Fair Lending & CRA Compliance Data Analyst

Washington Trust•Westerly, RI

2d•Hybrid

About The Position

We are seeking a Fair Lending & CRA Compliance Data Analyst to support our Fair Lending, CRA, and HMDA compliance programs through the collection, validation, and maintenance of regulatory data. This role is responsible for preparing and maintaining datasets, recurring reports, and dashboards used for regulatory reporting, performance monitoring, and management decision-making. The Analyst reviews and analyzes data to identify trends, variances, and potential risks, and communicates findings to compliance management. Responsibilities include supporting regulatory examinations, internal audits, and annual risk assessments, as well as maintaining components of the CRA Public File. This role partners with internal stakeholders to obtain and validate data, ensure data integrity, and support consistent, accurate reporting across compliance programs.

Requirements

5+ years of supporting CRA, Fair Lending, or consumer compliance regulatory reporting within a financial institution.
Working knowledge of the Community Reinvestment Act (CRA), Home Mortgage Disclosure Act (HMDA) and Fair Lending laws and examination expectations.
Experience with compliance, CRA, HMDA, or Fair Lending software platforms.
Experience with data review, validation, and analysis in a regulatory environment.
Exceptional attention to detail, carefully and clearly documenting work to meet audit and regulatory expectations.
Strong proficiency in Microsoft Excel and Word for data analysis, reporting, and compliance support.
Effective organizational, planning, and time management skills, with the ability to manage multiple priorities and meet deadlines in a dynamic, deadline-driven environment.
Communicate clearly and professionally, with experience presenting to management and committees, and collaborating effectively with cross-functional teams and business partners.

Nice To Haves

Bachelor’s degree in Business Administration, Data Analytics, Finance, or a related field, or equivalent combination of education and experience.
Experience utilizing data analytics and AI-enabled tools (e.g., Power BI, Alteryx, Python, or comparable platforms) to support reporting and analysis.
Prior exposure to regulatory examinations and internal or external audits within a financial services environment.

Responsibilities

Develop, implement, and oversee the data analytics function supporting the Bank’s CRA and Fair Lending programs, including reporting, analysis, and data governance.
Collaborate with CRA and Compliance Management to develop and communicate quantitative analyses supporting CRA and Fair Lending oversight, advising business units, and delivering insights through data-driven reports, visualizations, and presentations.
Develop and maintain CRA trend and peer benchmarking analyses using internal and external data sources (e.g., Rata Comply, CRA Wiz, Risk Exec, Kadince) to support ongoing performance monitoring and CRA examination readiness.
Use advanced Excel and related tools to streamline workflows, integrate data sources, and ensure data accuracy.
Analyze Community Development, HMDA, and CRA small business lending data to produce CRA performance reports.
Utilize CRA/Fair Lending analytics tools to identify trends and potential disparities.
Review community development loans, investments, donations/contributions, and services for CRA eligibility and reporting accuracy.
Perform HMDA validation support including second review of key data points.
Collaborate with HMDA Analyst to maintain strong data integrity including documentation support of identified issues, and remediation efforts in a clear, well supported manner to meet audit and regulatory expectations.
Maintain proficient knowledge of, and demonstrate ongoing compliance with all CRA and Fair Lending laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all training requirements in a timely manner.
Assist in performing the annual CRA Performance Self-Assessment by compiling and maintaining detailed Lending, Investment, and Service Test documentation to support audit and exam readiness.
Assist in conducting the annual Fair Lending risk assessment consistent with regulatory and FDIC examination expectations.
Perform detailed comparative and trend analyses to identify emerging Fair Lending and CRA risk indicators, anomalies, and data integrity issues.
Collaborate with Compliance Management and business units during regulatory examinations to resolve any questions related to analytical methodology or data integrity used in CRA/Fair Lending analysis.
Manage the annual review and maintenance of applicable compliance policies and procedures.
Maintain supporting documentation, including workpapers, data reviews, analyses, and compliance testing.