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Payroll and Benefits Specialist

Axos Bank

Target Range:

$68,640.00/Yr. - $70,000.00/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 Payroll & Benefits Specialist is an individual who enjoys working in a fast-paced environment while performing a variety of duties. This position reports to Finance & Accounting and will be responsible for daily activities for Benefits and Payroll administration. 

Responsibilities:

  • Monitor new hire enrollments, life events, and other benefit related transactions in Workday
  • Facilitate New Hire Office Hours and be point of contact for weekly new hires
  • Prepare bi-weekly payment schedule for employees on leave of absence
  • Calculate missed benefit deductions and manage collection process for employees on leave
  • Perform customer service functions by answering payroll and benefits support tickets
  • Respond to manager and employee requests/questions including claims assistance with third party vendors
  • Perform benefit invoice reconciliations for each benefit carrier monthly and ensure payroll deductions are properly deducted
  • Assist with annual open enrollment process for all entities
  • Process file submissions for 401k, HSA, FSA and 529 plans biweekly
  • Process various tasks associated with bi-weekly and monthly payroll processing for multiple entities
  • Process final checks for separating employees
  • Prepare standard and ad-hoc reports from Workday
  • Participate in special projects as assigned

Qualifications:

  • Bachelor’s degree, a qualifying benefits certification, or equivalent work experience 
  • 2+ years of experience using an HCM database as a practitioner
  • 2+ years of benefits administration experience
  • Familiar with 401(k), FSA, HSA, COBRA administration
  • Must be detail-oriented with strong organizational skills and have flexibility in working in a fast-paced team environment
  • Strong written/verbal communication (employee communications and presentations)
  • Proficient in Microsoft office
  • Custom Reporting experience in HCM system a plus

Axos Employee Benefits May Include:

  • Medical, Dental, Vision, and Life Insurance

  • Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)

  • HSA or FSA account and other voluntary benefits

  • 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan

  • Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading

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.

Average salary estimate

$69320 / YEARLY (est.)
min
max
$68640K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

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Full-time, onsite
DATE POSTED
September 10, 2025
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