VP, Portfolio Manager
4 weeks ago
About Axos Bank
Axos Bank is a leading financial institution that offers a range of financial tools and services to individuals, small businesses, and companies. We are seeking a highly skilled VP, Portfolio Manager - Asset-Based Lending to join our team.
Job Summary
The successful candidate will be responsible for managing and providing daily oversight of the various Asset-Based Lending (ABL) groups and their respective Portfolio Management teams. This will involve continuous monitoring of the Bank's performing loan portfolio, managing all department functions, and curating information for compliance reporting.
Key Responsibilities
• Calculate borrowing base availability, including monitoring portfolio for concentration limits
• Monitor payments, collections, and payoffs
• Collect documents as required in loan agreements
• Process draw requests
• Manage ongoing communication with internal and external stakeholders
• Analyze data and prepare monthly and quarterly reports for review
• Lead a high performing organization by engaging associates, setting expectations, holding teams accountable and recognizing great work
• Manage and monitor loan products including affirmative and negative financial covenant compliance and comply with internal and external regulatory requirements
Requirements
• Bachelor's degree
• 10+ years in a financial institution
• 5+ years in a transactional role
• Asset-based lending
Benefits
Axos Bank offers a comprehensive benefits package, including 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. We also offer a 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan.
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