Job Information
Ameriprise Financial Director, Community Reinvestment Act (R24_0000003058) in Minneapolis, Minnesota
In this role, you will be responsible and accountable for all aspects of the Community Reinvestment Act (CRA) program for the Ameriprise Federal Savings Bank (FSB). You will ensure the FSB meets the needs of the community and attains CRA goals. Being highly involved in the industry, you will pro-actively seek to understand and be an expert in changes in the regulations on a continual basis, creating and executing sound vision for current and future programs, and advising the FSB leadership on emerging CRA issues. Key Responsibilities Lead the CRA department and ensure the FSB attains all CRA goals. Develop, maintain, and own CRA policies, procedures, and goals. Ensure appropriate monitoring and tracking of lending, investments, grants, and service activities' performance against goals. Assure ongoing CRA goals are appropriate. Maintain clear understanding of the program, current and future projects, and progress toward goals at all times. Administers CRA Committee; prepare and present material to executive leadership of the Bank Create and execute vision for future CRA program relative to new OCC guidance. Drive large-scale, cross-functional project to implement changes to ensure the FSB adheres to all regulations. Develop new goals for lending, investments, grants, and service that ensure FSB attains an appropriate overall rating. Drive all activities to ensure lending and investment programs to meet the needs of low- and moderate- income households. Partner with FSB leadership, Legal and Compliance, Lending Products, Treasury, Community Relations, and Marketing. Partner with Community Relations and Public Affairs to establish, participate, and maintain relationships with community-based charitable and non-profit organizations. Develop and maintain strong business partner relationships across the business. Maintain clear understanding of all applicable CRA regulations and statutes. Implement changes to and/or enhance existing policies, procedures, and goals. Provide effective leadership to direct reports incorporating performance management practices through individual performance plans, periodic reviews and feedback sessions, coaching and development, as well as oversee and advise direct reports on the performance management process for associate level employees within their group. Required Qualifications Bachelor's degree or relevant experience 10+ years' relevant experience