Description:
The Tax and Escrow Analyst is responsible for the set up and maintenance of tax contracts for various loans within the Servicing portfolio. The Tax and Escrow Analyst will also perform escrow analyses to ensure sufficient collections on escrows. This position requires a detail-oriented, deadline-driven individual who can manage multiple tasks and projects simultaneously. This position will have extensive internal and external customer interaction.
In one year as a Tax and Escrow Analyst, you will know you were successful if you...
- Back up and/or assist Tax & Escrow Coordinator and their duties.
- Reviewing individual tax statements.
- Point of contact for tax questions both internally and externally for your portfolio.
- Onboard new loans to the servicing system and QC onboarding checklist.
- Process tax payments manually or via tax files from 3rd party vendor (DTR, CTR, XTR).
- Upload new loan report and parcel modification report from our 3rd party vendor to our servicing system (inventory report).
- Ability to manage assigned tasks and workload according to deadlines.
- Ability to adapt to changes and ability to prioritize/manage desk workload.
- Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.
- Other tasks as assigned.
What we're 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.
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.
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