CRA Officer

Itaú Unibanco is the largest bank in Brazil and Latin America, present in 18 countries, with over 100 years of history. Itaú U.S. serves high-net-worth individuals, institutional investors, and corporate clients through a comprehensive suite of banking, wealth management, asset management, and broker-dealer services. Based in Miami, with a presence in New York and the Caribbean, the team supports clients navigating complex financial needs across borders.

Responsibilities

• Serve as the day-to-day administrator of the Bank's CRA Program and support the Chief Compliance Officer (CCO) in maintaining effective oversight of CRA policies, procedures, governance, and examination readiness.
• Monitor and assess CRA performance against established goals and regulatory expectations across community development loans, investments, services, volunteer activities, and charitable contributions.
• Coordinate the identification, evaluation, documentation, and tracking of CRA-qualified activities.
• Conduct CRA eligibility and qualification analysis for community development loans, investments, services, grants, and other CRA-related activities.
• Maintain CRA records, documentation, data integrity, performance metrics, and management reporting.
• Coordinate CRA regulatory reviews, examinations, and supervisory requests.
• Prepare CRA reports and updates for Senior Management, management committees, and the Board.
• Support the development and execution of the Bank's CRA strategy and annual CRA planning initiatives.
• Monitor regulatory developments, supervisory guidance, and industry trends related to CRA and recommend appropriate program enhancements.
• Assist in developing and delivering CRA-related training and awareness initiatives.
• Perform CRA risk assessments and support the maintenance of CRA monitoring, governance, and control frameworks.
• Prepare management reports, dashboards, key risk indicators, performance metrics, and governance updates.
• Maintain examination-ready documentation, evidence repositories, issue tracking logs, and remediation plans.
• Escalate significant compliance risks, regulatory concerns, control deficiencies, and emerging issues to the CCO.
• Partner with Internal Audit, Risk Management, Legal, and business units to strengthen CRA governance, controls, and oversight processes.
• Analyze regulatory developments, supervisory priorities, and examination trends impacting the Bank's CRA Program.
• Support the preparation of regulatory responses, corrective action plans, and examination remediation efforts, as needed.
• Ensure compliance with Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) related principles, laws, rules, regulations, as well as Itaú’s related policies and procedures.

Qualifications

• Bachelor's degree in Business, Finance, Economics, Accounting, Law, Risk Management, or a related field.
• Master's degree preferred.
• Minimum of 3-5 years of experience in CRA compliance, regulatory compliance, banking supervision, compliance risk management, or related functions within a regulated financial institution.
• Strong knowledge of the Community Reinvestment Act, Regulation BB, Interagency CRA guidance, and applicable supervisory expectations.
• Experience managing or supporting CRA examinations, audits, monitoring programs, and regulatory reporting.
• Demonstrated ability to interpret regulatory requirements and translate them into practical policies, controls, governance processes, and business practices.
• Experience preparing senior management, committee, and Board-level reporting.
• Experience supporting CRA performance monitoring, community development initiatives, and strategic CRA planning.
• Experience in a community bank, regional bank, de novo bank, or similar financial institution preferred.

Skills

• Certified Community Reinvestment Act Professional (CCRAP) (preferred).
• Certified Regulatory Compliance Manager (CRCM) (preferred).
• Other relevant compliance, audit, or risk certifications (preferred).