CRA Program Specialist Job at First Citizens Bank, Raleigh, NC

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  • First Citizens Bank
  • Raleigh, NC

Job Description

Overview

This is a remote role that may only be hired in the following locations: AL, AR, CT, DE, IA, ID, IN, KS, KY, LA, ME, MS, MN, MT, NC, NE, NH, NM, NV, OH, OK, OR, PA, RI, SC, SD, UT, VA, VT, WV

May potentially consider CA, FL, TX for highly qualified candidates.

This position is responsible for supporting the First Line of Defense (FLOD) Community Reinvestment Act (CRA) Program. This role provides effective support and collaborates between internal relationships with business units and regions in developing goals, strategies, and performance management to meet the Bank's CRA goals and objectives. Assists in the coordination, execution, and administration of CRA programs and projects. Tracks and reports progress against milestones. Analyzes data to evaluate the effectiveness of solutions and recommends improvements to enhance processes.

Responsibilities

  • CRA Program Support - Effectively collaborates with internal business units, key stakeholders, regulators, and program managers. Analyze performance, develop action plans, and contribute to Performance Context Document (PCD) development. Assist with maintaining standards and procedures.
  • CRA Examination Preparation - Support with planning and preparing for CRA examinations. Assist with regulatory reporting and responding to regulatory requests.
  • Review, Analysis & Rationale Write-Up - Interpret CRA regulations to review potential community development activities and prepare rationale write-ups that accurately reflect the Bank's activities and impact on communities including verification and cataloguing of necessary documentation. Conduct analysis and evaluates the effectiveness of CRA programs and provides recommendations for improvements.
  • Other duties and priorities as needed

Qualifications

Bachelor's Degree and 2 years of experience in program coordination or support OR High School Diploma or GED and 6 years of experience in program coordination or support

Preferred Qualifications:

  • Community Development Finance experience within a large financial institution
  • Community Reinvestment Act (CRA) program compliance and examination experience

The base pay for this position is generally between $70,200 and $107,640. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at

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