Overview

Description: Merchants Bancorp is seeking a strategic and accomplished tax executive to serve as our next Senior Vice President, Head of Tax. While headquartered in Carmel, Indiana, Merchants is far more than a traditional regional bank. As a diversified financial holding company with more than $21 billion in assets, we operate a nationwide platform spanning multifamily housing and healthcare finance, mortgage warehouse lending, tax-advantaged investment platforms, residential mortgage banking, agricultural lending, and community banking. In this highly visible leadership role, you will shape and execute the enterprise tax strategy across a complex multi-entity organization, partnering with executive leadership and the Board to drive compliance, optimize tax outcomes, and support business growth across our diverse national lending and investment platforms. This is a unique opportunity for a hands-on tax leader to make a meaningful impact within a dynamic, growth-oriented organization while working alongside a collaborative team at our corporate headquarters in Carmel, Indiana.The Senior Vice President, Head of Tax can do the following confidently and independently Tax Strategy & PlanningDevelop and execute the Company's enterprise tax strategy to responsibly optimize the effective tax rate while managing risk and maintaining full compliance.Lead tax planning for tax-advantaged investments, including Low-Income Housing Tax Credits (LIHTC), and advise on the proportional amortization method and related GAAP/tax positions.Evaluate and structure federal and state tax credit opportunities (e.g., R&D, energy, and state-specific credits), coordinating with external advisors such as KPMG.Provide tax guidance on M&A, new business lines, entity structuring, and intercompany transactions across the MBIN/MBI/MCC/MCI family of entities.Partner with the CFO and business leaders on balance-sheet optimization initiatives that carry tax implications (e.g., asset placement across legal entities for tax efficiency).Tax Provision & Financial ReportingOwn the quarterly and annual income tax provision (ASC 740), including current and deferred tax calculations, valuation allowance analysis, and effective tax rate reconciliation.Ensure accurate and timely tax disclosures in SEC filings (10-Q, 10-K) in coordination with SEC Reporting and external auditors.Maintain robust documentation and support for uncertain tax positions (FIN 48 / ASC 740-10).Compliance & OperationsOversee the preparation and timely filing of all tax returns across all entities-federal, state, and local income, franchise, and information returns.Own all non-income tax obligations across the enterprise, including property, sales/use, and other transaction and excise taxes.Manage tax audits, notices, and examinations with federal, state, and local authorities, serving as the Company's primary point of contact.Monitor legislative and regulatory developments, assess impact to the Company, and communicate implications to management.Controls, Risk & GovernanceEstablish and maintain effective internal controls over tax accounting and reporting consistent with SOX requirements.Develop tax policies, procedures, and documentation standards suitable for audit and examination.Present tax matters, strategy, and risk assessments to senior management, the Audit Committee, and the Board as needed.Leadership & CollaborationLead, mentor, and develop the existing tax team while building out its structure, talent, processes, and technology roadmap to enhance enterprise capabilities.Manage relationships with external tax advisors, auditors, and consultants, ensuring value and accountability.Partner cross-functionally with Finance, Accounting, Treasury, Legal, and the business verticals to embed tax considerations into decision-making.Controls, Risk & GovernanceEstablish and maintain effective internal controls over tax accounting and reporting consistent with SOX requirements.Develop tax policies, proc