Commercial Underwriting Analyst I

Axos Bank Target Range: $23.00/Hr. - $28.50/Hr. 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: 7.5% Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 7.5% These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets. About This Job The Commercial Underwriting Analyst I provides analytical support to the underwriting team in assessing middle market, business banking, HOA, and asset-based lending (ABL) opportunities. This role focuses on financial analysis, credit evaluation, and collateral assessment to support sound credit decisions and portfolio performance. Ideal for early-career candidates seeking to build core underwriting and credit risk expertise. Responsibilities: Perform foundational credit analysis, including review of financial statements, cash flow, and preliminary risk ratings Analyze ABL collateral (A/R, inventory, equipment, and other receivables) across a range of structures and industries Support underwriting of middle market, business banking, and HOA lending transactions Evaluate borrower financial performance and identify key risks and mitigants Assist with due diligence, document collection, and underwriting file management Contribute to process improvements through data analysis and reporting Qualifications: Bachelor’s degree in Finance, Accounting, Economics, Business, or related field 1+ year of experience in commercial banking, credit analysis, accounting, or related field (preferred) Strong analytical and problem-solving skills with high attention to detail Proficiency in Excel (financial modeling, data analysis) Effective written and verbal communication skills Ability to manage multiple priorities in a fast-paced environment 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.