The primary contribution of this position is to oversee government program applications, related reporting requirements and analysis of and monitoring of the impact of FSWB on its communities. The position will play an integral role in the US Treasury programs relevant to the Community Development Financial Institution Fund. This position will be responsible for creating strategy that best ensures long-term success of the Bank’s utilization of the CDFI designation.
- Identify CDFI and other funding sources.
- Responsible for timely and accurate preparation and filing of funding applications.
- Perform analysis and reporting of bank data related to its community impact and required measurements required for all funding programs.
- Follow CDFI updates to ensure we stay relevant, compliant, and competitive.
- Monitoring and compliance with ECIP (Emergency Capital Investment Program) objectives.
- Financial and operational analysis as necessary for understanding and direction of Bank service efforts.
- Assist in the identification, development and communication of strategies to facilitate compliance with funding source requirements.
- Strategize and complete annual CDFI Recertification for FSWB and FSWBI, which includes:
- Monthly tracking of financial counseling.
- Annual geocoding of the entire portfolio and new originations as well as sorting of these activities.
- Requesting and ensuring accuracy of necessary financial inputs.
- Uploading and submitting in AMIS.
- Research and lead funding applications for FSWB, as well as handle ongoing compliance. These awards may include:
- (Federal Home Loan Bank) Affordable Housing Program
- (CDFI Fund) Bank Enterprise Award Program
- (OEDIT) Colorado Agriculture Loan Program
- (CDFI Fund) Capital Magnet Fund
- (USDA) Community Facilities Program
- (Treasury) Emergency Capital Investment Program (ECIP)
- (CDFI Find) Financial Assistance Award
- (CDFI Fund) Equitable Recovery Program
- (NCIF) NCIF Cares
- (CDFI Find) Rapid Response Program
- Lead efforts for annual impact report – selecting which programs and customers to highlight, collecting proper releases, directing marketing needs, drafting narratives, and copy editing.
- Strategize, implement, and oversee impact data collection which will be crucial to the ECIP Rate Reduction.
- Maintain the following accounts:
- Create presentations and materials as needed for the CEO and CDO.
- Provide analysis and strategic direction for sponsorships and donations, which may require using Banktel.
- Special Projects as determined by the CEO.
- Create collaborative relationships with CDFI loan funds, CDFI banks, Community Development Bankers Association, Federal Home Loan Bank and others that can be used as subordinate lending partners.
- Cultivate relationships with state contacts that can potentially open the door to funding opportunities and participations, such as USDA, OEDIT and Regional BLFs.
- Conduct advocacy and education with elected officials.
- Assist with marketing and communications related to CDFI initiatives, including attending monthly marketing meeting.
- As time permits, help with FSWCF Funding, which may include:
- (USDA) IRP
- (USDA) RBDG
- (USDA) RMAP
It is the responsibility of all employees to make all reasonable efforts to identify suspicious cash activity which may be associated with customer attempts to avoid the reporting requirements of the BSA or government or federal tax reporting, as well as potential money laundering resulting from criminal / illegal activities. All suspicious activity, regardless of the amount involved in the transaction, must be reported to a supervisor or Branch Manager for further investigation and possible reporting by the Bank Secrecy Officer to the Financial Crimes Enforcement Network (FinCEN).
No director, officer, employee, or agent who reports a suspicious transaction under the requirements of the BSA may notify any person involved in the transaction that the transaction has been reported.
Each employee of the bank shall be required to complete Bank Secrecy Act / Suspicious Activity training periodically which is commensurate with the duties of their position.
- Strategic thinking, strong written and oral communication skills, research and analysis, ability to collaborate, understand organizational change, awareness of the financial or developmental needs of underserved populations;
- Experience with public/private partnerships; bureaucratic experience; financial or lending acumen in nontraditional contexts.
- Prefer previous experience with CDFI Program
- High school diploma and two years of relevant work experience
- College degree preferred
- Individual must be a self-starter and able to complete tasks with limited supervision.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Regularly required to talk or hear; frequently required to use hands or fingers, handle or feel objects tools or controls. Occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. Must occasionally lift and/or move up to 20 pounds. Specific vision abilities required include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate. Depending on location and time of year, extreme high and low temperatures within the building will be experienced.