What are the responsibilities and job description for the Asset Management Analyst position at Merchants Capital Corporation?
Description
The Asset Management Analyst will assist the Asset Managers in the day-to-day asset management of a portfolio of loans. This position will provide loan administration support for the Asset Managers to ensure compliance and regulatory requirements are met and overall portfolio performance.
Success in this position will encompass exemplary external and internal customer service while performing and maintaining timely, accurate financial transactions and records associated with the portfolio.
Requirements
- Service, maintain and troubleshoot assigned tasks related to multifamily mortgage loans.
- Input and maintain data using various mortgage software.
- Assist with collection and spreading of operating statements and rent rolls to help assess risk.
- Manage audit confirmations and audit information retrieval.
- File and maintain necessary online and hardcopy forms related to loan compliance.
- Support Asset Managers’ interactions with Agency regarding compliance/procedural issues.
- Process replacement reserve and repair disbursement requests.
- Other projects as assigned.
Expected Experience, Skills and Education:
- Two years’ role-related experience preferred such as loan administration and/or property management.
- Basic understanding of loan portfolio management desired.
- Basic understanding of multifamily mortgage banking desired.
- Requires problem solving skills as well as the initiative to troubleshoot and find resolutions.
- Must demonstrate the ability to identify, interpret and apply applicable guidelines in managing assigned processes.
- Must possess strong organization and communication skills with a focus on accuracy and attention to detail.
- Requires proficiency in using basic computer software such as Microsoft Office, specifically regarding Outlook, Word and Excel.
- Must demonstrate the ability to successfully manage the demands of multiple deadlines while working as a team player with consideration for customers, co-workers and vendors.
- Bachelor’s degree from an accredited institution preferred; high school diploma or GED from an accredited institution required.
ABOUT MERCHANTS CAPITAL
With over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multifamily housing nationwide. Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, in addition to our bank’s balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful and impactful ways. Recognized as a top five affordable lender, Merchants Capital pairs our comprehensive debt offerings with in-house tax credit equity to provide a one-stop-shop for developers and owners. To learn more about Merchants Capital, visit www.merchantscapital.com.
