Community Development Lending Manager
Job Description
Location: On site at location listed in job posting.
Summary
Responsible for all aspects of community development lending and investments data collection and reporting to support the bank’s compliance with the Community Reinvestment Act (CRA); providing training and guidance to market leadership and bank staff on qualified community development lending activities; working with the Treasury Department and tax credit investment team to identify qualified community development investments that are complex and/or innovative; serving as the team lead for the bank’s CRA retail products.
Essential Duties and Responsibilities
- Manage the Community Development Loan and Investment Data Analysis and Reporting Function for the CRA team on a monthly basis via the Kadince application
- Monitor annual goals & report monthly progress to targets for the CRA Community Development Loans and Investments tests; evaluate annual goals through external benchmarks and other sources (e.g., bank PEs)
- Identify any significant gaps in Community Development Loan and Investment performance and develop strategies to achieve annual goals
- Provide monthly monitoring reports for Community Development Loans and Investments to all relevant business areas
- Oversee data gathering, analysis and reporting on all CRA related Community Development Loans and Investment activities
- Maintain the Community Development Loan portfolio monitored in the ACBS loan system and update as necessary
- Conduct community development lending training and serve as a subject matter expert for the qualifiers of Community Development Loan and Investment activities
- Assist with conducting of annual CRA performance self-assessment
- Assist with conducting of CRA examination preparation
- Participate in management of CRA examinations
- Help manage internal audits
- Maintain/manage content of CRA intranet site in conjunction with IT
- Manage the CRA programs for Individual Development Accounts and Federal Home Loan Bank grants, coordinate annual submission to Bank On National Data Hub, and complete other assigned project(s)
- Performs all other duties as assigned
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:
Bachelor (4-year college) degree and 5+ years of direct CRA experience
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
Follow Us
Facebook
X formerly Twitter
LinkedIn
Instagram
YouTube
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Location: On site at location listed in job posting.
Summary
Responsible for all aspects of community development lending and investments data collection and reporting to support the bank’s compliance with the Community Reinvestment Act (CRA); providing training and guidance to market leadership and bank staff on qualified community development lending activities; working with the Treasury Department and tax credit investment team to identify qualified community development investments that are complex and/or innovative; serving as the team lead for the bank’s CRA retail products.
Essential Duties and Responsibilities
- Manage the Community Development Loan and Investment Data Analysis and Reporting Function for the CRA team on a monthly basis via the Kadince application
- Monitor annual goals & report monthly progress to targets for the CRA Community Development Loans and Investments tests; evaluate annual goals through external benchmarks and other sources (e.g., bank PEs)
- Identify any significant gaps in Community Development Loan and Investment performance and develop strategies to achieve annual goals
- Provide monthly monitoring reports for Community Development Loans and Investments to all relevant business areas
- Oversee data gathering, analysis and reporting on all CRA related Community Development Loans and Investment activities
- Maintain the Community Development Loan portfolio monitored in the ACBS loan system and update as necessary
- Conduct community development lending training and serve as a subject matter expert for the qualifiers of Community Development Loan and Investment activities
- Assist with conducting of annual CRA performance self-assessment
- Assist with conducting of CRA examination preparation
- Participate in management of CRA examinations
- Help manage internal audits
- Maintain/manage content of CRA intranet site in conjunction with IT
- Manage the CRA programs for Individual Development Accounts and Federal Home Loan Bank grants, coordinate annual submission to Bank On National Data Hub, and complete other assigned project(s)
- Performs all other duties as assigned
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:
Bachelor (4-year college) degree and 5+ years of direct CRA experience
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
Follow Us
Facebook
X formerly Twitter
LinkedIn
Instagram
YouTube
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
About First Horizon National Corporation
First Horizon is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. With $81.7 billion in assets as of December 31, 2023, we serve clients through a team of approximately ~7,300 associates and ~418 banking centers throughout the southeastern United States. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.