CRA/HMDA Manager

What You’ll Do

The CRA/HMDA Manager is responsible for gathering, scrubbing, analyzing, maintaining and reporting accurate CRA and HMDA data to the Board of Directors and CRA Management Committee. They are also responsible for submitting complete and accurate data in a timely manner to the regulators on an annual basis. This position is responsible for training the Board, CRA Management Committee and all Bank officers and staff regarding Community Development Loans, CRA Service Hours, CD Investments and CD Donations. This position is an important member of the CRA Management Committee, advising its members on action to be taken to meet CRA goals. They will be members of the Compliance Management Committee, serving as the subject matter expert on CRA and HMDA.

As time allows, this position is responsible for assisting the Compliance leader in performing compliance monitoring for consumer compliance laws/regulations throughout the Bank.

Responsibilities Include

• Help create, oversee and update policy and procedures for compliance with the Community Reinvestment Act and other compliance and fair lending laws/regulations
• Member of the CRA Compliance Committee and Compliance Management Committee
• Research, analyze and interpret all applicable CRA and other consumer compliance regulations and recommend changes to and/or enhance existing policies and procedures
• Responsible for the collection of all CRA and HMDA data, including but not limited to, working with the Bank’s Senior Management regarding CRA qualified investments, all HMDA loan data, all Community Development Loans, all CRA qualified community support including donations and employee hours donated in support of our community
• Under the Compliance leader’s supervision, work with the Bank’s various departments to develop lending, investment and service programs that help meet the lending needs of low- and moderate-income households and census tracts, as well as small businesses and small farms
• Prepare, analyze, and monitor the Bank’s statistics to determine adequate loan penetration of low- and moderate-income households and low-to-moderate income census tracts, as well as businesses and farms of different sizes for the Bank’s small business lending, small farm lending, and residential mortgage department
• Analyze and document components of the lending test utilizing CRA software, as well as other technical resources to track CRA performance; present reports to the Compliance Management Committee, CRA Committee and the Board of Directors
• Analyze and document components of the Investment and Service Tests, making suggestions for improvement, present reports to the Compliance Management Committee, CRA Committee and Board of Directors
• Monitor the Bank’s CRA performance and suggest program modifications and improvements
• Serve as a liaison with external CRA compliance auditors, examiners, and regulators
• Maintain relevant CRA reports and files and the Public CRA file in compliance with the regulation
• Work with training partners to develop formal Bank-wide CRA training
• Develop and maintain a library of CRA resources
• Collect and distribute information related to the CRA and other topical subjects to appropriate staff
• Provide information assistance to loan officers, branch personnel, Management and the Board of Directors
• Comply with all applicable Banking compliance rules and regulations established by both internal departments and external agencies

What You’ll Need to be Successful

• Accuracy and Thoroughness – strong attention to detail
• Planning/Organizing – demonstrated ability to manage multiple demands and priorities, strong organizational and time management skills
• Collaboration – ability to work well with other departments and individuals; maintain communication needed to keep the workflow going
• Analytical Skills – ability to analyze and solve problems; work well in group problem solving situations
• Initiative – strive to continuously build knowledge and skills and share expertise with others
• Dependability – take responsibility for own actions
• Comprehension – ability to read, comprehend and interpret complex written material
• Communication – precise and exact when delivering information; able to listen, get clarification, and respond well to questions
• Innovation – an original thinker who brings creativity to dealing with work problems and opportunities, meeting challenges with resourcefulness
• Productivity – sense of urgency around deadlines and commitments; use time efficiently
• Teamwork – maintain a positive working relationship with your team members
• Motivation – demonstrate persistence and overcome obstacles
• Versatility – ability to work on projects and tasks in different areas of the department
• Compliance – consistently adhere to Bank policies and regulations, reinforce training to ensure that Bank employees are aware of UDAAP and do not harm consumers with any act that could be misleading, unfair, deceptive, or abusive in act or practice

Qualifications

• Bachelor's degree from four-year College or university required; and
• A minimum of five (5) years’ related experience required or a combination of equivalent education, training and experience
• Basic, working knowledge of Community Reinvestment Act and other Loan and Operations Consumer Compliance Regulations/Laws

Why You Should Apply

• Full-time position with excellent compensation and benefits package
• Generous time off programs
• Bonus program
• Profit-sharing
• Discounted stock purchase program
• Excellent growth and development opportunities
• And much more!

Pay Range (Salary): $85,000.00 - $95,000.00/year

The purpose of this job description is to provide a summary of duties related to the position. It is not intended to be all-inclusive. The employee will perform other reasonable business duties as assigned by supervisor or other management.

First Northern Bank does not discriminate based on race, color, religions, sex, gender identity, age, national origin, marital status, pregnancy, disability, or any other protected status.

The duties outlined in this description are subject to modification or change by the organization, at any time, with or without notice.

Salary : $85,000 - $95,000