Hybrid SVP, Credit Administrator – Fund Banking

at Axos Bank

• Job title: SVP, Credit Administrator – Fund Banking
• Job type: Full Time
• Experience level: Lead
• Salary: $180,000 - $200,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, New York City, United States

About the role

• Credit Administrator overseeing commercial borrowers and evaluations for Axos Bank. Collaborating with teams to approve loan submissions and manage credit risks across diverse funds.

Responsibilities

• The Credit Administrator provides credit oversight through initial and periodic credit reviews and evaluation, loan structuring, and engagement with legal counsel for an assigned portfolio of commercial borrowers.
• This role is responsible for reviewing and approving loan submissions within the designated credit approval authority.
• As a key member of a deal team, work closely with Business Units including Team Managers, Credit Underwriting and Portfolio Managers to review and evaluate new credit proposals, amendments, and renewals for a portfolio of commercial borrowers while focusing on the quality and analysis of the credit presented.
• Approve proposed extensions of credit within authorized loan limits.
• Develop alternative strategies on complex credits through a collaborative effort with business units.
• Review pipeline, maturities, and delinquency reports and engage Business Units for appropriate action.
• Engage with Credit Portfolio Management to monitor and manage the risk of a portfolio of commercial borrowers.
• Approve periodic loan reviews and confirm the accuracy of the risk rating.
• Provide guidance on credit issues including proper structuring, early detection of problem loans to Business Units through thought leadership and coaching.
• Assist in managing problem loan credits.
• Collaborate with Business Units and engage with legal counsel on the documentation of loan transactions.
• Proactive in understanding industry, market, and Borrower trends to manage the credit risk of an assigned product which could lead to proposing updates to credit policies, guidelines, and procedures.

Requirements

• Bachelor's degree
• 10+ years’ experience in the fund finance industry
• 15+ years’ related credit experience
• Advanced knowledge of commercial credit framework, and basic commercial credit legal documentation principles
• Superior Credit Analysis skills
• Completion of a formal Credit Training Program at a major financial institution
• Ability to use core Microsoft Office programs and applications such as Word and Excel with ease
• Ability to work in a team environment

Benefits

• 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