Sr. Commercial Loan Processor

Sr. Commercial Loan Processor

Axos Bank

Target Range: $70,304.00/Yr. - $90,000.00/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: 12.5%

Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5%

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

About This Job

The Sr. Commercial Loan Processor provides strategic and operational leadership for the entire loan processing team. This role oversees daily operations, sets performance standards, and ensures that all transactions are executed efficiently and in full compliance with company policies and federal regulations. The Sr. Commercial Loan Processor collaborates with senior leadership to implement process improvements, resolves escalated issues, manages staffing and scheduling, and drives overall team performance and development.

Responsibilities:

• Prepare, review, and manage all commercial loan documentationincluding both in-house document sets and those prepared by counselto ensure adherence to company policies and federal regulations. Address and remediate audit findings as needed
• Serve as a key liaison with internal teams (Sales, Underwriting, Operations) and external stakeholders (Legal Counsel, Title, Escrow, Vendors, Insurance Companies) to ensure smooth transaction flow and timely updates regarding loan status
• Accurately enter and maintain loan data in core processing systems (nCino, Salesforce, Jack Henry) to effectively manage pipelines, workflow, and funding deadlines
• Contribute to ongoing process enhancement initiatives and, when applicable, assist in training and guiding team members to improve overall operational efficiency
• Collaborate with internal and external stakeholders to ensure that all funding conditions are met, documentation is complete, and funds are disbursed in a timely and accurate manner
• Execute day-to-day loan processing tasks, ensuring each stage of the transaction is completed accurately and efficiently. Monitor workflow status, address bottlenecks, and maintain processing standards throughout the loan lifecycle
• Request, collect, and verify due diligence items from customers, brokers, and third parties, ensuring all necessary information is obtained to support efficient loan origination and processing

Qualifications:

• High school diploma
• 5+ years in Commercial Lending operations (processing, closing, servicing, or transaction management) or SFR experience
• Strong understanding of commercial loan documentation (C&I, CRE, Construction, Asset-based, and Specialty Lending)
• Familiarity with collateral perfection, UCC filings, insurance requirements, escrow instructions, and loan boarding requirements
• Ability to interpret credit memos, approval conditions, financial covenants, and legal documents
• High accuracy and organizational strength in a fast?paced, high?volume environment
• Strong communication skills and comfort working cross?functionally
• Experience with nCino or similar loan origination systems preferred

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)