Senior Manager, CRA Risk Management

Welcome to Capital One, a leading financial institution dedicated to empowering individuals and businesses to achieve their financial goals. We are currently seeking a highly skilled Senior Manager to join our team as the CRA Risk Management lead. In this role, you will have the opportunity to use your expertise in risk management and regulatory compliance to ensure that we are meeting the requirements of the Community Reinvestment Act (CRA). As a member of our dynamic and collaborative team, you will play a crucial role in driving our success and making a positive impact on the communities we serve. If you are a driven and experienced individual with a strong understanding of CRA regulations and a passion for promoting financial inclusion, we invite you to apply for this exciting opportunity.

1. Develop and implement strategies to ensure compliance with the Community Reinvestment Act (CRA) and other relevant regulatory requirements.
2. Monitor and assess the organization's CRA performance and identify areas for improvement.
3. Serve as the primary point of contact for CRA-related inquiries from internal and external stakeholders.
4. Collaborate with cross-functional teams to develop and maintain policies and procedures related to CRA risk management.
5. Conduct regular training and awareness programs to promote understanding of CRA regulations and their impact on the organization.
6. Stay updated on changes in CRA regulations and proactively communicate any potential impacts to relevant stakeholders.
7. Conduct internal audits to assess compliance with CRA regulations and identify any areas of non-compliance.
8. Work closely with community organizations and partners to identify and execute initiatives that promote financial inclusion and meet CRA requirements.
9. Prepare and present reports on CRA performance to senior management and regulatory agencies.
10. Provide guidance and support to other teams and departments to ensure their activities align with CRA regulations.
11. Foster a culture of compliance and ethical behavior within the organization.
12. Represent the organization in CRA-related meetings and events.
13. Participate in industry forums and conferences to stay informed about best practices and trends in CRA compliance.
14. Lead and manage a team of professionals responsible for CRA risk management.
15. Continuously improve and streamline processes related to CRA risk management to enhance efficiency and effectiveness.

According to JobzMall, the average salary range for a Senior Manager, CRA Risk Management in Plano, TX, USA is $127,000-$180,000 per year. This may vary depending on the specific company, years of experience, and other factors such as education and certifications.

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia. Capital One is ranked 11th on the list of largest banks in the United States by assets.