Senior Collector

Role Description

Axos is seeking a Sr. Collector who will be responsible for tracking tasks related to adversely graded commercial loans within the Bank's loan portfolio in compliance with all applicable state and federal laws, rules, regulations, and bank policies and procedures. They will also be responsible for ensuring credit tasks are kept up to date related to appropriate workout strategies to maximize value of loan assets in the portfolio.

• Perform financial and collateral analysis for due diligence and evaluate loan repayment ability regarding asset based lending portfolio to minimize credit losses for commercial loans.
• Review ongoing financial and collateral performance on existing portfolio accounts. Analyze and recommend appropriate workout strategies to maximize value of loan assets. Perform and approve loan reviews as needed.
• Monitor loans in Bankruptcies and Receiverships. Support loss mitigation requests and recommend workout options, including loan modification, deed in lieu, and short sale requests. Ensure compliance with servicing guides, process special assets inquiries such as taxes, insurance, appraisals, inspections, etc.; and identify potential vendors for such tasks.
• Perform activities associated with maintaining process/operations, including developing and implementing policies and procedures on systems and the flow of information.
• Receive clear communication including feedback, coaching, individual needs assessment, and training gaps, including regular, one-on-one performance reviews to ensure performance and quality standards are being met.
• Prepare documents for amendments, restructures, client requests and review reports according to regulations, policies and standards.

Qualifications

• Bachelors degree preferred
• 4-6 years of experience in portfolio management

Requirements

• Eligible for an Annual Discretionary Cash Bonus Target: 7.5%
• Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 7.5%
• 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.

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

Company Description

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).