Senior CRA and Fair Lending Analyst

How will this role impact First Command

The FCBs (Bank) Senior CRA and Fair Lending Analyst ( Sr. Analyst) is responsible for supporting and strengthening the Banks Community Reinvestment Act (CRA) and Fair Lending Compliance Programs through effective implementation monitoring analysis and administration of all program components. This role ensures the Bank maintains compliance with applicable federal and state laws and regulations and that appropriate monitoring controls are in place across all lines of business.

The Sr. Analyst will be responsible for supporting the Banks Community Reinvestment Act and Fair Lending Compliance Programs (Program) by implementation monitoring and administration of all aspects of these Programs. This includes evaluating processes and controls conduct analytical reviews maintain documentation and workpapers collaborate with stakeholders at all levels and present findings and recommendations to management. Work performed in close partnership and oversight of the SVP Bank Compliance Officer prior to distribution to senior leadership or other stakeholders. Additional responsibilities within the broader Compliance Program may be assigned by the SVP Bank Compliance.

What will the employee do in this role

• Assist and support the SVP of Bank Compliance in overseeing the Banks CRA Fair Lending and Responsible Banking Compliance Programs.
• Lead the monitoring activities to ensure compliance with CRA Fair Lending Responsible Banking functions with applicable laws and regulations and adherence policies and procedures across all business lines.
• Keep senior management continuously informed of Program performance relating to risk management activities and relative risk exposure.
• Analyze and communicate regulatory changes impacting the Banks CRA and Fair Lending Programs and communicate implications to the SVP Bank Compliance Officer including policies procedures new and existing products.
• Serve as a subject matter expert (SME) and advisor to lending business lines; research issues and ensure consistent guidance across addition socialize business lines inquiries (in coordination with the SVP).
• Perform automated and manual Fair Lending data analytics to identify disparities trends or patterns of concern in underwriting pricing redlining or steering.
• Perform Fair Lending file analysis denial trend reviews (consumer commercial credit cards mortgage broker) credit (loans and credit cards) exception analysis and other monitoring activities.
• Maintain supporting documentation and lead enhancements in data testing and validating strategies methodologies and best practices.
• Prepare monthly quarterly semiannual Fair Lending reporting designed to identify trends and/or pattern of concern and escalate to Senior Management for further investigation.
• Perform CRA data analytics (automated or manual) of lending data to evaluate CRA performance and support ongoing monitoring.
• Maintain CRA and Fair Lending data integrity with a high degree of accuracy; oversee tracking and reporting within the RATA system.
• Ensure accuracy of generating data files reports and presentation materials for Senior Management internal audit and bank regulators.
• Identify and document small business loans subject to CRA reporting including maintaining documentation.
• Analyze document and maintain records of community development loans services investments and volunteer hours.
• Maintain and update the Banks CRA Public File.
• Prepare and maintain the annual CRA SelfAssessment and Fair Lending Risk Assessment with a high degree of accuracy including trend and pattern analysis for Senior Management escalation.
• Prepare accurate data files reports dashboards and presentation materials for Senior Management Internal Audit and regulators.
• Monitor loan origination volume for HMDAtriggering events.
• Assist and maintain CRA Fair Lending and related Compliance policies and procedures.
• Prepare reports with a high degree of accuracy related to CRA Fair Lending and Responsible Banking activities for the SVP Bank Compliance Officer.
• Monitor the Banks loan originations volume for HMDA triggering events.
• Serve as administrationfor RATA and ABA Online Training including scheduling and monitoring annual employee training.
• Maintain the Banks Complaint tracking partnering with the Quality Management Team; analyze complaints for regulatory trends or patterns requiring escalation to the SVP Bank Compliance addition present complaint trends to the Compliance Committee.
• Serve as member of the Force for Good Committee promoting community development for CRA eligibility.
• Assist with internal audit or exam request items.
• Support other compliance initiatives and projects as assigned by the SVP Bank Compliance Officer.
• Administer and present Programs results to BanksCompliance Committee and Fair Lending Meetings.

Authorities

Information Access CRA and Fair Lending Compliance Officer has authority to access monitor and report on sensitive Bank customer transaction and employee information related to the positions duties to ensure compliance with regulatory requirements.

Cross Functional Relationships

Internal:

• VP Compliance and Fiduciary Quality and Control
• BSA-AML Compliance Officer
• Consumer and Professional Lending Line of Business Management including Senior Leadership
• Technology (Business Analyst)

External:

• Regulatory Agencies
• Compliance professionals at financial institutions with a view to understanding the competitive landscape keeping abreast of compliance developments industry developments and new products.
• Industry associations

Skills & Qualifications

Education

• Bachelors degree required; equivalent experience may be considered.

Work Experience

• 3 to 5 years CRA and Fair Lending compliance banking or other related compliance experience preferred
• Banking software (Jack Henry Laser Pro Mark IV Loan Orginating System and Cognos) experience preferred
• Strong knowledge of regulatory requirements
• CRA and Fair Lending Software (Rata CenTrax or CRA Wiz) administration experience preferred

Certifications

• Relevant certification CRCM preferred

Required Knowledge Skills and Abilities

• Excel proficiency highly desirable; reviews frequently require independently obtaining data from various systems selecting stratified samples for detail review and then leveraging formulas.
• Word and Power Point proficiency required.
• Must be detail-oriented and possess strong communication and organizational skills.
• Demonstrate knowledge and understanding of the required elements of a CRA and Fair Lending compliance program.

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