Escrow Analyst

: Description:

As an Escrow Analyst , you will efficiently manage tax contracts with 3rd party vendors and researching tax issues to ensure accurate reporting and oversight. In your day-to-day you will be analyzing escrow accounts and handling requests that come through the tax inbox. We are open to this position being in Carmel, IN (Headquarters), Bloomington, MN, or Remote . If you are looking for your next opportunity in a fast-paced and growing environment, then apply TODAY!

In one year as an Escrow Analyst, you will know you were successful if you…

• Serve as the point of contact for tax questions both internally and externally.
• Review Appraisals and legal descriptions to confirm tax inventory report.
• Process tax payments manually or via tax files from 3rd party vendor.
• Research or obtain tax payment verification for non-escrowed parcels.
• Create and/or update tax parcels in servicing system.
• Process escrow analyses to ensure sufficient collections for tax, insurance, and/or MIP.
• Administer Mortgage Insurance Premium (MIP) payments and escrows.
• Manage tax jurisdiction records in servicing system.
• Other tasks as assigned.

Requirements:

We are looking for…

• Minimum of 3 years of experience in real estate tax profession, preferably in multifamily loan administration.
• Requires problem solving skills as well as the initiative to troubleshoot and find resolutions.
• Requires excellent communication skills, written and oral, through all levels of the organization.
• Must possess strong organization skills with a focus on accuracy and attention to detail.
• Requires proficiency in computer software such as Microsoft Office, specifically Outlook, Word, and Excel.
• Bachelor's degree from an accredited institution preferred with a focus on accounting, finance, and or real estate area.

Merchants Capital was established in August of 1990 as a mortgage banking firm specializing in multifamily housing and healthcare facilities finance. With extensive experience in these types of finance, the company is a premier provider and servicer of Multifamily, Affordable, Healthcare, and Student Housing. Our mission is simple: to provide the best origination and service of our loan and investment products with exceptional customer service, accuracy, creativity, speed, and conformance to regulations. Merchants Capital Corp. (MCC) launched its LIHTC equity syndicator in 2020 and to date had raised $860 million in equity. As a lender, MCC has also originated and closed more than $30 billion+ in financing and now services more than $18 billion+. MCC's primary source of funding is the secondary market of federally chartered agencies and the federal government and tax credit equity investors.