Ray Mendoza
About Ray Mendoza
Ray Mendoza serves as the Vice President and Program Manager for the Community Reinvestment Act at City National Bank, where he has worked since 2016. He has a background in finance and business, holding a B.S. in Accounting from the University of Southern California and an M.B.A. from the University of Houston.
Work at City National Bank
Ray Mendoza has served as Vice President - Program Manager CRA at City National Bank since 2016. In this role, he has focused on managing the bank's Community Reinvestment Act (CRA) initiatives. His responsibilities include developing strategies to create equity opportunities that comply with CRA regulations. Mendoza operates in a hybrid work environment based in Los Angeles, California.
Previous Experience at CIBC World Markets
Prior to his current position, Ray Mendoza worked at CIBC World Markets as an Executive Director from 1987 to 1998. During his eleven years at the firm, he was involved in various financial services and investment projects, contributing to the company's operations in Los Angeles, California.
Education and Expertise
Ray Mendoza holds a Bachelor of Science degree in Accounting from the University of Southern California. He also earned a Master of Business Administration (MBA) from the University of Houston. His educational background provides a strong foundation for his expertise in finance and program management.
Achievements in Community Reinvestment Act Initiatives
Ray Mendoza has established a protocol for creating Community Reinvestment Act (CRA) eligible equity opportunities. He developed a private equity platform that manages approximately $100 million in annual investments. Additionally, he has participated in Public Examination audits that resulted in Outstanding Investment ratings, demonstrating his effectiveness in CRA compliance and community development.
Contributions to Community Development
In his role, Ray Mendoza created a community development loan memo to support CRA eligibility qualification. This initiative highlights his commitment to ensuring that investments align with community needs and regulatory requirements, further enhancing the bank's community engagement efforts.