Job Description

Position Overview:

The CRA Officer is responsible for identifying, developing, and implementing initiatives to support the organization's compliance with the Community Reinvestment Act (CRA) and enhance its community involvement efforts.

Key Responsibilities:

• Develop and promote innovative community development initiatives eligible for CRA credit.
• Partner with branch teams to increase community presence in designated market areas by attending civic and nonprofit events and fostering relationships.
• Review current and prospective loan activities under community development programs, assessing their eligibility and impact.
• Monitor existing community development loans to ensure compliance with program terms, and collaborate with internal departments on lending initiatives.
• Advise management on potential enhancements to special lending programs related to affordable housing, small business growth, and economic development.
• Deliver exceptional service to community groups and nonprofit organizations across the branch network.
• Identify opportunities to introduce additional banking products and services to community development clients.
• Analyze internal and market data related to consumer and commercial lending, community investments, and service activities to assess performance under CRA standards.
• Oversee initiatives tied to designated development areas, including Banking Development District programs.
• Manage the organization's Financial Literacy and Education outreach programs.
• Assess and recommend CRA-qualified investments to meet regulatory requirements.
• Coordinate preparation and submission of CRA-related reports and regulatory filings.
• Assist with delivering CRA-related training sessions and updates for staff as needed.
• Support branch growth and expansion projects when required.
• Complete additional administrative tasks and special projects as assigned.
• Maintain adherence to all applicable regulations, policies, and procedures.

Required Qualifications:

• Bachelor’s degree or equivalent professional experience.
• 5–7 years of experience working with CRA compliance and community development initiatives.
• Solid understanding of the banking industry, regulatory landscape, and public policy considerations impacting financial institutions.
• Ability to assess and address the needs of diverse communities.
• Strong skills in project management and organizational leadership.
• Proven track record in community outreach and development activities.
• Excellent written and verbal communication skills, along with strong interpersonal abilities.

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