Join our Dynamic Team

At Merchants Capital, we champion diversity of experience, work-life balance, and continuous professional development.

When you work for Merchants Capital, you join a team of industry leaders, passionate about client success and invested in employee growth. We’ll provide all the support you’ll need to excel in your new role.

Benefits & Perks

Merchants Capital strives to create a work environment that rewards hard work and strong performance while encouraging a positive work-life balance. At Merchants, we believe our people make the difference in our business and our full range of top-notch employee benefits are key to building and maintaining our team.

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Medical

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Dental

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Vision

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Disability

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Life

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401K

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Paid Volunteer Time Off

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Paid Parental Leave

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ESOP

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100% Tuition Assistance

Click below to learn more about our internship program.

Open Positions

VP, Asset Management - Sponsor Loans

Location: Carmel , IN | Date: 05/26/2026


The Vice President, Asset Management – Sponsor Loans position is responsible for overseeing the ongoing servicing and asset management of a portfolio of loans to select real estate owners and developers, ensuring compliance with loan terms and regulations. This position’s focus will be split between internal and external stakeholders with responsibilities that may cross platforms and departments an...

Executive Assistant

Location: Washington , DC | Date: 05/20/2026


We are seeking a highly organized and proactive Executive Assistant to provide exceptional support to the Executive Vice President of Credit and Operations. The ideal candidate will be a detail-oriented professional with excellent communication and time management skills. This role is critical to ensure the EVP's and DC offices daily operations run smoothly, allowing them to focus on strategic decision...

Underwriter - Multifamily

Location: Carmel , IN | Date: 05/20/2026


The Underwriter position is responsible for underwriting multifamily financing transactions offered by the Investment Real Estate (IRE) team.


The Underwriter position is an individual contributor role responsible for credit memo completion and loan committee presentations but will also guide the underwriting analysts and the analysts’ collection of due diligen...

Investment Accountant

Location: Carmel , IN | Date: 05/13/2026


The Accountant, Investment Partners position will be responsible for the platform’s accounting, reporting and financial oversight of its commercial real estate focused private fund business. A strong candidate will be familiar with and have prior experience in GAAP accounting principles as it relates to commercial real estate mortgages, debt capital markets and private funds.


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SVP, Business Transformation

Location: Carmel , IN | Date: 05/13/2026


As SVP, Business Transformation, you will own the technology and operational evolution of Merchants Capital (MCC)—translating market expectations into clear workflows, data products, and measurable outcomes. Reporting to the Chief Operating Officer, you will lead transformation across all MCC teams, serving as the bridge between our operational groups and our technology capabilities. This is not a te...

Insurance Coordinator, Healthcare

Location: Bloomington , MN | Date: 05/07/2026


The Insurance Coordinator, Healthcare is responsible for the compliance reviews of the LEAN/HUD 232 and Merchants Bank of Indiana (MBI) healthcare loan portfolio. This position requires a detail-oriented, deadline-driven individual who can work individually, with members of other teams as well as with his/her own team to manage multiple tasks and projects simultaneously. This position will report to th...

VP, Underwriter

Location: New York , NY | Date: 05/04/2026


The VP will have direct responsibility for recommending investments in healthcare and multifamily commercial real estate (CRE) debt. Reporting to the Chief Investment Officer of Merchants Investment Partners, this role will serve as the primary internal-facing entry point for all prospective CRE loans targeted for Merchants Investment Partner debt funds and investment vehicles.


Mercha...

Asset Manager, Equity

Location: Carmel , IN | Date: 04/29/2026


The Asset Manager, Equity is responsible for providing broad analytical, administrative, and database support to their assigned Asset Management team. The position is ideally suited for an individual with strong analytical and financial skills and a desire to learn the LIHTC syndications business. The main responsibilities include asset monitoring, financial analysis, client interactions, risk assessme...

Closer

Location: Bloomington , MN | Date: 04/17/2026

As a Multifamily Closer, your primary responsibility is to facilitate the closing of Investment Real Estate loans, including bridge, construction, and line-of-credit transactions. You will also collaborate with Agency Closers (Fannie Mae, Freddie Mac, HUD) on complex deals. At Merchants, no two transactions are alike—we tailor financing solutions to meet our customers’ unique goals. If you thrive working indep...

