AVP, CRA Community Outreach Officer

Pacific Western Bank; Durham (NC); On-site; USD 60,000 - 80,000; Full time

Job summary

A leading bank is seeking a CRA Compliance Representative to enhance community relationships and ensure conformity with CRA regulations. This role involves developing strategies for community engagement and evaluating opportunities for community development investments. Candidates should bring strong analytical and organizational skills, with a background in CRA or compliance-related fields.

Benefits

401k plan with company match

Comprehensive insurance options

Tuition reimbursement

Career growth opportunities

Paid vacation and holidays

Qualifications

• 5-6 years’ work experience in CRA-related work required.
• Ability to assist with CRA-related business development strategies.
• Experience as auditor or related compliance work preferred.

Responsibilities

• Develop targets related to the Bank’s annual CRA goals.
• Manage the CRA Public File and maintain community development interactions.
• Process donation requests and evaluate community development loans.

Skills

Detail oriented

Analytical

Problem-solving

Communication

Education

Associate's degree

Bachelor’s Degree

Tools

CRA software programs (e.g., CRA WIZ, Kadince)

Excel

Word

PowerPoint

Job description

Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the “bank”). Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services, with full-service branches throughout California and Denver, Colorado, as well as full-stack payment processing solutions through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more.

At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us in creating a dynamic and inclusive workplace. We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more.TOGETHER WE WIN

THE OPPORTUNITY

This position will perform a variety of tasks related to ensuring the Bank’s compliance under the Community Reinvestment Act. In this role, major responsibilities will include reaching out to and establishing relationships with community organizations for the purpose of serving as the Bank’s CRA representative and promoting the Bank’s products and services in all its communities, including to low- and moderate-income areas. The position will assist in the evaluation of donation requests from Bank employees and community organizations, the identification and evaluation of community development investment opportunities, and the evaluation of potential community development loans. When needed, the position will also assist in evaluating the bank’s small business loans and ensuring reporting is accurate and timely. The position will help ensure the Bank’s disclosure requirements are met through review and updating of its CRA Public File and CRA Notices as needed. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

HOW YOU’LL MAKE A DIFFERENCE

• Work with the CRA/Community Development Officers to develop, implement and achieve agreed upon targets related to the Bank’s annual CRA goals.
• Develop the Bank’s performance context, quarterly CRA review updates, and peer bank analysis to measure the Bank’s performance against goals and other peer banks.
• Ensure the Bank’s CRA Public File is kept current as required by the regulation.
• Maintain active involvement in communities within the Bank’s CRA assessment areas and seek community organizations that will assist the Bank to achieve its community development goals.
• Seek community development service opportunities, and support the development of service initiatives to bolster the levels of community development services.
• Process donation requests and other investment recommendations.
• Identifying community development loans and provide assistance to relationship officers in the documentation process.
• Maintain the Bank’s registers for CD loans, investments and services.
• Support the operations of the Bank’s Charitable Foundation.
• Source and coordinate opportunities with community partners to support FHLBSF programs
• Develop and present community development and CRA training for employees.
• Keep current with regulatory changes, supervisory guidance and industry concerns.
• Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
• Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
• Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.
• Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
• Performs other duties and projects as assigned.

WHAT YOU’LL BRING

• 5-6 years’ work experience in CRA-related work is required
• Experience working as an auditor or other compliance related work is preferred
• Associate's degree required and/or equivalent experience
• Bachelor’s Degree and/or relevant work experience or training
• Ability to assist with CRA-related business development strategies and coordinate actions to enhance the Bank’s CRA performance
• Ability to communicate appropriately and effectively with all members of the organization
• Detail oriented and organized
• Highly self-motivated and ability to work independently
• Proven analytical, evaluative, and problem-solving abilities
• Ability to handle multiple projects and work in a collaborative setting
• Ability to work with Excel spreadsheets, Word documents, and Power Point presentations
• Knowledge of CRA software programs, such as CRA WIZ and Kadince
• Knowledge of loan products

HOW WE’LL SUPPORT YOU

• Financial Security:You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.
• Health & Well-Being:We offer comprehensive insurance options including medical, dental, vision,AD&D, supplemental life,long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).
• Building & Supporting Your Family:Banc of California partners with providers that offeradoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
• Paid Time Away:Eligible team members receive paid vacation days, holidays, and volunteer time off.
• Career Growth Opportunities:To support career growth of our team members, we offertuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

SALARY RANGE

The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.

Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.

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Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.