CRA Officer/Compliance Analyst

Summary: This position is responsible for assisting the Compliance Officer in developing, implementing, and administering all aspects of the bank's Community Reinvestment Act Compliance program. This includes establishing, participating, and maintaining relationships with community-based charitable and non-profit organizations. The CRA Officer/Compliance Analyst will help develop and implement programs to ensure the bank meets the needs of the community and attains CRA compliance goals. The CRA Officer/Compliance Analyst will work with the Compliance Officer to advise the Executive Management Group of emerging CRA issues to ensure objectives are maintained.

Key Responsibilities:

· Collaborate with the Compliance Officer to develop and enhance the bank's current CRA compliance culture with a growth mindset.

· Prepare periodic monitoring reports for Executive Management and the Compliance Committee to document progress in CRA Community Development.

· Coordinate data collection from the bank to ensure that all CRA loan, service, and donation related documentation is captured, maintained, and is current.

· Partner with Marketing regarding promotion of the bank's products and services. Review advertising/marketing collateral and provide feedback to ensure compliance.

· Perform periodic reviews of the bank's assessment areas to ensure reasonableness of the delineation.

· Maintain relevant CRA reports and files (i.e., CRA Public File) including all supporting documentation.

· Assist the Compliance Officer with external auditors and examiners for CRA related reviews.

· Assist the Compliance Officer in preparing documentation for external audit firms and for regulatory exams.

· Prepare, analyze, and monitor bank's statistics to determine adequate loan penetration of LMI households and small businesses.

· Seek opportunities and establish connections for the various bank markets to help increase the bank’s CRA efforts; communicate this information to the CRA Committee.

· Work with the Compliance Officer and Executive Management to identify lending and investment programs that help meet the lending needs of LMI households.

· Stay abreast of changes in deposit and lending regulations and guidelines as related to CRA and other laws and regulations.

· Complete regularly scheduled compliance training including specialized CRA training off-site.

· Assist with special projects as needed.

· Other tasks as assigned.

Supervisory Responsibilities: None

Qualifications:

· Strong understanding of banking guidelines; thorough knowledge of internal structure and function of all areas in the bank.

· Able to make appropriate judgments based on Bank policy and procedures.

· Demonstrates commitment to Bank values and high ethical standards.

· Strong verbal and written communication skills. Ability to prepare and present complex regulatory issues clearly.

· Strong organizational and time management skills.

· Strong analytical, research and problem-solving skills.

· Ability to work independently and in a team environment.

· Able to remain unbiased and objective despite outside influences.

· Proficient in Microsoft Office applications including Word, Excel, and PowerPoint.

Education and/or Experience:

· Bachelor’s degree in business, finance, accounting, or related field preferred.

· 1-5 years banking experience and 1-3 years’ experience with CRA also preferred.

· Equivalent combination of education and experience.

Certificates, Licenses, Registrations: None

Work Environment:

· This position will include working remotely and, in a SB&T office.

Job Type: Full-time

Pay: $50,000.00 - $62,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift

Ability to commute/relocate:

• Sturgis, MI 49091: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Microsoft Powerpoint: 1 year (Preferred)

Work Location: Hybrid remote in Sturgis, MI 49091

Salary : $50,000 - $62,000