CRA Officer

We are seeking a highly skilled CRA Officer to join our team at Banesco USA. This role involves working closely with the Bank's CRA Consultant to ensure compliance with regulatory requirements and guidelines, specifically related to the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA).

The successful candidate will have a strong background in banking regulations, excellent analytical and communication skills, and the ability to work independently as well as collaboratively with other teams.

Key Responsibilities:

• Review and report on CRA-qualifying activities, including identifying internal reports that list small business loans and tabulating all investments that qualify for CRA.
• Work with the Bank's CRA Consultant to set targets for CRA lending, investment, and service test activities.
• Prepare reports for progress to goal reporting to the CRA Committee.
• Conduct self-assessments for CRA performance and review the delineation of the bank's CRA assessment areas as needed.
• Assure compliance with HMDA, including quarterly reconciliations to ascertain that all reportable loans are included in the LAR.

Requirements:

• Bachelor's degree in Finance or Business Administration from a four-year college or university.
• A minimum of five years' experience in banking, with at least ten years in compliance or regulatory management.
• Certified Regulatory Compliance Manager (CRCM) certification is preferred.
• Intermediate experience in Microsoft Office Suite, especially Excel, and knowledge of Wolters Kluwers, CRA Wiz/SAAS, and Kadince, CRA reporting and Management software.

Compensation Package:

• An estimated salary of $80,000 - $100,000 per year, depending on experience.
• A comprehensive benefits package, including medical, dental, vision, 401(k), life insurance, and supplemental insurances.
• Paid parental leave and tuition reimbursement.
• A hybrid work model with remote and on-site work options.

About Our Company:

Banesco USA is part of Banesco International, a global network of financial institutions with a presence in 15 countries. We strive to develop integral human beings committed to making a difference, promoting continuous evolution and adaptation to today's world.