Job Description

Job Description

Job Description

Position Summary:

The Community Reinvestment Act (CRA) and Community Development Officer is responsible for developing, implementing, and administering all aspects of the Bank's Community Reinvestment Act program. The primary objective of the CRA Officer is to ensure proper adherence to the provisions and intent of the Community Reinvestment Act, successfully demonstrating the Banks' responsiveness to the deposit and credit needs of low- and moderate-income individuals and markets within the Banks' assessment areas. The CRA Officer will plan, organize, and report the Bank’s compliance activities related to CRA, including oversight of CRA data. This role is a hands-on role that will perform testing and be directly involved with the development of all aspects of CRA. Community Development involves ensuring the Bank and its employees engage in our communities, volunteering and contributing to the communities where Third Coast Bank branches are placed as well as Brand Ambassador.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Monitor policies, procedures, and practices to ensure adherence to the technical requirements applicable to CRA reporting requirements.
2. Periodic review of Bank's assessment area to ensure reasonableness of the delineation. This includes reviewing branch distribution in the Bank's assessment area.
3. Update CRA Public File annually by April 1st.
4. Participate in and contribute to the Quarterly Compliance Committee meetings.
5. Ensure CRA qualified investments and donations, HMDA, small business, flexible lending programs, community development loans and employee volunteer hours are appropriately documented for reporting.

OTHER JOB RESPONSIBILITIES:

1. Assist the Chief Compliance Officer with annual department budget and strategic plan.
2. Perform other duties as assigned by the Chief Compliance Officer.
3. Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.
4. Performs all other duties as assigned.

Travel:

Travel is expected for this position.

Education and Experience:

• Bachelor's degree preferred.
• 5 years in regulatory compliance of banking laws and regulations or other related experience.
• Strong knowledge of state and federal banking laws and regulations, specifically: HMDA, ECOA, FHA, SCRA, UDAAP, FCRA and other matters.
• Proven communication, analytical, and project management skills.
• Strong understanding of bank systems and processes; strong computer knowledge; excellent MS Word, Excel, and PowerPoint skills. Working knowledge of automated CRA and Fair Lending software a plus.
• Data analysis experience a plus.
• Exercise sound judgment, accurately identify and proactively resolve potential problems. Must be a self-starter and able to work independently.
• Must be well-organized, accurate and attentive to detail.
• Team player with desire to promote a collaborative work environment.
• Must be available for travel as needed.

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