Senior CRA Compliance Risk Analyst I/II

Overview

The responsibilities of this position include supporting the Bank’s Community Reinvestment Act (“CRA”) Program.  This position will support the program through assistance in maintaining Trustmark’s Satisfactory or better regulatory ratings that apply to the CRA Program.  This senior compliance position combines knowledge and experience with CRA-related regulations to forecast regulatory standing through performance measurement as well as fair and responsible banking regulations to adequately support the program.  It is responsible for identifying potential areas of concern to improve Trustmark’s internal controls and reduce risk exposure.  This position also performs the data analysis required for the calculation of the evaluation measures, inclusive of retail lending distribution tests, general performance standards, and presumptive CRA ratings.

Responsibilities

Senior CRA Compliance Risk Analyst I

• Monitor CRA activities (lending, service, and investments) conducted by all areas of the bank for accuracy, eligibility, and completeness
• Examine first-line performance in CRA activities to determine if the line of business units or functional areas remain compliant with the CRA
• Maintain accurate workpapers that clearly describe the work performed, qualifying documentation, results of monitoring/testing, and any analyses conducted
• Deliver periodic reporting on performance to applicable committees and working groups
• Identify gaps and recommend new or revised policies, procedures, or monitoring methods
• Assist in developing and updating departmental procedures
• Support change management project development and implementation
• Proactively research and summarize new and existing relevant regulations or examination manuals for application to company policies and procedures using existing resources, tools, subscriptions and training courses
• Support the CRA team and Fair and Responsible Banking and Compliance Department, as needed
• Perform additional duties as assigned

Senior CRA Compliance Risk Analyst II

• Assist in developing and calculating performance measurements using historical data, lending distribution tests, and other evaluation measures and enhanced reporting
• Partner with CRA Management in determining the bank’s annual CRA training needs
• Support the execution of the CRA Performance Context and self-assessment
• Monitor CRA activities (lending, service, and investments) conducted by all areas of the bank for accuracy, eligibility, and completeness
• Examine first-line performance in CRA activities to determine if the line of business units or functional areas remain compliant with the CRA
• Maintain accurate workpapers that clearly describe the work performed, qualifying documentation, results of monitoring/testing, and any analyses conducted
• Deliver periodic reporting on performance to applicable committees and working groups
• Identify gaps and recommend new or revised policies, procedures, or monitoring methods
• Assist in developing and updating departmental procedures
• Support change management project development and implementation
• Proactively research and summarize new and existing relevant regulations or examination manuals for application to company policies and procedures using existing resources, tools, subscriptions and training courses
• Support the CRA team and Fair and Responsible Banking and Compliance Department, as needed
• Perform additional duties as assigned

Qualifications

Senior CRA Complaince Risk Analyst I

• Four-year degree or equivalent combination of education, training, or work experience.
• Minimum four (4) years of experience in compliance, audit, risk management, or an analytical role in a midsize bank or larger.
• Demonstrated knowledge of fair and responsible lending/banking with proficiency in applying these principles
• Thorough knowledge of bank operations
• Strong Microsoft Office skills
• Ability to pass an intermediate Excel test
• Word formatting and graphics
• PowerPoint presentation
• Strong attention to detail, accuracy, and adherence to deadlines
• Excellent verbal, written, and interpersonal communication skills
• Superior organizational and planning skills
• Ability to exercise sound judgment and work independently

Preferred:

• CRA, UDAAP, or Fair Lending experience preferred

 

Senior CRA Complaince Risk Analyst II

• Minimum six (6) years of experience in compliance, audit, risk management, or an analytical role in a midsize bank or larger
• Strong knowledge of fair