Community Investment Operations Manager recruitment

The Seattle Bank makes our communities better places to work and live by providing funding  products to its nearly 350 financial institution members -- and by contributing 10% of its annual net profits to affordable housing and community economic development.

A $40 billion institution, the Seattle Bank is one of 12 Federal Home Loan Banks located across the US.

Community Investment Operations Manager 

Responsible for ensuring that community investment operations are positioned to adapt and deliver to Seattle Bank and Federal Housing Finance Agency expectations and priorities. This work includes, but is not limited to, enhancing and managing community investment program policies, procedures, practices, workflows, controls, documents, marketing and training materials, and staff to enhance the efficiency of delivery of services to members and community groups and to ensure program compliance with sound business practices and regulation.

• Manages community investment program data and reporting systems to ensure accurate data storage, tracking, and reporting. Provide data, trend analysis, and reports as requested and for routine operations.

• Accountable for the AHP funding round and compliance and monitoring functions to ensure sound business judgment and compliance with all applicable policies. Oversees the  content of AHP files to ensure thorough documentation of robust analysis.

• Responsible for the Home$tart Program to ensure sound business judgment and compliance with all applicable policies. Oversees the content of H$P files to ensure thorough documentation of robust analysis.

• Responsible for the Community Investment Program / Economic Development Fund to ensure sound business judgment and compliance with all applicable policies. Oversees the content of CIP/EDF files to ensure thorough documentation of robust analysis.

• Supports the CIO in working with the Affordable Housing Advisory Council and Financial Operations and Affordable Housing Committee (FOAH) to determine the strategic direction of community investment programs. Supports the CIO in providing appropriate information to FOAH to ensure strong corporate governance.

• Integrate other bank-wide policies and practices into community investment operations such as those related to Financial Instrument and Fraud Reporting (FIFR), risk assessments, disaster recovery plan, vendor contracts, security, etc.

• Manage staff, demonstrating leadership qualities consistent with management values and mission.  Develops staff through performance management, work plans, training, and effective employee relations.  Oversees quality and quantity of work produced, insuring employees are held accountable and expectations are consistently met. 

• Supports the CIO to determine appropriate department resource levels and manage to approved budget. 

• Performs other duties as assigned

Desired Qualifications

• Bachelor degree in related discipline, master’s degree preferred or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired.

• Ten years experience managing the operations of commercial or mortgage lending, community lending, affordable housing development, or a related field.

• Minimum five years experience managing a team to deliver results.

• Demonstrated success managing multiple projects, employing independent judgment, anticipating ways to adapt to changing business environments and priorities, and implementing process change.

• Excellent written and verbal communication skills required to effectively present information and strategies.

• Experience working with functional business units (i.e. accounting, compliance, operations risk), customers and regulators in a positive and collaborative manner.

• Experience with data mining, data analysis, and report writing required. Developing business and functional requirements for management information systems also required. Background in business intelligence and data warehousing preferred.

• Expertise in MS Office products required.

We offer a rich compensation package, including competitive wages, comprehensive health benefits for employee, three weeks’ vacation, 401K, and a business casual environment as well as other benefits.  Qualified candidates should direct resume and cover letter to: 

Recruiter1, Federal Home Loan Bank of Seattle
1501 Fourth Avenue Suite 1800
Seattle, WA, 98101-1693.

Or Email:  recruiter1@fhlbsea.com.

No phone calls, please. The Federal Home Loan Bank values diversity in the workforce and is an equal opportunity employer.  Women and Minorities are encouraged to apply.