Community Development Manager
Cornerstone Capital Bank
full-time
Posted on:
Location Type: Remote
Location: Texas • United States
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About the role
- Assist the Director of CRA in administering and maintaining the CRA Program and initiatives.
- Lead execution of the community development program and market performance in collaboration with business line leaders to achieve goals.
- Establish strategic partnerships with Community Development and Economic Development organizations that yield tangible opportunities for the Bank.
- Conduct annual community‑focused needs assessments, including local market conditions, CRA performance insights, and data‑driven evaluations of philanthropic impact.
- Continuously monitor federal, state, and local initiatives to anticipate shifts in public resources supporting community development.
- Identify and support community development lending, investment and service opportunities that qualify and comply with the CRA.
- Oversee the creation of an annual CRA Self Assessment.
- Represent Cornerstone Capital Bank at community events, workshops/forums, and CRA/community development related meetings to expand visibility, opportunity and impact.
- Manage Community Development Services, such as Financial Literacy events, which may include either leading or assisting with planning, coordination, and delivering the events.
- Oversee tracking of all community development activities including lending, investments and services, and monitor quarterly performance goals.
- Ensure that required CRA documentation is properly maintained and available for review by regulators, external auditors and internal audit.
- Support preparations for periodic CRA examinations conducted by the applicable regulator.
- Support CRA risk and activity reporting to the CRA Committee on a quarterly basis.
- Monitor the regulatory environment, emerging risks, and reassess the Bank’s control environment on an ongoing basis.
- Other duties as assigned by Fair and Responsible Banking and the Enterprise Risk Management teams.
Requirements
- Excellent communication (verbal and written), interpersonal, and organizational skills
- Ability to work independently with a multi-level team
- Ability to multitask and meet deadlines
- Skilled in presentations and public speaking
- This role requires a thorough understanding of the Community Reinvestment Act (CRA) and Community Development
- Associate's degree or the equivalent combination of experience, education, and training preferred
- Minimum of 5 years’ experience in community development, banking, and/or non-profit work
- Demonstrated understanding of CRA regulatory compliance and controls utilized to implement a strong framework designed around the three lines of defense model
- Strong analytical skills, with an ability to simplify data into concise, actionable reporting
- Strong analytical reasoning, problem-solving, and critical thinking skills
- Ability to apply compliance regulatory requirements to complex fact patterns and problem-solve viable solutions
- Past experience with the FDIC and/or with RiskExec/Kadince systems a plus
- Strong proficiency with Microsoft Office (Word, Excel, Outlook, PowerPoint, etc.)
- Travel required with occasionally, overnight travel, valid Driver’s License
Benefits
- Competitive salary
- Full benefits package
- Performance-based bonus
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Community Reinvestment Act (CRA)CRA regulatory compliancedata analysisreportingcommunity developmentlendinginvestmentservice opportunitiesrisk managementfinancial literacy
Soft Skills
communicationinterpersonal skillsorganizational skillsmultitaskingpresentation skillspublic speakinganalytical reasoningproblem-solvingcritical thinkingindependent work
Certifications
Associate's degree