VP, Fund Finance Underwriting Manager

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 …