Sponsor Credit Review Analyst at Merchants Capital Corporation

Carmel, Indiana, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Jul, 26

Salary

0.0

Posted On

17 Apr, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial modeling, Credit analysis, Due diligence, Underwriting, Real estate valuation, Cashflow analysis, Risk assessment, Multifamily lending, Healthcare lending, Loan committee presentation, Property operations analysis, Tax verification, Appraisal review, Microsoft Office suite, Mentorship, Communication

Industry

Financial Services

Description

Description The Sponsor Credit Review Analyst is responsible for assisting with the completion of sponsor reviews and due diligence processing for multifamily or healthcare sponsors for the Real Estate Investment team. The Sponsor Credit Review Analyst will be expected to complete annual sponsor reviews that will assist in the IRE Underwriting process that gets presented to Real Estate Loan Committee. The sponsor credit review analyst shall analyze sponsor relationships by creating financial cashflow and valuation models, undertaking due diligence responsibilities, and assisting with the presentation of a loan’s risks and mitigants under a wide range of scenarios to Loan Committee. Requirements Prepares and reviews due diligence process, underwriting and valuation models. Prepares and reviews Sponsor Credit Reviews consistent with Investment Real Estate’s requirement. Prepare and summarize Sponsor Credit Reviews to present to internal and external users. Summarizes historical property operations. Performs credit and financial analysis of guarantors and sponsors. Conducts real estate tax verification and analysis. Reviews third party reports including property appraisals, physical needs assessments, environmental reports. Acts as a conduit for credit, originators, and the due diligence process. Responsible for aiding in training and mentorship for other analysts. Performs other duties and projects assigned. Works professionally and harmoniously with team and coworkers. Expected Experience, Skills and Education: Bachelor’s degree from an accredited college or university with a focus in Finance, Business or Real Estate or related field preferred. Zero to three years of multifamily agency/bridge underwriting experience Experience with HUD, Fannie Mae and/or Freddie Mac Multifamily loan programs preferred. Understanding of bridge, conduit, CMBS and bank underwriting standards for loans secured by multifamily or healthcare preferred. Strong credit mindset with, ideally, experience in credit training. Ability to read, analyze and interpret complex documents and financial statements. Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes and risks. Applicable knowledge of Microsoft Office suite. 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. Eligibility for benefits is governed by the applicable plan documents and policies. 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.

Responsibilities

The analyst is responsible for conducting sponsor credit reviews, performing due diligence, and creating financial models for multifamily and healthcare real estate loans. They will also present loan risks and mitigants to the Loan Committee and assist in the mentorship of other analysts.