FVP, Commercial Underwriter

Axos BankTarget Range:$125,000.00/Yr. - $175,000.00/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: 17.5%Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 17.5%These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.About This JobThe First Vice President (FVP), Commercial Underwriter is a senior-level position responsible for leading the underwriting and risk assessment process for complex commercial lending transactions. This role works closely with Relationship Managers, Credit Officers, and Executive Leadership to evaluate creditworthiness, structure loan packages, and ensure adherence to the institution’s risk appetite and regulatory guidelines. The FVP plays a key role in managing portfolio risk and supporting the growth of high-quality commercial loan assets.Responsibilities:Performs complex financial and collateral analyses including modeling, projection analyses, and cash flow analysis to evaluate repayment ability and overall credit quality; evaluates accounts receivable, inventory, equipment, and other working capital assets to determine advance rates, borrowing base availability, and overall collateral adequacyReviews and stress-tests collateral assumptions including borrowing base certificates, inventory appraisals, and field exam findings to support credit decisions; Deep understanding of collateral types and associated risksManages analysts through the underwriting process (CAM, Diligence); prepares and reviews CAMs and PICs before submission; tracks all items necessary to close a loan including collateral documentation and appraisal coordinationPrepares term sheets and reviews loan documents with focus on ABL-specific provisions (borrowing base mechanics, collateral monitoring covenants, dominion/control agreements, field exam triggers); coordinates boarding with additional bank unitsPrescreens new business for appropriateness and structure; supports business development officers in pursuing and shaping ABL transactionsTrains and develops analysts with emphasis on ABL-specific technical skills and collateral analysisLiaises between departments to gain buy-in for business plans, growth strategies, and transaction opportunities; assists in hiringAssists in writing credit policy, guidelines, and key process development including underwriting standards, collateral eligibility criteria, and borrowing base templatesRepresents the Bank at industry forums, conferences, and client meetings; travels as needed to execute on assigned dutiesRecommends loans for approval to credit committee, presenting analyses that clearly articulate risk, structure rationale, and proposed mitigantsLeads group adherence to the management framework and compliance with all audit and review requirements including OCC, BDO, Internal Audit, ICR, and SOX reviewQualifications:Bachelor’s degree in Finance, Accounting, Economics, or related field required; MBA or advanced degree preferredMinimum 10 years of experience in commercial credit underwriting, including large/complex loan structuresDeep knowledge of financial statement analysis, loan structuring, collateral evaluation, and cash flow modelingStrong understanding of regulatory guidelines (OCC, FDIC, Basel III) and internal risk-rating systemsProven ability to communicate complex credit decisions clearly and persuasively to senior leadershipExcellent analytical, organizational, and leadership skillsExperience with portfolio management and risk monitoring tools is a plusHigh proficiency in credit software platforms and Microsoft Office Suite (especially Excel and PowerPoint)Axos Employee Benefits May Include:Medical, Dental, Vision, and Life InsurancePaid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)HSA or FSA account and other voluntary benefits401(k) Retirement Saving Plan with Employer Match Program and 529 Savings PlanEmployee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed TradingAbout AxosBorn 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 AxosPre-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 NoticesAxos 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)SummaryLocation: San Diego, CAType: Full time