Community Reinvestment Officer

General Summary

Monitoring & overseeing every aspect of the bank’s Community Reinvestment Act Program. Collect & report CRA data per regulations. 

 Principal Duties and Responsibilities

• Responsible for staying up to date on and complying with all applicable banking laws and regulations as well as CNB policies and procedures.
• Monitor any changes to regulations that pertain to the Community Reinvestment Act and Home Mortgage Disclosure Act.
• Collect, analyze and report CRA data.
• Annual submission of CRA data collected required by banking regulations.
• Prepare and present periodic CRA performance reports to senior management, and/or the Compliance Committee, including performance trends, identified gaps, corrective actions, assessment-area reviews, and examination readiness.
• Monitor and evaluate the bank’s CRA performance across lending, community development investments, and services; identify performance gaps and emerging risks; and recommend appropriate strategies and corrective actions.
• Lead or coordinate community outreach to identify credit and community-development needs; maintain records of contacts and findings; communicate identified needs to appropriate business units; and evaluate whether bank activities are responsive to those needs.
• Communicate with lenders, lending personnel, CRA public relations, and various other employees in reference to information that pertains to CRA loans, services and investments/donations.
• Develop and provide role-appropriate CRA training to lending, branch, operations, marketing, and other affected personnel, including onboarding and periodic refresher training.
• Interface with Examiners before, during and after a CRA exam; gather any information necessary requested by the examiners, including providing the necessary HMDA data to the examiners.
• Maintain any updates to the CRA Public file, Branch file, CRA policy, CRA notices posted in the lobbies of the branches & main office.
• Communicate with community leaders on CRA projects that the bank participates in, or could potentially participate in.
• Maintain regular and punctual attendance.
• Work cooperatively with others.
• Performs other duties as required or assigned which are reasonably within the scope of the duties in the job classification.

Audits

• Assist external auditors & bank examiners with any information needed, questions answered, or exceptions cleared in reference to the CRA data collected.
• Assist the Compliance Officer with internal CRA audits, as needed. 

Skills and Abilities Required 

•    Computer software: Microsoft Word, Microsoft Excel, DocuCommand, CenTrax Next, CD Trax, Navigator, FFIEC HMDA & CRA data entry software.             

•    Knowledge of compliance regulations and future changes to these regulations. 

•    Familiar with policies and procedures pertaining to CRA, HMDA, Denials/WDs.

•    Problem solving ability, self-starter, and independent thinker with strong analytical  

     Skills. 

•    Careful attention to detail and accuracy is essential. 

•    Ability to multi-task and strong research skills. 

•    Ability to work, interact and communicate with employees, management, auditors,        

      examiners and community leaders.

Working Conditions

•   Standard Office environment with minimal noise level. 

•   Independent working area. 

•   Secure work area due to sensitive customer information. 

Physical Requirements

•    Occasionally move office equipment, and files weighing 10+ pounds. 

•    Constantly operates a computer, a calculator, copy machine, printer, and other 

      office equipment.

•   Must be able to remain in a stationary position 75% of the time to process work.