Central Bancompany Saint Louis , MO 63150
Posted 2 weeks ago
This position will have an origination focus on St. Louis or in Illinois.
POSITION SUMMARY:
The CRA Originator coordinates and implements pilots or other programs to assist special interest groups with home ownership programs in conjunction with Central Bank.
The individual in this position must have a thorough understanding of the Community Reinvestment Act and related regulations and conduct relationships and activities consistent with established Bank policies, procedures and systems, the corporate code of conduct, Bank Secrecy Act and all applicable State and Federal laws and regulations.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Responsible for developing, educating, implementing, and fostering relationships with various community groups, government agencies and local municipalities to create and preserve affordable housing for low to moderate income candidates and to initiate and support neighborhood revitalization.
Provide avenues or training for credit counselling, financial literacy, and other related educational programs.
Working knowledge of the Community Reinvestment Act and related regulations.
Manages all CRA loans or specialized programs. Creates, develops, and implements efficient and effective procedures to assist in the origination, processing, underwriting, and closing of specialized loans.
Ensures legal/regulatory procedures are followed and compliance practices meet all Federal and State standards.
Develops Partnerships with local community members who are tied to target groups of low to moderate income residents e.g., non-profit organizations, government agencies, community development corporations and local groups and associations.
Central Bancompany