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Rockland Trust · 4 months ago

CRA & Community Development Reporting Officer

Boston, MA, United States

Full-time

Onsite

Mid Level

$130K/yr - $145K/yr

3+ years exp

Rockland Trust is a community-focused bank, and they are seeking a CRA & Community Development Reporting Officer to support their Community Reinvestment Act program. This role involves assisting in the collection and reporting of community development loans, investments, and services, while ensuring compliance with relevant regulations and facilitating regulatory examinations.

Payments

Responsibilities

Assist the Director in developing and executing processes designed for the collection and reporting of required data under the CRA, including loans, deposits, investments, donations and services

Assist the Director in keeping abreast of CRA reporting laws and regulations, monitor changes in laws, regulations and examination trends through external regulatory services

Responsible for reporting reviews of business unit policies and procedures as related to the Director

Assume responsibility for tracking and reporting of bank employee volunteer activities, with particular emphasis on CD qualified services

Conducts ongoing compliance monitoring and in-depth file testing of CD loans

Assists in review and updating of risk assessments related to CD performance to identified findings or process deficiencies

Under the advisement of the Director, serves as the primary liaison between the bank and 3rd party vendors relating to CD reporting software

Assist with regulatory examinations and internal and/or external audit requests, including requesting and preparing materials, arranging logistics, coordinating meetings, facilitating communication; and developing responses

Assist in the preparation of presentations (both verbal and written) and give presentations to internal and external risk stakeholders (e.g., FDIC, Massachusetts Division of Banks, and Internal Audit) during relevant reviews

Participate in Fair and Responsible Banking Committee Meetings – serve as the CRA Department representative in presenting aspects of CD reporting at meetings

Build and maintain relationships with key stakeholders and business partners and maintain open communications with assigned business unit managers and regional teams

Engage with external community and trade groups, which may include serving on the board or directors/trustees

Perform community development service hours on behalf of the bank

Periodically attend seminars and/or meetings of external compliance networks and associations

Assumes additional responsibilities as requested