BMO U.S. · 1 day ago
Community Development and Economic Equity Specialist
Nebraska, United States
Full-time
Onsite
Mid, Senior Level
$52K/yr - $96K/yr
4+ years expBMO U.S. is a financial institution focused on community development and economic equity. The Community Development and Economic Equity Specialist will act as a Subject Matter Expert for Community Development Activities, supporting business development strategies and driving equitable access to capital and advisory solutions for underserved communities.
Banking
Responsibilities
Capture, qualification and documentation of community development services for CRA and other internal initiatives as needed:
Identify, qualify and document community development services within the volunteerism management system
Review and decision volunteer activities for CRA qualification
Gather documentation that supports the qualification in a consistent and thorough format
Track CD services within internal data repository ensuring data accuracy
Streamline internal processes and technology keeping in mind current CRA rule
Provide reporting stream to lines of businesses
Develop CD Services reporting, including development of annual goals in collaboration with the CRA Outreach Team
Responsible for the development and fulfillment of ad hoc reporting as needed
Responsible for the development and maintenance of CD Services procedures
Other tasks as assigned by manager
Coordinate and develop examination documentation; respond to examiner inquiries; work with lines of business to produce data documentation; and work with the CRA Governance team to coordinate exam specific information as it relates to CRA
Develop the CD Services Performance Contexts for each identified assessment area in partnership with the CRA Strategy and Initiatives Manager
Conduct market and industry research to identify prospective clients and growth segments within the diverse business community
Track and analyze pipelines, referral sources, and deal flow to help optimize business development performance
Support prospect outreach through preparation of client profiles, pitch materials, and opportunity summaries
Maintain a database of diverse-owned businesses and community partners to drive targeted engagement
Assist in evaluating financial statements and credit metrics for prospective clients
Prepare dashboards and reports that track client activity, portfolio diversity, and relationship manager performance
Partner with analytics and credit teams to model potential revenue, deposits, and lending outcomes
Support execution of the team’s annual business plan and community engagement goals
Collaborate on the development of programs and partnerships that expand banking access for underrepresented entrepreneurs
Create presentation materials for internal and external meetings, including leadership updates and client proposals
Coordinate meetings, follow-ups, and documentation to ensure efficient project and relationship management
Act as a backup and quality reviewer for CD Loan and Investment Activities
Qualification
Required
Strong attention to detail
Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
Technical proficiency gained through education and/or business experience
Verbal & written communication skills - In-depth
Collaboration & team skills - In-depth
Analytical and problem-solving skills - In-depth
Relationship management support
Data driven decision making - In-depth
Strong understanding of the Community Reinvestment Act with a focus on Community Development Activities and qualification
Thorough knowledge of risk/compliance/audit practices
Strong Excel, Word and PowerPoint skills
Preferred
Knowledgeable in PowerBI, Tableau, Salesforce and other reporting technologies
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO U.S.
We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Mike Morton
Vice Chair U.S. Commercial Banking
Recent News
2025-10-16
2025-09-23
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