What are the responsibilities and job description for the Community Development Manager position at Regions?
Thank you for your interest in a career at Regions. 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.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Community Development Specialist are assigned throughout the bank’s footprint and are 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 .
Primary 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 develop 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 complete special tasks assigned and coordinate 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 e ight (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
Position Type Full time
Compensation Details
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. As these factors vary by individuals, pay will also vary among individual associates within the same job.
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.
Job Range Target:
Minimum: $109,179.95 USD
Median: $142,680.00 USD
Incentive Pay Plans: Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
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. To learn more about Regions’ benefits, please click or copy the link below to your browser.
https://www.regions.com/welcometour/benefits.rf
Location Details Downtown Tampa
Location: Tampa, Florida
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Community Development Specialist are assigned throughout the bank’s footprint and are 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 .
Primary 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 develop 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 complete special tasks assigned and coordinate 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 e ight (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
Position Type Full time
Compensation Details
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. As these factors vary by individuals, pay will also vary among individual associates within the same job.
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.
Job Range Target:
Minimum: $109,179.95 USD
Median: $142,680.00 USD
Incentive Pay Plans: Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
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. To learn more about Regions’ benefits, please click or copy the link below to your browser.
https://www.regions.com/welcometour/benefits.rf
Location Details Downtown Tampa
Location: Tampa, Florida
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
Salary : $109,180 - $142,680
