Community Reinvestment Act Specialist

Enterprise Bank & Trust•St. Louis, MO

About The Position

The CRA Specialist assists the CRA Manager with documentation, tracking and analysis of lending data for the Bank consistent with the requirements of the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA). Performs quality control and testing to assess compliance with CRA and HMDA.

Requirements

Excellent communication, organizational, and writing abilities
Multitasking ability in a fast-paced environment
CRA Software knowledge, including RiskExec
Focused on regulatory compliance
High school diploma or equivalent required
Minimum two (2) years' experience and working knowledge of consumer protection laws and regulations that impact financial institutions, including HMDA and CRA required
Proficiency in Microsoft Office and Google Workspace
RiskExec
SalesForce

Responsibilities

Ensure the Bank's compliance with the Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA) reporting requirements.
Accountable for the compilation, submission and accuracy of the HMDA and CRA Loan Application Registers (LARs), which are the basis of CRA and Fair Lending Compliance Examinations
Assist in creation and maintain the Bank's LARs, HMDA data, and CRA Small Business/Farm loans
Conduct an independent review and validation of loan data to ensure accuracy and compliance with the HMDA regulations; identify and recommend improvements where necessary
Work with business units to obtain data and ensure compliance with HMDA
Monitor and review changes in laws and regulations regarding HMDA and CRA
Prepare reports for management, including Fair Lending and CRA departments
Provide support and assistance to the HMDA Compliance Manager in the administration of workflows and other responsibilities as needed