UnitedHealth Group

Community Reinvestment Act Officer

UnitedHealth Group • $134K — $230K *
Draper, UT 84020In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 7+ years of experience in a bank or regulated financial institution
  • 5+ years of experience in a CRA program
  • Functional knowledge of regulatory expectations for CRA with a focus on Community Development
  • Willingness to travel up to 25%
  • Ability to work in Draper, UT office
  • Driver's License and reliable transportation needed

Responsibilities

  • Oversee and implement the Bank's CRA program in line with strategic objectives
  • Establish community partnerships to advance Bank CRA initiatives
  • Provide CRA expertise to Bank and UHG on relevant activities
  • Maintain documentation and reporting for CRA activities to stakeholders
  • Benchmark CRA programs of peer institutions to inform Bank efforts
  • Interact with regulatory agencies on CRA topics, advocating for the Bank's interests
  • Manage the Bank's CRA Strategic Plan and solicit community feedback

Benefits

  • Comprehensive benefits package
  • Incentive and recognition programs
  • Equity stock purchase options
  • 401k contribution
Full Job Description
The Optum Bank Community Reinvestment Act Officer will lead all aspects of the Optum Bank Community Reinvestment Act ("CRA") program according to regulatory requirements and the approved CRA Strategic Plan. This position will ensure that the Bank meets or exceeds its annual CRA goals in lending, investments, and services; manage documentation of Bank CRA efforts for qualifying activities to ensure regulatory requirements and expectations are met; and proactively engage community partners and agencies which promote CRA objectives to source CRA opportunities in fulfillment of Bank CRA objectives. This position will also interface and coordinate with other Optum and UHG entities to identify and document qualifying CRA-eligible activities undertaken by other entities within the UHG enterprise.

Please note: this position is based out of the Draper, UT office and follows an office-based schedule with four in-office days per week.

Primary 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


You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

  • 7+ years of experience working in a bank or other regulated financial institution
  • 5+ years of experience working in a CRA program
  • Proven functional 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


Preferred Qualifications:

  • 2+ years leading a large bank CRA program
  • Regulatory experience in Community Reinvestment Act examinations
  • Experience leading or engaging with CRA-qualified community development agencies with a healthcare focus
  • Proven credit underwriting and/or investment analysis experience analyzing CRA-qualified credit opportunities
  • Proven ability to network, build, and advance community networks and coalitions to achieve CRA objectives Assertive self-starter, with solid verbal and written communication skills
  • Proven ability to analyze, manage and resolve complex issues with attention to detail
  • Proven ability to analyze and interpret governmental regulations, regulatory guidance, and manuals, and implement appropriate policies and procedures to ensure compliance
  • Proven excellent people-management, project management, and interpersonal skills, including the ability to work well both individually and in a team (in person and virtual) environment across all organizational levels
  • Proven ability to appropriately prioritize time, manage multiple tasks and work effectively under tight deadlines
  • Proven ability to work independently
  • Demonstrated high integrity and excellent judgment


Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $134,600 - $230,800 annually based on full-time employment. We comply with all minimum wage laws as applicable.

About UnitedHealth Group

UnitedHealth Group is a medical facility. They offer health technology, health finance, and pharmacy services. They are utilizing clinical data and intelligence to assist in the redesign, automation, and deployment of technology to streamline administrative operations and clinical decision-making. Payment systems for both consumers and providers are critical components of a health-care system.

UnitedHealth Group Careers

Joining UnitedHealth Group means becoming part of a diverse team dedicated to making a difference. As a leader in health services and innovation, our company offers a variety of job opportunities that allow professionals to leverage their skills, drive innovation, and improve lives. Work You’ll Do At UnitedHealth Group, you’ll contribute to a mission-focused environment where your expertise will influence the health and well-being of people worldwide. Our employment opportunities span across a wide range of disciplines, from healthcare specialists to data analysts, ensuring that your career journey is both dynamic and rewarding. Transform Healthcare with Your Expertise UnitedHealth Group stands at the forefront of health innovation. Our team collaborates to deliver solutions that lead to better patient outcomes. Working with us, you’ll find yourself at the intersection of technology, healthcare, and leadership, providing key insights that drive industry transformation. Join Our Global Team As part of our team, you’ll engage with over 300,000 professionals globally, dedicated to building a diverse and inclusive workplace. UnitedHealth Group is not just a company; it’s a community where you can grow your career through continuous learning and leadership opportunities. Our commitment to diversity training ensures that every team member can thrive. UnitedHealth Group Career Development We are committed to your professional growth. Explore career paths filled with promising job opportunities and internships that will harness your potential and expand your capabilities. Whether you’re a seasoned professional or a recent graduate, you’ll find that our career development programs support your ambition at every level. Innovative Work Environment At UnitedHealth Group, innovation is at the core of our operations. We encourage our team to bring forward-thinking ideas that challenge the status quo and lead to breakthrough improvements in patient care. Be Part of a Great Team Our culture fosters a collaborative and supportive environment where every member’s contribution is valued. Enjoy the benefits of being part of a global team that’s committed to making a difference in people’s lives. Future-Proof Your Career With UnitedHealth Group, your career is future-proof. Dive into a range of positions that offer both challenges and rewards. Our robust support system includes unmatched training, development programs, and certification support to propel your career forward. Stay Connected Join Our Team Discover the right position that matches your skills and interests. We are always hiring and look for passionate, curious, and solution-driven team players. Search UnitedHealth Group jobs today and take the first step towards a fulfilling career. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Read Careers Blog Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at UnitedHealth Group.
Learn more about UnitedHealth Group
Size
350,000 employees
Market Cap
$493.1 billion
Industry
Healthcare
Net Income
$15.4 billion
Founded
1974
5 Year Trend
+9.2%
Revenue
$257.1 billion
NASDAQ
UNH
* Ladders Estimates

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