Credit Associate

Axos Bank • Remote - TX, TX

2d • $55,000 - $70,000

About The Position

The Credit Associate analyzes the creditworthiness of new and established customers in accordance with departmental and corporate thresholds, policies, and procedures. The role reviews financial statements, third-party credit reports, and public information about customers and related parties or principals, then recommends whether submitted credit applications should be approved or declined.

The position assesses applicants’ financial situations and associated risks, prepares credit reports and recommendations, and helps ensure compliance with applicable lending laws, regulations, and standards. It also contributes to credit-policy development, monitors existing loans and credit lines, and tracks market and industry conditions that may affect lending decisions.

The target salary range is $55,000–$70,000 per year. The role is eligible for discretionary annual cash and restricted stock unit bonus targets of 10% each; these bonuses may be awarded semi-annually based on performance goals and targets. Axos employee benefits may include medical, dental, vision, and life insurance; paid sick leave, vacation, and holidays; HSA or FSA and other voluntary benefits; a 401(k) plan with employer match; a 529 savings plan; an employee mortgage loan program; and free access to an Axos Bank account with self-directed trading.

Employment offers are contingent on passing a credit check, criminal background check, and pre-employment drug screening, including marijuana screening. The position requires sitting for extended periods and manual dexterity and coordination while operating standard office equipment. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requirements

• Bachelor’s degree in finance, accounting, economics, or a related field, or 5+ years of work experience.
• Strong analytical skills and proficiency in financial statement analysis.
• Knowledge of risk assessment techniques.
• Familiarity with lending-related regulatory guidelines and compliance requirements.
• Excellent written and verbal communication skills.
• Attention to detail and ability to work independently and as part of a team.
• Proficiency in financial software and data analysis tools.
• Problem-solving skills and ability to make sound decisions based on available information.

Nice To Haves

• Prior experience in credit analysis or a related role is advantageous.

Responsibilities

• Review and analyze financial statements, credit reports, and other financial documents to assess applicants’ creditworthiness.
• Evaluate credit risk using financial data, market conditions, and industry trends.
• Use credit-scoring models and tools to assign applicant credit scores and ratings.
• Collect and verify information from sources including credit bureaus, financial statements, tax returns, and customer interviews.
• Prepare credit reports summarizing applicants’ financial situations, risk levels, and recommendations for approval or denial.
• Present findings and credit recommendations to senior management, underwriters, or loan committees, with a clear rationale for decisions.
• Ensure compliance with applicable laws, regulations, and lending standards when evaluating credit applications.
• Communicate with applicants, lenders, and other stakeholders to obtain information and explain credit decisions.
• Contribute to the development and refinement of credit policies and procedures.
• Monitor the credit performance of existing loans and credit lines, identify potential risks, and suggest remedial actions.
• Stay informed about industry trends, economic conditions, and changes in credit markets that may affect lending decisions.
• Review financial statements, third-party credit reports, and public information about customers and related parties or principals, and recommend whether credit applications should be approved or declined.

Benefits

• Medical, dental, vision, and life insurance.
• Paid sick leave, three weeks of vacation, and holidays (about 11 per year).
• HSA or FSA account and other voluntary benefits.
• 401(k) retirement savings plan with employer match.
• 529 savings plan.
• Employee mortgage loan program.
• Free access to an Axos Bank account with self-directed trading.
• Eligible for an annual discretionary cash bonus target of 10%.
• Eligible for an annual discretionary restricted stock units bonus target of 10%.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level