Is there a way to set output location to "Source Location" for each clip?

[Department4]

Hello, I'm trying to transcode proxies for some red raw clips, and I'd like each of the proxies to live in the individual Red Raw clip folders. If I try and batch export all the clips from Premiere to make these transcodes, Media Encoder is trying to send all these output files to a single specific folder. I can't find any way to tell Media Encoder to just transcode each clip to the "Source folder", IE the clip folders they are coming from. 

Obviously I could go to each clip and specify the output destination one at a time, but with hundreds of clips in my project, this seems less than ideal 🙂 

Is there a way to do this? 

Thanks!