Community Reinvestment Act (CRA) and Fair Lending Analyst

About the role

Dime Commercial Bank (Dime) is seeking a Community Reinvestment Act (CRA) and Fair Lending Analyst to work at its headquarters in Hauppauge, Long Island. This is an on-site position.

Responsibilities

• Support implementation and administration of all aspects of the Bank’s CRA Program to ensure compliance with technical and substantive provisions of CRA and Fair Lending laws and regulations.
• Oversee and verify NYS Part 76 reporting, including data collection, monitoring, and reporting processes for all finalized commercial loan applications.
• Manage, validate, and submit Community Development, HMDA, and CRA Small Business loan applications (LAR) to regulators.
• Analyze Community Development, HMDA, and CRA Small Business loan applications to create CRA performance reports for lending using CRA software.
• Use CRA software to assess Fair Lending performance, identify trends, and uncover disparities related to protected characteristics or geographic and income factors.
• Review community development loans, investments, grants, and services for CRA eligibility.
• Ensure accurate data collection and participate in data quality control for CRA reporting and examinations.
• Collaborate with business lines and operations to ensure data accuracy and documentation of CRA-eligible activities.
• Participate in CRA compliance self-evaluations and assist lines of business in monitoring CRA performance, including site closure and opening assessments.
• Organize and maintain community service events from inception to completion.
• Assist with examination preparation.
• Perform special projects and additional duties as assigned by the Director of CRA and Fair Lending.

Requirements

• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
• Knowledge and experience in CRA and the financial services industry is a plus.
• Understanding of the Community Reinvestment Act with experience in CRA data management or compliance is a plus.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint) and internet navigation.
• Strong organizational skills and ability to track projects, requests, and reporting requirements.
• General knowledge of the banking industry and services; knowledge of residential lending is a plus.
• Ability to coordinate multiple projects.
• Strong written and verbal communication skills.
• Business acumen and commitment to profitably serving low- and moderate-income clients and neighborhoods in innovative ways.

Pay

Salary ranges from $60,000 to $80,000 annually, based on relevant experience, skills, education, training, licensure, certifications, and location.