Manager of CRA Governance & Strategy

Welcome to Comerica Bank, where we strive to provide our customers with the best financial services and solutions. We are currently seeking a highly motivated and experienced individual to join our team as the Manager of CRA Governance & Strategy. In this role, you will be responsible for overseeing and implementing our Community Reinvestment Act (CRA) compliance efforts and developing strategies to ensure the bank's continued success in meeting the needs of the communities we serve. If you are a driven individual with a strong understanding of CRA regulations and a passion for community development, we encourage you to apply for this exciting opportunity.

1. Develop and implement strategies to ensure the bank's compliance with the Community Reinvestment Act (CRA).
2. Oversee and manage all aspects of CRA compliance, including tracking, reporting, and analysis of CRA activities.
3. Stay up-to-date on all current and changing CRA regulations and ensure the bank's policies and procedures are in accordance with them.
4. Collaborate with various departments and teams within the bank to ensure CRA goals and objectives are being met.
5. Conduct regular audits and reviews to identify any potential compliance issues and develop solutions to address them.
6. Build and maintain relationships with community organizations and stakeholders to effectively communicate the bank's CRA efforts and initiatives.
7. Develop and implement training programs for bank employees to ensure understanding and compliance with CRA regulations.
8. Analyze data and reports to identify potential areas for improvement and develop action plans to address them.
9. Prepare and submit all required CRA reports and documentation to regulatory agencies.
10. Serve as a subject matter expert on CRA regulations and provide guidance and support to other departments and teams within the bank.
11. Continuously monitor and assess the bank's performance in meeting the credit needs of the communities it serves.
12. Develop and maintain a strong understanding of the bank's products and services to effectively promote them within the community.
13. Represent the bank at community events and meetings to enhance its reputation and build relationships with potential customers.
14. Monitor and track community development investments and ensure they align with the bank's CRA objectives.
15. Collaborate with senior management to develop and implement strategies for achieving the bank's overall CRA goals and objectives.

According to JobzMall, the average salary range for a Manager of CRA Governance & Strategy in Dallas, TX, USA is between $89,000 to $144,000 per year. This range can vary depending on the specific industry, company size, and level of experience. Additionally, bonuses and benefits may also be included in the total compensation package.

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.