Credit Risk Associate Jobs in San Diego, CA (NOW HIRING)

Axos Bank

Target Range:

$75,000.00/Yr. - $87,500.00/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: 10%Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 10%

These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job

The Sr. Portfolio Associate is responsible for active portfolio management and servicing of a commercial real estate loan portfolio within Income Property Lending. The role focuses on maintaining asset quality, mitigating risk, and supporting borrowers through the full lifecycle of post-origination loan activity, including financial monitoring, loan reviews, modifications, and servicing execution. Requires strong analytical judgment, knowledge of lending structures, and the ability to independently manage competing priorities in a fast-paced environment while ensuring compliance with internal credit policies and regulatory requirements.

Responsibilities:

• Manage a portfolio of commercial real estate loans, including multifamily, mixed-use, and hospitality assets, ensuring ongoing asset performance and proactive risk mitigation
• Conduct quarterly loan reviews, including analysis of borrower financials, collateral performance, DSCR, LTV, and overall credit trends; assign and recommend appropriate risk ratings
• Monitor and enforce post-funding covenants, holdbacks, and financial reporting requirements, ensuring timely borrower compliance
• Analyze property and borrower financial statements and perform financial spreads to evaluate cash flow, asset performance, and global repayment capacity
• Process and underwrite borrower requests, including:
  • Loan modifications and extensions
  • Payoff demands and loan payoffs
  • Partial releases of collateral and title transfers
  • Impound releases and insurance claim disbursements
• Coordinate collection of borrower financials through outreach campaigns and ongoing servicing touchpoints
• Partner cross-functionally with Loan Servicing, Credit Analytics, Legal, Special Assets, and Relationship Managers to resolve issues and execute transactions
• Identify deteriorating credits and escalate potential problem loans; support loss mitigation strategies and asset recovery efforts
• Prepare recurring and ad hoc portfolio reporting, including trend analysis, risk reporting, and performance metrics
• Mentor and train junior analysts on financial analysis, portfolio management processes, and credit fundamentals

Qualifications:

• Bachelor's degree (preferably in Finance, Real Estate, Accounting, or a related field)
• 3-5+ years of experience in commercial real estate lending, portfolio management, underwriting, or loan servicing
• Strong understanding of CRE credit metrics and structures (DSCR, LTV, NOI, global cash flow analysis)
• Experience with loan servicing processes including modifications, covenant compliance, payoffs, and collateral releases
• Ability to analyze financial statements and assess credit risk independently
• Strong organizational skills with the ability to manage a high volume of loans and deadlines
• Excellent communication skills with experience interacting with borrowers and internal stakeholders
• Detail-oriented with a strong focus on accuracy, compliance, and documentation

Axos Employee Benefits May Include:

About Axos

Born 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 Axos

Pre-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.

E-Verify and Right to Work Notices

Axos participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States. The E-Verify program is an internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

IER Right to Work Poster (English/Spanish)

E-Verify Participation Poster (English/Spanish)