CRA Business Development Director Salary in Virginia

The CRA Business Development Director ensures company visibility is established in the area and promotes relationships with groups, agencies and organizations in the community to identify lending and other business development opportunities. Manages community/economic development activities and initiatives for a key business market area. Being a CRA Business Development Director actively monitors public programs that support community development initiatives. Explores and evaluates the current and future credit needs of the community and develops a strong understanding of the local issues and needs. In addition, CRA Business Development Director initiates policy changes or enhancements to ensure compliance with Community Reinvestment Act (CRA) and other regulations. Makes recommendations to increase lending activity. Requires a bachelor's degree. Typically reports to top management. The CRA Business Development Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Working as a CRA Business Development Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)

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