Job Description
CRA/CDFI Director Remote Position Description Responsible for planning and executing Community Reinvestment Act (CRA) and Community Development Financial Institution (CDFI) initiatives within specified deadlines and budgets. Engage collaboratively with department leaders, manage resources, and ensure that objectives are met with the highest standards of quality and performance. Key areas of responsibility include CDFI certification; CDFI strategy including additional capital sources and allocations; develop business model to maximize opportunities provided by the new CRA rules; support Impact Reporting; and effectively identifying and solving barriers to company goals. Above all, set an example of personal integrity, Bank's values, and ethical business practices.
Position Responsibilities: - Achieve CDFI objectives/mission of the bank including annual certification.
- Lead a team of CDFI support personnel to ensure timely and accurate reporting for all impact-related reports, BEA, ECIP, FA, SDLP, etc. Including training and developing staff on CDFI regulations and bank policy/procedures.
- Manage and direct CDFI initiatives for Capital Magnet Fund, New Market Tax Credits, and financial assistance awards.
- Develop and implement innovative strategies that support CDFI and CRA initiatives.
- Collaborate with department leaders to assign tasks, set deadlines, and ensure department leaders have the resources and support needed to perform their tasks effectively.
- Serve as the primary point of contact for the board of directors, executive/senior leadership and key stakeholders on all aspects of CDFI, ECIP, and CRA initiatives and projects.
- Prepare and present regular project status reports, updates, and presentations to executive and senior management.
SECONDARY DUTIES: - Monitor regulatory developments for CDFI, ECIP, and other impact reporting requirements.
- Coordinate regulatory changes within affected lines of business and ensure that the changes and controls are implemented to facilitate regulatory compliance.
- Collaboration with the bank's affiliates.
- Actively participate in CDBA and other networks.
EDUCATION AND EXPERIENCE -
- High school degree or GED Required
- 4 Year college degree in business-related field preferred.
- 5 years CDFI and/or large bank CRA experience required.
- Superior skill set in the use of the following software applications: Microsoft Teams, Excel, Word, PowerPoint, Access, and Outlook.
- A deep understanding of loan products and available data.
- Demonstrated success in implementing and managing through regulatory change.
- Intermediate-advanced Excel user or experience preferred.
Job Tags
Remote job,