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Company: Valley Bank
Location: Morristown, NJ
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include but are not limited to:

  • Assist in the oversight, management, and compliance of the Bank's CRA and CSR Program.
  • Act as a subject matter expert in CRA matters through understanding of the current CRA Rule, CRA Q&A's, and proposed CRA Final Rule.
  • Work closely with internal departments, including Retail, Residential Mortgage, Business Banking, and Commercial Lending to align community reinvestment efforts with overall business objectives.
  • Act as a liaison with internal and external stakeholders to create engagement opportunities, including volunteer activities and identifying nonprofit board and committee opportunities for Valley associates.
  • Foster and maintain relationships with local community organizations, nonprofits, CDC's, CDFI's, and other relevant stakeholders to identify community needs and opportunities for engagement for investment.
  • Assist in the preparation and presentation of key data and reporting related to the effectiveness and impact of Valley's CRA and CSR programs.
  • Review Community Development loans, investments, and services for CRA qualification.
  • Assist with the allocation of grants and donations to nonprofits and community organizations to ensure the effective use of funds; perform due diligence on grant applications and recipients.
  • Coordinate and maintain Federal Home Loan Bank Affordable Housing Program (AHP) application processing and project fulfillment, and New Jersey Neighborhood Revitalization Tax Credit (NRTC) program.
  • Develop and maintain our library of financial education (and similar) presentations.
  • Train internal stakeholders to ensure understanding of CRA and how it applies to their businesses and departments.
  • Parter with business lines to support and/or lead business development opportunities. Develop and maintain relationships with partner organizations to support joint initiatives and resource sharing.
  • Maintain a strong industry network and participate in industry organizations. Collaborate with program staff to support the development and implementation of community-based programs and services.
  • Assist in the review and update of existing Policies and Procedures, Public File, and CSR Report.
  • Develop and implement comprehensive community outreach plans to raise awareness of the organization's mission and programs.
  • Organize and participate in community events, workshops, and meetings to engage with community members and promote the organization's initiatives.


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