Community Development Program Management

Beneficial State Bank • Los Angeles, CA

2d • Hybrid

About The Position

Executes and supports Beneficial State Bank’s Community Reinvestment Act (CRA), Community Development Financial Institution (CDFI), Emergency Capital Investment Program (ECIP), and related regulatory programs to ensure full compliance with federal requirements while advancing the Bank’s mission driven community impact. Serves as a subject matter expert on CRA, CDFI and related laws and regulations; develops and administers corporate and local CRA plans; analyzes lending and community development activity; and prepares required reporting for leadership and regulators. Blends regulatory expertise with programmatic leadership to advise management on regulatory related risks, ensure measurable community outcomes, and maintain the Bank’s positive, compliant, and visible role in community economic development serving low and moderate income populations.

Requirements

• Bachelor’s degree in Community Development, Finance, Business Administration, Public Policy, Economics, Urban Planning, or a related field, or equivalent combination of education and experience.
• Five (5) or more years of experience in Community Reinvestment Act (CRA), community development, fair banking, regulatory compliance, or related financial services roles.
• Working knowledge of CRA laws, regulations, and examination frameworks, including CRA eligible lending, services, and investments.
• Experience managing regulatory data collection, validation, analysis, and reporting (e.g., CRA, CDFI, GMI, grants, or similar datasets).
• Experience supporting regulatory examinations, audits, or compliance reviews.
• Experience preparing reports or materials for senior leadership, committees, or boards.
• Experience coordinating with internal stakeholders and external community partners.
• Experience managing multiple programs or initiatives with defined deadlines and documentation requirements.

Nice To Haves

• Master's degree in public administration, Community or Economic Development, Finance, Law, or related field.
• Experience working within a regulated financial institution (bank, credit union, or CDFI).
• Experience developing or administering CRA plans, performance context materials, or remediation strategies.
• Experience with CDFI certification, reporting, or compliance requirements.
• Experience administering sponsorship, grant, or volunteer programs with CRA eligibility considerations.
• Experience working with Fair Lending or Fair Banking requirements as they relate to CRA.
• Experience collaborating with lending, compliance, legal, or executive teams on regulatory or community development matters.
• Professional certification related to compliance or community development (e.g., CRCM, CCBCP), preferred.

Responsibilities

• CRA & Community Development Leadership
• Develops and implements community development initiatives aligned with CRA, CDFI, goals, and other related community programs.
• Manages to the Bank’s CRA , CDFI and ECIP strategies and monitors performance against regulatory and impact goals.
• Ensures the Bank maintains a positive, visible role in community economic development activities.
• Data, Reporting & Impact
• Oversees data collection, validation, and analysis for CRA eligible lending, services, investments, sponsorships, grants, and volunteerism.
• Manages Government Monitoring Information (GMI) and other required regulatory data reporting.
• Assists with preparing periodic reports for senior leadership, Committees, and the Board related to CRA, CDFI, ECIP and other community development performance reporting.
• Contributes to internal and external impact reporting.
• Compliance, Audits & Regulatory Support
• Supports CRA, CDFI, Fair Banking, FHLB grant, and related audits and regulatory examinations.
• Monitors activities for compliance with CRA and other applicable laws, regulations, and internal policies.
• Assists with CRA, CDFI and ECIP program related employee training and stays current on regulatory changes and guidance.
• Adheres to all operational procedures and regulatory requirements applicable to the role.
• Completes mandatory compliance training as assigned.
• Community Partnerships & External Engagement
• Builds and maintains relationships with community organizations, coalitions, and public sector partners.
• Represents the Bank in the community and serves as a resource regarding products, services, and community development programs.
• Ensures activities are appropriately documented and budgets are managed in accordance with approved plans.
• Program & Cross Functional Collaboration
• Manages sponsorship, grant, and volunteerism programs, including tracking, reporting, and process improvement.
• Collaborates with Marketing & Communications, business lines, compliance, legal, and community partners to plan and execute CRA relevant initiatives and events.
• Participates in training and professional development to maintain subject matter expertise.
• The position performs duties specific to the position and other functions as assigned.

Benefits

• Medical / Dental / Vision / Basic Life / STD / LTD
• Vacation Days: 2-4 weeks depending on role
• Sick Days: 12 days per year
• Holidays: 11 days per year
• 401(K) / ROTH / FSA / HSA / EAP
• Education and Adoption Assistance
• Bank-Wide Annual Discretionary Bonus Program
• Production-based incentive program available for some roles.
• Paid Volunteer Time: 4 days per year / annual match of qualifying employee donations
• Paid Sabbatical Program after 5 years of service
• Pet Benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level