CRA Officer - GPAC : Job Details

Job DescriptionCommunity Reinvestment Act (CRA) Officer is responsible for developing, implementing, administering, and monitoring all aspects of a Large Banks Community Reinvestment Act Compliance Program. The CRA Officer ensures proper adherence to the provisions and intent of the CRA with the goal of meeting the credit needs of communities the Bank serves, including those of low and moderate income people and neighborhoods, as well as communities of color, consistent with safety and soundness operation. This position establishes, participates, and maintains relationships with community-based, and non-profit organizations. The CRA Officer is responsible for implementing policies and procedures necessary to maintain compliance with federal regulations and internal policies and procedures. This position is the key point of contact for internal and external stakeholders on CRA issues. 100% remote. DUTIES AND RESPONSIBILITIES

• Maintains the Large Banks CRA strategic program and goals to ensure alignment with the Banks overall strategy
• Perform periodic review of the Large Banks assessment areas to ensure reasonableness of the delineation. Present and obtain Board of Directors approval for changes in assessment area delineation or CRA program changes.
• At least annually, prepare CRA Self-Assessment that gleans toward at least an overall Satisfactory CRA Rating in each of the Banks rated areas.
• Supervises the CRA Community Development staff and his/her continued development.
• Oversee or otherwise ensure filing of an error free CRA-LR by the annual March 1st deadline.
• In conjunction with the Training Manager, coordinate and ensure that annual CRA training to all bank personnel is achieved with their job duties. In conjunction with the Director of Compliance and Director of Community Development, coordinate and ensure annual CRA training, including Redlining laws, is provided to the Board of Directors.
• Ensures the bank operates in compliance with all CRA regulations, meeting and/or exceeding expectations of the Banks regulatory agency
• Oversee the accurate data collection, data review, data integrity, and data reporting requirements for small business loans, small farm loans, and community development loans
• Ensure the CRA Community Development Specialist thoroughly reviews, documents, and records all qualifying CD Loans, Donations, Investments, and Service Hours into the Banks community development tracking software, providing assistance and additional training as needed
• Prepare, analyze, and monitor the banks performance to determine adequacy of small business, small farm, and home mortgage loan penetration in the Banks assessment areas and reports the same to the Community Development Committee.
• Working with Marketing and Fair Lending, review all approved and published marketing materials, website, and social media to ensure advertising and promotion is reaching all areas of the Banks markets, especially low and moderate income communities, and not discouraging any potential borrower
• Work with market areas to review and develop CRA programs that help meet the credit needs within the Banks assessment areas
• Manage the Banks community investment special programs offered through the FHLB Dallas
• Leverage multiple data sources to generate the statistical data needed to inform sales and marketing campaigns designed to increase CRA qualified mortgage loans, small business loans, and small farm loans
• Engage employees in company-wide opportunities for community development services with nonprofit organizations
• Coordinate and report on financial education activities the Bank engages in through the American Bankers Association (ABA) and Mississippi Bankers Association (MBA) such as A Banker in Every Classroom, Get Smart About Credit, and Teach Children to Save
• Serve as the principal liaison with auditors and examiners ahead of and during all CRA Audits and Federal Examinations

• SKILLS AND EXPERIENCE

• Strong competency in Microsoft Office and ability to learn Google Workspace (G Suite)
• Knowledge of consumer, mortgage, and small business lending operations and services
• Knowledge of federal banking regulations, rules, and guidelines, including those related to lending, particularly the CRA (Regulation BB)
• Well-organized, efficient, detail-oriented, initiative-taker, able to work independently
• Ability to conduct thorough research, interpret, and understand laws and regulations, and provide workable recommendations and solutions to problems
• Requires occasional travel to nationwide CRA conferences and to branch locations in Mississippi and Alabama
• Combination of leadership, organizational, credit, and communication skills
• Knowledge of and experience in CRA programs, affordable housing mortgages, and community development activities
• Bachelors degree and two or more years CRA related experience for a Large Bank

Apply directly or send resume to: [email protected] or call: 605-###-####All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.