Website Phaxis LLC
Phaxis LLC
Company : Phaxis LLC
Position Overview:
TheCRA officer is responsible for identifying, developing, and implementing initiatives to support the organization’s compliance with the Community Reinvestment Act (CRA) and enhance its community involvement efforts.
Key Responsibilities:
Develop and promote innovative community development initiatives eligible for CRA credit.
Partner with branch teams to increase community presence in designated market areas by attending civic and nonprofit events and fostering relationships.
Review current and prospective loan activities under community development programs, assessing their eligibility and impact.
Monitor existing community development loans to ensure compliance with program terms, and collaborate with internal departments on lending initiatives.
Advise management on potential enhancements to special lending programs related to affordable housing, small business growth, and economic development.
Deliver exceptional service to community groups and nonprofit organizations across the branch network.
Identify opportunities to introduce additional banking products and services to community development clients.
Analyze internal and market data related to consumer and commercial lending, community investments, and service activities to assess performance under CRA standards.
Oversee initiatives tied to designated development areas, including Banking Development District programs.
Manage the organization’s Financial Literacy and Education outreach programs.
Assess and recommend CRA-qualified investments to meet regulatory requirements.
Coordinate preparation and submission of CRA-related reports and regulatory filings.
Assist with delivering CRA-related training sessions and updates for staff as needed.
Support branch growth and expansion projects when required.
Complete additional administrative tasks and special projects as assigned.
Maintain adherence to all applicable regulations, policies, and procedures.
Required Qualifications:
Bachelor’s degree or equivalent professional experience.
5 7 years of experience working with CRA compliance and community development initiatives.
Solid understanding of the banking industry, regulatory landscape, and public policy considerations impacting financial institutions.
Ability to assess and address the needs of diverse communities.
Strong skills in project management and organizational leadership.
Proven track record in community outreach and development activities.
Excellent written and verbal communication skills, along with strong interpersonal abilities.