CRA Program Lead - Community Impact & Compliance

Taleo; Draper (UT); On-site; USD 135,000 - 231,000; Full time

Job summary

Optum Bank is seeking a Community Reinvestment Act Officer in Draper, UT to lead the CRA program, ensure regulatory compliance, and drive lending, investments, and services aligned with the CRA Strategic Plan.

This role requires 7+ years in banking, 5+ years in CRA, travel up to 25%, and the ability to work in the Draper office; salary range is $134,600 to $230,800 annually, with comprehensive benefits.

Qualifications

• 7+ years of experience in a bank or other regulated financial institution.
• 5+ years of experience working in a CRA program.
• Proven knowledge in meeting regulatory expectations for CRA, particularly focused on institutions operating under a CRA Strategic Plan or programs with a primary focus on Community Development.
• Willingness and ability to travel up to 25%
• Ability and willingness to work in our Draper, UT office
• Driver’s License and access to reliable transportation

Responsibilities

• Lead execution and management of Bank CRA program according to CRA Strategic Plan objectives, Board directives, and regulatory requirements
• Build community partnerships and networks in advancement of Bank CRA objectives (loans, investments, and services)
• Provide subject matter expertise to internal Bank and UHG functions on CRA-qualifying activities
• Manage and maintain appropriate documentation of CRA-qualified activities, and produce applicable reporting to appropriate stakeholders (Bank committees, Board of Directors, regulatory agencies and examiners, etc.)
• Conduct and maintain benchmarking of other CRA programs and activities of peer institutions, and document the Bank CRA Performance Context
• Engage and liaise with appropriate regulatory agencies on CRA matters, keeping abreast of regulatory guidance and trends, and advocating on behalf of the Bank with regulators, industry consortia, and community partners on CRA matters
• Manage and maintain the Bank’s CRA Strategic Plan, including soliciting community input; preparing new plans for submission and regulatory approval; managing the regulatory approval process, etc.
• Source and execute CRA-qualified service opportunities for Bank personnel at various levels (front-line staff; consulting/expertise for CRA-qualified agencies; Board opportunities on CRA-qualified agencies, etc.)
• Provide CRA-qualified Board service to CRA-qualified agency(ies) in fulfillment of CRA objectives
• Respond to community, regulator, and other stakeholder input on the Bank’s CRA program and efforts
• Manage all aspects of CRA examinations by relevant regulatory authorities
• Manage annual CRA data reporting
• Manage the Bank CRA donation budget, and source and direct CRA donation opportunities through applicable Bank

Skills

CRA program experience

Regulatory compliance

Stakeholder communication

Travel up to 25%

Draper office

Driver's license

Job description

Optum Bank is seeking a Community Reinvestment Act Officer in Draper, UT to lead the CRA program, ensure regulatory compliance, and drive lending, investments, and services aligned with the CRA Strategic Plan.

This role requires 7+ years in banking, 5+ years in CRA, travel up to 25%, and the ability to work in the Draper office; salary range is $134,600 to $230,800 annually, with comprehensive benefits.