Community Development Manager

At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career — a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

About the role

The Community Development Specialist is assigned throughout the bank’s footprint and is responsible for understanding market conditions and community development needs within assigned Community Reinvestment Act (CRA) assessment areas. Through ongoing consultation, this role provides advice, guidance, and technical assistance to bank leadership, business groups, and community organizations that promote CRA-qualified lending, investment, and service activities. In addition to reviewing assessment area CRA performance, this role will manage data and documentation related to CRA-qualified activities for assigned geographies and provide exam data to CRA Compliance for submission to regulators. Associates at this level are recognized as an expert within and outside the organization. This associate has a breadth of knowledge and expertise in community development programs and often acts as a leader or resource for colleagues with less experience.

Responsibilities

• Maintains and documents qualified CRA investments, services, and community development lending and other reporting critical to preparing for the CRA exam
• Ensures CRA exam documentation and data accurately reflect the performance for designated assigned area
• Works collectively with CRA Compliance to lead the bank’s efforts in meeting the requirements of the Community Reinvestment Act
• Enhances business relationships by partnering with Market Executives and Business Groups to leverage opportunities in CRA Lending, Investment, and Service for the bank
• Creates CRA Plans for assigned territory and develops corrective action plans to address deficiencies
• Develops and expands external relationships through outreach with local, state, and regional Community Development organizations focusing on affordable housing, small business development, neighborhood revitalization and stabilization, disaster recovery, and essential services for low- and moderate-income individuals and families
• Monitors and tracks best practices, issues, and trends in community development
• Serves as a subject matter expert for Market Executives and Business Groups on community development issues/needs
• Seeks opportunities to increase public awareness of Regions Community Development activities
• Participates in the contribution to overall departmental goals and objectives, successfully completes special tasks assigned, and coordinates the functions of your assigned area of expertise

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• Bachelor's degree in Business Administration, Finance, Marketing, Social Science, Urban Planning, or related field and eight (8) years’ directly related experience in Community Development or CRA
• Or High School Diploma/GED and twelve (12) years' of directly related experience in Community Development, CRA, and Banking

Preferences

• Banking experience

Skills and Competencies

• Analytical ability to assess needs and bring closure to deals
• Strong knowledge of Community Reinvestment Act/Home Mortgage Disclosure Act regulations
• Strong knowledge of financial services products
• Excellent customer service skills
• Excellent written and oral communication skills
• Knowledge of housing programs and knowledge of business lending functions
• Must be willing to travel

Pay

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location, and, most importantly, performance in the job role. The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

• Minimum Job Range Target: $116,131.21 USD
• Median: $151,767.00 USD

Opportunity to participate in the Long Term Incentive Plan.

Benefits

Regions offers a benefits package that is flexible, comprehensive, and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental, and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

Schedule

Full time