Principal - CRA Compliance

Responsibilities

• Collecting, validating, and analyzing community reinvestment related data.
• Monitoring community development lending, investments, and services.
• Preparing regulatory reports and examination materials.
• Implementing processes and controls that ensure accurate tracking of community reinvestment eligible activities.
• Collaborating with business units to identify community development opportunities.
• Supporting outreach efforts with nonprofit organizations, community partners, and local stakeholders.

Requirements

• Maintaining compliance with Community Reinvestment Act (CRA) requirements.
• Supporting strategies that promote community development and responsible banking practices.
• Monitoring regulatory requirements and emerging guidance.
• Affirmative action plan to ensure equal employment opportunity.
• Assessing CRA performance and reporting obligations.
• Conducting risk assessments and control reviews.
• Supporting examinations and regulatory interactions.
• Providing guidance to business partners regarding CRA requirements.
• Developing policies, procedures, and training programs.

Career Level Definition

A recognized subject matter expert in a job area typically obtained through advanced education and work experience. Responsibilities typically include: Managing large projects or processes with limited oversight from manager. Coaching, reviewing and delegating work to lower level professionals. Problems faced are difficult and often complex.

Qualifications

• Bachelor's Degree required; equivalent combination of education and experience may be considered.
• Typically requires 6 - 8+ years prior experience, with deep knowledge of job area.

Skills

• Advanced education and work experience.
• Deep knowledge of job area.

Benefits

• Comprehensive benefits package that includes medical, dental, vision, life insurance, disability coverage, paid time off, retirement savings through a 401(k) plan, wellness resources, and other programs designed to support teammates' health and financial well-being.
• Incentive compensation, bonuses, or other variable compensation, subject to applicable plans and performance criteria.

Pay

Compensation offered will be based on a variety of factors, including but not limited to education, work experience, skills, certifications, and geographic location, etc.

Schedule

N/A