Principal - CRA Compliance (Richmond, VA) Job at Atlantic Union Bank, Glen Allen, VA

  • Atlantic Union Bank
  • Glen Allen, VA

Job Description

Sub-Family DefinitionCommunity Reinvestment is responsible for supporting the organizational community presence strategy, activities, and reporting to ensure compliance, strengthen community impact, and promote fair and equitable access to financial services. Activities may include:Collecting, validating, and analyzing community reinvestment related data.Monitoring community development lending, investments, and services.Preparing regulatory reports and examination materials.Implementing processes and controls that ensure accurate tracking of community reinvestment eligible activities.Collaborating with business units to identify community development opportunities.Supporting outreach efforts with nonprofit organizations, community partners, and local stakeholders.Career Specialization DefinitionCRA Compliance is responsible for ensuring organizational compliance with Community Reinvestment Act (CRA) requirements and supporting strategies that promote community development and responsible banking practices. Activities may include:Monitoring regulatory requirements and emerging guidanceAssessing CRA performance and reporting obligationsConducting risk assessments and control reviewsSupporting examinations and regulatory interactionsProviding guidance to business partners regarding CRA requirementsDeveloping policies, procedures, and training programsOther duties as assignedCareer Level DefinitionRecognized subject matter expert in a job area typically obtained through advanced education and work experience. Responsibilities typically include:Managing large projects or processes with limited oversight from manager.Coaching, reviewing and delegating work to lower level professionals.Problems faced are difficult and often complex.Knowledge & ExperienceBachelor's Degree required; equivalent combination of education and experience may be consideredTypically requires 6 - 8+ years prior experience, with deep knowledge of job areaCompensation offered will be based on a variety of factors, including but not limited to education, work experience, skills, certifications, and geographic location, etc.Eligible teammates may participate in a comprehensive benefits package that includes medical, dental, vision, life insurance, disability coverage, paid time off, retirement savings through a 401(k) plan, wellness resources, and other programs designed to support teammates' health and financial well-being, subject to plan terms and eligibility requirements. In addition, certain positions may be eligible for incentive compensation, bonuses, or other variable compensation, subject to applicable plans and performance criteria. General information on our comprehensive benefits package can be found by visiting Employee Benefits | Banking Career Benefits | Atlantic Union BankWe are proud to be an Equal Employment Opportunity employer. We maintain a drug-free workplace.Job SummaryRequisition Number: PRINC010401Job Category: Enterprise Banking OperationsSchedule: Full-Time

Job Tags

Full time, Work experience placement, Local area

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