Mercantile Bank · 2 months ago
Tax Credit Asset Manager
Mercantile Bank is a community-focused financial institution seeking a Full-Time Tax Credit Asset Manager to join their Mercantile Community Partners subsidiary. The role involves managing a portfolio of Low-Income Housing Tax Credits and Historic Tax Credits, ensuring asset quality and compliance, and fostering collaboration with various stakeholders.
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Responsibilities
Be part of a growing team that provides tax credit financing solutions that meet economic and community needs for developers and investors
Monitor asset quality and compliance of new and existing tax credit investment portfolio at both the project/real estate and investor levels
Partner with internal and external parties to coordinate post-closing requests with a high degree of customer service
Generate clear and consistent reporting, presenting key statistical data and recommendations to mitigate any credit risks
Qualification
Required
Bachelor's degree in a business-related field
Strong written and verbal communication skills
Experience in gathering data and generating reports
Must be willing to travel for property site visits, industry conferences, and other meetings as necessary
Preferred
At least 3 years of tax credit investment experience with a focus on real estate asset management preferred
Preferably finance or accounting
Benefits
Competitive compensation
Bonus opportunities
Best-in-class benefit options
Minimum of 3 weeks' vacation
Sick time
11 paid holidays
Generous 401k match of 5%
Company paid life insurance
Tuition reimbursement
IVF and adoption assistance
Zero-interest loans for fitness equipment and business attire
Discounted bank services
Employee stock purchase plan
529 savings plans
Health savings accounts
Flexible spending accounts
Legal protection
Exceptional training and development opportunities
Encouragement to connect with community through volunteer opportunities
Company
Mercantile Bank
Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots.
Funding
Current Stage
Public CompanyTotal Funding
$90MKey Investors
U.S. Bancorp
2025-12-24Post Ipo Debt
2022-01-14Post Ipo Debt· $15M
2021-12-15Post Ipo Debt· $75M
Recent News
2026-01-20
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