Our Asset Management Analyst on the Private Label team will help support asset managers when clients are requesting reports and statements from loan packets. Additionally, you will be managing spread financials during quarterly cycles, pulling reports and boarding new loans into internal software, and timely correspondence with external stakeholders. Receive side by side training from multiple members of the FHA Asset Management team to subversive loans and adhere to HUD guidelines. If you’re eager to further your professional development in a fast-paced work environment, then APPLY TODAY!
In one year as Asset Management Analyst, you will know if you were successful if you…
- Service, maintain and troubleshoot assigned tasks related to Healthcare & Multifamily mortgage loans.
- Spread and analyze financial statements on Excel and/or the System of Record.
- Assist Asset Manager(s) with the onboarding of loans, escrows, and covenants.
- Support Asset Manager(s) in tracking of required financials from Borrowers.
- Provide clear, concise, and proactive communication to colleagues and clients when required.
- Assist in providing loan and escrow histories as requested by clients.
- Process replacement reserve and repair disbursement requests.
- Manage audit confirmations and audit information retrieval.
- Other ad-hoc requests as needed.
What we are looking for...
- Requires strong analytical skills for reviewing and analyzing financial statements.
- Ability to use Microsoft Office and Outlook. Strong preference for Excel.
- Strong written and verbal communication with colleagues and clients and the ability to work collaboratively.
- Background experience in commercial real estate is preferred.
- Requires strong problem-solving and detail-oriented skills.
- Strong project management skills to differentiate client inboxes.
- Bachelor’s degree preferred. An Associate’s degree, high school diploma or GED from an accredited institution accepted with 1 to 3 years of relevant professional work experience with an emphasis in financial analysis, general loan administration, and/or real estate development financial management.
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.
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