Asset Management Analyst - Healthcare
Merchants Capital, Carmel, IN, United States
Description
The Asset Management Analyst, IRE is responsible for providing broad analytical, reporting, and administrative support to the IRE Asset Management team. This role will provide exposure to various types of loan products that finance healthcare properties and credit analysis skills to assess the ongoing performance of the underlying assets – essential for a successful career in real estate finance.
Job Type
Full‑time
Responsibilities
Main responsibilities include the accurate onboarding of newly closed loans, spreading, and review of quarterly property financial statements through Merchants Capital’s System of Record. The role is an individual contributor with some client‑facing communication responsibilities. A successful analyst will multitask to meet competing deadlines, apply critical thinking to ongoing property performance analysis, raise potential credit issues, and adapt well to changes in processes, procedures, and technology.
Spread and analyze quarterly financial statements.
Support the Asset Manager in tracking required financials from Borrowers & Guarantors.
Assist in onboarding newly closed loans and collect executed closing binders from Loan Closing.
Conduct annual, bi‑annual, and quarterly testing of financial covenants on applicable loans.
Support the Asset Managers in quarterly Loan Grading of the IRE portfolio.
Assist in completing quarterly Asset Summary Reports for deals that are participated, in debt funds, or securitized.
Draft credit memos analyzing the viability of property cash flow, assess market risk factors, and propose risk mitigations in connection with loan extensions, modifications, or property management changes.
Work closely with Tax and Insurance on annual escrow analysis.
Follow up internally and externally for required deliverables to remain in compliance with loan documents.
Pull due diligence documentation for upcoming securitization efforts by Capital Markets or in connection with audit requests.
Coordinate loan payoff with the Payoff team.
Conduct periodic site inspections.
Assist with other ad‑hoc requests as needed.
Experience, Skills, and Education
Strong analytical skills for reviewing and analyzing financial statements.
Effective written and verbal communication with colleagues and clients; ability to work collaboratively and independently.
Excellent time management, organizational skills, and a detailed approach to daily tasks.
Minimum 1–3 years of relevant professional experience with an emphasis on financial analysis, general loan administration, and/or real‑estate development financial management.
Bachelor’s degree preferred; a high‑school diploma or GED plus 1–3 years of relevant experience is acceptable.
Benefits
Merchants offers a comprehensive package of benefits for eligible employees, including 401(k) employer contributions, employee stock ownership plan (ESOP), medical, dental, and vision insurance, various types of leaves of absence, paid holidays, 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, supplemental life and AD&D insurance, telehealth, optional ancillary insurance, education assistance, and an employee assistance program. Eligibility for benefits is governed by 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 multifamily housing nationwide. Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, along with our bank’s balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful ways. Recognized as a top five affordable lender, Merchants Capital pairs 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.
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The Asset Management Analyst, IRE is responsible for providing broad analytical, reporting, and administrative support to the IRE Asset Management team. This role will provide exposure to various types of loan products that finance healthcare properties and credit analysis skills to assess the ongoing performance of the underlying assets – essential for a successful career in real estate finance.
Job Type
Full‑time
Responsibilities
Main responsibilities include the accurate onboarding of newly closed loans, spreading, and review of quarterly property financial statements through Merchants Capital’s System of Record. The role is an individual contributor with some client‑facing communication responsibilities. A successful analyst will multitask to meet competing deadlines, apply critical thinking to ongoing property performance analysis, raise potential credit issues, and adapt well to changes in processes, procedures, and technology.
Spread and analyze quarterly financial statements.
Support the Asset Manager in tracking required financials from Borrowers & Guarantors.
Assist in onboarding newly closed loans and collect executed closing binders from Loan Closing.
Conduct annual, bi‑annual, and quarterly testing of financial covenants on applicable loans.
Support the Asset Managers in quarterly Loan Grading of the IRE portfolio.
Assist in completing quarterly Asset Summary Reports for deals that are participated, in debt funds, or securitized.
Draft credit memos analyzing the viability of property cash flow, assess market risk factors, and propose risk mitigations in connection with loan extensions, modifications, or property management changes.
Work closely with Tax and Insurance on annual escrow analysis.
Follow up internally and externally for required deliverables to remain in compliance with loan documents.
Pull due diligence documentation for upcoming securitization efforts by Capital Markets or in connection with audit requests.
Coordinate loan payoff with the Payoff team.
Conduct periodic site inspections.
Assist with other ad‑hoc requests as needed.
Experience, Skills, and Education
Strong analytical skills for reviewing and analyzing financial statements.
Effective written and verbal communication with colleagues and clients; ability to work collaboratively and independently.
Excellent time management, organizational skills, and a detailed approach to daily tasks.
Minimum 1–3 years of relevant professional experience with an emphasis on financial analysis, general loan administration, and/or real‑estate development financial management.
Bachelor’s degree preferred; a high‑school diploma or GED plus 1–3 years of relevant experience is acceptable.
Benefits
Merchants offers a comprehensive package of benefits for eligible employees, including 401(k) employer contributions, employee stock ownership plan (ESOP), medical, dental, and vision insurance, various types of leaves of absence, paid holidays, 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, supplemental life and AD&D insurance, telehealth, optional ancillary insurance, education assistance, and an employee assistance program. Eligibility for benefits is governed by 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 multifamily housing nationwide. Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, along with our bank’s balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful ways. Recognized as a top five affordable lender, Merchants Capital pairs 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.
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