How to Become a Community Development Compliance Specialist

Step 1: Understand the job description and responsibilities of a Community Development Compliance Specialist

What does a Community Development Compliance Specialist do?

A Community Development Compliance Specialist ensures the organization's adherence with Community Reinvestment Act (CRA) banking laws. Reviews and analyzes lending activity data as well as other activities and policies of the organization to ensure compliance with CRA policies. Being a Community Development Compliance Specialist coordinates the preparation of required government, regulatory, and other compliance documents for all community development activities. Advises management and coordinates with legal staff on potential impact of actions. Additionally, Community Development Compliance Specialist develops and recommends guidelines and standards to assist with compliance. Has current and extensive knowledge of all CRA regulations and policies. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Community Development Compliance Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Community Development Compliance Specialist typically requires 2 to 4 years of related experience.

People's Opinions on Community Development Compliance Specialist responsibilities

The Community Development Compliance Specialist’s position requires at least a bachelor’s degree in management, government or some related area and two to four years of experience in the field or a related area.

01/19/2020: Jackson, MS

A community development compliance specialist is responsible for coordinating various groups and organizations toward completion of a specific goal or goals.

02/02/2020: Rochester, NY

In that process, the specialist will see that there is compliance to documentation required by government regulatory agencies.

12/05/2019: Idaho Falls, ID

The best known community development specialists today are congressmen, presidents, governors, mayors and other positions of what we know as civil reformers.

12/13/2019: Grand Rapids, MI

If you were hiring a person for this job As Community Development Compliance Specialist, what would you look for.

01/05/2020: Temple, TX
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Step 2: Learn best tips to become a Community Development Compliance Specialist

Best tips for those who want to become a Community Development Compliance Specialist

Here are some tips to become a Community Development Compliance Specialist.

Step 3: View best colleges and universities for Community Development Compliance Specialist

Best colleges and universities for Community Development Compliance Specialist

  • Florida Southern College
  • Colby College
  • Dartmouth College
  • University of Notre Dame
  • Western Washington University
  • Canisius College

Step 4: Think about whether is it worth to be a Community Development Compliance Specialist

Is being a Community Development Compliance Specialist Worth it?

People's Opinions on lifestyles

This position requires compliance with MSHS’ compliance standards, including the Code of Conduct, Compliance Program, and policies and procedures.

02/18/2020: Richmond, VA

Experience supporting and driving housing and community development compliance projects.

12/06/2019: Newark, NJ

In the Department of Economic and Community Development, this class is accountable for acting as a working supervisor and/or performing the most complex tasks….

12/13/2019: Lebanon, PA

View all New York State Homes and Community Renewal jobs in New York, NY - New York jobs.

12/22/2019: Twin Falls, ID

The Community Development Compliance Specialist’s position requires at least a bachelor’s degree in management, government or some related area and two to four years of experience in the field or a related area.

01/26/2020: Middlesex, NJ
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Step 5: Prepare relevant skills for being a Community Development Compliance Specialist

What skills do you need to be a Community Development Compliance Specialist?

There are skills required to succeed in every role, and this one is no different.  Strategic knowledge of the follow skills will be required: Compliance Management, Internal Controls, Regulatory Reporting, CRA Compliance.  For success, a grasp of the following is key: Banking Software, Governance, Risk & Compliance Software.  Your ability to stand out from the competition depends on these skills, as well as your resume, interview, and other factors.

People's Opinions on Community Development Compliance Specialist skills

Advanced knowledge of community development, economic development and municipal capital project planning.

02/22/2020: Kingsport, TN

Demonstrated knowledge of business development, community and/or economic development, grant administration, and project management.

01/21/2020: Macon, GA

Have you ever you have been in a position As Community Development Compliance Specialist where you've had to fire someone? How did you feel about that experience.

02/21/2020: Wichita, KS

While your CV will say a lot about your work history As Community Development Compliance Specialist, the interviewer will most likely look for greater detail with questions such as this.

01/20/2020: Springfield, MO

A typical interview question to determine what you are looking for your in next job, and whether you would be a good fit for the position being hired for, is “What challenges are you looking for in a position As Community Development Compliance Specialist?” The best way to answer questions about the challenges you are seeking is to discuss how you would like to be able to effectively utilize your skills and experience if you were hired for the job.

02/14/2020: Spartanburg, SC
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Step 6: View average salary for Community Development Compliance Specialist

How much does a Community Development Compliance Specialist make?

The average salary range for a Community Development Compliance Specialist is from $56,644 to $91,886. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for a Community Development Compliance Specialist
$56,644 to $91,886

Step 7: Find relevant Community Development Compliance Specialist jobs, and apply.

Looking for Community Development Compliance Specialist jobs?

Here are some Community Development Compliance Specialist jobs in the United States.

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Step 8: Explore Career Path of Community Development Compliance Specialist

Step 8: Explore Career Path of Community Development Compliance Specialist? Community Development Compliance Specialist