CRA Program Specialist

First Citizens Bank; North Carolina; Remote; USD 70,200 - 107,640; Full time

Benefits offered by this job

Competitive benefits program

Job summary

A large financial institution is seeking a remote CRA Program Support Specialist to assist in the Community Reinvestment Act (CRA) initiatives. This role involves collaborating with internal teams, supporting CRA compliance examinations, and analyzing performance data. Required qualifications include a bachelor's degree with 2 years of experience or a high school diploma with 6 years of relevant experience. The position offers competitive compensation and benefits.

Qualifications

• 2 years of experience in program coordination or support with a bachelor's degree.
• 6 years of experience in program coordination or support with a high school diploma or GED.

Responsibilities

• Support CRA program and collaborate with business units and stakeholders.
• Assist in preparing for CRA examinations and regulatory reporting.
• Review and analyze CRA regulations and prepare rationale write-ups.

Skills

Program coordination

Data analysis

Collaboration with stakeholders

Regulatory reporting

Education

Bachelor's Degree

High School Diploma or GED

Job description

Overview

This is a remote role that may be hired in several markets across the United States. This position is responsible for supporting the First Line of Defense (FLOD) Community Reinvestment Act (CRA) Program. The role provides effective support and collaborates between internal relationships with business units and regions in developing goals, strategies, and performance management to meet the Bank's CRA goals and objectives. Assists in the coordination, execution, and administration of CRA programs and projects. Tracks and reports progress against milestones. Analyses data to evaluate the effectiveness of solutions and recommends improvements to enhance processes.

Responsibilities

• CRA Program Support – Effectively collaborates with internal business units, key stakeholders, regulators, and program managers. Analyze performance, develop action plans, and contribute to Performance Context Document (PCD) development. Assist with maintaining standards and procedures.
• CRA Examination Preparation – Support with planning and preparing for CRA examinations. Assist with regulatory reporting and responding to regulatory requests.
• Review, Analysis & Rationale Write‑Up – Interpret CRA regulations to review potential community development activities and prepare rationale write‑ups that accurately reflect the Bank's activities and impact on communities including verification and cataloguing of necessary documentation. Conduct analysis and evaluates the effectiveness of CRA programs and provides recommendations for improvements.
• Other duties and priorities as needed.

Qualifications

Bachelor's Degree and 2 years of experience in program coordination or support OR High School Diploma or GED and 6 years of experience in program coordination or support.

Preferred

• 4+ years experience in Community Reinvestment Act (CRA) program First Line of Defense compliance and examination
• Community Development Finance experience within a Large Financial Institution

Compensation

The base pay for this position is generally between $70,200 and $107,640. Actual starting base pay will be determined based on skills, experience, location, and other non‑discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.