Asset Management Analyst, GSE

Merchants Capital; BLOOMINGTON (MN); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

401(k) contributions

ESOP

Health insurance

Paid time off

HSA/FSAs

Life insurance

Telehealth

Job summary

Merchants Capital in Bloomington, MN is seeking an Asset Management Analyst to support the day-to-day asset management of a loan portfolio and ensure compliance and regulatory requirements are met. You will provide loan administration support to the asset managers to help assess portfolio performance and risk.

The role requires a basic understanding of loan portfolio management and multifamily mortgage banking, with strong problem solving, organization and communication skills, and proficiency

Qualifications

• Basic understanding of loan portfolio management.
• Basic understanding of multifamily mortgage banking.
• 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.

Responsibilities

• Assist Asset Managers in day-to-day asset management of a portfolio of loans.
• Provide loan administration support for the asset managers to ensure compliance and regulatory requirements are met and overall portfolio performance and risk assessment.

Skills

Loan portfolio management

Problem solving

Attention to detail

Communication

Team player

Time management

Microsoft Office

Education

Bachelor’s degree preferred

Tools

Microsoft Office

Job description

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.

Job Type

Full-time

Requirements

• 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.

Pay Range

The total compensation pay range for new hires in Bloomington, MN is $60,000 - $70,000 annually. This range includes a base pay, plus an annual discretionary bonus. The amount of any actual bonus may vary and is subject to individual and company performance. Please note that the pay range provided is a good faith estimate of total compensation for the position at the time of posting. Actual total compensation will be dependent on factors, including but not limited to, the individual’s qualifications, experience, knowledge, skills, and abilities.

Our Benefits

Merchants offers a comprehensive package of benefits for eligible employees, including, but not limited to:

• 401(k) employer contributions
• employee stock ownership plan (ESOP)
• medical, dental and vision insurance
• various types of leaves of absence, including paid time off, paid holidays, paid leave as provided under state and local paid leave laws, and short-term and long-term disability
• health savings accounts (HSAs), flexible spending accounts (FSAs), dependent care and commuter reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance
• telehealth, optional ancillary insurance policies, education assistance, and an employee assistance program

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.

Notice of AI Use in Job Application Review

As part of our commitment in creating a fair, efficient, and consistent hiring process we may use artificial intelligence (AI) to help our recruiting teams organize, summarize, and analyze information provided by candidates, including resumes, application responses, and other materials submitted during the application process. AI may be used to identify patterns, highlight relevant skills, and experience, and assist in comparing a candidate’s qualifications with the requirement of a specific role. These tools are to improve efficiency and consistency while supporting more informed hiring decisions, which will ultimately be made by the hiring team.