Sr. Underwriter

Axos Bank; San Diego (CA); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Medical, Dental, Vision, and Life Ins.

Sick Leave

Vacation & Holidays

HSA or FSA account

401(k) with company match

529 Savings Plan

Employee Mortgage Loan Program and Axo

Job summary

Axos Bank in San Diego, CA is seeking an experienced loan underwriter to analyze files for multiple loan programs, assess risk factors, and determine eligibility for loans, using up-to-date knowledge to support underwriting decisions. You will review financial statements, credit history, income, assets and liabilities, perform cash flow analysis, and ensure conformance with investor guidelines.

A High School Diploma is required and a Bachelor\'s degree preferred, with 3–5 years of underwriting

Qualifications

• High School Diploma is required; Bachelor Degree preferred.
• 3-5 years of underwriting experience, including in-depth knowledge of self-employed borrower review.

Responsibilities

• Review all loan documentation submitted for initial underwriting decision, conditional approvals, and clear to close.
• Evaluate business and personal financial statements, credit history, income, assets and current liabilities for ability to repay.
• Conduct careful risk analysis and ensure loans conform to applicable underwriting guidelines.
• Requires proficiency and in-depth knowledge of commercial spreading and cash flow analysis.
• Review and respond to quality control items related to credit.
• Other duties as assigned.

Skills

Underwriting

Financial analysis

Risk assessment

Education

High School Diploma

Bachelor Degree preferred

Job description

Axos Bank Target Range: $80,000/Yr. - $100,000/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: 10% Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 10% These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job

Analyze files for various loan programs, assess risk factors, and determine eligibility for loans or credit products. Use good judgement and up-to-date knowledge and experience to analyze increasingly complex loans. Adhere to investor and compliance guidelines and provide support and guidance to analyst underwriters.

Responsibilities

• Review all loan documentation submitted for initial underwriting decision, conditional approvals, and clear to close.
• Evaluate business and personal financial statements, credit history, income, assets and current liabilities for ability to repay.
• Conduct careful risk analysis and exercise good judgment to determine if loans conform to applicable portfolio and investor underwriting guidelines.
• Requires proficiency and in-depth knowledge of commercial spreading and cash flow analysis.
• Review and respond to quality control items related to credit.
• Other duties as assigned.

Qualifications

• High School Diploma, Bachelor Degree preferred.
• 3-5 years of underwriting experience, including in-depth knowledge of self- employed borrower review.

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.

E-Verify and Right to Work Notices

Axos participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States. The E-Verify program is an internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. IER Right to Work Poster (English/Spanish) E-Verify Participation Poster (English/Spanish) We’re a team of relentless innovators that are challenging the status quo through smart, pro-consumer financial products and services. We got our start in 2000, as an online bank – when the idea of banking online was almost unthinkable. Since then, we’ve evolved to add commercial banking, commercial lending, investment, clearing, and fiduciary services to our toolbox. As modern life continues to present new challenges for clients, we step up and find creative ways to solve them.