CRA/Fair Banking Compliance Analyst

Company: Sunflower Bank, N.A.
Location: Plano
Posted on: May 25, 2023

Job Description:

Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the full-time position of CRA/Fair Banking Compliance Analyst. The CRA/Fair Banking Compliance Analyst uses a combination of compliance monitoring reviews, data analytics and statistical analyses related to the CRA and Fair Banking program to proactively identify compliance risks or gaps in controls and recommend corrective action. The role is responsible to provide research and analytical support; communicate compliance deficiencies and potential problems to management and staff; coordinate with and provide assistance to management in developing and implementing corrective action to resolve identified problems. This position is responsible for ensuring compliance with all record-keeping and reporting requirements of the Community Reinvestment Act and fair banking laws, including HMDA, ECOA, FHA, UDAAP and other regulations as applicable.


The ideal candidate for this position is one who not only meets the requirements of this position, but who is also passionate about identifying disparities using proven mathematical analysis and can communicate salient points to individuals at varying levels in the organization. For areas of opportunity identified partnering with the business units to identify ways to strengthen those processes and confirming that implemented concepts produce the desired results. This role will have time to explore data independently, but also provides opportunities to work with others toward a common goal in a sometimes-high stress high rate of change environment.


Monitor and assess legislative and regulatory changes to ensure that appropriate personnel are informed and changes are made as necessary to the bank's policies and procedures to comply with regulatory requirements, specifically those related to CRA, Fair Lending, HMDA, and UDAAP.

Assist in establishing annual CRA and Fair Lending goals that must be achieved in order to attain the desired ratings. On an ongoing basis, compile, monitor, and report upon the bank's performance in achieving said goals based on forecasted and actual results.

Participate in ongoing compliance risk assessments based on lines of business and by CRA and Fair Banking regulations; identify acceptable level of compliance risk and corresponding controls; identify and provide solutions to address gaps in controls, mitigate compliance risks, and enhance compliance training.

Participate in new product development to ensure compliance with CRA and Fair Banking regulations.

Perform a review of certain marketing materials before they are placed to ensure compliance with fair banking standards.

Ensure prompt and adequate responses to all complaints related to consumer laws and regulations. Ensure ongoing monitoring of consumer complaints received by the bank to ensure timely and appropriate escalation of higher risk complaints that may signal a systemic or material issue. Prepare and present periodic analysis and reports of consumer complaints.

Support bank's CRA and Fair Banking compliance program by reviewing, and analyzing CRA and HMDA lending data and CRA community development loans, services and investments; monitoring Sunflower's special lending programs to ensure that goals and objectives are met; assisting in the development of sound programs designed to meet the credit and housing needs of Sunflower's communities; updating the CRA public file and performing other administrative tasks.

Perform fair lending reviews, analyses and testing (marketing, pricing, underwriting, fallout, redlining, matched-pairs, regression, etc.)

Perform UDAAP compliance program reviews and testing.

Perform CRA and HMDA LAR review and testing.

Prepare quality performance metric reports on fair lending for management and lending teams. Provide recommendations regarding opportunities for improvement, areas of concern, etc. Identify and track appropriate KRIs/KPIs to assist the organization with understanding its fair lending profile and performance.

Assists in the administration of state and federal regulator CRA and fair lending audits or examinations and reviews; assists with responses; ensures deficiencies are addressed and corrective actions are effective and validated.

Perform other duties as assigned.


Education / Experience Preferred:


Bachelor's degree preferred but not required

Passion for and solid understanding of statistical analysis and ability to communicate clearly and professionally

Specific software experience preferred includes: SharePoint, Microsoft Teams, XML , Encompass, nCino, DecisionPro, and CRA Wiz

Minimum 5 years' experience utilizing Microsoft Excel in a professional setting (solid intermediate-level experience required*)

Familiarity with various social media platforms and modern marketing practices is preferred.

Must be comfortable task-switching and re-prioritizing workload to meet deadlines

Ability to work remotely in a paperless environment while adhering to strict privacy rules and regulations.

Extensive working knowledge of consumer banking regulations and laws. General knowledge and understanding of bank deposit operations, lending activities, and other related consumer banking and compliance functions.

Strong communication (written and verbal) and organizational skills with the ability to work independently, as well as, collaboratively within a team environment.

Ability to research and analyze regulatory compliance issues, communicate requirements as they relate to the organization, and develop effective compliance policies, procedures, references, and training.

Ability to work in a fast-paced environment and positively adapt to routine changes while maintaining high performance standards.

Strong decision-making, analytical and investigative abilities with attention to detail and accuracy.

Must be bondable.


Sunflower Bank Benefits employees enjoy outstanding benefits, including:


401(k) Plan with 6% Match

Health/Dental/Vision Insurance

Company-paid Life Insurance

Tuition Reimbursement

Fitness Reimbursement

Paid Time Off

Volunteer Leave

Paid Holidays

Plus many more employee perks & incentives!

People choose to "bank" with us, but for those we serve, we're more than a bank. We strive to be the financial backbone of their lives and we know that starts with our team.

If you qualify, apply online at www.sunflowerbank.com/careers.

You've never worked anyplace like Sunflower Bank!EOE/AA: Minorities/Females/Disabled/Vets

Keywords: Sunflower Bank, N.A., Plano , CRA/Fair Banking Compliance Analyst, Accounting, Auditing , Plano, Texas