Mortgage Risk Analyst Jobs in California (NOW HIRING)

Axos Bank

Target Range:

$25.00/Hr. - $30.00/Hr.

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: 12.5%Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5%

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

About This Job

The Construction Risk Analyst I supports the Office of the CCO in analyzing and monitoring credit risk associated with construction and development lending. Responsibilities include reviewing construction draw requests, monitoring project completion timelines, assessing collateral and budget-to-complete status, preparing construction risk reports, and supporting due diligence on new construction credit exposures.
The role assists senior analysts and management in identifying early warning indicators and ensuring construction credits are administered in compliance with internal policy and regulatory requirements.

Responsibilities:

• Conduct comprehensive Construction Draw Analysis, collection of Construction/Project related documents. Routine monitoring of commercial credits by way of covenant tracking, servicing borrower inquires, and facilitating the gathering of essential portfolio data is essential

• Assist in the development and execution of monitoring policies and procedures to manage credit risk effectively and efficiently

• Understand the credit culture and risk tolerance as outlined by senior management and the Board, and proactively identify and mitigate potential threats against the safety and soundness of the loan portfolio

• Draft decision recommendations based on project progress, budget adherence, and lien releases. Monitor construction progress reports, identifying potential delays or risks. Coordinate with borrowers, contractors, and internal stakeholders to resolve draw-related issues

• Ensure adherence to bank policies, regulatory requirements, and funding conditions. Maintain accurate records and documentation of all draw requests and approvals

• Review and understand basic aspects of construction and construction documents to apply towards your review an analysis of a construction draw package
  

Qualification:

• Bachelor's degree in finance required, Experience in Real Estate, Civil Engineering, Construction Management, Business Administration, or related field preferred

• 0-2 years of experience in construction lending, construction risk analysis, or commercial real estate credit

• Internship or entry-level experience in banking, real estate finance, or construction management preferred

• Exposure to construction draw management, inspection reports, or real estate appraisals a plus

• Basic real estate financial analysis and project valuation knowledge

• Microsoft Office proficiency (Excel required)

• Strong attention to detail and analytical thinking

• Effective written communication for report preparation

• Ability to collaborate across underwriting, credit, and operations teams

• Foundational understanding of construction lending and draw request processes is a plus

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)