CRA Administration Officer (NE)

Cathay Bank in; El Monte (CA); On-site; USD 47,000 - 66,000; Full time

Job summary

Cathay Bank seeks an CRA Administration Officer (NE) to analyze CRA performance across lending, investments, and services. This role also supports community development events and maintains CRA compliance documentation.

The position involves coordinating meeting materials, data reviews, and participation in risk assessments, with occasional offsite CRA activities. Requires a bachelor’s degree and banking experience.

Qualifications

• Education: Bachelor's degree is preferable in Business, Accounting, or Finance.
• Experience: Minimum of three years of banking experience. Some working knowledge of accounting or loan underwriting.
• Skills/Ability: Strong computer skills; proficient with Microsoft Office products.

Responsibilities

• Acts as a backup for other department positions when others are out of the office (Analysts and Assistant Manager) when needed.
• Perform secondary reviews and ensure accuracy of CRA data as necessary for the three CRA performance tests.
• Ensure that all department policies and procedures are updated in a timely manner.
• Represent the Bank and CRA team at various community events and bank sponsored events.
• Coordinate the preparation and distribution of meeting materials for the Community Advisory Committee meetings.

Skills

Banking experience

Analytical skills

Microsoft Office

Education

Bachelor's degree in Business/Accounting/Finance

Tools

CRA software

SharePoint

Job description

CRA Administration Officer (NE) (Project Management)

People Drive Our Success

Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities.

Responsible for the creation of in-depth analyses of bank CRA performance, including recommendations on how to improve performance - lending, investments, and services. Acts as a backup for other department positions when others are out of the office. Represents the Bank at various community events and fundraisers, acts as a champion for the CRA team at internal meetings and/or events. Assist with participating in CRA service activities and other assignments that contribute to the implementation and maintenance of an effective CRA Compliance Program for the Bank.

ESSENTIAL FUNCTIONS

• Acts as a backup for other department positions when others are out of the office (Analysts and Assistant Manager) when needed.
• Perform secondary reviews and ensure accuracy of CRA data as necessary for the three CRA performance tests.
• Ensure that all department policies and procedures are updated in a timely manner.
• Represent the Bank and CRA team at various community events and bank sponsored events.
• Along with the SVP, Director of Community Development, be actively involved in the annual Risk Control Self-Assessment.
• Monitor reports and prepare quarterly performance analysis, annual self-assessment, strategic plan, and annual loan goals. This documentation will be presented by the SVP, Director of Community Development at the Risk & Compliance Committee, Enterprise Risk Management and Internal Control Committee meetings.
• Coordinate the preparation and distribution of meeting materials for the Community Advisory Committee meetings. Prepare and distribute meeting minutes for these meetings as well as be a regular attendee at these meetings.
• Take a very active role in the implementation of various special projects that will positively impact the CRA program, such as the Dodd Frank Section 1071, and changes to CRA regulations.
• Perform other special projects, as assigned by the SVP, Director of Community Development to include but not limited to the declined small business loan referral program and Supplier Diversity.
• Maintain current information for the Intranet, Public File, Bulletin, forms and charts.
• Assist with CRA activity performance tracking in other areas as needed.
• Complete assigned training courses in a timely manner.

QUALIFICATIONS

• Education: Bachelor's degree is preferable in Business, Accounting, or Finance.
• Experience: Minimum of three years of banking experience. Some working knowledge of accounting or loan underwriting. CRA knowledge is a plus. Knowledge of CRAsoftware and SharePoint preferred.
• Skills/Ability: Strong computer skills; proficient with Microsoft Office products. Takes initiative, works independently with minimal supervision, and consistently meets deliverable dates. Professional, able to effectively interact with all levels of the Bank as well as with external partners. Good organization and analytical skills. Excellent verbal and written communication skills. Highly organized, results-oriented with strong attention to detail and good follow-through skills. Enthusiastic and self-motivated. Willingness to work overtime occasionally to accomplish and meet deadlines, and to attend CRA activities. Ability to work offsite to perform service hours and attend CRA activities.

OTHER DETAILS

$33.65 – $48.08 / hour

Pay determined based on job-related knowledge, skills, experience, and location.

This position may be eligible for a discretionary bonus.

Cathay Bank offers itsfull-timeemployees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our California Job Applicant Privacy Policy .

Cathay Bank is an Equal Opportunity and Affinitve Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision‑making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.

Cathay Bank endeavors to makewww.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at [phone] [e-mail] .This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.