Job Description
Job Description
Summary :
The Community Reinvestment Act (CRA) Officer will manage all aspects of the Bank's Community Reinvestment Act compliance.
The incumbent will create, deploy, and manage systems and controls in accordance with state and federal banking compliance regulations, as applicable.
Responsibilities-
Development, Implementation, & Administration : Oversee all aspects of the Community Reinvestment Act compliance for the Bank.
Exams & Audits : Coordinate and assist in the administration of independent, state, and federal CRA examinations, reviews, and audits.
Monitoring & Tracking : Perform regular testing and monitoring, identifying, and tracking CRA-related information.
Quality Control : Oversee and perform quality control reviews and monitoring of the Bank's CRA program information.
Communication & Presentation : Communicate complex information to employees, management, and regulators. Present training materials, recommendations, and initiatives, as requested.
Reporting & Responding : Prepare and compile reports as scheduled or upon request from management. Respond to audits, regulatory examinations, and inquiries.
Recommendations & Guidance : Advise and provide guidance to employees, the management team, and other stakeholders on CRA compliance.
Projects & Other Job Duties : Ad hoc projects and other job duties, as assigned.
Specifications-
- Subject Matter Expert on Community Reinvestment Act requirements and regulations.
- Three to five years of experience in managing CRA requirements and communicating required changes and revisions to rules and regulations.
- Experience with managing the CRA Compliance Examination process and proactively engaging with regulators.
- Ability to use sound judgment and make critical decisions regarding CRA compliance with minimal supervision.
- Excellent written and verbal communication skills.
- Ability to write and revise policies and procedures for new and emerging regulatory developments and concerns.
- Ability to present complex information in an understandable and relatable manner when presenting to employees, Bank management, and regulators.
- CRCM Certification preferred but not required.
Benefits :
Benefits package includes Health, Dental and Vision insurance, 401(k) with company match, life and disability insurance, supplemental insurance, EAP, wellness reimbursement program, phone reimbursement, PTO and performance based quarterly bonus program.
We are an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law.
All employment is decided on the basis of qualifications, merit, and business need.
Job Posted by ApplicantPro