Community Development Manager

First National Bank Texas•Killeen, TX

39d•Hybrid

About The Position

FNBT is seeking a Community Development Manager to develop and maintain relationships with community-based organizations (CBOs), including CDFI groups, within the bank's assessment areas (AAs). This role involves evaluating the capacity of CBOs/CDFIs, recommending loans and investments, advocating for low- and moderate-income (LMI) borrowers, and providing technical assistance. The Community Development Manager will also support various community development financing structures, research investments in economic development groups, and advocate for innovative projects. This position requires interaction with trade groups, representing FNBT at conferences, recommending community partnerships and grant requests, and overseeing the CRA Academy training program. Regular attendance, punctuality, and necessary travel (up to 50%) are expected, along with other assigned duties.

Requirements

At least 18 years of age
High school diploma or equivalent
Bachelor's Degree in a business-related field
Minimum of three years' experience in selling financial products, to include lending
Knowledge of Community Development Lending
Familiarity with CDC -- Community Development Corporation, CDFI -- Community Development Financial Institution, SBIC -- Small Business Investment Company, NMTC -- New Markets Tax Credits, LIHTC -- Low Income Housing Tax Credits, and HTC -- Historical Tax Credits
Must be an extremely self-motivated team player
Must have excellent communication skills, verbal and written
Must maintain confidentiality of customer information
Must successfully pass background investigation and drug screen according to company policy
Must be able to get along with co-workers 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 (CBOs), to include CDFI groups, in the bank's assessment areas (AAs)
Evaluate the capacity of a CBOs/CDFIs to perform financially and in their capacity to impact locally defined needs
Recommend approval of loans and investments to CDFI's or other CBOs that meet internal standards
Advocate for low- and moderate-income (LMI) borrowers and provide technical assistance for the identification and development of down payment, closing cost, or other homebuyer products
Provide program support for NMTC, LIHTC, HTC, SBIC, and other community development financing structures that help the bank outperform peer banks in our AAs
Research and recommend investments in economic development (ED) groups that can be leveraged to gain greater access to highly visible community ED initiatives
Research and advocate for the creation of innovative and sometimes complex projects, such as the creation of a bank-owned CDC or the participation in projects that involve multiple layers of financing
Interact with local/state/national trade groups to stay current on CD trends
Positively represent FNBT at conferences, etc., increasing visibility in our AAs
Recommend community partnerships and grant requests to the CRA Committee
Refer program sponsorship, board, and volunteer involvement opportunities to CRA Committee, ensuring that opportunities are responsive and impactful, and innovative/complex, when appropriate
Provide reports to the Chief CRA Officer and CRA Committee on loans and investments
Oversee CRA Academy training program and cohorts
Regular and predictable attendance and punctuality
Travel as necessary (up to 50%)
Other duties as assigned