Community Development Program Management

Our ideal candidate: We are seeking candidates deeply committed to our mission: to transform the banking industry from within. We lead by example, collaborate with and invest in change\-makers and build sustainable prosperity in our communities.

Who we are: Beneficial State is one of only a handful of B\-Corp banks in the nation and one of the highest\-rated B\-Corps on the planet. That means that we subscribe to a rigorous evaluation standard that measures our positive impact, not just our profitability. We demonstrate how a bank can combine social equity, environmental sustainability, and business stability to create a better financial system – a system that drives inclusive prosperity to benefit people and the planet. \#BCorp \#WeAreBCorps

Join our team: If you are ready to do challenging and transformative work that will build a brighter future for us all, and you are hungry to bring your passion and energy to the table, we welcome your application.

TITLE: JOB CODE:

FLSA: Exempt SALARY GRADE: 8

JOB FAMILY: Admin UNION REPRESENTATION: N/A

DEPARTMENT: ICM SUPERVISORY ROLE Y/N: N

SCHEDULE: LOCATION: Monday\-Friday Hybrid CATEGORY: Full\-Time

REVISION DATE: 03/2026

POSITION OVERVIEW

Executes and supports Beneficial State Bank’s Community Reinvestment Act (CRA), Community Development Financial Institution (CDFI), Emergency Capital Investment Program (ECIP), and related regulatory programs to ensure full compliance with federal requirements while advancing the Bank’s mission driven community impact. Serves as a subject matter expert on CRA, CDFI and related laws and regulations; develops and administers corporate and local CRA plans; analyzes lending and community development activity; and prepares required reporting for leadership and regulators. Blends regulatory expertise with programmatic leadership to advise management on regulatory related risks, ensure measurable community outcomes, and maintain the Bank’s positive, compliant, and visible role in community economic development serving low and moderate income populations.

ESSENTIAL DUTIES

CRA \& Community Development Leadership

• Develops and implements community development initiatives aligned with CRA, CDFI, goals, and other related community programs.
• Manages to the Bank’s CRA , CDFI and ECIP strategies and monitors performance against regulatory and impact goals.
• Ensures the Bank maintains a positive, visible role in community economic development activities.

Data, Reporting \& Impact

• Oversees data collection, validation, and analysis for CRA eligible lending, services, investments, sponsorships, grants, and volunteerism.
• Manages Government Monitoring Information (GMI) and other required regulatory data reporting.
• Assists with preparing periodic reports for senior leadership, Committees, and the Board related to CRA, CDFI, ECIP and other community development performance reporting.
• Contributes to internal and external impact reporting.

Compliance, Audits \& Regulatory Support

• Supports CRA, CDFI, Fair Banking, FHLB grant, and related audits and regulatory examinations.
• Monitors activities for compliance with CRA and other applicable laws, regulations, and internal policies.
• Assists with CRA, CDFI and ECIP program related employee training and stays current on regulatory changes and guidance.
• Adheres to all operational procedures and regulatory requirements applicable to the role.
• Completes mandatory compliance training as assigned.

Community Partnerships \& External Engagement

• Builds and maintains relationships with community organizations, coalitions, and public sector partners.
• Represents the Bank in the community and serves as a resource regarding products, services, and community development programs.
• Ensures activities are appropriately documented and budgets are managed in accordance with approved plans.

Program \& Cross Functional Collaboration

• Manages sponsorship, grant, and volunteerism programs, including tracking, reporting, and process improvement.
• Collaborates with Marketing \& Communications, business lines, compliance, legal, and community partners to plan and execute CRA relevant initiatives and events.
• Participates in training and professional development to maintain subject matter expertise.

The position performs duties specific to the position and other functions as assigned.