Closer

Location: New York , NY | Date: 04/17/2026


As a Multifamily Closer, your primary responsibility is to facilitate the closing of Investment Real Estate loans, including bridge, construction, and line-of-credit transactions. You will also collaborate with Agency Closers (Fannie Mae, Freddie Mac, HUD) on complex deals. At Merchants, no two transactions are alike—we tailor financing solutions to meet our customers’ unique goals. If you thrive w...

Underwriting Analyst - Healthcare

Location: Carmel , IN | Date: 04/17/2026


The Underwriting Analyst is responsible for assisting with the underwriting and due diligence processing for multifamily or healthcare financing programs being offered by the Real Estate Investment team, including bridge loans and proprietary and/or conduit executions.


The Underwriting Analyst must help underwriters make informed recommendations to the Investment Real Estate Loan Comm...

Sponsor Credit Review Analyst

Location: Carmel , IN | Date: 04/17/2026


The Sponsor Credit Review Analyst is responsible for assisting with the completion of sponsor reviews and due diligence processing for multifamily or healthcare sponsors for the Real Estate Investment team.


The Sponsor Credit Review Analyst will be expected to complete annual sponsor reviews that will assist in the IRE Underwriting process that gets presented to Real Estate Loan Commi...

Asset Management Analyst - Multifamily

Location: Carmel , IN | Date: 04/17/2026


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 the Asset Management Analyst with exposure to various types of loan products to finance multifamily housing and credit analysis skills to assess the ongoing performance of the underlying assets that are necessary for a successful ...

Asset Management Analyst - Healthcare

Location: Carmel , IN | Date: 04/17/2026


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 the Asset Management Analyst with exposure to various types of loan products to finance healthcare properties and credit analysis skills to assess the ongoing performance of the underlying assets that are necessary for a successfu...

Underwriting Analyst - Affordable

Location: Carmel , IN | Date: 04/17/2026


The Underwriting Analyst is responsible for assisting with the underwriting and due diligence processing for multifamily or healthcare financing programs being offered by the Real Estate Investment team, including bridge loans and proprietary and/or conduit executions.


The Underwriting Analyst must help underwriters make informed recommendations to the Investment Real Estate Loan Comm...

Underwriting Analyst - Conventional

Location: Carmel , IN | Date: 04/17/2026


The Underwriting Analyst is responsible for assisting with the underwriting and due diligence processing for multifamily or healthcare financing programs being offered by the Real Estate Investment team, including bridge loans and proprietary and/or conduit executions.


The Underwriting Analyst must help underwriters make informed recommendations to the Investment Real Estate Loan Comm...

Closer

Location: Carmel , IN | Date: 04/15/2026


As a Multifamily Closer, your primary responsibility is to facilitate the closing of Investment Real Estate loans, including bridge, construction, and line-of-credit transactions. You will also collaborate with Agency Closers (Fannie Mae, Freddie Mac, HUD) on complex deals. At Merchants, no two transactions are alike—we tailor financing solutions to meet our customers’ unique goals. If you thrive w...

Underwriter - GSE

Location: Washington , DC | Date: 03/30/2026


The position is responsible for ensuring the timely and accurate underwriting of multifamily mortgage loan transactions in accordance with Agency and Bank guidelines. Responsibilities include but are not limited to reviewing customer data, making sound credit decisions and ensuring they are documented to secondary market guidelines where applicable, as well as assisting loan officers and processors wit...

Operations Specialist

Location: Carmel , IN | Date: 03/06/2026


This position will manage and maintain all operational logistics for Merchants Bank’s IRE platform. This platform covers credit and transactional execution of all affordable housing, conventional housing, and healthcare products that the bank holds. Core responsibilities will include oversight of processing and due diligence functions, ensure data integrity across reports and systems, and support exe...

Insurance Analyst

Location: Bloomington , MN | Date: 02/04/2026


An Insurance Analyst is responsible for the pre-closing compliance reviews of our loan portfolio. This position requires a detail-oriented, deadline-driven individual who can work individually, with members of other teams and with his/her own team to manage multiple tasks and projects simultaneously. This position will have extensive internal and external customer interaction.

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