Community Reinvestment Act (CRA) Analyst

Avidbank is a $2.1 billion commercial bank based in Silicon Valley serving the San Francisco Bay area and beyond.  We are a highly responsive business bank, providing tailored financial solutions. We are advocates for our clients and specialize in providing innovative banking products and supportive services that exceed our clients’ expectations.

Founded in 2003, we specialize in commercial & industrial lending, technology and asset-based lending, specialty finance, real estate construction and commercial real estate lending. We have one branch in San Jose along with loan production offices in Redwood City and San Francisco.

Title of position: CRA Data Analyst

Position type: Full-time

Pay range: $60,000 – $80,000

Division: Credit Department

Work Location Type: Office Hybrid

Location: San Jose, CA

The Role

The Community Reinvestment Act (CRA) Analyst is responsible for assisting and maintaining the Bank’s CRA Compliance program to ensure conformity and adherence with applicable state and federal laws and regulations. The role provides support and guidance to the Bank’s risk management efforts. Duties include gathering loan data, generating reports for validation of data accuracy, and preparing the supporting documentation for the Bank to meet audit and regulatory requirements.

Job Responsibilities

Essential

• Review reports, data, and individual loans to ensure all CRA-reportable loans have been appropriately identified and include the required information
• Review data and compare to loan documentation (promissory notes, credit memos, financial reports, etc.) to ensure accuracy
• Work with Credit Management to ensure all appropriate information is collected during the underwriting process for all small business, small farm, and community development loans
• Work with the Loan Operations department to ensure that all information is properly loaded into the appropriate loan management systems
• Use CRAWiz to geocode, perform data quality checks, validity checks, and edit as needed
• Maintain CRA-reportable loan database in CRAWiz
• Submit data files for regulatory review as required
• Create reports as needed to support CRA and Fair Lending needs for review by management, compliance, lending departments, and regulators
• Remain updated on all regulatory changes related to CRA and Fair Lending reporting
• Prepare reports for CRA  and compliance committees, as needed

• Document the data collection and reporting process
• Annually review all processes with CRA Officer to ensure accuracy and efficiency and recommend changes as needed
• Prepare and maintain CRA  maps of assessment areas
• Conduct demographic and economic research needed to complete performance context and self-assessment analysis

• Coordinate with the IT Department to update and maintain CRA and Fair Lending analysis software and files

This position description is not intended to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time, with or without notice. 

Experience

• Bachelor’s degree in Business, Finance, Economics, Management Information Systems or related field or four (4) + years of work experience
• Knowledge of the Community Reinvestment Act a plus
• Expertise in Microsoft Excel
• Experienced with Microsoft Office suite
• Experience with CRAWiz or other HMDA/CRA/Fair Lending and geocoding software experience a plus 
• Experience with bank loan documentation (notes, credit memos, financial reports, etc.) a plus

Skills and Abilities Required

• Strong writing, analytical, and communication skills, and must be able to multi-task and complete projects on time.
• Should be an organized, detail-oriented, self-starter with the ability to work independently or in teams.
• Fundamental knowledge of general banking principles, philosophies, and operations.
• Ability to establish and maintain effective work relationships both internally and externally.

Benefits

Avidbank offers full time employees competitive compensation, medical, dental, vision, life insurance, long term disability insurance, 401k with matching, paid holidays and a competitive paid time off policy.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. It is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

Avidbank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

We are an AA/EEO/Veterans/Disabled employer.