SVP, Head of Specialty Deposits

Axos Bank

Target Range: $225,000.00/Yr. - $275,000.00/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: 37.5%Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 37.5%

These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job

The Senior Vice President, Head of Specialty Deposits is responsible for leading the Bank's national specialty deposits business, driving deposit growth, optimizing cost of funds, and expanding market share across specialized industry verticals. This executive leader oversees strategy, sales execution, portfolio performance, talent development, pricing, and strategic partnerships while ensuring strong risk management and operational discipline.

The SVP serves as the business leader for specialty deposit verticals including Title & Escrow, 1031 Exchange, Fintech, Third-Party Payment Providers, Real Estate Management Banking, Waste Management, and Senior Housing. The role partners closely with Commercial Banking, Treasury Management, Operations, Compliance, Risk, and executive leadership to deliver sustainable growth, profitability, and client retention.

Responsibilities:

• Lead the Bank's specialty deposits business and develop strategies to drive growth, profitability, and portfolio diversification across multiple industry verticals
• Establish and execute annual business plans, sales objectives, deposit growth targets, and performance metrics
• Provide leadership and oversight for specialty deposit teams, including recruiting, coaching, talent development, succession planning, and performance management
• Direct portfolio management activities to optimize deposit growth, client retention, profitability, and funding stability
• Develop and execute pricing and cost-of-funds strategies, including oversight of deposit pricing and Earnings Credit Rate (ECR) management
• Identify and pursue opportunities to expand into new specialty deposit markets and business segments
• Build and maintain strategic relationships with clients, industry partners, technology providers, and referral sources to support business growth and market presence
• Represent the Bank at industry conferences, client events, and business development activities
• Partner with Treasury Management, Operations, Risk, Compliance, Finance, and executive leadership to execute strategic initiatives and ensure operational excellence
• Ensure compliance with all regulatory, risk management, BSA/AML, and operational requirements applicable to the specialty deposits business
• Provide regular business reporting, forecasting, and strategic recommendations to executive leadership

Qualifications:

• Bachelor's degree in Business, Finance, Economics, or a related field required; advanced degree preferred
• 15+ years of experience in commercial banking, specialty deposits, treasury management, commercial payments, or related financial services
• 8+ years of progressive leadership experience managing deposit-focused business lines, sales teams, or commercial banking organizations
• Demonstrated success developing and executing growth strategies, building high-performing teams, and delivering meaningful deposit growth
• Deep knowledge of specialty deposits, treasury management products, deposit pricing, liquidity management, and commercial banking services
• Strong understanding of regulatory requirements, risk management practices, and operational controls related to deposit-based businesses
• Proven ability to establish and maintain executive-level client, partner, and industry relationships
• Excellent leadership, strategic planning, communication, negotiation, and influencing skills
• Experience serving specialty industries such as Title & Escrow, 1031 Exchange, Fintech, Payments, Property Management, Senior Housing, Waste Management, or similar commercial banking verticals preferred
• Demonstrated ability to manage complex portfolios, lead organizational change, and drive business performance 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)