ROLE COMPETENCIES/SKILLS

• Attention to Detail
• Collaboration \& Communication
• Diversity \& Inclusion
• Execution \& Ownership
• Time Management
• Risk management
• Data Analysis and Management
• Analytical Thinking
• Project Management
• Managing Complexity
• Relationship management
• Community Impact
• Compliance

ENVIRONMENT, PHYSICAL \& MENTAL ACTIVITIES

• The incumbent is in a non\-confined office\-type setting in which they are free to move about at will. It may include some minor annoyances such as noise, odors, drafts, etc. For Hybrid and Remote roles, work may also be performed away from BSB worksites depending on the position and requirements. For Hybrid/Remote work, employees are required to have an environment when working at home that has a dependable, high\-speed internet connection and environment conducive to frequent phone or internet calls where private, confidential or other information is not visible, able to be overheard, or physically or electronically accessible to anyone else.
• The incumbent in the course of performing this position spends time writing, typing, speaking, listening, lifting (up to 10 pounds), driving, carrying, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching.
• The incumbent for this position may operate any or all of the following: personal computer, cellular telephone, printer, fax, and other standard office equipment.
• The incumbent in this position must be able to accommodate reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks and constant interruptions.
• The work environment characteristics, physical and mental demands 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.

POSITION REQUIREMENTS

Minimum Qualifications

• Bachelor’s degree in Community Development, Finance, Business Administration, Public Policy, Economics, Urban Planning, or a related field, or equivalent combination of education and experience.
• Five (5\) or more years of experience in Community Reinvestment Act (CRA), community development, fair banking, regulatory compliance, or related financial services roles.
• Working knowledge of CRA laws, regulations, and examination frameworks, including CRA eligible lending, services, and investments.
• Experience managing regulatory data collection, validation, analysis, and reporting (e.g., CRA, CDFI, GMI, grants, or similar datasets).
• Experience supporting regulatory examinations, audits, or compliance reviews.
• Experience preparing reports or materials for senior leadership, committees, or boards.
• Experience coordinating with internal stakeholders and external community partners.
• Experience managing multiple programs or initiatives with defined deadlines and documentation requirements.

Preferred Qualifications

• Master's degree in public administration, Community or Economic Development, Finance, Law, or related field.
• Experience working within a regulated financial institution (bank, credit union, or CDFI).
• Experience developing or administering CRA plans, performance context materials, or remediation strategies.
• Experience with CDFI certification, reporting, or compliance requirements.
• Experience administering sponsorship, grant, or volunteer programs with CRA eligibility considerations.
• Experience working with Fair Lending or Fair Banking requirements as they relate to CRA.
• Experience collaborating with lending, compliance, legal, or executive teams on regulatory or community development matters.
• Professional certification related to compliance or community development (e.g., CRCM, CCBCP), preferred.

Management reserves the right to change this position description at any time according to business needs.

COMPENSATION

The posted pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role but may include ranges from the different geographies where this position may be based. New employees' starting pay is usually from the start of the range to approximately 25% of the max, more qualified and/or experienced employees may start near the middle of the range for their geography. We may ultimately pay more or less than this range.

Compensation for our organization is based on factors that include the role, required knowledge, skills, abilities and competencies, and candidates’ relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. Our pay ranges are based on national living wage indexes, such as MIT's living wage index, to enable us to pay our employees beyond what are standard practices for many employers, and also take into account geographically\-specific recent compensation market survey data for each position.

BENEFITS

Beneficial State Bank’s benefits include a comprehensive package designed to support you and your eligible dependents. We focus on the holistic health of our team members and promote work\-life balance.

Our benefit package includes:

• Medical / Dental / Vision / Basic Life / STD / LTD
• Vacation Days: 2\-4 weeks depending on role
• Sick Days: 12 days per year
• Holidays: 11 days per year
• 401(K) / ROTH / FSA / HSA / EAP
• Education and Adoption Assistance
• Bank\-Wide Annual Discretionary Bonus Program
• Production\-based incentive program available for some roles.
• Paid Volunteer Time: 4 days per year / annual match of qualifying employee donations
• Paid Sabbatical Program after 5 years of service
• Pet Benefits

For detailed information about our benefits, please visit http://www.beneficialstatebank.com/about\-us/careers

You are welcome here at Beneficial State Bank. We are an equal opportunity employer and all qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, national origin, gender identity, disability or veteran status.