Portfolio Analyst - Business Lending at Merchants Bank of Indiana

Carmel, Indiana, United States -

Full Time

Start Date

Immediate

Expiry Date

11 Jun, 26

Salary

0.0

Posted On

13 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Portfolio Management, Business Lending, Loan Management, Underwriting, Risk Rating, Cash Flow Analysis, Financial Statement Spreading, Loan Renewals, Loan Modifications, MS Excel, MS Word, MS Outlook, Attention To Detail, Organizational Skills, Problem Solving, Communication Skills

Industry

Banking

Description

Description As a Portfolio Analyst within the Business Lending team, you would be responsible for assisting in the day-to-day management of the Business Lending Loan Portfolio. In this role, you would be required to manage all aspects of the lending portfolio, which includes managing past due loans, underwriting loan renewals and being a point of contact for our clients and Relationship Managers. The Portfolio Analyst works with the Portfolio Manager to ensure the loan portfolio is performing, and to identify warning signals in advance of loans that fail to perform. In addition, you will assist with creation of reporting for senior management about portfolio metrics and performance. After one year as our Portfolio Analyst, you will know you were successful if you are able to handle the following confidently and independently. Assist with maintaining, and troubleshooting a portfolio of Business Banking, Commercial, and SBA Loans Monitor the portfolio and identify any potential red flags with loans before they become troubled assets Spread financial statements, complete cash flow analysis, and prepare risk ratings on assigned relationships. Complete underwriting of assigned loan modification requests for SBA and conventional loans. Assist Portfolio Manager with loan renewals and modifications in a timely manner; track the maturing loans report to ensure loans are renewed or extended before maturity date Provide updates to Chief Credit Officer and Senior Credit Officer as needed Back up assistance to the New Money Underwriting team in times of high volume Work as a team player and be considerate of customers, co-workers, and vendors Interact with clients and Account Officers regarding renewals, payments, and collection of financial statements Facilitate submission of files and other documents requested for audits and reviews Other duties as determined to ensure the portfolio is being tracked and monitored in an efficient and timely manner Requirements What we are looking for... Prior portfolio management experience for Business Banking or Commercial lending preferred Knowledge of SBA and various governmental agencies reporting requirements and regulations preferred Proficiency using MS Excel, Word, and Outlook required Strong attention to detail a must along with organizational skills required. Able to work under pressure and meet deadlines Requires problem solving skills as well as the initiative to troubleshoot and find resolutions Strong verbal and written communication skills needed About Merchants Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31, 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. Merchants Bank and Merchants Capital have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500-999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016–2022). For more information read the entire article here.

Responsibilities

The Portfolio Analyst assists in the daily management of the Business Lending Loan Portfolio, handling past due loans, underwriting renewals, and serving as a client contact. This role involves monitoring portfolio performance, identifying warning signals, and creating performance reports for senior management.