Senior Credit Underwriter

Build sound credit decisions—and help strengthen the communities we serve.

Central Bank of Kansas City (CBKC) is looking for an experienced Senior Credit Underwriter to join our Credit team. This senior individual-contributor position provides high-quality underwriting and independent credit analysis for complex Commercial & Industrial (C&I) and Commercial Real Estate (CRE) relationships.

This opportunity is for an underwriter who can do more than calculate ratios. You will be expected to understand the business and transaction behind the numbers, identify the primary sources of repayment, distinguish material risks from noise, ask thoughtful questions, and communicate clear, well-supported conclusions.

You will also serve as a technical resource to other analysts and help CBKC strengthen its underwriting standards, analytical quality, and overall credit process.

As a Community Development Financial Institution, CBKC also finances projects and businesses that create meaningful community impact. Experience with affordable housing, Low-Income Housing Tax Credits, New Markets Tax Credits, or other community-development structures is valuable—but a demonstrated ability and willingness to learn complex structures is equally important.

• Independently underwrite new, renewal, modification, and annual-review requests involving C&I and CRE relationships.
• Evaluate primary and secondary repayment sources and identify the assumptions on which repayment depends.
• Analyze borrower and guarantor financial condition, historical performance, projections, liquidity, leverage, collateral, and industry considerations.
• Prepare clear, decision-useful credit presentations identifying strengths, weaknesses, material risks, mitigants, and unresolved questions.
• Evaluate loan structure, amortization, tenor, covenants, collateral, guarantor support, and other terms relative to identified risks.
• Support accurate and well-documented risk-rating recommendations.

• Analyze business financial statements, tax returns, interim results, projections, and recurring cash flow.
• Evaluate working-capital cycles, accounts receivable, inventory, customer and vendor concentrations, borrowing-base considerations, and liquidity needs.
• Assess leverage, fixed-charge coverage, global cash flow, management performance, owner distributions, affiliate activity, and guarantor support.
• Recommend structural and covenant protections appropriate to the borrower’s operating risks.

• Underwrite investment CRE, owner-occupied CRE, and construction or development transactions.
• Evaluate property-level cash flow, debt-service coverage, occupancy, lease terms, tenant concentration, rollover risk, and sponsor support.
• Review appraisals, rent rolls, operating statements, construction budgets, sources and uses, equity contributions, and other third-party information.
• Assess loan-to-value, debt yield, breakeven occupancy, and sensitivity to changing rents, vacancy, expenses, capitalization rates, and interest rates.
• Evaluate sponsor liquidity, contingent liabilities, global cash flow, and the ability to support a project when needed.

• Analyze affordable-housing, LIHTC, NMTC, and other mission-oriented transactions when assigned.
• Develop an understanding of layered capital structures involving tax-credit equity, subordinate debt, grants, and public or nonprofit funding.
• Work with lenders, legal counsel, and internal subject-matter experts to understand specialized structures and clearly document material risks.

• Perform annual reviews, covenant testing, borrowing-base analysis, and other ongoing portfolio monitoring.
• Identify and promptly communicate material changes in borrower performance, collateral, guarantor strength, industry conditions, or repayment capacity.
• Support watch-list reviews, criticized-credit monitoring, and action-plan development when requested.
• Work collaboratively with lenders and Commercial Lending Coordinators to obtain information and complete reviews within established deadlines.

• Serve…