What are the responsibilities and job description for the Closing Analyst position at Merchants Capital Corporation?
Description
On a typical day, our Multifamily Closing Analyst provides support to our Investment Real Estate Underwriters. Support includes everything from kick-off calls with our clients all the way through to closing. You will help coordinate due diligence documents, answer client questions as they arise, and update all internal reporting systems. Do you want to join a team where you can experience the creativity and flexibility of a small lender, with all the capabilities of a large institution? If yes, then apply TODAY!
Requirements
In one year as a Multifamily Closing Analyst, you will know you were successful if you…
- Order, track, & maintain 3rd party reports.
- Request, retrieve, and track due diligence documents from the client.
- Effectively communicated with third party vendors, borrowers, counsel, and internal personnel.
- Able to multitask, prioritize and keep projects on strict timelines to meet appropriate benchmarks and approvals to close the loans on time.
- Became the expert for all applicable loan policies and procedures both internally and required by federal banking requirements
- Submit and track insurance reviews with internal staff to ensure compliance with Bank requirements.
What we are looking for…
- Minimum of a high school diploma or GED from an accredited institution, a bachelor’s degree is preferred. 2 years of relevant professional work experience with an emphasis in financial analysis, general loan administration, and/or real estate development financial management will be accepted in lieu of a degree.
- Strong analytical skills for reviewing and analyzing financial statements.
- Intermediate experience with all Microsoft products including Word, Excel, and Outlook.
- Strong time management and organizational skills and a details approach to completing daily tasks.
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.
