What are the responsibilities and job description for the Asset Management Analyst - Multifamily position at Merchants Capital?
Description :
The Asset Management Analyst - Multifamily is responsible for providing broad analytical, administrative, and database support to the Asset Management team. This role will provide the Asset Management Analyst with exposure to various types of real estate loan products and Asset Management procedures critical to a successful career in real estate Asset Management. Main responsibilities include the spread and review of financial statements through the proficient use of Excel and other required programs and the on-boarding of loans ensuring that loan terms and conditions are correctly input into Merchants Capital's System of Record. The Asset Management Analyst is an individual contributor role with some client-facing communication responsibilities.
This position is in-office at our Carmel, IN Headquarters.
In one year as an Asset Management Analyst, you will know you were successful if you...
- Spread and analyze financial statements with the use of software and / or the System of Record.
- Assist Asset Manager(s) with the onboarding of loans, escrows, and covenants.
- Support Asset Manager(s) in the tracking of required financials from Borrowers & Guarantors.
- Provide clear and concise communication to colleagues and clients when required.
- Maintain and distribute monthly portfolio billings and all other aspects of billing.
- Assist in providing loan and escrow histories as requested by clients.
- Input of disbursement requests from assigned escrows.
- Maintain and analyze lease-up tracking.
- Work closely with Tax and Insurance on Tax and Insurance Issues.
- Keep Reports Updated with updated data.
- Gather documentation for required audits.
- Complete start to finish the payoff process of a loan.
- Request legal documents from counsel.
- Other ad-hoc requests as needed.
Requirements :
What we're looking for...
With over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multi-family 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.
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