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Vice President Cra Officer information

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$43.5K

$157.5K

$277.5K

How much do vice president cra officer jobs pay per year?

As of Sep 9, 2026, the average yearly pay for vice president cra officer in the United States is $157,532.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,000.00 and $190,000.00 per year, depending on experience, location, and employer.

What is a vice president CRA officer?

Vice President CRA Officers, or Community Reinvestment Act Officers, are senior banking professionals responsible for ensuring that their financial institution complies with the Community Reinvestment Act (CRA). They develop, implement, and oversee programs that help meet the credit needs of the communities where the bank operates, especially in low- and moderate-income areas. Their duties include managing CRA compliance reviews, preparing reports for regulators, and working closely with community organizations. As Vice Presidents, they also play a strategic role in shaping the bank's community development initiatives and maintaining positive relationships with regulatory agencies.

What are the key skills and qualifications needed to thrive as a vice president CRA officer?

To thrive as a Vice President CRA Officer, you need deep knowledge of banking regulations, community development, and experience with the Community Reinvestment Act (CRA), often supported by a relevant bachelor's degree or higher. Familiarity with CRA management software, regulatory reporting systems, and certifications like CRCM (Certified Regulatory Compliance Manager) is highly valued. Exceptional leadership, analytical thinking, and strong communication skills help in managing teams, building community relationships, and ensuring compliance. These capabilities are essential for driving CRA strategy, maintaining regulatory compliance, and supporting the bank's reputation and community impact.

What are some common challenges faced by a vice president CRA officer in maintaining regulatory compliance across multiple branches?

A Vice President CRA Officer often encounters the challenge of ensuring consistent Community Reinvestment Act (CRA) compliance across various branches, each possibly serving diverse communities with unique needs. This requires staying updated on evolving regulations, training staff regularly, and developing standardized yet adaptable assessment methods. The role frequently involves collaborating with local managers and compliance teams to monitor lending, service, and investment activities, making strong organizational and communication skills essential. Balancing regulatory expectations with the institution's business objectives is also a key part of the job.

What is the difference between Vice President Cra Officer vs Vice President Regulatory Affairs Officer?

AspectVice President Cra OfficerVice President Regulatory Affairs Officer
Required CredentialsAdvanced degree in life sciences or related field, industry certificationsSimilar advanced degrees, regulatory certifications often preferred
Work EnvironmentPharmaceutical or biotech companies, clinical trial settingsPharmaceutical companies, regulatory agencies, biotech firms
Employer & Industry UsageUsed in clinical development and trial managementUsed in regulatory compliance and approval processes
Common Search & Comparison IntentUnderstanding clinical trial roles and responsibilitiesUnderstanding regulatory strategy and compliance roles

The Vice President Cra Officer primarily focuses on clinical research activities, managing clinical trials and ensuring compliance with protocols. In contrast, the Vice President Regulatory Affairs Officer concentrates on regulatory strategies, submissions, and compliance with government agencies. Both roles require advanced degrees and industry experience but serve different functions within the pharmaceutical and biotech sectors.

What cities are hiring for Vice President Cra Officer jobs?

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What are the most commonly searched types of Cra Officer jobs?

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Vice President Cra Officer jobs near you

VP CRA Compliance Officer - Riverwoods, IL

Riverwoods, IL • On-site

Symicor Group
Recruiting and Staffing Services • 1 - 10 employees
Learn more about Symicor Groupexternal

$150K/yr

Full-time

Re-posted 11 days ago

Job description

VP CRA Compliance Officer - To $150K - Riverwoods, IL - Job # 3721

Who We Are:

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position:

Our bank client is seeking to fill a VP CRA Compliance Officer role in the Riverwoods, IL area. The position is responsible for developing, administering, and maintaining the Consumer and CRA Compliance Management Programs to ensure compliance with all applicable laws and regulations.  
The opportunity has a generous salary of up to $150K and a benefits package. (This is not a remote position).

VP CRA Compliance Officer responsibilities include:
  • Drive CRA program success by applying independent judgment to review, qualify, and document activities across volunteer services, donations, FHLB programs, as well as financial literacy initiatives; ensuring timely, compliant completion of low-risk deliverables and generating actionable reports for management and the CRA Committee to support strategic decisions and enhance community impact.
  • Ensure timely, compliant completion of low-risk CRA deliverables while generating actionable reports that support strategic decision-making by management and the CRA Committee, contributing to enhanced community engagement and overall program effectiveness.
  • Work with Stakeholders / Lines of Business to identify CRA related opportunities related to services, donations, and ancillary CRA programs.
  • Conduct data integrity reviews of CRA Community Development activities such as donations, services, financial literacy, and FHLB programs submitted by employees across relevant lines of business, validating accuracy using Kadince, internal reporting systems, and FHLB program data to ensure documentation and work programs meet compliance standards, and provide recommendations to enhance data quality as well as program effectiveness.
  • Facilitate monthly CRA Liaison program meetings documenting activities, minutes, and training, to collaborate and consult with stakeholders to provide feedback to ensure alignment with CRA.
  • Support the implementation of new, or modified CRA Program-related regulations ensuring proper Compliance to CRA regulatory requirements and determine impacted business units.
  • Collaborate with the Mortgage Group and CRA Officer to maintain and submit documentation for FHLB Programs including Special Needs Assistance Program (SNAP), Homebuyer Equity Leverage Partnership (HELP), Affordable Housing Program (AHP), Partnership Grant Program (PGP), and Disaster Programs.
  • Develop and conduct small group training, to provide guidance to educated bank employees on requirements for CRA qualified donations and services, including ancillary CRA related programs.
  • Prepare gap analysis for Services and Donations, in relation to community needs.
  • Oversee the accurate and timely preparation of the Banks CRA Public File.
  • Maintain compliance with all applicable laws and regulations while keeping abreast of new changes in regulations affecting responsibilities.
  • The ability to work in a constant state of alertness and in a safe manner. 
  • Completes required BSA/AML training and other compliance training as assigned.
  • Perform any other related duties as required or assigned.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:
  • A high school diploma or general education degree (GED) is required.
  • A Bachelor’s degree in Banking, Finance, Accounting, Business, Law, or equivalent years of experience preferred.
  • A minimum of five years’ experience in a Bank Compliance position is desired.
  • Previous experience with Regulatory Examinations and Audits is preferred.
  • Compliance Certification from an Industry Compliance School is preferred.

The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com