance available. Local San Diego candidates only.

Responsibilities

• Process loan modifications in the core system
• Initiate invoice processing through Oracle for the business unit
• Review financial documents and loan agreements
• Complete daily/monthly clearing account general ledger reconciliations
• Process loan advances and Draws for supported lending groups
• Process loan payments
• Boarding loans into Core Systems
• Escrow disbursements
• Loan reconciliations and rate adjustments, ensure accuracy in the core system
• Board and track loan insurance
• Loan document storage and recall
• Prepare loan payoff requests and subsequent processing
• Other priorities as needed within Commercial Lending Operations

Skills

Customer service

Communication skills

Multitasking

Attention to detail

Education

Bachelor's degree preferred

Tools

MS Office

Job description

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

Within the Commercial Loan Servicing department, you will provide day-to-day processing support to commercial loan servicing. Technology & Operations is a group formed around business support and assisting our business units in opportunities and efficiencies. Building processes around the necessary controls for enabling business growth, aligning business objectives with IT Governance and Risk and allocating resources effectively to execute on the Axos Vision.

Responsibilities:

• Process loan modifications in the core system
• Initiate invoice processing through Oracle for the business unit
• Review financial documents and loan agreements
• Complete daily/monthly clearing account general ledger reconciliations
• Process loan advances and Draws for supported lending groups
• Process loan payments
• Boarding loans into Core Systems
• Escrow disbursements
• Loan reconcilations and rate adjustments, ensure accuracy in the core system
• Board and track loan insurance
• Loan document storage and recall
• Prepare loan payoff requests and subsequent processing
• Other priorities as needed within Commercial Lending Operations

Qualifications:

• Bachelor's degree preferred
• 1+ years' experience in loan servicing
• Strong customer service and operations acumen
• Effective and professional written and verbal communication skills
• Ability to multi-task/prioritize work effectively
• MS Office
• Strong attention to detail
• Fully onsite position in San Diego, CA.
• Monday through Friday, 8:00 AM to 5:00 PM.
• No relocation assistance available. Local San Diego candidates only.

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