# Community Reinvestment Act (CRA) Officer

**Company**: Mercury
**Location**: Salt Lake City, UT
**Work arrangement**: onsite
**Experience**: senior
**Job type**: full-time
**Salary**: The total rewards package at Mercury includes base salary, equity (stock options), and benefits.
**Category**: Finance
**Industry**: Finance

**Apply**: https://job-boards.greenhouse.io/mercury/jobs/5976613004?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_9103a0e9-b19

## Description

With Mercury's continued progress toward becoming a chartered bank, establishing a strong and forward-looking Community Reinvestment Act (CRA) program is a key part of building a durable, regulator-ready foundation.

As Mercury's first Community Reinvestment Act (CRA) Officer, you will build and lead a scalable, regulator-ready CRA program in preparation for bank charter readiness. This role combines strategic program design with operational execution, ensuring Mercury can establish and run a CRA program aligned with regulatory expectations and a digital-first business model.

You will define how Mercury shows up for the communities we serve, translating regulatory requirements into a program that is credible, measurable, and integrated into how we operate.

Responsibilities:

- Build and own Mercury's CRA program end-to-end, including policies, procedures, and governance framework

- Develop and execute against the CRA strategic plan, including coordination of internal partners and community organizations within the Bank's assessment areas

- Engage with Bank Leadership on CRA mapping on the applicability of Mercury's product offerings

- Own CRA reporting, delivering clear, credible updates on the Bank's CRA performance to senior leadership and Board-level stakeholders

- Maintain and update the CRA Public File in accordance with regulatory requirements

- Create training and provide guidance to bank staff regarding CRA requirements, community development opportunities, and regulatory expectations

- Manage CRA data integrity including CRA loans, Community Development loans, qualified investments, donations, and CRA service hours

- Maintain relationships with community organizations, economic development groups, and housing organizations to identify community credit needs

- Serve as primary CRA contact during regulatory examinations and independent audits; coordinate responses and corrective action plans

- Oversee the Bank's volunteer program to meet Strategic Plan commitments

- Identify and help evaluate community development opportunities, including grants, investments and lending significant enough to meet asset target goals

- Maintain records and documentation on all CRA activities and programs

Requirements:

- 5+ years of demonstrated passion for and experience in CRA, and community development; digital banking* and/or strategic plan CRA experience preferred

- Strong understanding of CRA regulations and regulatory expectations

- Experience building or managing CRA programs in evolving or ambiguous environments

- Experience leading regulatory facing CRA examinations

- Strong cross-functional collaboration skills and ability to influence without direct authority

## Skills

### Required
- Community Reinvestment Act (CRA)
- CRA regulations
- regulatory expectations
- digital banking
- strategic planning
- program management
- cross-functional collaboration
- influence without direct authority

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Source: [Apply at job-boards.greenhouse.io](https://job-boards.greenhouse.io/mercury/jobs/5976613004?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)