First Merchants Bank
Manager, Community Reinvestment Act
First Merchants Bank, Monroe, Michigan, United States, 48162
Description
Position Goals: Develop, maintain and manage the Community Reinvestment Act (CRA) program for FMB. This role provides assurance that the bank meets the needs of the community and attains its CRA goals. Essential Duties and Responsibilities: Provide corporate CRA data analysis to the Compliance Committee and the CRA Management meeting and serve as a resource. Manage, monitor and consult with the Corporate CRA Management group to develop a comprehensive community development strategy for all assessment areas; including but not limited to home ownership/improvement initiatives, single family and multi-family affordable housing and small business/small farm. Member of the Compliance Committee: present overview and updates of the CRA program at least twice a year. Member of the Regional CRA meeting and organizer of the Corporate CRA Management meeting. Establish, participate and maintain effective relationships with community development based, charitable and non-profit partners. This includes participating in Federal Home Loan Bank community programs and representing the bank in its communities through board participation and event attendance. Serve as the bank's principle liaison with external CRA compliance auditors and examiners. Develop and maintain a comprehensive performance context to identify community development needs, opportunities, and limitations and demonstrate how the bank's CRA activities help to address the identified needs. Develop and maintain a comprehensive performance context for the bank's CRA investments test. Evaluate and support requests from community organizations for CRA=related program or project funding. Develop community development services and partner with various lines of business to deliver such services. Provide subject matter expertise on community development issues. Remain abreast of developments in CRA, including industry best practices and emerging risks and trends. Recommend and advise community development investment opportunities. Recommend and advise management regarding financial literacy initiatives and programs. Position Requirements: Education - Bachelor's degree in accounting, finance, management or related field of study OR Associate degree/two (2) years of college + two (2) years of related work/military experience OR four (4) years of related work/military experience (plus any additional required experience listed below). Experience - Over six (6) years of related CRA management experience within the last eight (8) years. Other - Experience coaching and developing a staff. Preferred Requirements: Experience managing a CRA Program and interacting with Senior and Executive Management for a mid-sized bank, $10- $50 billion asset size.Qualifications
Education Bachelors of Accounting (required)
Experience Experience coaching and developing a staff. (required) Over six (6) years of related CRA management experience within the last eight (8) years. (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Position Goals: Develop, maintain and manage the Community Reinvestment Act (CRA) program for FMB. This role provides assurance that the bank meets the needs of the community and attains its CRA goals. Essential Duties and Responsibilities: Provide corporate CRA data analysis to the Compliance Committee and the CRA Management meeting and serve as a resource. Manage, monitor and consult with the Corporate CRA Management group to develop a comprehensive community development strategy for all assessment areas; including but not limited to home ownership/improvement initiatives, single family and multi-family affordable housing and small business/small farm. Member of the Compliance Committee: present overview and updates of the CRA program at least twice a year. Member of the Regional CRA meeting and organizer of the Corporate CRA Management meeting. Establish, participate and maintain effective relationships with community development based, charitable and non-profit partners. This includes participating in Federal Home Loan Bank community programs and representing the bank in its communities through board participation and event attendance. Serve as the bank's principle liaison with external CRA compliance auditors and examiners. Develop and maintain a comprehensive performance context to identify community development needs, opportunities, and limitations and demonstrate how the bank's CRA activities help to address the identified needs. Develop and maintain a comprehensive performance context for the bank's CRA investments test. Evaluate and support requests from community organizations for CRA=related program or project funding. Develop community development services and partner with various lines of business to deliver such services. Provide subject matter expertise on community development issues. Remain abreast of developments in CRA, including industry best practices and emerging risks and trends. Recommend and advise community development investment opportunities. Recommend and advise management regarding financial literacy initiatives and programs. Position Requirements: Education - Bachelor's degree in accounting, finance, management or related field of study OR Associate degree/two (2) years of college + two (2) years of related work/military experience OR four (4) years of related work/military experience (plus any additional required experience listed below). Experience - Over six (6) years of related CRA management experience within the last eight (8) years. Other - Experience coaching and developing a staff. Preferred Requirements: Experience managing a CRA Program and interacting with Senior and Executive Management for a mid-sized bank, $10- $50 billion asset size.Qualifications
Education Bachelors of Accounting (required)
Experience Experience coaching and developing a staff. (required) Over six (6) years of related CRA management experience within the last eight (8) years. (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)