Merchants Capital Corporation

Compensation

Full Description

Description The Senior Consents Asset Manager will be responsible for managing all documentation requests, credit analysis and checklists related to Fannie Mae and Freddie Mac multifamily loans. Duties include analyzing documentation, credit write up and ensuring that all required materials are complete and accurate before processing. Candidate will coordinate with internal and external stakeholders to gather necessary documentation and maintain organized records. Success in this position is expected to ensure the accuracy and completeness of all documentation and checklists, facilitate smooth communication with stakeholders, and provide timely support to the consents process. By managing documentation efficiently and performing thorough credit analysis, to contribute to the overall effectiveness and compliance of the GSE Consents department. Requirements • Process a portfolio of multifamily loans managing each file from application to consent closeout. • Manage all documentation requests and checklists. • Maintain customer contact and provide timely file status updates to both the customer and internal team members. • Perform analysis of documentation provided by customers. • Manage communication with third party vendors (appraisers, engineers, etc.). • Provide credit analysis for complex consent requests. • Work with assigned Asset Manager to finalize Borrower Request submissions for internal and Investor review. Expected Experience, Skills and Education: • Bachelor's degree in Finance, Real Estate, Accounting, Economics or a minimum of 3+ years of experience in real estate is preferred. • Minimum of 1+ year of GSE credit underwriting or consent underwriting experience required. • Proficient in Microsoft Office Products, with an emphasis on Excel and Word. • Prior experience with Fannie Mae or Freddie Mac multifamily platforms a plus. • A knowledge of real estate markets with an emphasis on multifamily assets. • Strong organizational skills. • Strong verbal and communication skills. • Exhibit self-motivation whether working independently or on a team. • A strong sense of urgency and ability to problem solve. • An ability to execute and manage multiple projects with deliverables to ensure that timelines and results are achieved. 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.