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About the Role
This internship program encourages creativity and innovation, offering interns the opportunity to support their assigned team with various projects and administrative tasks. Top performers may be considered for entry-level full-time positions.
Responsibilities
- Assist in reviewing monthly construction reports and track progress against approved budgets and timelines.
- Assist in reviewing construction budgets and loan documentation.
- Help process and track draw requests and disbursements.
- Assist with time-sensitive and high-impact projects outside of core responsibilities.
- Participate in meetings with Loan Officers, Asset Managers, and project teams.
- Conduct research on market trends, construction costs, and project risks.
- Learn and apply relevant software tools used in loan servicing and project tracking.
- Collaborate closely with your direct manager and assigned mentor to develop a comprehensive end-of-internship project.
- Be assigned projects tailored to your department to build and broaden technical ability and develop emotional intelligence.
- Have both a manager and mentor to help guide you through the program and day-to-day work.
- Deliver a final presentation of project results and make business recommendations to department members and executive leadership.
- Gain a better understanding of the company's operations and be prepared for the workforce.
- Participate in weekly Development Days, including mock interviews, resume reviews, LinkedIn training, DISC Assessment coursework, and "Company Insiders" training.
Requirements
- Students who have completed at least their sophomore year of college; college graduates are welcome to apply.
- High school diploma or GED from an accredited institution required.
- Prior internship or coursework in real estate or finance is a plus.
- Ability to work independently and collaboratively in a fast-paced environment.
Skills
- Strong analytical and quantitative skills
- Proficiency in Excel
- Excellent written and verbal communication skills
- Detail-oriented with strong organizational abilities
- Interest in multifamily housing and community-focused real estate
Work Type
- Internship
Experience Level
- Internship
Education Level
- Pursuing a degree in Real Estate, Finance, Economics, Urban Planning, or a related field.
About the Company
- Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking.
- Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank, Merchants Capital Corp., and Merchants Mortgage, a division of Merchants Bank.
- Merchants Capital was established in August of 1990 as a mortgage banking firm specializing in multifamily housing and health care 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.