Underwriter, Commercial Finance - Axiom Bank, N.A.

At Axiom Bank, we encourage you to aim for the sky and leverage your expertise and passion to excel. We are a growing, dynamic organization – this is an exciting time to get on board!

We believe in the value of promoting a healthy work/life balance and are committed to recognizing the role everyone plays in our ongoing success. We offer the following benefits to our Full Time Employees:

• 12 Paid Holidays
• Generous Paid Time Off
• 4% Match on our 401(k)
• Medical, Dental and Vision Benefits
• 100% Company Paid Life, AD&D Insurance, Short and Long Term Disability

General Responsibilities

Underwrite loans in a timely manner that will result in an acceptable level of credit risk and an appropriate risk return relationship.  The senior underwriter will facilitate the booking of new loans, will ensure that customers understand our requirements and their responsibilities, will manage the entire underwriting process through closing and affect a “smooth” transition to the Portfolio.    

Key Responsibilities and Accountabilities

The Underwriter Axiom Bank Factoring and ABL’s Key Accountabilities include, but are not limited to the following:

• Underwrite the Bank’s ABL products, regardless of size or complexity, in a timely and efficient manner.
• Understand the Bank’s ABL credit policies and procedures.

• Work closely with the various Business Development Officers in order to provide a “consultative/value-added” credit perspective, both prior to proposal issuance and at all times thereafter.
• Review and analyze new deal packages for content and completeness and conduct initial “interview” with prospect.
• Order and review due diligence and documentation with Legal Coordinator.
• Review and analyze financial statement spreads and understand flows of cash.
• Review field examinations and appraisals and understand the collateral and financial trends indicated therein.
• Visit prospect location and meet management of the business when needed.
• Gain thorough understanding of the Prospect’s business and the company’s assets.
• Review reporting requirements and processing with client.
• Analyze debtor information in conjunction with Debtor Credit Manager.
• Review any supporting documents and analyze all collateral presented such as accounts receivables, inventory, M&E, and PP (when applicable).
• Prepare the Credit Approval Memo for appropriate approval.
• Oversee closing documentation process and be able to effectively negotiate documents with prospect.
• Conduct and document the closing process and oversee/assist the efforts of the Portfolio Manager and Collateral Analyst assigned to the deal with the first funding request.
• Mentor and train underwriters and less experienced on ABL.
• Perform other ad-hoc functions, projects, etc. for other areas of the bank as required.
• Position reports directly to the President – Commercial Finance.

Supervision of Personnel

• None

Working Conditions

• This position is performed in a regular office work environment, including ability to lift and carry files of up to 10 lbs. Extensive use of computer terminal and keyboard. The incumbent will be expected to be able to work Monday through Friday and work will mainly be performed at the Dallas, TX location; occasional evening and weekend work may be required. Flexibility with work location and hours may be granted if circumstances permit.

Travel

•  None 

Qualifications Summary

Education

• Bachelor’s degree in Finance, Accounting, or Business related program.

Experience

• 5-7 years of secured lending experience.

Knowledge & Skills:

• Strong credit management skills
• Knowledge of commonly-used concepts, practices, and procedures in the financial field
• Ability to exercise good judgment
• Detail oriented and willingness to work in the details
• A certain degree of creativity and latitude is required; Ability to work well with various departments
• Very skilled in Microsoft Excel and Word
• Exceptional overall computer skills and prioritizing abilities
• Strong sense of urgency combined with strong communication skillset
• Customer service and responsiveness is a critical aspect in the role

Other Duties - Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

The estimated range for this position is $120k-150k. 

(Reasonable accommodations may be made to enable individuals with disabilities to perform these tasks. If you need an accommodation, please contact us at hr@axiombanking.com)

Axiom Bank does not discriminate in employment opportunities or practices on the basis of any protected status. It is the policy of Axiom Bank to conduct background, credit reference and drug screening tests as a condition of employment. Drug Free Workplace. EOE/AA/Minority, Female, Disabled, Veteran

Axiom Bank is not seeking assistance or accepting unsolicited resumes from search firms for employment or contractor opportunities. Any resumes submitted without a valid contract will be considered the sole property of Axiom Bank and no fee will be paid.