CRA Officer

Bank of Tennessee•Johnson City, TN

5d•Hybrid

About The Position

As the CRA Officer, you are responsible for developing, implementing and administering all aspects of the Bank’s Community Reinvestment Act (CRA) programs. The CRA Officer ensures the Bank maintains a Satisfactory or better CRA regulatory rating and is in compliance with the federal Community Reinvestment Act, implementing regulation, and applicable regulatory guidance. In this role, you will partner with Bank Management, develop, present, and obtain business and budget approval for the Bank’s annual CRA performance plan. As the CRA Officer, you will work with government officials and community leaders in the Bank’s CRA assessment area. You will chair the CRA Committee and assist the CRA Steering Group. This role is highly visible in the bank and requires a high level of professionalism and self-awareness. In this role, you are required to be extremely flexible to meet the overall demands of the department and ultimately the Bank.

Requirements

High school diploma or equivalent required
Prior banking experience with a thorough awareness/understanding of the CRA required
Hands-on involvement with CRA related data collection and community development activities required
Skilled in the selection, development and management of vendors and community partners
Possess solid knowledge of CRA Regulatory Compliance requirements
Ability to read, interpret and analyze documents
Ability to effectively work with various personalities
Ability to think analytically and strategically
Ability to work independently and with a team
Possess professional verbal and written communication skills
Possess acute attention to detail
Ability to manage changing workloads with an emphasis on quality and established deadlines
Consistently display a positive attitude, advising and finding solutions
Ability to have knowledge of and handle confidential customer and employee information
Possess strong organizational skills
Possess initiative and be self-driven, results-oriented
Possess proficient computer skills and be familiar with most Microsoft Office applications and the Bank’s CRA reporting software

Responsibilities

In partnership with Bank Management, develop, present, and obtain business and budget approval for the Bank’s annual CRA performance plan, including periodic review of the appropriateness of the Bank’s CRA assessment area geographics
Responsible for the execution of the CRA performance plan coordinating third party vendors/partners and bank staff in the delivery of CRA investments, loan and deposit products and services in our CRA assessment areas
Through contact with government officials and community leaders in the Bank’s CRA assessment area, identify credit and services needs within the community and work with senior management to develop programs and set goals to meet such needs as are identified, within the context of the Bank’s business model and peer performance
Collect, maintain, analyze and report data on the Bank’s CRA information to identify any gaps or areas of improvement for all assessment areas
Maintain and track Bank service and volunteer activities
Identify and select community development partners
Participate in community outreach and financial literacy efforts
Work with the Bank’s Accounting staff to ensure delivery of CRA qualified investments, grants and donations
Assist the Chief Financial Officer in grant administration
Work with the Chief Regulatory Officer in addressing CRA related issues or concerns
Creates, updates, and maintains continuous records of CRA qualified products delivered, such as loans applied for and originated, services provided within the CRA assessment area to facilitate periodic review of the Bank’s CRA compliance level and CRA performance, and self-evaluation.
Updates the CRA Public File as needed. Maintain reporting and analytics
Maintain CRA reporting software, ensure accuracy of data input, and file annual report in a timely manner
Evaluate and examine Bank peer group analysis
Chair the Bank’s CRA Committee
Maintain an ongoing monitoring program which will provide management with timely information about the Bank’s CRA compliance position and gaps in CRA delivery of services, products, and investments through the CRA Steering Group to allow management to modify its goals and activities as required to maintain a Satisfactory CRA compliance rating
The CRA Officer will participate in the implementation of changes that are required based on any changes related to CRA, and participate or oversee other projects and actions as directed from time to time by the Chief Regulatory Officer or Senior Regulatory Officer
Travel to conferences, training, and, as needed, branches which may require overnight stays
Maintain compliance with regulations and bank policies and procedures, including the Bank Secrecy Act (BSA) and the Office of Foreign Assets Control (OFAC) requirements
Consistently support, uphold and model the organization’s core values and standards
Complete other duties as assigned as determined by management to be reasonable and beneficial