CRA Officer (full-time exempt), Compliance

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

OFFICER: These employees hold an officer title, are exempt and paid on a salaried basis. They are eligible for most fringe benefits offered by the Bank

JOB SUMMARY:

Oversees the Bank’s Community Reinvestment Act (“CRA”) performance and program.

EDUCATION/EXPERIENCE REQUIRED:

• Associate’s or Bachelor’s degree preferred.
• Five or more years of demonstrated, strong CRA performance experience with a large bank.
• Working knowledge of automated CRA and Fair Lending software.
  
  

QUALIFICATIONS/SKILLS REQUIRED:

• Proven communication, analytical and project management skills
• Excellent attention to detail
• Strong collaboration/cooperation skills
• Strong oral and written communication skills
• Good typing skills and intermediate skills in Word and Excel. Experience working with various computer applications/software programs and the Internet
• Valid driver’s license and a vehicle for travel
• Proven strength in research, analysis, problem solving, organization, time management, interpersonal skills and customer service
  
  

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:

• Oversees the Bank’s CRA program and works with the CRA Council, Community Development Officers and management to ensure at least a “Satisfactory” CRA rating.
• Works with the CRA Council, Community Development Officers and management to establish CRA Policy and strategic implementation plans. Has indirect supervision of Community Development Officers.
• Collaborates with the Market Presidents to develop Community Development Officer implementation strategies.
• Assists the Community Development Officers in identifying community needs.
• Maintains the integrity of the Bank’s community investments, donations and services databases.
• Writes the Bank’s annual CRA performance analysis for Board and CRA Council review.
• Quarterly, advises the Board, management, and CRA personnel regarding CRA performance .
• Monitors the Bank’s performance to comply with the CRA requirements. Recognizes trends, weaknesses and deficiencies and advocates action(s) that would improve CRA performance.
• Works closely with management to improve performance to a satisfactory level when significant deficiencies are noted or examination results are less than satisfactory.
• Utilizes the CRA Council to facilitate CRA communications, initiatives, research, and reports on market performance.
• Serves as the CRA Council’s secretary. Sets the Council agenda and writes meeting minutes for presentation to the Board of Directors and Council members.
• Chairs the monthly CRA status meeting with outer markets
• Maintains knowledge of current CRA regulatory expectations/interpretations. Maintains proficiency in interpreting, analyzing and understanding CRA exam performance expectations and interpreting new guidance/regulations and its impact.
• Monitors and analyzes competitors’ CRA performance.
• Monitors federal, state and local trends that impact CRA performance.
• Coordinates the CRA regulatory examination process. Assists with internal/external CRA audits/examinations.
• Identifies and maintains documentation to support community development loans, investments, and services opportunities.
• Maintains knowledge of the Bank’s products and services to ensure the Bank is receiving maximum credit for all CRA-qualified activity.
• Consults with Marketing and Retail Administration regarding the impact of branch openings and closings to ensure an adequate retail branch distribution network.
• Assist in the development of new products to ensure that the Bank’s lending programs, deposit products and other financial services are designed to enable the Bank’s communities.
• Trains and re-trains lending staff regarding CRA.
• Maintains the Bank’s CRA Public File.
• Assists the CRA-HMDA-Fair Lending Specialist in completing Fair Lending reviews.
• Other duties as assigned.
  
  

BENEFITS:

• Health Insurance
• Dental Insurance
• Vision Insurance
• Paid Vacation
• Paid Holidays
• Employee Stock Ownership Plan
• 401k Plan
• Flexible Benefit Plan
• Voluntary Life Insurance
• AD&D Insurance
• Discounted Banking Services
• EAP (Free counseling sessions)
• Discounted AAA Membership
• Fitness Discounts
• Vacation Purchase Plan
• Interest-Free Computer Loan
• Interest-Free Fitness Equipment Loan
• Service Awards
• Attendance Awards
• Funeral Leave
• Subsidized Parking (Downtown)
• Sick Leave
• Educational Assistance Program
• Employee Wellness Program
• Dell Computer Discount
• Discounted Tickets
• Cell Phone Discount
• Jeans days to benefit local charities
• Paid Identity Theft Protection
• New Hire Incentive (for hourly employees)
• Personal Day (available for full-time only)
• Birthday Holiday (available for full-time only)
• Wedding Days (available for full-time only)
• Appointment Time (available for full-time only)
• Long Term Disability (available for full-time only)
• Life Insurance (2x salary)