PSA - CRA Supervisor

Position Overview

Under direction, serves as the Community Reinvestment Act (“CRA”) Supervisor for the Division of Banking. Coordinates, directs and performs activities related to the review, analysis, and processing of CRA evaluations of state-chartered banks. Serves as a working supervisor. Ensures proper CRA compliance evaluation policies, procedures and guidelines are being consistently and accurately applied. Manages and maintains the offsite monitoring and analysis of institutions. Represents the Division of Banking and participates in meetings, presentations, and educational forums. Participates in Department strategic planning.

State of Illinois Benefits

• Health, Life, vision, and dental insurance
• 12 weeks paid maternity/paternity leave
• Pension Plan – Vesting at 10 years for Tier II
• Full 20-year retirement awards free health insurance during retirement
• Deferred compensation and other pre-tax benefits programs
• Paid state holidays, 12-14 days annually
• 3 paid Personal Business Days annually
• 12 Paid Sick Days annually (Sick days carry over year to year)
• 10-25 Days of Paid Vacation time annually (10 days in year one of employment)
• Personal, sick, and vacation rates modified for 12 hour work schedules (as applicable)
• Employee Assistance Program and/or mental health resources
• For more information about our benefits please follow this link: https://www2.illinois.gov/cms/benefits/Pages/default.aspx

Essential Functions

• Coordinates, directs and performs activities related to the review, analysis, and processing of Community Reinvestment Act (“CRA”) evaluations of state-chartered banks.
• Serves as a working supervisor.
• Ensures proper CRA compliance evaluation policies, procedures and guidelines are being consistently and accurately applied.
• Manages and maintains the offsite monitoring and analysis of institutions and relevant assessment area, such as file data, evaluations, demographic data, economic data, and loan data.
• As assigned by superior, represents the Division of Banking and participates in meetings, presentations, and educational forums with entities including but not limited to: bankers, community groups, and bank trade associations.
• Participates in Department strategic planning.
• Performs other duties as required or assigned, which are reasonably within the scope of the duties enumerated above.

Minimum Qualifications

• Requires knowledge, skill and mental development equivalent to completion of four years of college with courses in accounting, finance, banking, monetary theory or business.
• Requires three years of progressively responsible administrative experience as a bank regulator or three years of progressively responsible administrative experience as an executive officer or manager of a depository institution.

Specialized Skills

• Requires prior experience equivalent to four years of progressively responsible professional accounting, banking or auditing experience.

Preferred Qualifications

• Prefers prior experience equivalent to four years of progressively responsible professional accounting, banking or auditing experience.
• Prefers at least five years of progressively responsible experience as a CRA bank regulator.
• Prefers at least five years of experience supervising a team of seven or more.
• Prefers at least five years of experience examining or overseeing the examining of CRA.
• Prefers at least five years of experience in the banking industry in which a thorough knowledge of industry rules, laws and regulations was required.

Conditions of Employment

• Requires possession of a valid, appropriate driver’s license and the ability to travel in the performance of duties.
• Requires completion of a background check and self-disclosure of criminal history.

The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.

Agency Overview

IDFPR is a regulatory licensing and enforcement agency that protects the residents of Illinois, ensures the safety and soundness of financial institutions, ensures that competent professionals are licensed to provide services to the public, and enhances commerce in the state for the benefit of all its residents.