What are the responsibilities and job description for the Consumer Audit Analyst position at Axos Bank?
Axos Bank
Target Range :
20.00 / Hr. - $24.00 / 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 : 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 Consumer Audit Analyst is responsible for conducting audits of consumer banking operations to ensure compliance with regulatory requirements, internal policies, and industry best practices. This role involves analyzing financial data, assessing risk management processes, and providing recommendations to enhance operational efficiency and effectiveness. You will support the Credit Department by providing analyst assistance with various external and internal audits including audit preparation, supporting business units with updates to process and procedures, and assisting in the closure of any identified issues.
Responsibilities :
- Conduct comprehensive audits of consumer banking operations, including loans, deposits, and customer service processes
- Evaluate the effectiveness of internal controls and risk management practices
- Analyze financial data and transaction records to identify discrepancies, trends, and potential areas of concern
- Prepare detailed audit reports with findings, conclusions, and actionable recommendations
- Lead review and updates to guidelines, process maps, and procedure documents related to audit recommendations
- Support audit remediation for Credit in conjunction with various external and internal audit entities
- Support audit liaison leader in maintaining communication channels with various Business Units in support of audits and regulatory requests
- Drive enhanced controls and identify opportunities for improvement to ensure business process accuracy
- Perform basic credit analysis - may include writing loan reviews, analyzing operating statements, recommending risk ratings
- Analyzing Commercial Lending collateral across an array of collateral types (land, multifamily, condos, office, hotels, SFR, etc.)
- Analyzes financial data to determine customers' financial status and the expected profitability of commercial loans; recommends approval or denial of loan applications
- Making process improvement and action recommendations researched and supported by data and key metrics
- Collaborate with various departments to ensure timely implementation of audit recommendations
- Stay updated on regulatory changes and industry developments affecting consumer banking
- Assist in the development and maintenance of audit programs and procedures
- Participate in special projects and investigations as needed
Qualifications :
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.
Salary : $20 - $24
