Jr. Underwriter

Axos Bank • San Diego, CA

7d • $19 - $29

About The Position

Axos is seeking a Jr. Underwriter to thoroughly and accurately analyze loan applications and related documentation, clear outstanding underwriting conditions in accordance with Axos lending policies and procedures, and provide superior service to internal and external customers. The role monitors loans in process to support timely completion and effective communication with all parties involved.

Requirements

• Bachelor's degree or 2+ years of experience in residential lending.
• Ability to retain confidential information and display a high level of professionalism.
• Ability to provide timely and courteous service to internal and external customers.
• Effective written and verbal communication skills.
• Ability to perform correct mathematical calculations and analyses.
• Ability to organize and prioritize tasks, manage workflow, and multitask.
• Ability to work as a team player and productively in a fast-paced environment with minimal supervision.
• Knowledge of lending practices and procedures, including loan documentation requirements.
• Familiarity with general lending practices within the industry.

Nice To Haves

• Knowledge of PC Lender/Mortgage Director systems.

Responsibilities

• Maintain a thorough working knowledge of Axos lending policies, procedures, underwriting guidelines, published loan-to-value parameters, and loan packaging requirements.
• Examine loan application packages and trailing documentation submitted by Sales and Operations for completeness, conformity, and acceptability under Axos lending policies and guidelines.
• Determine whether additional documentation is needed to complete underwriting and clear a loan to close.
• Analyze applicant income, assets, liabilities, credit, and other factors.
• Review collateral documentation and appraisals.
• Adhere to applicable compliance regulations, including BSA, BPA, and Right to Financial Privacy.
• Demonstrate a commitment to fair lending.
• Perform other duties as assigned.

Benefits

• Medical, dental, vision, and life insurance.
• Paid sick leave, three weeks of vacation, and holidays (about 11 a year).
• HSA or FSA account and other voluntary benefits.
• 401(k) Retirement Saving Plan with employer match program.
• 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%, which may be awarded semi-annually based on achievement of performance goals and targets.
• Eligible for an annual discretionary restricted stock units bonus target of 10%, which may be awarded semi-annually based on achievement of performance goals and targets.

What This Job Offers

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