Senior CRA Analyst

Grasshopper Bank • New York, NY

2d • Remote

About The Position

Grasshopper Bank is seeking a highly motivated Senior CRA Analyst to own the day-to-day execution and administration of the Bank’s Community Reinvestment Act (CRA) Program. The role applies technical knowledge of CRA regulations to lead performance monitoring, manage data integrity, and coordinate regulatory reporting so the Bank’s digital commercial banking platform remains examination-ready.

As the Bank prepares for and pursues a formal CRA Strategic Plan, the Senior CRA Analyst will help prepare data baselines and establish tracking dashboards for progress against strategic goals. The role also requires maintaining forward-looking knowledge of CRA regulations, interagency updates, and modernization rules.

Grasshopper Bank’s community development and lending initiatives focus on business and innovation economies. The role works cross-functionally with commercial underwriting, SBA lending, and treasury teams to accurately track, validate, and document commercial loans, SBA 7(a) and 504 originations, and qualified investments.

Requirements

• 3–5 years of direct experience in CRA compliance, data analysis, or commercial loan compliance within a regulated financial institution.
• Advanced skills working with large datasets, geocoding tools, and reporting software to turn complex information into actionable compliance insights.
• Strong, current understanding of the Community Reinvestment Act, technical reporting requirements for small business loans, and upcoming regulatory modernization changes.
• Experience leveraging AI to document and package community development activities.
• Solid understanding of commercial loan files and SBA loan structures (7(a) and 504), and experience using commercial loan systems such as nCino.
• Ability to independently manage data compliance projects, coordinate requests across departments, and drive initiatives with minimal supervision.
• Bachelor’s degree in finance, business, public policy, or a related field.

Nice To Haves

• Professional certifications such as CRCM.

Responsibilities

• Own end-to-end data collection, geocoding, and validation for commercial and Community Development (CD) loans, ensuring high-quality, audit-ready data.
• Independently review, evaluate, and document qualified CD loans, investments, and service activities submitted by business lines.
• Maintain the Bank’s CRA Public File and coordinate compilation, scrubbing, and timely submission of annual small business loan registers under regulatory standards.
• Maintain records of qualified donations, sponsorships, and volunteer service hours targeting small business technical assistance and economic development.
• Compile historical performance data, peer analyses, and baseline metrics to support drafting, regulatory submission, and ongoing tracking of the Bank’s CRA Strategic Plan.
• Build and maintain performance dashboards to monitor progress against CRA Strategic Plan targets and proactively flag opportunities or risks.
• Track, analyze, and interpret changes in the CRA regulatory landscape, assess the impact of interagency modernization rules, and advise on necessary process adjustments.
• Gather documentation, organize technical request lists, and prepare data files for internal audits and OCC regulatory examinations.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior