VP/CRA Officer

Commercial Bank of California•Los Angeles, CA

About The Position

The VP/CRA Officer leads and contributes to the implementation and maintenance of an effective Community Reinvestment Act (CRA) compliance program. The role develops, oversees, and quantifies small-business and community-development initiatives in line with Large Bank CRA needs and assists with CRA data collection and reporting in accordance with regulatory requirements and best practices. The officer oversees day-to-day CRA Department functions across lending, investment, and service; manages small-business and community-development loan data; prepares annual CRA performance analyses and reports for Senior Management; and ensures regulatory deadlines are met. The position also supports charitable contributions and grants, audits and examinations, the CRA Public File, community relationships and needs assessments, loan purchases for low- and moderate-income borrowers, Federal Home Loan Bank community programs, and the Bank’s Assistance Program. The role trains staff, supervises relevant program documentation, serves as a backup for CRA staff, and participates in community and bank activities. Commercial Bank of California is a purpose-driven, certified Minority Depository Institution headquartered in Irvine. It describes itself as California’s largest Latino-owned bank and one of the state’s largest privately held banks, with over $4 billion in assets as of November 2026. The position is based in California and is hybrid eligible.

Requirements

Bachelor’s degree in business administration, marketing, or a closely related field; or eight years of related sales, account management, lead or supervisory, and banking operations experience and/or training; or an equivalent combination of education and experience.
Proficiency with software programs such as MS Outlook, Word, Excel, and PowerPoint.
Working knowledge of CRA Wiz and nContracts.
Ability to perform the essential duties satisfactorily; reasonable accommodations may be made for individuals with disabilities.

Responsibilities

Oversee the CRA Department’s day-to-day functions in lending, investment, and service.
Oversee efficient and accurate collection and qualification of small-business loan data.
Review, determine, and collect data for small-business and community-development loans.
Prepare CRA performance analyses and an annual assessment of the Bank’s prior-year CRA performance.
Present analysis reports on the Bank’s CRA performance to Senior Management.
Ensure compliance with regulatory deadlines, including submission of CRA data by March 1 each year.
Train CRA Department staff and Bank personnel.
Assist in managing grant and charitable contribution functions.
Interact with auditors and examiners during audits and examinations.
Update and maintain the Bank’s CRA Public File.
Establish and maintain relationships with community-based charitable and nonprofit organizations and activities.
Assist in assessing community credit needs and attend community events and functions.
Prepare a budget for loan purchases by assessment area and obtain Senior Management approval.
Lead and manage, as needed, purchases of mortgage loans made to low- and moderate-income borrowers from third-party sellers.
Manage the loan-purchase process, including due diligence, receipt of loan documents, OFAC checks, and HMDA data.
Develop Federal Home Loan Bank community programs, including WISH, Middle-Income Downpayment Assistance, AHEAD, and the Empowering Homeownership matching grant program.
Supervise the Bank’s Assistance Program and review documentation to ensure loans qualify for grants.
Act as backup for CRA staff and prioritize requests made by the CRO.
Serve on Community Development Boards and participate in CRA and Risk meetings.
Volunteer with qualifying nonprofits to secure adequate service hours.
Participate in qualifying low- and moderate-income loans and investments.
Participate in the FDIC’s Alliance for Economic Inclusion.