CRA & Fair Lending Analyst — Data-Driven Community Impact

Dime Community Bank; Hauppauge (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

Dime Community Bank in Hauppauge, Long Island, is seeking a Community Reinvestment Act (CRA) and Fair Lending Analyst to gather data from primary and secondary sources, validate transaction documentation, and develop and validate management reports. The role oversees CRA data sources, validates CRA eligible activities, and manages data quality control measures.

Salary commensurate with experience, ranging from $60,000 to $80,000 annually.

Qualifications

• Strong analytical skills with ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
• Knowledge and experience in CRA and financial services industry a plus.
• Knowledge and understanding of the Community Reinvestment Act with experience in CRA data management or compliance a plus.
• Strong PC skills (Word, Excel, Power Point) and navigation of Internet.
• Strong organization and ability to track projects, requests, and reporting requirements.
• General to working knowledge of banking industry and services. Knowledge of residential lending a plus.
• Strong written and verbal communication skills.

Responsibilities

• Support implementation and administration of all aspects of the Bank's CRA Program designed to ensure that the Bank complies with technical and substantive provisions of the CRA and Fair Lending laws and regulations.
• Oversight and verification of NYS Part 76 reporting from data collection, monitoring, and reporting processes for all finalized commercial loan applications.
• Oversee management, validation, and submission of Community Development, HMDA, and CRA Small Business loan applications (LAR) to regulators.
• Analyze Community Development, HMDA, and CRA Small Business loan applications to create CRA performance reports for Lending by leveraging CRA software.
• Utilize CRA software to assess Fair Lending performance, identify trends, and uncover disparities related to protected characteristics or geographic and income factors.
• Review community development loans, investments, grants, and services for CRA eligibility.
• Ensure accurate data collection and participate in data quality control process for CRA reporting and examinations.
• Collaborate with business lines and operations to ensure data accuracy and documentation of CRA eligible activities.
• Participate in CRA compliance self-evaluations and assist lines of business in monitoring CRA performance including site closure and opening assessments.
• Organize and maintain community service events from inception to completion.
• Assist with examination preparation.
• Perform special projects and additional duties and responsibilities as assigned by Director of CRA and Fair Lending.

Skills

Analytical skills

Data management

Attention to detail

Reporting

Communication skills

Strong organizational skills

Business acumen

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Dime Community Bank in Hauppauge, Long Island, is seeking a Community Reinvestment Act (CRA) and Fair Lending Analyst to gather data from primary and secondary sources, validate transaction documentation, and develop and validate management reports. The role oversees CRA data sources, validates CRA eligible activities, and manages data quality control measures.

Salary commensurate with experience, ranging from $60,000 to $80,000 annually.