Community Reinvestment Act (Cra) Compliance Officer I

Community Reinvestment Act (Cra) Compliance Officer I
Company:

Truist



Job Function:

Legal

Details of the offer

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, youll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status. Need Help? If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries wont receive a response). Regular or Temporary:
Regular Language Fluency: English (Required)
Work Shift:
1st shift (United States of America) Please review the following job description:
Facilitate the administration of Truists Community Reinvestment Act ("CRA") compliance and performance. Ensure applicable laws and regulations are met by transactional testing and ongoing internal assessments of the institutions CRA performance. Provide compliance guidance to internal management based on analysis and interpretation of the regulation and Truists CRA performance. **** Position is 4 days office centric role that can be located in either of the Truist regional offices.**** ESSENTIAL DUTIES AND RESPONSIBILITIES: Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Maintain a high-level of knowledge concerning the CRA regulation.
2. Research demographic, political and economic variables to support and qualitatively assess Community Development loans, services, and qualified contributions / investments.
3. Conduct research on market conditions, risks, and trends to maximize the qualitative aspect of Community Development efforts.
4. Identify key risk assessment areas in the banks CRA and HMDA performance and retail distribution; participate in remediation efforts, as applicable.
5. Conduct ongoing and ad hoc assessments of the banks CRA performance to update internal and Business Unit leadership on projected CRA Rating.
6. Communicate with internal and external clients regarding performance assessments; disseminate reports detailing progress and gaps.
7. Serve as subject matter expert for associate inquiries regarding CRA technical compliance, internal reporting systems, and the Banks CRA performance.
8. Fulfill requests based on regulatory compliance from the public for information from the CRA Main Office Public File.
9. Develop, update, and maintain a Procedures Manual for all established processes.
10. Provide training to less experienced teammates and may be responsible for specific programs/functions.
QUALIFICATIONS Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelors degree in business or comparable field, or equivalent education and related training
2. 2 years of experience in Banking, Audit or Compliance
3. Demonstrated ability to handle multiple priorities under time constraints
4. Well-organized with keen attention to detail
5. Strong writing skills
Preferred Qualifications: 1. Detailed understanding of Community Development, CRA, and HMDA regulations
2. Strong conceptual problem-solving skills including ability to organize, direct and perform highly complex analysis
3. Experience with CRA compliance software
4. Knowledge and understanding of banks computer systems and database applications
5. Strong verbal and written communication skills
OTHER JOB REQUIREMENTS / WORKING CONDITIONSSitting / Standing / Walking / Bending / LiftingAble to sit for extended periods of time and periodically move about during the work day. Visual / Audio / SpeakingAble to access and interpret client information received from the computer and be able to hear and speak with individuals in person and on the phoneManual Dexterity / KeyboardingAble to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.MentalAble to focus, interpret information logically to solve problems, and answer customers questions appropriately.AvailabilityAble to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.TravelMinimal and up to 10%Physical Conditions / Environment Normal office environment where there is little or no discomfort due to temperature, dust, noise, or other disagreeable elements.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truists generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truists defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace. EEO is the LawPay Transparency Nondiscrimination ProvisionE-Verify
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Job Function:

Requirements

Community Reinvestment Act (Cra) Compliance Officer I
Company:

Truist



Job Function:

Legal

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