Community Development Manager

Cornerstone Home Lending•Austin, TX

About The Position

We are seeking a hands-on leader in our Community Reinvestment Act (“CRA”) Team as a Community Development Manager focused on development and implementation of the Bank’s Community Development plan for each the Bank’s markets. This subject-matter expert role connects community needs with banking solutions, fosters impactful partnerships, ensures CRA compliance, and strengthens the Bank’s performance in low- to moderate-income communities across the Bank’s footprint. In this role you will manage CRA/Community Development programs, tracking, regulatory requirements, objectives and initiatives throughout the enterprise for execution and compliance of our CRA Program.

Requirements

Excellent communication (verbal and written), interpersonal, and organizational skills
Ability to work independently with a multi-level team
Ability to multitask and meet deadlines
Skilled in presentations and public speaking
This role requires a thorough understanding of the Community Reinvestment Act (CRA) and Community Development
Associate's degree or the equivalent combination of experience, education, and training preferred
Minimum of 5 years’ experience in community development, banking, and/or non-profit work
Demonstrated understanding of CRA regulatory compliance and controls utilized to implement a strong framework designed around the three lines of defense model
Strong analytical skills, with an ability to simplify data into concise, actionable reporting
Strong analytical reasoning, problem-solving, and critical thinking skills
Ability to apply compliance regulatory requirements to complex fact patterns and problem-solve viable solutions
Strong proficiency with Microsoft Office (Word, Excel, Outlook, PowerPoint, etc.)
Travel required with occasionally, overnight travel, valid Driver’s License

Nice To Haves

Past experience with the FDIC and/or with RiskExec/Kadince systems a plus

Responsibilities

Assist the Director of CRA in administering and maintaining the CRA Program and initiatives.
Lead execution of the community development program and market performance in collaboration with business line leaders to achieve goals.
Establish strategic partnerships with Community Development and Economic Development organizations that yield tangible opportunities for the Bank.
Conduct annual community‑focused needs assessments, including local market conditions, CRA performance insights, and data‑driven evaluations of philanthropic impact.
Continuously monitor federal, state, and local initiatives to anticipate shifts in public resources supporting community development.
Identify and support community development lending, investment and service opportunities that qualify and comply with the CRA.
Oversee the creation of an annual CRA Self Assessment.
Represent Cornerstone Capital Bank at community events, workshops/forums, and CRA/community development related meetings to expand visibility, opportunity and impact.
Manage Community Development Services, such as Financial Literacy events, which may include either leading or assisting with planning, coordination, and delivering the events.
Oversee tracking of all community development activities including lending, investments and services, and monitor quarterly performance goals.
Ensure that required CRA documentation is properly maintained and available for review by regulators, external auditors and internal audit.
Support preparations for periodic CRA examinations conducted by the applicable regulator.
Support CRA risk and activity reporting to the CRA Committee on a quarterly basis.
Monitor the regulatory environment, emerging risks, and reassess the Bank’s control environment on an ongoing basis.
Other duties as assigned by Fair and Responsible Banking and the Enterprise Risk Management teams.