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Cornerstone Capital Bank

Community Development Manager

Posted 6 Days Ago
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In-Office or Remote
Hiring Remotely in Austin, TX, USA
Senior level
In-Office or Remote
Hiring Remotely in Austin, TX, USA
Senior level
The Community Development Manager oversees the CRA programs, manages community development initiatives, builds partnerships, and ensures compliance with CRA regulations, while providing insights through data analysis and supporting community-focused events.
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Cornerstone Capital Bancorp, Inc., headquartered in Houston, is aTexas-basedfinancial services company dedicated to helping families, businesses, and communities thrive. Throughitsprimary subsidiary, Cornerstone Capital Bank, the organizationoperatesa community and business banking franchise alongside a premier national home lending, servicing, and home insuranceplatform-basedfinancial services company dedicated to helping families, businesses, and communities thrive.

Guided by a core Mission, Vision and Convictions statement,Cornerstoneoperates17full-servicebanking locations across major Texas markets andmore than 150mortgage offices nationwide.  The companyhas servednearly700,000customersthrough its family of brands, including Cornerstone Home Lending, Roscoe Bank, Peoples Bank, Cornerstone Servicing, and Cornerstone Insurance. Supported by 1,600 team members,Cornerstoneis consistently recognized as a Fortune-certified Great Place to Work® and a Top Workplace. 

Formed through the combination of Cornerstone Home Lending and The Roscoe State Bank, Cornerstone brings more than a century of experience and is thehighest-capitalizednew bank in Texas history.

 Who we are looking for:

We are seeking a hands-on leader in our Community Reinvestment Act (“CRA”) Team as a Community Development Manager focused on development and implementation of the Bank’s Community Development plan for each the Bank’s markets. This subject-matter expert role connects community needs with banking solutions, fosters impactful partnerships, ensures CRA compliance, and strengthens the Bank’s performance in low- to moderate-income communities across the Bank’s footprint.

In this role you will manage CRA/Community Development programs, tracking, regulatory requirements, objectives and initiatives throughout the enterprise for execution and compliance of our CRA Program.

What you'll do:

Assist the Director of CRA in administering and maintaining the CRA Program and initiatives.
 
Lead execution of the community development program and market performance in collaboration with business line leaders to achieve goals.
 
Establish strategic partnerships with Community Development and Economic Development organizations that yield tangible opportunities for the Bank.
 
Conduct annual community‑focused needs assessments, including local market conditions, CRA performance insights, and data‑driven evaluations of philanthropic impact.
 
Continuously monitor federal, state, and local initiatives to anticipate shifts in public resources supporting community development.
 
Identify and support community development lending, investment and service opportunities that qualify and comply with the CRA.
 
Oversee the creation of an annual CRA Self Assessment.
 
Represent Cornerstone Capital Bank at community events, workshops/forums, and CRA/community development related meetings to expand visibility, opportunity and impact.
 
Manage Community Development Services, such as Financial Literacy events, which may include either leading or assisting with planning, coordination, and delivering the events.
 
Oversee tracking of all community development activities including lending, investments and services, and monitor quarterly performance goals.
 
Ensure that required CRA documentation is properly maintained and available for review by regulators, external auditors and internal audit.
 
Support preparations for periodic CRA examinations conducted by the applicable regulator.
 
Support CRA risk and activity reporting to the CRA Committee on a quarterly basis.
 
Monitor the regulatory environment, emerging risks, and reassess the Bank’s control environment on an ongoing basis.
 
Other duties as assigned by Fair and Responsible Banking and the Enterprise Risk Management teams.

 What you'll need to be successful:

Excellent communication (verbal and written), interpersonal, and organizational skills
 
Ability to work independently with a multi-level team
 
Ability to multitask and meet deadlines
 
Skilled in presentations and public speaking
This role requires a thorough understanding of the Community Reinvestment Act (CRA) and Community Development
 
Associate's degree or the equivalent combination of experience, education, and training preferred
 
Minimum of 5 years’ experience in community development, banking, and/or non-profit work
 
Demonstrated understanding of CRA regulatory compliance and controls utilized to implement a strong framework designed around the three lines of defense model
 
Strong analytical skills, with an ability to simplify data into concise, actionable reporting
 
Strong analytical reasoning, problem-solving, and critical thinking skills
 
Ability to apply compliance regulatory requirements to complex fact patterns and problem-solve viable solutions
 
Past experience with the FDIC and/or with RiskExec/Kadince systems a plus
 
Strong proficiency with Microsoft Office (Word, Excel, Outlook, PowerPoint, etc.)
 
Travel required with occasionally, overnight travel, valid Driver’s License

What we offer: 

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus. 

What to do next: If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Top Skills

Kadince
MS Office
Riskexec

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