Sr. Commercial Loan Processor

Axos Bank; San Diego (CA); On-site; USD 70,304 - 90,000; Full time

Benefits offered by this job

Medical, Dental, and Vision Insurance

401(k) with Employer Match

Paid Sick Leave and Vacation

Job summary

Axos Bank is seeking a Sr. Commercial Loan Processor in San Diego, California. This role provides strategic leadership for the loan processing team, ensuring compliance and efficiency.

The ideal candidate has over 5 years in Commercial Lending operations and understands loan documentation intricacies. Employee benefits include medical coverage, paid vacation, and a retirement savings plan with employer match.

Qualifications

• Minimum of 5 years in Commercial Lending operations is required.
• Strong understanding of collateral perfection and UCC filings.
• Ability to interpret financial documents and legal requirements.

Responsibilities

• Oversee daily operations of loan processing team.
• Prepare and manage commercial loan documentation.
• Liaise with internal and external stakeholders for smooth transaction flow.

Skills

Commercial Loan Documentation

Strong Communication Skills

Organizational Strength

Education

High School Diploma

Tools

nCino

Salesforce

Jack Henry

Job description

Salary

Axos Bank Target Range: $70,304.00/Yr. - $90,000.00/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 Sr. Commercial Loan Processor provides strategic and operational leadership for the entire loan processing team. This role oversees daily operations, sets performance standards, and ensures that all transactions are executed efficiently and in full compliance with company policies and federal regulations. The Sr. Commercial Loan Processor collaborates with senior leadership to implement process improvements, resolves escalated issues, manages staffing and scheduling, and drives overall team performance and development.

Responsibilities

• Prepare, review, and manage all commercial loan documentation—including both in-house document sets and those prepared by counsel—to ensure adherence to company policies and federal regulations.
• Address and remediate audit findings as needed.
• Serve as a key liaison with internal teams (Sales, Underwriting, Operations) and external stakeholders (Legal Counsel, Title, Escrow, Vendors, Insurance Companies) to ensure smooth transaction flow and timely updates regarding loan status.
• Accurately enter and maintain loan data in core processing systems (nCino, Salesforce, Jack Henry) to effectively manage pipelines, workflow, and funding deadlines.
• Contribute to ongoing process enhancement initiatives and, when applicable, assist in training and guiding team members to improve overall operational efficiency.
• Collaborate with internal and external stakeholders to ensure that all funding conditions are met, documentation is complete, and funds are disbursed in a timely and accurate manner.
• Execute day‑to‑day loan processing tasks, ensuring each stage of the transaction is completed accurately and efficiently.
• Monitor workflow status, address bottlenecks, and maintain processing standards throughout the loan lifecycle.
• Request, collect, and verify due diligence items from customers, brokers, and third parties, ensuring all necessary information is obtained to support efficient loan origination and processing.

Qualifications

• High school diploma.
• 5+ years in Commercial Lending operations (processing, closing, servicing, or transaction management) or SFR experience.
• Strong understanding of commercial loan documentation (C&I, CRE, Construction, Asset‑based, and Specialty Lending).
• Familiarity with collateral perfection, UCC filings, insurance requirements, escrow instructions, and loan boarding requirements.
• Ability to interpret credit memos, approval conditions, financial covenants, and legal documents.
• High accuracy and organizational strength in a fast‑paced, high‑volume environment.
• Strong communication skills and comfort working cross‑functionally.
• Experience with nCino or similar loan origination systems preferred.

Employee Benefits

• 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.

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.

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.