What are the responsibilities and job description for the HMDA CRA Analyst II position at Seacoast Bank?
JOB SUMMARY:
Support the CRA and Fair Responsible Banking Officer in administering the Bank’s CRA program by ensuring compliance with Regulations B, C, and BB, with a focus on accurate data collection, validation, and reporting of HMDA and all CRA-related activities.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Support the CRA and Fair Responsible Banking Officer in administering the Bank’s CRA program by ensuring compliance with Regulations B, C, and BB, with a focus on accurate data collection, validation, and reporting of HMDA and all CRA-related activities.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Responsible for reviewing residential, consumer, and applicable commercial loan files for CRA and HMDA reportable data, ensuring accuracy and integrity in compliance with Regulations BB, C, and B.
- Responsible for preparation of quarterly data quality reports to management, as well as submission of the annual HMDA Loan Application Register (LAR) to the CFPB.
- Support responses to inquiries related to loan documentation, data integrity, and reporting issues.
- Assist with fair lending data collection and analysis, including HMDA and CRA-related data sets.
- Develop proficiency in Community Service tool, including oversight and monitoring of CRA service hour volumes, and communicate volunteer opportunities across the bank.
- Serve as a Community Service system subject matter expert, including:
- Maintaining proficiency in software functionality, particularly the events module and service hour tracking.
- Oversight and monitoring of CRA service hour volumes and reporting accuracy.
- Promoting and coordinating bank-wide volunteer opportunities through events module.
- Partnering with internal teams and external nonprofit organizations to identify, develop, and onboard qualified CRA-eligible volunteer activities into the events module.
- Reviewing technical information received concerning software upgrades and/or enhancements and applying the changes to procedures and processes as necessary.
- Act as liaison for the CRA Ambassador Program, including:
- Supporting engagement, communication, training, and alignment of CRA ambassadors across the bank.
- Driving participation in CRA-qualified service activities.
- Generate reports using HMDA software and assist in CRA data analysis, including support of CRA self-assessments, as well as fair lending.
- Assist in the preparation of board and management reports/presentations, including:
- Compilation, analysis, and presentation of CRA service hour data and trends.
- Supporting materials for CRA Service Test performance.
- Maintain and update the CRA Public File at least annually, ensuring timely and accurate responses to public requests.
- Assist with the compilation of documentation supporting CRA Lending, Service, and Investment Tests, regulatory exams, and internal audits.
- Partner with lines of business and data management teams to:
- Improve efficiency in data collection processes.
- Identify root causes of data issues and implement corrective actions.
- Support strong partnerships with internal and external stakeholders to enhance community impact and CRA performance.
- Review regulatory changes and assess impact to bank processes, procedures, and policies; summarize findings for management.
- Attend training, seminars, and workshops to maintain and expand regulatory and CRA knowledge.
- Maintain and update CRA/HMDA policies and procedures, ensuring alignment with current regulatory requirements.
- Develop and deliver training materials and job aids for employees related to CRA, HMDA, and service tracking processes.
- Perform additional duties as assigned.
- Keep the CRA and Fair & Responsible Banking Officer informed on the progress of assignments, projects, and programs.
- Adhere to the highest ethical standards, regulatory requirements, policies, procedures, and Seacoast Bank Code of Conduct.
- High school graduate, some college (associate degree) preferred, with concentration in Business, Finance, or Accounting
- Strong, analytical, organizational, and problem-solving skills
- 5 or more years General banking experience with a thorough understanding gained thru applicable experience (3-5 years) of CRA and/or Fair Lending Laws (Reg. B, C, & BB) as well as consumer, residential, and commercial loan documentation experience.