CRA/Fair Lending Officer


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The CRA/Fair Lending Officer will serve as a subject matter expert (SME) in the areas of the Community Reinvestment Act (CRA) and Fair Lending Act to provide added support to the Bank's Compliance Team. The Officer will perform these duties by assessing the performance of both programs through loan sampling to ensure data integrity, and through reviewing trending performance information using automation and dashboard reporting. They will also represent the Bank both internally and externally to ensure compliance with the CRA and Fair Lending regulations. As a SME, the Officer will also report information to various committees and to the Board of Directors (or a committee thereof), as well as serving as a liaison between Senior Management and the Bank's prudential regulator regarding exam matters.

1. Responsible for advising in the development and administration of all aspects of the Bank's Community Reinvestment Act Compliance Program, including policies and procedures for CRA and Home Mortgage Disclosure Act (HMDA).

2. Responsible for maintaining and keeping current the Company's CRA Public File for both the Main Office and the branches.

3. Responsible for establishing, participating and maintaining relationships with community- based, charitable and non-profit organizations to ensure the Bank is meeting the needs of Low-to-Moderate Income (LMI) persons and majority minority geographies that reside within the boundaries of its various assessment areas.

4. Perform periodic CRA performance evaluations and Fair Lending analysis, provide Compliance Management with timely, meaningful information regarding level of quality maintained, trends and risks identified and provide recommendations for improvement. This duty shall include an annual assessment of the CRA and HMDA programs, which is to be reported to Senior Management, the Board of Directors or a Committee thereof.

5. Advise the Bank's Director of Compliance, Senior Management, and staff of emerging CRA and HMDA risks to ensure compliance directives are maintained.

6. Analyze and evaluate market data relative to consumer mortgage and commercial lending, CRA qualified contributions, investments and services to assess the Company's performance under the regulation's lending, investment and service tests. Prepare reports no less than quarterly, identifying trends from data reporting.

7. Work with and advise Senior Management and/or Regional Liaisons in the Bank's various assessment areas to ensure that the Bank is adequately represented on local non-profit boards. These will be boards that maintain a mission statement consistent with the definition provided in regulation outlining a covered service that meets the needs of Low -to- Moderate Income (LMI) persons.

8. Responsible for ensuring the data integrity of CRA and HMDA data for regulatory filing, including, but not limited to, reviewing loan file samples and/or setting up tools for validity and edit checks. This includes the annual submission of the Loan Application Register (LAR) for CRA and HMDA.

9. Serve as a liaison between Senior Management and Federal Regulators concerning the exam process. This includes exam coordination and responses to Reports of Examination where necessary.

10. Assess and evaluate fair lending risks found within Lines of Business (LOB) data. This shall include performing risk assessments that are independent of the 1st Lines.

11. Assess fair lending training to meet individual business unit and corporate needs. This should be performed no less than annually and the evaluation should also include training for the Board of Directors.

12. Respond and provide assistance to LOBs questions and situations on fair lending risks. Perform follow up on open compliance issues and observations.

13. Evaluate residual compliance risk and document findings related to vulnerabilities. Evaluate action plans to ensure appropriate measures are in place to lower residual risk to an acceptable level.

14. Develop written reports and advise the Management and Board level committees and Board of Directors, Senior Management, Director of Compliance, and LOB Managers regarding key issues identified.

15. The ability to work in a constant state of alertness and in a safe manner.

16. Completes required BSA/AML training and other compliance training as assigned. This duty is performed as needed.

17. Perform any other related duties as required or assigned.

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 4 years related experience and/or training, and 2 years related management experience, or equivalent combination of education and experience.

Required education and experience:
Bachelor's Degree.

Required competencies:
Strong written and oral communication skills.
Strong organizational skills.
Ability to analyze and dissect loan data to determine if the Company is meeting desired CRA and Fair Lending goals and objectives.

We offer :
Competitive Salaries
Paid holidays and vacation
401K Plan
Health Insurance

For more information and/or to apply, please visit our career site at:

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