Community Reinvestment Act Officer

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities.

Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.

The Optum Bank Community Reinvestment Act Officer will lead all aspects of the Optum Bank Community Reinvestment Act ('CRA') program according to regulatory requirements and the approved CRA Strategic Plan. This position will ensure that the Bank meets or exceeds its annual CRA goals in lending, investments, and services; manage documentation of Bank CRA efforts for qualifying activities to ensure regulatory requirements and expectations are met;

and proactively engage community partners and agencies which promote CRA objectives to source CRA opportunities in fulfillment of Bank CRA objectives. This position will also interface and coordinate with other Optum and UHG entities to identify and document qualifying CRA-eligible activities undertaken by other entities within the UHG enterprise.

This position follows a hybrid schedule with  four in-office days per week.

Please note:

this position is based out of the Draper, UT office.

Primary Responsibilities:

* Lead execution and management of Bank CRA program according to CRA Strategic Plan objectives, Board directives, and regulatory requirements

* Build community partnerships and networks in advancement of Bank CRA objectives (loans, investments, and services)

* Provide subject matter expertise to internal Bank and UHG functions on CRA-qualifying activities

* Manage and maintain appropriate documentation of CRA-qualified activities, and produce applicable reporting to appropriate stakeholders (Bank committees, Board of Directors, regulatory agencies and examiners, etc.)

* Conduct and maintain benchmarking of other CRA programs and activities of peer institutions, and document the Bank CRA Performance Context

* Engage and liaise with appropriate regulatory agencies on CRA matters, keeping abreast of regulatory guidance and trends, and advocating on behalf of the Bank with regulators, industry consortia, and community partners on CRA matters

* Manage and maintain the Bank's CRA Strategic Plan, including soliciting community input; preparing new plans for submission and regulatory approval; managing the regulatory approval process, etc.

* Source and execute CRA-qualified service opportunities for Bank personnel at various levels (front-line staff; consulting/expertise for CRA-qualified agencies; Board opportunities on CRA-qualified agencies, etc.)

* Provide CRA-qualified Board service to CRA-qualified agency(ies) in fulfillment of CRA objectives

* Respond to community, regulator, and other stakeholder input on the Bank's CRA program and efforts

* Manage all aspects of CRA examinations by relevant regulatory authorities

* Manage annual CRA data reporting

* Manage the Bank CRA donation budget, and source and direct CRA donation opportunities through applicable Bank

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

* 6+ years of experience working in a bank or other regulated financial institution

* 4+ years of experience working in a CRA program

* Functional knowledge in meeting regulatory expectations for CRA, particularly focused on institutions operating under a CRA Strategic Plan or programs with a primary focus on Community Development

* Willingness and ability to travel up to 25%

* Ability and willingness to work in Draper, UT office

Preferred Qualifications:

* Bachelor's degree in Finance, Business, Project Management, or related field

* 2+ years leading a large bank CRA program

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