VP, Assistant General Counsel at Merchants Bank of Indiana – Carmel, Indiana

As VP, Assistant General Counsel, Investment Real Estate you will report directly to the SVP, Associate General Counsel and provide support and advice on a wide variety of real estate financing transactions. Merchants Bank of Indiana is one of the nation’s top multifamily affordable lenders and in this position, you will work directly with the origination, underwriting and closing teams to close complex transactions, including first lien mortgage loans for the acquisition, rehabilitation, or construction of multifamily projects across the country.

We are a small, collaborative team that supports multiple departments on a variety of topics related to banking and real estate law. To be successful on our team, we want someone who likes to solve business problems, sees value in continuously learning within their discipline and industry, and knows how to roll up their sleeves and get the work done.

After one year as our VP, Assistant General Counsel, Investment Real Estate you will know you were successful if you are able to confidently and independently handle the following:

• Oversee a growing number of complex transactions and relationships involving multifamily and healthcare projects.
• Work with SVP – Investment Real Estate and EVP - Chief Credit Officer to draft, review, and negotiate a variety of loan related documents, including loan agreements, modifications, extensions, and waivers.
• For unique deal structures, participate in deal structuring calls with outside counsel to ensure deal terms are addressed comprehensively in loan docs.
• Draft and negotiate loan participation agreements with participant banks.
• Support loan closing team by reviewing key legal documents and providing guidance on compliance with laws, Government Sponsored Entity (GSE) regulations/policies, and company policies.
• Work with multifamily and healthcare asset management and credit teams to provide guidance and advice on remedies under relevant loan documents and applicable law, for loans that may have potential issues and/or borrowers that may be in default.
• Assist with regulatory compliance by participating in meetings with bank regulators and GSE representatives, providing guidance to executive team, and drafting responses.
• Participate in complex capital market transactions, including providing guidance to asset management and capital markets teams on permissible/non-permissible actions under relevant loan and/or securitization documents (e.g., servicing decisions and reporting).
• Coordinate and manage outside counsel.

VP, Assistant General Counsel, Investment Real Estate’s expected skills and education…

• Juris Doctor – required.
• Licensed and in good standing in a U.S. state – required.
• 10 years of real estate and lending legal experience – preferred.
• Experience with real estate financing for multifamily affordable housing – required.

About Merchants

Ranked as a 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 segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31, 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.

Merchants Bank and Merchants Capital have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500-999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016–2022). For more information read the entire article here.

Our Benefits: Health, Vision, Dental, 401K, ESOP, 100% Tuition Assistance, 4 weeks paid time off, plus a few more.