CRA Officer jobs in United States
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Ford Motor Company · 14 hours ago

CRA Officer

Ford Motor Company is a global leader in the automotive industry, seeking a CRA Officer to develop and lead the CRA Program of their new bank. The role involves ensuring compliance with the Community Reinvestment Act, monitoring community needs, and managing community development activities.

AutomotiveAutonomous VehiclesManufacturingTransportation
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Responsibilities

Development of the Bank’s CRA program and its plan for meeting the credit needs of its community, and the execution thereof; you will submit at least an annual assessment against the goals of the CRA Plan to the CRA Committee, with the Committee to report the results of that assessment to the Board. The CRA Officer will also provide a report at each meeting of the CRA Committee of CRA-related activities that have occurred since the prior report to the CRA Committee
Responsible for monitoring the community development activities and assessing the needs of the community. Working with members of Management, the Board, and active community groups, the CRA Officer is expected to take the lead in developing the CRA Plan and submitting it for approval
Advise Management on CRA opportunities and strategies and monitor the Bank’s progress toward meeting this Plan and subsequent targets established in the Plan
Direct the Community Development loans and investment portfolio, including identification of opportunities focused on CRA loans and investments consistent with the Bank Community Development objectives, and overseeing and directing the origination, servicing and allocation of loan and investment funds within the portfolio
Lead Community outreach and Identification of CRA pertinent needs of our assessment area; Through contact with government officials and community leaders in the bank’s CRA assessment area, identifies credit and services needs within the community and works with senior management to develop programs and sets goals to meet such needs as are identified, within the context of the bank’s business model and peer performance
Responsible to evaluate, and adjust, as appropriate, the Program in light of any relevant changes in the needs of the community in which the Bank serves and consistent with the purpose of the Bank and the goals and objectives described in the CRA Plan
Maintenance and management of CRA recording/reporting systems; Creates, updates, and maintains continuous records of CRA qualified products delivered, loans applied for and granted, and services provided within the CRA assessment area to facilitate periodic review of the bank’s CRA compliance level and CRA performance
Updates the CRA Public File as of April 1st of each year. The public file shall contain:
All written comments received from the public for the current year and each of the prior two calendar years that specifically relate to the Bank’s performance in helping meet community credit needs
All responses made by the Bank to written comments made by the public
Within 30 days of receipt, a copy of the public section of the Bank's most recent CRA performance evaluation
A list of services (including hours of operation, available products, and applicable fees) offered by the Bank
A map of the Bank’s assessment area
Any additional information, as applicable. as needed
The Bank CRA Officer, in collaboration with the CCO and the Training program set forth within the Bank Compliance Management System, must conduct periodic training on employee responsibilities under the Program. The Bank CRA Officer, in conjunction with the Bank CCO, is required to retain records of training activities and records of all crimes against the Bank
Ongoing monitoring of and reporting on the bank’s CRA performance and compliance standing; Maintains an ongoing monitoring program which will provide management with timely information about the bank’s CRA compliance position and gaps in CRA delivery of services, products, and investments to allow management to modify its goals and activities as required to maintain a Satisfactory CRA compliance rating
Travel to main office locations at least 20% of the year

Qualification

CRA regulatory complianceCommunity development experienceVendor managementFinancial institution experienceDecision-making skillsAttention to detailCollaboration skillsCommunication skills

Required

Bachelor's degree in business administration or related field
Ten or more years of demonstrated strong CRA performance experience, deep knowledge of CRA regulatory compliance requirements
Seven or more years of related financial institution or regulatory experience
Skill in the selection, development and management of vendors and community partners
Attentive to deadlines and detail
Effective decision-making and problem-solving skills

Preferred

Strong collaboration/cooperation skills
Strong oral and written communication skills
Successfully interact with and influence senior leadership, including executive management

Benefits

Immediate medical, dental, vision and prescription drug coverage
Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
Vehicle discount program for employees and family members and management leases
Tuition assistance
Established and active employee resource groups
Paid time off for individual and team community service
A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
Paid time off and the option to purchase additional vacation time.

Company

Ford Motor Company

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We don't just make history -- we make the future.

Funding

Current Stage
Public Company
Total Funding
$16.23B
Key Investors
US Department of EnergySoros Fund Management
2025-07-29Post Ipo Debt· $3B
2023-08-17Post Ipo Debt· $4B
2023-06-22Debt Financing· $9.2B

Leadership Team

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James Farley
Chief Executive Officer
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Efrat Barit
COO
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Company data provided by crunchbase