CRA Data Analytics Analyst

About the role

Responsible for serving as the technical expert and reliable resource for Community Reinvestment Act (CRA) reporting requirements. Own the end-to-end CRA data lifecycle: collection, geocoding, aggregation, and validation. Assist with ensuring the Bank meets the regulatory requirements of a large institution in compliance with the Community Reinvestment Act (CRA) through the review and validation of CRA data.

Responsibilities

• Review loan files and validate accuracy and completeness of data collected for CRA regulatory reporting purposes.
• Review community development loans by gathering information, conducting demographic, economic, and market research to determine eligibility.
• Use CRA Wiz or RiskExec tool to oversee the process and management of data received from assigned CRA data reporting lines of businesses.
• Log and track data issues detected during monthly processing and data integrity reviews; work to address and resolve issues with LOB and Technology department (TECH).
• Prepare timely reports on data errors and process deficiencies for distribution to LOB management.
• Analyze data errors to determine trends and monitor corrective actions to measure performance and responsiveness by business units.
• Work with the lines of business (LOBs) to improve data quality and integrity through accurate data collection processes and sound operational controls to mitigate risks.
• Support the annual submission for a complete and accurate CRA Loan Registers (LRs) to the appropriate regulatory agency.
• Project design and management, coordinating on behalf of the CRA Department with internal stakeholders.
• Exercise both thought leadership and initiative in developing and leading the bank’s efforts to implement changes to the CRA program in response to regulatory requirements.
• Stay abreast of CRA-related regulatory changes and assist in the implementation of requirements for the relevant line of business.

Requirements

• Bachelor's Degree or equivalent in Economics, Statistics, quantitative research, or a related field.
• 7+ years of experience in Data Reporting, CRA, or Compliance function.

Qualifications

• Deep knowledge of Regulation BB (CRA), HMDA/Regulation C, and CRA data collection requirements.
• Support OCC examination requests by producing accurate data extracts, assessment area analyses, and lending distribution tables.
• Track regulatory changes to CRA data collection and reporting requirements (e.g., interagency Q&A updates, CRA modernization rule changes) and update processes accordingly.
• Experience in a cross-functional environment working with various consumer and commercial products.
• Knowledge of CRA reporting software (e.g., Wiz, RiskExec) and designing reports in databases such as Tableau.
• Some knowledge of 1071 Rule.
• Proficient with Microsoft Office products, such as Word, Excel, PowerPoint, and Outlook.
• Strong attention to detail.
• Strong verbal and written communication skills.
• Strong time management, organizational, analytical, and problem-solving skills; attention to detail.
• Ability to work in a team environment, multitask, and be flexible.
• Knowledge of Compliance risk framework.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental, and Vision plans, available the first of the month following start date.
• Generous 401(k) company matching contribution.
• Career Development through Tuition Reimbursement and other internal upskilling and training resources.
• Valued Time Away benefits including vacation, sick, and volunteer time.
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes, and musculoskeletal support programs.
• Career Mobility support from a dedicated recruitment team.
• Colleague Resource Groups to support networking and community engagement.

Pay

Starting base salary: $77,000 - $143,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.