Community Development Loan Officer oversees the bank's CRA Programs and policies to ensure compliance with federal Community Reinvestment Act banking regulations to meet the credit needs of the area's low to moderate-income populations. Serves as the subject matter expert of CRA laws, rules, and regulations by maintaining a deep and up-to-date knowledge of regulatory requirements, proposed legislation, and announcements. Being a Community Development Loan Officer reviews and analyzes lending activity data and practices to ensure compliance with CRA policies. Develops, implements, and administers the overall corporate CRA plan and localized or remedial plans with guidelines and standards to assist with compliance. Additionally, Community Development Loan Officer advises management and coordinates with legal staff on the potential impact of actions. Coordinates and delivers reports to bank leadership and regulatory agencies. Ensures the bank has a positive and visible role in community economic development activities, events, and initiatives. Requires a bachelor's degree or equivalent. Typically reports to a director. The Community Development Loan Officer work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Community Development Loan Officer typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)
At Blue, we discover pathways to realize your possibilities. Our Loan Officer is responsible for building and strengthen relationships with current members and prospects within our communities. This position is accountable for delivering product and service solutions to support needs of our membership. Accountable for improving wallet share through proactive inbound and outbound call efforts and ensuring a quality member experience through our service delivery. This position is primarily responsible for handling service requests, taking telephone loan applications, and supporting contact center functions in accordance with established policies, procedures, and regulations.
This position will also focus on:
EXPERIENCE: Three years to five years of similar or related experience, including preparatory experience.
EDUCATION/CERTIFICATIONS/LICENSES: A college degree or 5 years of experience in lieu of degree.
INTERPERSONAL SKILLS: A significant level of trust, credibility and diplomacy is required. In-depth dialogue, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature. Communications may involve motivating, influencing, educating and/or advising others on matters of significance. Typically includes subject matter experts as well as first level to middle managers.
Full Time Position
Compensation Range: $19.95 - $29.92
Eligibility for employment is dependent on bondability, background and credit check.
For more information about the Blue culture, please check out these links for a glimpse at the culture we strive to exceed for our employees and members:
Culture BluePrint and Working at Blue