Community Reinvestment Act Officer - Remote, US

Come Grow with Us and Join an Award-Winning Organization! Stearns Bank is looking for a Community Reinvestment Act Officer. This is a remote-eligible position headquartered out of St. Cloud, Minnesota. 

JOB SUMMARY

Responsible for maintaining Stearns Bank’s Community Reinvestment Act regulatory rating at satisfactory or better and compliance with federal Community Reinvestment Act regulations.

 Starting annual salary of $85,000.00. Employment offers will be dependent upon the selected candidate’s relevant qualifications and experience.

RESPONSIBILITIES

• Development of the annual CRA performance plan and execution thereof.
  • In concert with the CEO, President, CFO, Controller and Chief Compliance Officer, develops, presents, and obtains business and budget approval for the bank’s annual CRA performance plan, including periodic review of the appropriateness of the bank’s CRA assessment area geographies.   Responsible for the execution of the plan, coordinating third party vendors/partners and bank staff in the delivery of CRA investments, products, and services in our CRA assessment areas.
• Community outreach and identification of CRA pertinent needs of our assessment area.
  • Works with senior management and CRA & Fair Banking Program Manager to assist in developing programs and setting goals to meet needs as they are identified, within the context of the bank’s business model and peer performance.
• In close connection with CRA & FARB Prog. Mgr. keeps abreast and continues to build existing knowledge and understanding of emerging CRA & 1071 rules, impact, and changes.
• Develop and coordinate training to bank staff in delivering CRA related programs.
  • Working in concert with the senior management and training teams, delivers training to management on CRA compliance requirements and the bank’s CRA plan, and delivers training to facilitate the delivery of CRA qualified investments, products and services by line and …