CRA Officer

This is a fully remote position, open to applicants in Florida.

📋 Description

• Oversee and assess the bank's CRA program to ensure ongoing adherence to regulatory standards and achievement of performance goals.

• Examine and evaluate CRA, HMDA, ECOA, Fair Lending, and associated consumer compliance activities to uncover trends, risks, and opportunities for enhancement.

• Collaborate with internal teams to assess community development investments, donations, and service initiatives for CRA consideration and documentation.

• Facilitate and coordinate regulatory examinations, internal audits, and compliance evaluations, including preparation of responses and supporting materials.

• Offer guidance, training, and expertise to business units on lending compliance mandates and regulatory expectations.

• Assist in the formulation, refinement, and upkeep of compliance policies, procedures, monitoring reports, and risk assessments.

• Generate reports and materials for management committees and contribute to the effective governance of CRA and consumer compliance initiatives.

• Review and address consumer complaints as necessary.

• Scrutinize lending and other relevant advertising and marketing materials.

• Responsible for participating in regulatory, professional/trade, and civic association meetings related to CRA/HMDA/ECOA/Fair Lending compliance.

• Act as a reliable compliance partner by addressing regulatory inquiries, consumer complaints, and emerging compliance issues.

⛳️ Requirements

• Bachelor’s degree in Business (Finance, Economics, or Accounting).

• Over 7 years of experience directly related to the administration of CRA/HMDA/ECOA/Fair Lending compliance.

• More than 3 years in a supervisory or managerial role.

• Comprehensive understanding of consumer regulations, including but not limited to: Community Reinvestment Act, Home Mortgage Disclosure Act, Equal Credit Opportunity Act.

• Demonstrated ability to develop and manage community programs.

• Experience in handling the CRA Compliance Examination process and engaging proactively with regulators.

• Capability to exercise sound judgment and make important decisions regarding CRA compliance with minimal oversight.

• Proficient in data analysis and reporting.

• Familiarity with banking products and services.

• Ability to comprehend and implement job-related policies and procedures.

• Must possess exceptional verbal and written communication skills, along with strong interpersonal and organizational abilities.

🏝️ Benefits

• Periodic travel may be necessary to visit branches and attend outside organizations.