VP CRA Compliance Officer - Riverwoods, IL

Symicor Group•Riverwoods, IL

4d•Onsite

About The Position

Our bank client is seeking to fill a VP CRA Compliance Officer role in the Riverwoods, IL area. The position is responsible for developing, administering, and maintaining the Consumer and CRA Compliance Management Programs to ensure compliance with all applicable laws and regulations. The opportunity has a generous salary of up to $150K and a benefits package. (This is not a remote position).

Requirements

A high school diploma or general education degree (GED) is required.
A minimum of five years’ experience in a Bank Compliance position is desired.

Nice To Haves

A Bachelor’s degree in Banking, Finance, Accounting, Business, Law, or equivalent years of experience preferred.
Previous experience with Regulatory Examinations and Audits is preferred.
Compliance Certification from an Industry Compliance School is preferred.

Responsibilities

Drive CRA program success by applying independent judgment to review, qualify, and document activities across volunteer services, donations, FHLB programs, as well as financial literacy initiatives; ensuring timely, compliant completion of low-risk deliverables and generating actionable reports for management and the CRA Committee to support strategic decisions and enhance community impact.
Ensure timely, compliant completion of low-risk CRA deliverables while generating actionable reports that support strategic decision-making by management and the CRA Committee, contributing to enhanced community engagement and overall program effectiveness.
Work with Stakeholders / Lines of Business to identify CRA related opportunities related to services, donations, and ancillary CRA programs.
Conduct data integrity reviews of CRA Community Development activities such as donations, services, financial literacy, and FHLB programs submitted by employees across relevant lines of business, validating accuracy using Kadince, internal reporting systems, and FHLB program data to ensure documentation and work programs meet compliance standards, and provide recommendations to enhance data quality as well as program effectiveness.
Facilitate monthly CRA Liaison program meetings documenting activities, minutes, and training, to collaborate and consult with stakeholders to provide feedback to ensure alignment with CRA.
Support the implementation of new, or modified CRA Program-related regulations ensuring proper Compliance to CRA regulatory requirements and determine impacted business units.
Collaborate with the Mortgage Group and CRA Officer to maintain and submit documentation for FHLB Programs including Special Needs Assistance Program (SNAP), Homebuyer Equity Leverage Partnership (HELP), Affordable Housing Program (AHP), Partnership Grant Program (PGP), and Disaster Programs.
Develop and conduct small group training, to provide guidance to educated bank employees on requirements for CRA qualified donations and services, including ancillary CRA related programs.
Prepare gap analysis for Services and Donations, in relation to community needs.
Oversee the accurate and timely preparation of the Banks CRA Public File.
Maintain compliance with all applicable laws and regulations while keeping abreast of new changes in regulations affecting responsibilities.
The ability to work in a constant state of alertness and in a safe manner.
Completes required BSA/AML training and other compliance training as assigned.
Perform any other related duties as required or assigned.