Sr. Commercial Underwriter

Axos Bank

Target Range:

$100,000/Yr. - $125,000/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

Axos Bank is seeking a detail-oriented and experienced Supervisory Senior Underwriter to join our team, specializing in Single Family Residential loans including Construction and Entity Loans. This role is ideal for someone with a strong background in conventional jumbo portfolio loan underwriting with both secondary review and historical loan signing authority. You’ll be responsible for evaluating loan documentation, assessing borrower creditworthiness, and ensuring compliance with investor and bank portfolio guidelines. If you have a deep understanding of FNMA, FHLMC, HUD, and construction-related financials, and enjoy working in a fast-paced, risk-sensitive environment, we’d love to hear from you.

Responsibilities:

• Manage daily production and quality expectations to achieve monthly business goals and quality service levels
• Perform second reviews of initial credit decisions to ensure accurate disposition and track relevant feedback 
• Manage, mentor and coach a team of underwriters, providing technical training and evaluation performance
• Partner with internal and external Operation and Sales teams finding solutions and support for production goals
• Evaluate complex transactions including credit history, income, assets and current liabilities for ability to repay
• Conduct careful risk analysis and exercise good judgment to determine if loans conform to applicable underwriting guidelines for sale on the secondary market
• Requires proficiency and in-depth knowledge of FNMA, FHLMC, HUD, and investor guidelines

Qualifications:

• 10+ years of single-family residential jumbo loan underwriting experience with a focus of a minimum 5+ years of portfolio underwriting of conventional jumbo loans
• Bachelor’s degree in accounting, finance, mathematics or statistics preferred
• Strategic thinker with a proactive approach to problem-solving and decision-making
• Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
• Strong analytic, interpersonal, and verbal and written communication skills
• Detail oriented
• Ability to work in a flexible and production-oriented environment
• Ability to effectively assess risk
• Strong negotiation skills

Axos Employee Benefits May Include:

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)