CRA Data Analytic Analyst

Overview

WHAT IS THE OPPORTUNITY? Responsible for the technical expert who is a reliable and knowledgeable resource for Community Reinvestment Act (CRA) reporting requirements. Will assist with ensuring the Bank meets the regulatory requirements of a large institution in compliance with the CRA through the review and validation of CRA data.

CRA DATA ANALYTIC ANALYST

WHAT IS THE OPPORTUNITY? Responsible for the technical expert who is a reliable and knowledgeable resource for Community Reinvestment Act (CRA) reporting requirements. Will 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.

• 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 Risk Exec 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 and 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 the 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 implementation of requirements for the relevant line of business.

Required Qualifications

• Bachelor's Degree or equivalent in Economics, Statistics, quantitative research, or a related field
• 5+ years of experience in Data Reporting, CRA or Compliance function
• Prior management experience
• Experience in a cross-functional environment working with various consumer and commercial products
• Knowledge of CRA reporting software 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, ability to multi-task and be flexible
• Knowledge of Compliance risk framework

Compensation

Starting base salary: $101,231 - $172,355 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

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

Get a more detailed look at our Benefits and Perks.

Since day one we’ve always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for…