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Director, Community Reinvestment Act Officer At FNBO, our
employees are the heart of our story—and we’re committed to their
success! Please see below the details of this career opportunity
and how it fits into our organization’s success.
The Community Reinvestment Act (CRA) Officer reports directly to
the Chief Compliance Officer and is responsible for maintaining
First National Bank of Omaha’s compliance with CRA by proactively
understanding emerging risks, adapting program components to
address gaps, and engaging audiences at all organizational levels
in practices that align with CRA objectives. The CRA Officer is
responsible for maintaining proficient knowledge of CRA, the
clarifying CRA questions and answers, and other CRA-related
Critical to the success of the role, the CRA Officer will need
• Demonstrate superior leadership and management skills, as well
as a command of technical requirements;
• Relate technical knowledge to business strategies, challenges
and opportunities, and
• Leverage expertise to align the CRA Strategy with business
goals and community needs. Key Accountabilities:
Lead the Bank to its third-consecutive Outstanding CRA
Complete the annual Self-Assessment, quarterly performance
monitoring, and ad hoc reporting of lending, investment, and
Set annual goals designed to achieve an Outstanding CRA
Coordinate with key stakeholders to ensure loan, investment, and
service activity produces desired CRA outcomes.
Ensure small business and small farm data is accurate and
community development loans, investments, and services are
qualifying and appropriately documented.
Review performance context and connect context to opportunities
and challenges in relation to CRA performance.
Engage with regulators and internal auditors for CRA-related
examinations, audits, and ad hoc requests.
Serve as CRA subject matter expert, acting as a trusted advisor
to business lines and risk management.
Review relevant regulatory and industry publications, and
regularly participate in relevant conferences and educational
programs to stay abreast of changes to CRA requirements, emerging
risks and evolving industry best practices.
Maintain (or contribute to) CRA training programs by
coordinating with business line management and other compliance
constituencies to ensure appropriate scheduling, audience
identification, and overall effectiveness.
Develop and maintain a broad understanding of all lines of
business, key business drivers, overarching strategy of applicable
divisions and compliance subjects with focus on lines of business
impacting Bank CRA compliance.
Proactively identify and communicate CRA performance issues,
deficiencies, gaps, etc. that impact divisions’ and the Bank’s
ability to meet strategic CRA objectives.
Develop and promote recommendations to implement CRA initiatives
and strategies and best practices that align with division work and
support the achievement of business objectives.
Advise on and prepare CRA analysis of Bank location openings,
closings, and relocations. Complete ongoing monitoring of CRA
impact of location closings to inform future decisions.
Detect issues and recommend solutions or enhancements to
enterprise processes and policies impacting CRA compliance.
Identify and recommend opportunities to improve, align,
standardize and streamline the overarching effectiveness of CRA
performance across the organization.
Continuously monitor and recommend changes to existing
processes, systems and standards to improve CRA activity reporting
Present ideas for process improvement and actively lead efforts
to solve problems when identified.
Ensure recommendations are consistent with industry CRA best
Promote an environment that supports collaboration and
Foster positive working relationships with business units,
internal audit and appropriate senior management stakeholders to
support adherence to regulation(s), regulatory requirements, and/or
Assist with monitoring, in coordination with the business units,
the status of any related material compliance issues identified and
reported by Compliance Testing, regulators, or internal audit and
provide updates to business unit management as necessary.
Set Program priorities and make day-to-day decisions. Escalate
matters to senior management as needed.
Provide leadership, motivation, coaching and assessment to
ensure high performance in support of company and department
Support business unit-specific and enterprise-wide goals and
Lead the CRA team to execute deliverables accurately and within
defined timelines of completion.
Understand and comply with Bank policy, laws, regulations, and
the Bank's BSA/AML Program, as applicable to your job duties.
Complete compliance training and adhere to internal procedures
and controls, as required.
Report any known violations of compliance policy, laws, or
Report any suspicious customer and/or account activity.
Ensure direct reports meet the above requirements and take
action to address employee performance issues.
Knowledge, Skills, Education and Experience
Bachelor’s degree in banking, business, data analytics or
related field or equivalent experience
7+ years of CRA experience
Expert knowledge of the CRA and all its technical components
Strong understanding of bank products and services offered to
consumers, businesses, and communities
Excellent interpersonal skills and ability to lead in a team
Able to establish solid relationships within the bank as well as
in the community
Excellent oral and written communication skills. Must be able to
translate CRA knowledge to someone not as well versed in CRA.
Strong analytical skills with high attention to detail and
Advanced in Microsoft Office Suite (Excel, Word, Power Point,
Experience building consensus, gaining buy-in and addressing
complex issues within all levels of an organization
Ability to accurately identify the root cause of issues and
Ability to multi-task assigned projects and daily workload while
adhering to multiple timetables of completion
Prior experience as a regulatory examiner
Prior experience effectuating Outstanding-rated CRA Program in
OCC-regulated Large Bank
All qualified applicants will receive consideration for
employment without regard to age, race, color, religion, sex,
sexual orientation, gender identity, national origin, protected
veteran status, or disability status.
Click here to download 'EEO is The Law' Self-Print Poster
Click here to download 'EEO is The Law' Supplement for Federal
Click here to download 'EEO is The Law' GINA Supplement
Posted 5 Days Ago
About Us Grow Your Career with FNBO!
FNBO started in 1857 and has grown to nearly 5,000
employees and $21 billion in assets. We are proud to serve our
customers and communities with banking offices located in Nebraska,
Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.