Job Description**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
This position may be located at any of the offices within First Interstate Bank's fourteen state footprint, including Arizona, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota, Washington and Wyoming.
What's Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.
Accrue and use your paid time off (PTO) immediately - no waiting period - plus paid federal holidays in addition to PTO.
To assist employees in paying down student loan debt, we will make monthly payments of $100 directly to eligible loan service providers on behalf of our employees until the loan is paid off.
Our retirement plan is one of the best in the region, including a 6% employer match on your 401(k). Employees (including temporary) scheduled to work 20 or more hours per week are automatically enrolled day one.
The health and happiness of the places we call home matter to us. Learn a little more about what we do for the and why we want YOU to be a part of it.
We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.
SUMMARY
As a Community Development Officer, CDO, this position will serve as an expert resource for bankers and staff on community development service, lending, and investment programs. This position maintains effective relationships with internal stakeholders to help build relationships with various organizations including but not limited to affordable housing, economic development, tribal, and community development organizations. The CDO works with market leaders to help establish and maintain relationships with community organizations such as activist groups, community agencies, non-profit and minority groups. The CDO maintains strong business relationships with internal team members to help build and manage relationships with external clients and customers by helping market leaders develop an understanding of the most pressing community needs and matching the needs to products, services, philanthropic support and volunteer service to best address those needs. The CDO is a subject matter expert for the Community Reinvestment Act and provides consulting support to employees related to community development investment, loan and service opportunities.
Monitors and maintains current knowledge of public programs aimed at supporting and/or subsidizing community development efforts. Recommends changes and improvements to management to improve Community Development programs.
This position may be eligible for Alternate Work Arrangement with requirement to reside in FIB footprint.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Assists market leaders in building and implementing Community Development outreach efforts and actively participate in the Bank's lending, investment, and services initiatives and promoting CRA qualified business development opportunities.
Responsible for reviewing loan transactions and preparing data verification for Community Development loans in support of CRA examinations. Assists as needed with CRA examination readiness and onsite performance evaluations.
Assists market leaders in developing a strategy for Community Reinvestment Act (CRA) initiatives for community development lending, community development investments, philanthropic giving, volunteerism initiatives, financial education, Federal Home Loan Bank affordable housing program activities and other community development services throughout markets in the 14-state footprint.
Provides training to employees on matters related to CRA, community development services, lending, and investments.
Assists market leaders in developing and maintaining an effective outreach program that identifies and addresses issues facing underserved areas, affordable housing; small minority-owned businesses; community's consumers; and state and local governments, regarding community and consumer banking issues and economic development issues.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed herein are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
Bachelor's Degree (B.A.) from a four-year college or university and one to two years related experience and/or training; or equivalent combination of education and experience.
Strong working knowledge of laws and regulations related to CRA, community development lending, and community development investments.
General knowledge of some of the more common tax credit solutions: New Market Tax Credits, Low Income Housing Tax Credits, Historic Tax Credits.
LANGUAGE SKILLS
Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries of complaints of customers, regulatory agencies or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.
MATHEMATICAL SKILLS
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages.
REASONING ABILITY
Ability to define problems, collect data, establish fact, and draw valid conclusions. Ability to interpret and extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, and sit. The employee is occasionally required to use hands to finger, handle, or feel; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
COMPENSATION & BENEFITS
We offer a competitive total compensation package including base salary and benefits. The anticipated pay range for this position is $75,368 - $124,357 per year (in CO & WA), and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Additionally, this role is eligible to receive annual discretionary cash bonuses. Benefits available for this position include, but are not limited to, medical, dental, vision, short-term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time) and up to 11 paid Federal holidays. Please note this information is provided for those hired in Colorado and Washington only, and this role is open to candidates outside of Colorado and Washington with compensation that aligns with your location. For more information regarding our benefits, please visit .
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
Our company is an equal opportunity employer. Employment here is based solely upon an individual's merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law. We make all reasonable accommodations to meet the obligations set forth under the Americans with Disabilities Act (ADA) and state disability laws.