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VP, Portfolio Manager - Asset-Based Lending | San Diego, CA, USA

VP, Portfolio Manager - Asset-Based LendingAxos BankTarget Range:$125,000.00/Yr. - $175,000.00/Yr.Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.Eligible for an Annual Discretionary Cash Bonus Target: 20%Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 20%These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.About This JobThe VP, Portfolio Manager - Asset-Based Lending will manage and provide daily oversight of the various Asset-Based Lending (ABL) groups and their respective Portfolio Management teams - focusing on continuous monitoring of the Bank's performing loan portfolio. Manage all department functions, including, but not limited to, monitoring concentration limits, oversight and development of junior analysts, and curating information for compliance reporting.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 requirementsRequirements:• Bachelor's degree• 10+ years in a financial institution• 5+ years in a transactional role• Asset-based lendingAxos Employee Benefits May Include:• 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 TradingAbout AxosBorn digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We're a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).Learn more about working at AxosPre-Employment Background Check and Drug Test:All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.Equal Employment Opportunity:Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.Job Functions and Work Environment:While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

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What You Should Know About VP, Portfolio Manager - Asset-Based Lending | San Diego, CA, USA, Axos Bank

Join Axos Bank in sunny San Diego as a VP, Portfolio Manager - Asset-Based Lending and take your career to the next level! In this engaging role, you'll oversee various ABL groups while ensuring our bank’s performing loan portfolio is in tip-top shape. Your day-to-day will involve monitoring concentration limits, managing the overall department functions, and providing mentorship to our junior analysts. We all know numbers tell stories, and you’ll be the storyteller managing borrowing base calculations and ensuring compliance with both internal and external regulations. What's more, you’ll be connecting with both internal and external stakeholders, making your communication skills as vital as your analytical prowess. As a leader in this high-performing organization, you’ll inspire your team, set clear expectations, and recognize their fantastic work. Your experience in financial institutions combined with a knack for asset-based lending will make you a valuable addition to our dynamic team. With a robust benefits package including health insurance, generous vacation time, and a solid retirement saving plan, you can focus on your professional growth without sacrificing personal wellness. Ready to be part of a team that values innovation and collaboration? Axos Bank is thrilled to meet you!

Frequently Asked Questions (FAQs) for VP, Portfolio Manager - Asset-Based Lending | San Diego, CA, USA Role at Axos Bank
What are the responsibilities of a VP, Portfolio Manager - Asset-Based Lending at Axos Bank?

As the VP, Portfolio Manager - Asset-Based Lending at Axos Bank, your primary responsibilities include managing and overseeing the ABL groups’ daily operations, monitoring the bank's performing loan portfolio, and ensuring compliance with concentration limits. You’ll also handle the analysis of data for reporting, mentor junior analysts, and maintain communication with stakeholders to support the overall success of the department.

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What qualifications are required for the VP, Portfolio Manager - Asset-Based Lending position at Axos Bank?

To qualify for the VP, Portfolio Manager - Asset-Based Lending position at Axos Bank, candidates should hold a Bachelor's degree and have at least 10 years of experience in a financial institution, with 5 years specifically in a transactional role related to asset-based lending. This combination of education and hands-on experience is crucial for navigating the complexities of the role effectively.

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What skill set is essential for a successful VP, Portfolio Manager - Asset-Based Lending at Axos Bank?

A successful VP, Portfolio Manager - Asset-Based Lending at Axos Bank must exhibit strong analytical skills to assess financial data accurately, exceptional communication capabilities for effective stakeholder management, and the ability to lead a team successfully. Familiarity with compliance regulations and risk management strategies in finance is also essential to thrive in this role.

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How does Axos Bank support the professional development of their VP, Portfolio Manager - Asset-Based Lending?

Axos Bank is committed to the professional growth of its employees, including the VP, Portfolio Manager - Asset-Based Lending. Opportunities such as mentorship programs, performance reviews, and further training allow you to enhance your skills and advance in your career within the organization, ensuring a fulfilling development pathway.

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What is the work environment like for a VP, Portfolio Manager - Asset-Based Lending at Axos Bank?

The work environment for the VP, Portfolio Manager - Asset-Based Lending at Axos Bank is dynamic and collaborative, situated in a modern office in San Diego. While the position requires sitting for extended periods, Axos Bank emphasizes a balanced work culture that respects health and wellness and encourages engagement with team members across various departments.

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Common Interview Questions for VP, Portfolio Manager - Asset-Based Lending | San Diego, CA, USA
Can you describe your experience with asset-based lending and how it relates to the VP, Portfolio Manager position?

Highlight specific examples from your past roles, mentioning key projects, your understanding of asset valuation, and your ability to manage portfolios. Emphasize how these experiences align with the responsibilities of the VP role in contributing to effective portfolio management.

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What strategies do you use to ensure compliance with financial regulations?

Discuss your approach to compliance, including staying updated on regulatory changes, conducting regular audits, and implementing monitoring processes. Sharing tangible results from your strategies can demonstrate your effectiveness in maintaining compliance.

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How do you manage team dynamics effectively?

Highlight your leadership style, including how you foster collaboration, set clear goals, and motivate team members. Providing examples of challenges you've navigated and your approach to resolving conflicts can showcase your managerial skills.

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What tools and technologies do you use for portfolio management?

Discuss specific software and analysis tools you’re familiar with and how they enhance your portfolio management efforts. Being knowledgeable about the latest technologies in asset-based lending can indicate your readiness to leverage these for Axos Bank.

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How do you assess the creditworthiness of a borrower?

Outline the factors you consider when evaluating borrower creditworthiness, such as financial statements, credit history, and industry analysis. This indicates your analytical skills and understanding of risk management essential for the VP role.

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Can you share a successful project you led in asset-based lending?

Be specific about the project, detailing your role, objectives, challenges faced, and outcomes. Highlight your leadership skills and ability to drive results, linking the success to the skills needed for the VP position at Axos Bank.

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How do you balance risk and return in portfolio management?

Discuss your philosophy on managing risk versus return using data to inform decisions. Share methodologies you use for risk assessment and how they align with Axos Bank’s approach to asset-based lending.

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What role do you believe communication plays in portfolio management?

Emphasize the importance of clear and ongoing communication with stakeholders and between team members. Providing examples of how effective communication has led to successful outcomes in previous positions can reinforce your point.

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How do you approach mentoring junior analysts?

Discuss your strategy for mentoring, focusing on providing constructive feedback, growing careers through skill development, and encouraging strong performance. Sharing successful mentorship experiences can illustrate your capabilities in this area.

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What do you consider the biggest challenges facing the asset-based lending market today?

Provide insights into current market trends and challenges, such as economic conditions, interest rates, or regulatory changes. Your ability to articulate these challenges can demonstrate your deep understanding of the sector.

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We challenge the status quo by liberating you from the constraints of traditional banking. With technology-driven financial services that evolve to meet your needs, we help you stay ahead in life and business.

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March 21, 2025

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