VP, Fund Finance Underwriting Manager

, NY, United States

VP, Fund Finance Underwriting Manager page is loaded VP, Fund Finance Underwriting Manager Apply remote type Remote OR Onsite locations San Diego, CA Los Angeles, CA HQ - San Diego, CA time type Full time posted on Posted 14 Days Ago job requisition id JR598 Axos Bank Target Range:

$150,000.00 /Yr. - $225,000.00 /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: 25%Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 25% 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 Vice President of Fund Finance Underwriting. This position is responsible for the implementation of the Credit Risk Underwriting/Management function for Fund Finance, including underwriting complex transactions, evaluating credit proposals, and making written credit recommendations to management specifically identifying and assessing risks and mitigants, and repayment ability, ensuring compliance with external regulatory and internal bank policy and guidelines, and management of support staff. The incumbent will participate in the development and recommendation of objectives, policies and procedures, ensuring consistent operational, regulatory and quality standards and methods as it relates to Fund Finance credit underwriting function, risk-rating assessment, while providing quality resource training, guidance and functional direction to support staff, monitor portfolio quality, turnaround time, and provide performance feedback to staff.

This position is onsite with hybrid option in NYC. Additionally, onsite in San Diego or Los Angeles. Responsibilities:

Manage and effectively execute on existing pipeline of Fund Finance transactions, including subscription facilities, NAV and hybrid facilities, management company revolvers and GP Capital Contribution Facilities

Assume some credit structuring and other credit process responsibilities including risk rating assessment

Oversight of analyses of the financial condition and credit worthiness of existing and potential clients

Ensure monthly and/or quarterly reviews of existing borrowers track compliance with covenants, raising potential concerns to Relationship Managers (RM) and Senior Management for resolution; monitor actions taken to address remedial management

Independently formulate questions and directly engage with customers/prospects, in addition to RM and Senior Management, to address any information, issues, or concerns

Provide input on product features/benefits and marketing proposals to support the business

Assist with the preparation of reports, information requests, credit inquiries, Pre-Investment Committee submissions, term sheets, Credit Memorandum, and other special requests

Perform industry and asset research and other due diligence as needed

Recommend changes to processes, policies, procedures, and technology to achieve greater efficiency

Ensure all credit commitments are documented in accordance with credit approvals and legal guidance

Conduct due diligence and attend bank/customer meetings as required

Act as primary point of contact for audits, including OCC reviews

Perform related duties and participates in special assignments and projects as required

Assist in complex deal negotiations throughout the documentation and funding stages of approved transactions. Assist with the preparation of reports, information requests, credit inquiries, Pre-Investment Committee submissions, term sheets, Credit Memorandum, and other special requests.

Assist in screening and structuring new loan opportunities. Draft and negotiate term sheets with counterparties. Prepare credit write-ups and present to senior management.

Execute complex transactions for assigned products

Evaluate the potential for cross sell opportunities and cross department due diligence. Independently formulate questions and directly engage with customers/prospects, in addition to RM and Senior Management, to address any information, issues, or concerns.

Requirements:

Bachelor’s degree

8+ years’ experience within Fund Finance

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.

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