Asset Management Analyst

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 and risk assessment.  

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 and submission of operating statements and rent rolls to help assess risk.
• Provide audit confirmations for borrower as requested.
• Assist with gathering audit information for internal and external audits.
• File and maintain necessary online and hardcopy forms related to loan compliance.
• Support asset managers’ interactions with Agency regarding compliance/procedural issues.
• Assist with collection of annual certifications required by loan covenants.
• Review inspections, assist asset manager with deferred maintenance follow up, and submit inspections to various agencies as required.
• Review and process replacement reserve disbursement requests.

Expected Experience, Skills and Education:

• 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.