Community Development Manager

First National Bank Texas•Killeen, TX

About The Position

The Community Development Manager develops relationships with community-based organizations, including CDFIs, in the bank’s assessment areas and evaluates their financial and operational capacity to address locally defined needs. The role recommends loans, investments, community partnerships, and grants, and supports financing programs and structures that advance community development and help the bank outperform peer banks in its assessment areas. The manager advocates for low- and moderate-income borrowers, provides technical assistance related to homebuyer products, researches economic development investments and innovative community projects, and represents FNBT at conferences and with trade groups. The position also oversees the CRA Academy training program and cohorts and provides reports to the Chief CRA Officer and CRA Committee. Regular and predictable attendance is required, and travel may be necessary up to 50%.

Requirements

At least 18 years of age.
High school diploma or equivalent.
Bachelor’s degree in a business-related field.
At least three years of experience selling financial products, including lending.
Knowledge of Community Development Lending.
Familiarity with CDCs (Community Development Corporations), CDFIs (Community Development Financial Institutions), SBICs (Small Business Investment Companies), NMTC (New Markets Tax Credits), LIHTC (Low Income Housing Tax Credits), and HTC (Historical Tax Credits).
Be an extremely self-motivated team player.
Excellent verbal and written communication skills.
Maintain confidentiality of customer information.
Successfully pass a background investigation and drug screen according to company policy.
Ability to get along with coworkers and work effectively in a team environment.

Nice To Haves

Prior underwriting experience, including understanding business financial statements, is highly preferred.
Prior investment product experience is highly preferred.

Responsibilities

Develop and maintain relationships with community-based organizations, including CDFI groups, in the bank’s assessment areas.
Evaluate CBOs’ and CDFIs’ financial performance capacity and ability to address locally defined needs.
Recommend approval of loans and investments to CDFIs or other CBOs that meet internal standards.
Advocate for low- and moderate-income borrowers and provide technical assistance in identifying and developing down payment, closing cost, or other homebuyer products.
Provide program support for NMTC, LIHTC, HTC, SBIC, and other community development financing structures.
Research and recommend investments in economic development groups that can provide greater access to visible community economic development initiatives.
Research and advocate for innovative and sometimes complex projects, including bank-owned CDCs and projects involving multiple layers of financing.
Interact with local, state, and national trade groups to stay current on community development trends.
Represent FNBT positively at conferences and other events, increasing the bank’s visibility in its assessment areas.
Recommend community partnerships and grant requests to the CRA Committee.
Refer program sponsorship, board, and volunteer involvement opportunities to the CRA Committee, ensuring opportunities are responsive, impactful, and, where appropriate, innovative or complex.
Provide reports to the Chief CRA Officer and CRA Committee on loans and investments.
Oversee the CRA Academy training program and cohorts.
Maintain regular and predictable attendance and punctuality.
Travel as necessary, up to 50%.
Perform other duties as assigned.