Affordable Housing Analyst

Central Bank of Kansas City; Kansas City (MO); On-site; USD 70,000 - 95,000; Full time

Job summary

Central Bank of Kansas City seeks an Affordable Housing Analyst to underwrite and monitor LIHTC-backed developments, partnering with CBIO and external stakeholders while maintaining sound lending practices.

The ideal candidate: bachelor’s in business/finance/real estate with 3+ years in bank credit or lending, plus strong Excel modeling and financial analysis skills.

Qualifications

• Bachelor’s degree in business, finance, real estate, or related field; 3+ years related experience in bank credit or lending.
• Preferred experience with Construction lending and Affordable Housing industry norms.
• Core competencies of LIHTC program.
• Experience with banking regulatory agencies' rules and guidance.
• Knowledge of Excel modeling, commercial real estate underwriting, and review of bank loan policies.
• Ability to analyze and interpret complex financial statements, models, and legal documents.
• Strong communication with diverse groups.

Responsibilities

• Live the culture and champion affordability in Housing.
• Represent the brand in daily interactions with clients and stakeholders.
• Serve as primary contact for current and prospective clients.
• Oversee the portfolio of Affordable Housing developments aligned with sound lending practices.
• Collaborate with CBIO to identify additional lending opportunities and impact.
• Identify opportunities to add value for clients and their continued success.
• Monitor portfolio for loan documents compliance and exceptions.
• Participate in training to stay current on products and industry trends.

Skills

Excel modeling

Financial analysis

Communication skills

Analytical thinking

Education

Bachelor’s degree in business, finance, real estate, or related field

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Affordable Housing Analyst

Full Time Professional Kansas City, MO, US

30+ days ago Requisition ID: 1008

Affordable Housing Analyst

Responsible for ongoing analysis and underwriting of affordable housing developments that utilize state and federal programs including the Low-Income Housing Tax Credit program (LIHTC). The incumbent will work with the CBIO to manage external relationships with housing developers, tax credit syndicators, and other vested parties in the affordable housing industry. Additionally, they will partner well internally to maintain loan files and portfolio oversight.

DUTIES AND RESPONSIBILITIES:

• Live the culture, be a champion of possibility and look for continued success within Affordable Housing.
• Aide us in telling the story of Central Bank of Kansas City and represent the brand in your daily interactions.
• Serve as a primary point of contact for current and prospective clients.
• Oversee the portfolio of ongoing Affordable Housing developments consistent with Central Bank of Kansas City sound lending practices.
• Strategize with the CBIO to determine opportunities for additional lending opportunities and ways in which Central Bank of Kanas City can multiply impact in the Affordable Housing industry.
• Identify areas for Central Bank of Kanas City to offer additional value to our clients and pave the way for their continued success.
• Implement and review portfolio of stabilized housing developments in the Bank’s Affordable Housing lending territory.
• Monitor Affordable Housing loan portfolio for compliance with all loan documents and ongoing monitoring of technical exceptions.
• Participate in training sessions and meetings to stay informed about the latest products, services, and industry trends

QUALIFICATIONS:

• Bachelor’s degree (B.A.) or equivalent in business, finance, real estate, or related field, 3+ years related experience specifically in the bank credit or lending profession.
• Preferred experience and familiarity with Construction lending, and Affordable Housing Industry norms.
• Core competencies of Low-Income Housing Tax Credit (“LIHTC”) program.
• Proven experience dealing with rules, guidance and regulations of banking related regulatory agencies.
• General working knowledge of excel modeling, commercial real estate underwriting, and review of bank loan policies.
• Present strength in ability to analyze and interpret complex financial statements, models, and legal documents.
• Ability to effectively communicate with people at all levels and from various backgrounds.
• Understands the organizations value proposition and can articulate fundamentals of business and how the units tie together.
• Basic working knowledge of Community Development Financial Institutions and how they impact the Affordable Housing industry.
• Able to champion new ideas, manage change, and execute on action plans.
• Excellent interpersonal, quantitative, analytical, and problem-solving skills.
• Creative, flexible, and innovative team player.
• Excellent written and verbal communication skills.
• Commitment to high standards of excellence and personal accountability.

COMPETENCIES:

• Project Management -Develops project plans; Coordinates projects; Communicates changes and progress; Completes projects on time and budget; Manages project team activities.
• Technical Skills- Assesses own strengths and weaknesses; Pursues training and development opportunities; Strives to continuously build knowledge and skills; Shares expertise with others.
• Interpersonal Skills -Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others' ideas and tries new things.
• It’s about People -Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.

Equal Opportunity Statement

Central Bank of Kansas City is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. If you need an accommodation to apply for a position at Central Bank of Kansas City, please contact Human Resources.