CRA Data Analytics Analyst

About this role

CRA DATA ANALYTICS ANALYST
WHAT IS THE OPPORTUNITY?
Responsible for the technical expert who is reliable and knowledgeable resource for Community Reinvestment Act (CRA) reporting requirements. Own the end-to-end CRA data lifecycle: collection, geocoding, aggregation, validation. 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.


WHAT WILL YOU DO?

• Reviews loan files and validate accuracy and completeness of data collected for CRA regulatory reporting purpose
• 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 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 regulatory requirements.
• Stay abreast of CRA related regulatory changes and assist in implementation of requirements for the relevan...