Community Development Officer jobs in United States
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Investar Bank, National Association · 1 month ago

Community Development Officer

Investar Bank, National Association is seeking a Community Development Officer to lead strategies that support the fulfillment of the bank’s CRA Business Plan. This role focuses on developing partnerships and identifying opportunities that provide affordable housing, promote economic development, and support low/moderate income communities.

BankingFinancial ServicesVenture Capital

Responsibilities

Establishes strategic partnerships with Community Development and Economic Development organizations that yield tangible CRA opportunities for the bank
Identifies and supports community development lending and investment opportunities that:
• Provide affordable housing
• Revitalize or stabilize underserved communities
• Promote economic development for small business
• Create jobs for LMI individuals
• Provide social services to LMI individuals and communities
Identifies opportunities to provide financial literacy training and engages/enlists the assistance of employee volunteers within the various sub-markets
• Supports the Bank’s philanthropic efforts through charitable giving and employee volunteerism in the designated market area. Works closely with the Accounting department, Marketing Officer and CRA Officer to review the Charitable Giving budget and periodically assess areas needing additional contributions and provides recommendations
• Supports the culture and brand strategies of market leadership Business Unit Leaders as well as Back Office department managers to coordinate and document employee volunteerism
• Identifies assesses the financial service needs of LMI geographies; develops and implements strategies that help meet the credit needs via bank products and services with a targeted focus in markets where the CRA Officer has identified a need for additional resources to improve the outcomes of our efforts to meet the objectives to support the fulfillment of the Bank’s CRA goals
• Increases the bank’s visibility and commitment to community development through outreach activities that engage all applicable areas, markets and departments of the bank
• Identifies business development and partnership opportunities for the Banks’s business lines, i.e. the local chambers and small business lending consortia’s, community development organizations including for profit and nonprofit organizations, small home builders, and organizations that provide social services to LMI individuals and communities etc
• Responsible for initial review, vetting, reporting and obtaining approval from the Investar Bank CRA Officer in advance of any expenditures and most importantly for tracking employee volunteerism so the bank can recognize individuals who make extraordinary effort and commitment to fulfill CRA goals
• Assists with identifying non-profit service providers for CRA Community Impact grant funding and corporate sponsorships, including conducting the initial due diligence, as well as evaluating social impact of the service provided; assist the Bank’s CRA Officer with collection of additional data/documents as may be required for periodic regulatory review
• Identifies financial literacy training and/or strategic partnership opportunities that would deploy Market employees across line of business and back-office personnel to volunteer and assist with the delivery this training
• Supports various Retail and Commercial teams as well as the Bank’s CRA Officer, and Marketing Director with volunteer activities within the assigned assessment area(s), including monitoring the logging of volunteer hours, (CRA-related and non-CRA related)
• Identifies community development, volunteer or board opportunities for Regional Presidents, Commercial/Retail Market Managers and Back-office staff, including service on non-profit boards, finance committees, or in a development/grant writing for non-profit organizations
• Ensures that own work is in compliance with all applicable laws, regulations, policies and guidelines
• Perform all other duties as assigned

Qualification

Community Development KnowledgeFinancial Literacy TrainingRelationship ManagementPublic SpeakingMS Office ProficiencyLending Principles KnowledgeAnalytical SkillsTeam CollaborationIndependent WorkEffective Communication

Required

Bachelor's Degree or equivalent work experience required
5+ years' experience in banking, and/or non-profit work
Previous experience networking with and generating loan volume from non-profit institutions
Knowledge of affordable housing and economic development opportunities and programs
Superior communication skills (oral/written) and comfortable with public speaking
Ability to develop and maintain internal and external relationships
Ability to provide Financial Literacy Training classes
Work independently in a fast-paced environment with minimum supervision
Must have flexible schedule and be available to participate in outreach activities that will be conducted in the evening and/or on weekends
Travel required with occasional, overnight travel; valid Texas, Louisiana or Alabama Driver's License is required
Proficient in MS Office products (Word, Excel, Power Point)
Proficient in call reporting software
Thorough knowledge of personal computers with intranet and internet access and office equipment operation
Thorough knowledge of lending principles, practices, rules, regulations, and sales
Knowledge of industry compliance requirements
Ability to effectively plan, lead and manage to assure successful completion of the departmental sales and service goals and bank objectives
Ability to communicate effectively both verbally and in writing
Ability to establish and maintain effective working relationships with a diverse group of people including vendors and other bank employees
Ability to act independently and confidentially, using discretion and tact
Ability to analyze situations and recommend workable solutions
Ability to coordinate a variety of activities simultaneously and prioritize work
Ability and desire to work in a team environment
Ability to work under stress and meet deadlines
Ability to operate a keyboard if required performing the essential job functions
Ability to read and interpret a document
Ability to travel if required to perform the essential job functions
Ability to lift/move/carry approximately 20 pounds if required to perform the essential job functions

Company

Investar Bank, National Association

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Some may call it exceptionally brilliant, but to us, it’s just banking the way it should be.

Funding

Current Stage
Public Company
Total Funding
$107.5M
2025-07-01Post Ipo Equity· $32.5M
2022-04-19Post Ipo Debt· $20M
2019-12-20Post Ipo Equity· $30M

Leadership Team

C
Corey Moore
Deputy Chief Financial Officer | EVP
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Jeffery Blum
Chief Banking Officer - EVP
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Company data provided by crunchbase