As a Construction Loan Analyst, you will maintain and process data within Excel and internal software for loan portfolios. Working within the Construction Asset Management team, you will ensure timely funding to participants and draws when they are ready to be processed. If you’re self-motivated and enjoy working in a fast-paced environment where every loan is structured differently, then apply TODAY! 

After one year as a Construction Loan Analyst, you will know you were successful if you…

• Set up and administer an assigned portfolio of construction loans, escrows, budgets and draws.
• Provide excellent customer service to clients who utilize Merchants’ construction loan services.
• Oversee processing of change orders and escrow requests in adherence to regulatory guidelines.
• Create, maintain and distribute monthly billings for portfolio of construction loans.
• Process and fund final draw/conversion-to-permanent closing per regulatory guidelines.
• Ensure ongoing loan balancing by monitoring and managing loan changes.
• 90% of time will be spent on routine, transactional work. 
• 10% of time will be spent executing strategy using experience and judgement. 
• Responsible for medium-to-long-term recurring tasks. 
• Responsible for meeting well-defined demands with direct supervision from senior leaders.
• Not required to develop others. 
• Typical scope of interactions will be exchanging basic technical information with colleagues, clients, and customers.

What we are looking for…

• Minimum of high school diploma or GED from an accredited institution is required.
• Requires an organized, detail-oriented approach to work balanced with a personable demeanor effective at delivering high-quality client experiences.
• Minimum of 1-2 years of professional work experience preferred with an emphasis on construction loan administration, banking/general loan administration and/or real estate development financial management.
• Excellent written and verbal communication skills with an ability to actively listen and respond appropriately.
• Requires solid math skills such as multiplying, dividing and basic ideas for calculating loan-related amounts.
• Candidate must have an understanding and the ability to use Excel to maintain spreadsheets, utilize existing macros, and manage data.
• Requires successfully demonstrated problem-solving skills with a self-start mentality that responds well to work pressure and urgent deadlines.

Merchants Capital was established in August of 1990 as a mortgage banking firm specializing in multifamily housing and health care facilities finance. With extensive experience in these types of finance, the company is a premier provider and servicer of Multifamily, Affordable, Healthcare, and Student Housing. Our mission is simple: to provide the best origination and service of our loan and investment products with exceptional customer service, accuracy, creativity, speed, and conformance to regulations.

Merchants Capital Corp. (MCC) launched its LIHTC equity syndicator in 2020 and as of year-end 2021 had raised $248 million in equity. As a lender, MCC has also originated and closed more than $30 billion+ in financing and now services more than $18 billion+. MCC’s primary source of funding is the secondary market of federally chartered agencies and the federal government and tax credit equity investors. 

PM20 #CL