Summary: The Asset Management Intern is responsible for supporting the Asset Management department in completing various projects including financial statement spreading, data management, reviewing 3rd party reports to update servicing systems, and other tasks as assigned. All work will be performed under the close direction of the Asset Management Manager, and/or other members of the Asset Management team. 

Expected Outcomes: A successful Asset Management intern will apply knowledge gained from coursework in a real-world professional setting and end the internship with a better understanding of the processes and procedures within the asset management department of a multifamily real estate company. 

Essential Duties and Responsibilities:

• Spreading operating/financial statements and entering into servicing system.
• Asset with watchlist and risk rating project.
• Reviewing Appraisals and Environmental reports to update servicing system.
• Assist with various data cleanup and data management projects.
• Assist with insurance cleanup.
• Other tasks as assigned.
• Participate in professional development with other intern peers as part of the overall internship program.

• High school diploma or GED from an accredited institution required. Actively pursuing a degree in Finance, Accounting or Real Estate preferred. 
• Ability to take instructions, ask clarifying questions and use good judgment in executing instructions.
• Ability to work independently from supervision and discern appropriate times to seek direction.
• Ability to perform detailed work and demonstrate successful focus on detailed accuracy.
• Ability to demonstrate organizational skills and prioritize tasks and projects.
• Ability to work in a professional manner including communication, presentation, confidentiality, personal conduct, and general work ethic.
• Ability to successfully communicate in both verbal and written forms.

All employees are expected to contribute to the overall success of the organization by performing requested duties regardless of explicit inclusion in the job description or reasonable relation to an employee’s primary role. Additionally, all employees must understand and adhere to all federal and state laws and banking regulations and company policies and procedures applicable to assigned job responsibilities, including compliance as appropriate under the Bank Secrecy Act and Anti-Money Laundering regulations.

Additionally, all employees are expected to demonstrate the following Core Competencies:

Professionalism – acting with responsibility, integrity and accountability; demonstrating consistent trustworthiness and reliability; always remaining flexible, adaptable and willing to accept coaching; building and managing professionally healthy relationships; deliberately managing career decisions; and continually developing awareness of business-related topics.

Communication – understanding various active and passive tools and styles and their effects; and exhibiting appropriate, effective, timely use of tools and styles to connect, collaborate, facilitate teamwork and serve customers.

Work Quality – demonstrating an ongoing commitment to compliance, safety and security; executing work with efficiency, a sense of urgency and attention to detail; and displaying organized work practices and a results-oriented mindset.

Analytical Ability – navigating work-related circumstances with practical, sound reasoning; and demonstrating creativity in problem solving.

Leadership – displaying good judgment and certainty in decision making; taking initiative with job-related demands; demonstrating innovative thinking and sound planning with business practices; managing individual performance toward shared organizational goals; and thinking strategically to set and accomplish goals.

Merchants Bancorp and its affiliates and subsidiaries are committed to being equal opportunity employers. All job candidates and incumbents will be assessed based on only criteria relevant to successfully performing the job as defined in this job description and as generally accepted in the job’s relevant industries.