JPMorgan Chase - Columbus, OH

posted 5 months ago

Full-time
Columbus, OH
Credit Intermediation and Related Activities

About the position

The Community Reinvestment and Community Partnerships (CRCP) team is responsible for engaging with various lines of business to provide strategic direction to meet the firm's Community Reinvestment Act (CRA) obligations. This includes collecting and reporting CRA-eligible activity, responding to regulatory requests, and advocating for CRA policy. As a Community Reinvestment Act Qualification Manager within our dedicated CRA team, you will lead a team tasked with conducting transaction-level reviews of loans and investments to ascertain and document CRA eligibility. Your role will require strong leadership skills, a deep understanding of CRA requirements, and prior experience leading an operational team in a highly regulated setting. Reporting directly to the CRA Program and Exam Management Director, your role will be pivotal in ensuring compliance and operational efficiency. In this position, you will lead a team responsible for the review of community development loans and investments to determine CRA-eligibility. You will ensure that the documentation prepared by your team is materially complete, accurate, and effectively captures the impact of CRA activities in a way that maximizes the bank's CRA outcomes. Engaging with CRA-contributing line of business partners will be essential to provide guidance on CRA-eligibility and to ensure that necessary documentation is provided for review. You will also ensure readiness for, and adherence to, regulatory reporting requirements, including CRA Performance Exams, Data Integrity Reviews, and Annual Submissions. Additionally, you will provide responses to regulatory exams and internal oversight requests as applicable. Your responsibilities will also include leading and contributing to projects and initiatives related to CRA qualification and reporting, as well as supporting process enhancements to drive operational efficiency and account for changes in regulatory requirements. This role is critical in maintaining the integrity of the CRA program and ensuring that the organization meets its obligations under the law.

Responsibilities

  • Lead team responsible for review of community development loans and investments to determine CRA-eligibility
  • Ensure documentation prepared by the team is materially complete, accurate and captures impact of the CRA activities in a way that maximizes the bank's CRA outcomes
  • Engage with CRA-contributing line of business partners to provide guidance on CRA-eligibility and to ensure necessary documentation is provided for review
  • Ensure readiness for, and adherence with, regulatory reporting requirements, including CRA Performance Exams, Data Integrity Reviews and Annual Submission
  • Provide response to regulatory exams and internal oversight requests, as applicable
  • Lead and contribute to projects and initiatives related to CRA qualification and reporting
  • Support process enhancements to drive operational efficiency and account for changes with regulatory requirements

Requirements

  • 10 years' experience in banking, finance and project execution roles
  • CRA experience, and/or related community development experience, including familiarity with loan and investment documentation
  • Strong technical skills, including Excel, Word, and PowerPoint/PitchPro
  • Ability to quickly develop proficiency in regulatory requirements, changes, implications, marketplace dynamics and the economic environment
  • Experience with process and project management
  • Ability to navigate and communicate effectively across team boundaries and across lines of business
  • Strong problem solving and exceptional analytical and storytelling abilities
  • Detail-oriented self-starter who possesses strong investigative research abilities
  • Ability to operate in a nuanced, highly regulated, and fast-paced environment
  • Strong organizational and time management skills
  • Excellent written and verbal communication skills

Nice-to-haves

  • 4-year college degree preferred, or equivalent work experience
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