No, thank you. - Deposit Operation Specialist Axos Bank Employee Review

1.0
20 Nov 2022
Recommend
CEO approval
Business outlook

Pros

There are no pros to working where I worked at Axos.

Cons

Poor management, deceptive compensation packages, mandatory overtime, poor training, no breaks. This company is the worst I have ever worked for. First, the DepOps department provides little to no training and expect employees to sink or swim. Then supervisors will berate you in front of the rest of the staff for not knowing how to do something that you have no training on. Upper management knows about this and does nothing. Then they steal your breaks. They say, "we want you to take your breaks," but then pile on time sensitive tasks that have you unable to leave your desk until past your 6th hour, then management will adjust your time cars, sometimes without your consent. If you try to enforce your boundaries, you are treated like an outsider and will have every aspect of you nitpicked until you fall in-line or they can fire you. Upper management knows about this and does nothing. Each raise or promotion will be, "considered at your next review..." Even if you work 12 hour days with non-regulation breaks. Unprofessional and toxic work environment and culture up and down. I could go on and on. Bottom line, I would not recommend this company but especially this department.

avatar
Axos Bank Response
3y
Manual wire processing is tedious and quick-paced, requiring extraordinary attention to detail with hard deadlines. We are a driven team with experienced and thoughtful leaders. Team Members are paid exactly as we disclose in their offer letter or better. Overtime can be required based on business needs. Extensive one-on-one training is provided by the supervisor, along with extensive coaching in your first weeks. Our managers will correct a time card at the Team Member’s request if they forgot to clock in or out. We provide the resources to win, but the individual has to bring the grit and work ethic. We do not condone treating someone poorly, though we are very direct and uncompromising when it comes to performance expectations.

Explore other reviews about Axos Bank

5.0
14 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

• Realistic goals • Cutting-edge technology that speeds up the work • Solid career progression opportunities • Smart colleagues • Great compensation and generous benefits

Cons

No. At this point, I couldn’t ask for anything more.

avatar
Axos Bank Response
5d
Thank you for the great feedback and we’re glad to hear the goals, technology, and team are making a positive impact on your experience. It’s great to know you’re seeing growth opportunities and value in our compensation and benefits. We appreciate you being part of Axos!
1.0
22 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Only pro here is that certain roles will let you operate above your title, e.g. exposure to sides of the job reserved for senior roles at other firms. 15 days PTO to start is actually not terrible either. Great coworkers depending on your team.

Cons

Too many to list here, but will try. Main issue here is the top-down culture of fear and internal politics, as the entire bank is at the whim of one person. Managers are exclusively concerned with looking good in front of the CEO, and even top SVPs are terrified to be honest with him. SVPs routinely complain about not being able to get comp raises for employees, while simultaneously being terrified to ask. Do not expect your manager to go to bat for you if it in any way involves being assertive. If you want to work for a borderline alt-right CEO who belittles employees openly, this is your spot. The only people that thrive here are those who have never worked elsewhere and do not know what a real company looks like. Looking forward to the HR denial response here too. Some other cons: - Zero WFH allowed - Below market compensation across all roles - Stock bonus vesting schedule that take 4 years to fully vest

4
avatar
Axos Bank Response
2w
Axos is a performance-driven environment with a clear expectation of accountability, transparency, and results at every level. Leaders are expected to advocate for those who are performing on their teams, have direct conversations, and drive outcomes. Many employees thrive in this environment because it provides meaningful responsibility, exposure to leadership, and the opportunity to contribute beyond a narrowly defined role. Compensation and rewards are managed through structured processes aligned to market data, business performance, and individual contribution. Equity programs are designed to promote long-term alignment and retention, which is standard practice across the industry. Our onsite model is intentional and supports collaboration, speed of decision-making, and execution, key differentiators for our business. While that model may not be the right fit for everyone, it is clearly communicated and consistently applied. We continue to focus on attracting and retaining high-performing talent who are motivated by impact, ownership, and the opportunity to build in a fast-paced environment.
See reviews by: Helpful|Rating|Date|All