VP, Managing Director – Indirect Originations

🔥 17 hours ago

🌲 North Carolina – Remote

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💵 $175k - $225k / year

⏰ Full Time

🔴 Lead

👔 Director

🦅 H1B Visa Sponsor

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👻 Ghost score 1%

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Logo of Axos Bank

Axos Bank

1001 - 5000 employees

Founded 2000

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

Axos Bank is a financial institution offering a range of services including personal and business banking, commercial lending, and investment services. They provide checking and savings accounts, certificates of deposit, mortgages, personal loans, and auto loans. Axos Bank is known for digital banking solutions, including a mobile app that allows customers to manage their finances, make payments, and invest, all from one place. Axos Bank emphasizes advanced data protection for secure online banking and offers high-yield savings accounts and innovative financial tools.

📋 Description

• Buy all small (app only) and large ticket (full financial package) originations generated by third parties, including banks, non-banks, and captives • Direct deal buys from select banks with established or prospective funding relationships • Target transactions meeting Verdant risk-adjusted return requirements and predetermined credit parameters • Assist outside sales representatives in buying repetitive or opportunistic portfolios from vendor captives and independent finance companies • Support sourced deals, including onboarding funding partners, preparing credit write-ups, coordinating documentation with Operations, and handling funding items with Finance/Accounting • Represent Indirect Sales in the Chief Commercial Officer’s weekly MM meetings • Manage existing funder partnerships, including oversight of the Servicer Reporting Function • Engage and formalize new funding partner relationships with support from the Chief Commercial Officer • Achieve Verdant’s annual indirect sales target through small-ticket and large-ticket originations • Manage macro issue topics and opportunities for company consideration

🎯 Requirements

• Bachelor's Degree or equivalent experience in formal bank credit training program • Analytical skills • Strong leadership and communication skills • Strong credit background in equipment finance • At least 5 years combined of credit, sales, and/or capital markets in equipment finance • Leadership and supervision of Capital Markets functions including identification and set up of funding partner relationships, portfolio or individual app only buy processes, ability to present an underwriting of a large ticket transaction, understanding of pricing, and discounting including effect of residual dynamics • Successfully pass a credit check, criminal background check, and pre-employment drug screening, including screening for marijuana • Employment eligibility verification through the U.S. Department of Homeland Security E-Verify program

🏖️ Benefits

• Medical, Dental, Vision, and Life Insurance • Paid Sick Leave • 3 weeks’ Vacation • Holidays (about 11 a year) • HSA or FSA account • 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

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