CRA (Community Reinvestment Act) Loan and Investment Manager

1 month ago

Sandy, United States American Express Full time

You Lead the Way. We’ve Got Your Back.

With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

Join Team Amex and let's lead the way together.

Through its Center for Community Development (CCD), American Express National Bank’s overarching goal is to maintain a leadership position in financing, investing, and facilitating community development activities within our Salt Lake City MSA assessment area and beyond.

CCD is hiring a CRA Loan and Investment Manager . The manager role provides a unique and dynamic opportunity within the organization supporting our Community Reinvestment Act (CRA) community development work and supports many facets of our CRA efforts with a primary focus on CRA loans and investments. The role entails identifying, underwriting and leading CRA loan and investment transactions in addition supporting CRA related compliance.

The CRA Loan and Investment Manager role provides a tremendous opportunity to deliver business success as well as supporting the communities in which we live and work. The CRA Manager will report to the Community Development Director and the position is based in Sandy, Utah.

How will you make an impact in this role?

Identify and underwrite CRA qualified loans and investment opportunities Communicate complex ideas clearly and succinctly for senior audiences Coordinate deal closing with internal partners, including managing legal review, risk review, committee presentation, and contract execution Build relationships with internal business partners, non-profit organizations, governmental agencies and other entities Support regulatory activities and banking compliance requirements

What you’ll bring:

Strong sense of intellectual curiosity and willingness to learn the nuances of CRA qualified products Excellent verbal communication and presentation skills Ability to build and leverage relationships across multiple teams Leadership – act & lead with courage, make decisions quickly & influence change

Preferred Qualifications

Previous CRA related experience Experience with New Market Tax Credits (NMTC), Equity Equivalent Investments (EQ2), Community Development Finance Institutions (CDFI), Low Income Housing Tax Credits (LIHTC), CRA qualified investments funds, and/or Community Development Loans Commercial underwriting experience with the ability to analyze, evaluate and execute complex Community Reinvestment Act related investments

Salary Range: $80,000.00 to $155,000.00 annually + bonus + benefits

The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we’ll consider your location, experience, and other job-related factors.

Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for this position.

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

Competitive base salaries  Bonus incentives  6% Company Match on retirement savings plan  Free financial coaching and financial well-being support  Comprehensive medical, dental, vision, life insurance, and disability benefits  Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need  20+ weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy  Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)  Free and confidential counseling support through our Healthy Minds program  Career development and training opportunities

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