Job SummaryThe CRA & Community Development Officer is responsible for leading the Bank's enterprise-wide Community Reinvestment Act (CRA) and community development strategy across its assessment area within a five-state footprint.
This position serves as the Bank's subject matter expert and strategic leader for CRA, working closely with executive leadership, market presidents, branch and lending leaders, Compliance, Community Development, Marketing, and other business lines to ensure the Bank effectively identifies and addresses the credit and community development needs of the communities it serves. The position is expected to function as the Bank's central point of coordination for CRA and community development strategy, while business lines and market leadership remain accountable for executing CRA-related activities within their areas of responsibility.
The Officer will also serve as a key advisor to senior management on CRA performance, emerging community needs, regulatory expectations, and opportunities to strengthen the Bank's community impact.
Key Responsibilities / Essential FunctionsReasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Develop and execute the Bank's enterprise-wide CRA strategy, objectives, and annual operating plan.
- Establish CRA priorities for each assessment area based on local market conditions, demographic trends, community needs, lending opportunities, and regulatory expectations.
- Translate the Bank's CRA strategy into measurable objectives for lending, investment, and service activities.
- Partner with market and business-line leaders to integrate CRA objectives into business plans and market strategies.
- Analyze CRA performance throughout the year by assessment area, product, geography, business line, and CRA activity and proactively identify potential areas of concern.
- Provide senior management with regular reporting regarding CRA performance, trends, opportunities, and emerging risks.
- Serve as the primary enterprise subject matter expert on CRA and community development.
- Maintain continuous CRA exam readiness rather than relying solely on preparation immediately before an examination. Coordinate CRA examination preparation, including responses to examiner requests and remediation of examination findings.
- Coordinate with Compliance to ensure CRA-qualified activities are appropriately identified, documented, categorized, and supported.
- Maintain processes to capture comprehensive inventory/documentation of CRA-qualified lending, investments, grants, donations, and community development services.
- Track regulatory developments and assess potential impacts to the Bank's CRA program.
- Partner with commercial, CRE, residential mortgage, small business, and specialty lending teams to identify lending, service, and investment opportunities that address community needs.
- Regularly meet with community organizations to understand changing community needs. Represent the Bank at community development meetings, conferences, industry events, and civic organizations. Facilitate introductions and collaboration between community organizations and appropriate Bank business lines.
- Serve as a senior representative of the Bank with community organizations and external stakeholders.
- Develop strong relationships with organizations serving LMI individuals and communities.
- Maintain relationships across the Bank's five-state footprint with organizations focused on:
- Affordable housing
- Small business development
- Economic development
- Workforce development
- Financial education and financial inclusion
- Neighborhood revitalization and stabilization
- Community facilities and essential services
- Disaster recovery and resilience
- Develop educational materials and training for lenders, branch employees, relationship managers, and other associates.
- Ensure management reporting provides a reliable view of the Bank's CRA performance.
- Prepare regular CRA reporting for executive management and the Board or appropriate Board committee.
- Provide leadership of assigned team by leading efforts in recruitment, interviewing, and training employees.
- Plan, assign, and direct departmental work that aligns with the Company's strategic direction.
- Set realistic and measurable performance goals and ensure employees have appropriate professional development opportunities.
- Effectively manage performance by providing consistent feedback and assisting employees in meeting established company standards and expectations.
- Coordinate interdepartmental goals to ensure alignment with company goals and vision.
- Maintain confidentiality and security of sensitive information.
- Adhere to all corporate policies and procedures, Federal and State regulations, and laws.
- Complete all mandatory annual compliance training.
- Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection, and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws.
- Perform other duties and special projects as assigned.
Job Requirements:Education:- Bachelor's degree in business, finance, public policy or a related field.
Required:- 7-10+ years of experience in banking or related field.
- Experience managing CRA programs for a large or multi-state bank.
- Experience with CRA data analytics and assessment-area analysis.
- Familiarity with non-profit and community groups supporting affordable housing finance, CDFIs, community development financial structures, or economic development.
- Experience preparing for or managing a CRA examination.
- Experience developing enterprise CRA strategies and performance dashboards.
- Ability to travel to all markets within the Bank's footprint.
- Excellent attention to detail, organizational and communications skills.
- Highly effective verbal and written communication skills, and a demonstrated team player.
- Ability to work independently with strong initiative and results orientation.
- Excellent skills at building and maintaining relationships.
- Proficient in Microsoft Office products.
Preferred:- Previous experience with Kadence administration.
- Previous experience in volunteer and event coordination.
Work Environment, Physical RequirementsThe physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.
- This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and scanners.
- Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
- Physical activity requiring reaching, sifting, lifting to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
- The employee will frequently communicate and must be able to exchange accurate information with others.
- The employee may need to move around their office to attend meetings and to access files, machinery, or other job-related tools.
- Travel up to 50%.
DISCLAIMER: HomeTrust Bank is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.
