Equity Asset Manager: Growth & LIHTC Strategy

Merchants Capital Corporation; Carmel (IN); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

401(k) employer contributions

Employee stock ownership plan (ESOP)

Medical, dental and vision insurance

Leaves of absence including PTO/paid H

Job summary

Merchants Capital, Carmel, IN, is seeking an Asset Manager, Equity to support their Asset Management team with analytical, administrative, and broader LIHTC syndication responsibilities. The role emphasizes financial analysis, reporting, risk assessment, and maintaining strong relationships with partners and lenders.

The candidate should have 1–3 years of relevant experience and a bachelor’s degree, with proficiency in MRI Solutions and MS Office.

Qualifications

• Requires strong analytical skills for reviewing and analyzing financial statements.
• Requires the ability to use Microsoft Office & Outlook.
• Requires strong written and verbal communication with colleagues and clients and the ability to work collaboratively.
• Requires excellent time management and organizational skills and a detailed approach to completing daily tasks.

Responsibilities

• Review and analyze property operations to evaluate performance and risk factors.
• Prepare quarterly investor reports and risk ratings based on review of financial statements, updated projections, and status reports.
• Proactively identify under-performing assets or property concerns and implement workout strategies to maximize value.
• Monitor construction and lease-up progress through the collection of construction draws, inspection reports, rent rolls and qualified occupancy reports.
• Collect and analyze audited financial statements and tax returns and benchmark against initial projections.
• Oversee stabilization and loan conversion.
• Maintain post-closing financial models.
• Evaluate management companies’ experience, marketing plans, and compliance strategies prior to closing.
• Develop and maintain strong relationships with general partners, lender representatives, management agents and local officials.
• Ensure properties are in compliance with the LIHTC program and engage third party compliance when necessary.
• Facilitate the release of capital contributions.
• Conduct annual property site inspections.
• Provide clear and concise communication to colleagues and clients when required.

Skills

Analytical skills

MS Office

Written communication

Time management

Education

Bachelor's degree

Tools

MRI Solutions

Job description

Merchants Capital, Carmel, IN, is seeking an Asset Manager, Equity to support their Asset Management team with analytical, administrative, and broader LIHTC syndication responsibilities. The role emphasizes financial analysis, reporting, risk assessment, and maintaining strong relationships with partners and lenders.

The candidate should have 1–3 years of relevant experience and a bachelor’s degree, with proficiency in MRI Solutions and MS Office.