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CRA Senior Officer

Charlotte, North Carolina;

Job Description:

The CRA Senior Officer applies knowledge and expertise of

risk/regulatory programs, industry practices, and the various business

units to perform assessment activities on potential Community

Reinvestment Act eligible transactions in support of Wholesale Credit

(“WC”). In this capacity he or she is responsible for conducting ongoing

research and review of potential CRA transactions including analyzing

documentation; interacting with various levels of internal bank

associates; inputting data into systems of records; and reporting and

communicating findings regarding eligibility to business partners. The

candidate must independently conduct assigned responsibilities within

the context of WC’s enterprise-wide regulatory/operational risk

program. In addition, he or she will also be responsible for assisting their

manager in addressing other key initiatives within the WC QA team.

*Required Skills:

“Must” have these skills to be minimally qualified.

• Working knowledge of Credit Center, Loan IQ and Electronic Document Repository

• Strong understanding of complex commercial real estate loan documentation such as credit approvals, notes, loan agreements, rent rolls and financial statements

• General knowledge of the Community Reinvestment Act (CRA) regulation

• Self motivator who can work independently and also as an engaged team member

• Strong oral, written communication, and organizational skills

• Detail oriented

• Proficient in Microsoft Office products (Word, Excel, PowerPoint, SharePoint)

Desired Skills:

• Past Commercial Real Estate Banking, Community Development Lending, Tax Credit Equity Group documentation review, loan/equity administration or underwriting experience

• General knowledge of tax exempt bonds, low income housing tax credits, or similar financing programs

• Working knowledge of Global Underwriting System, CRA Qualification and Monitoring system (CRAQM) and CARMA (investment system of record) would be a plus

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

M-F ​8am - 5pm

Referral Bonus Amount:

0

Job Description:

The CRA Senior Officer applies knowledge and expertise of

risk/regulatory programs, industry practices, and the various business

units to perform assessment activities on potential Community

Reinvestment Act eligible transactions in support of Wholesale Credit

(“WC”). In this capacity he or she is responsible for conducting ongoing

research and review of potential CRA transactions including analyzing

documentation; interacting with various levels of internal bank

associates; inputting data into systems of records; and reporting and

communicating findings regarding eligibility to business partners. The

candidate must independently conduct assigned responsibilities within

the context of WC’s enterprise-wide regulatory/operational risk

program. In addition, he or she will also be responsible for assisting their

manager in addressing other key initiatives within the WC QA team.

*Required Skills:

“Must” have these skills to be minimally qualified.

• Working knowledge of Credit Center, Loan IQ and Electronic Document Repository

• Strong understanding of complex commercial real estate loan documentation such as credit approvals, notes, loan agreements, rent rolls and financial statements

• General knowledge of the Community Reinvestment Act (CRA) regulation

• Self motivator who can work independently and also as an engaged team member

• Strong oral, written communication, and organizational skills

• Detail oriented

• Proficient in Microsoft Office products (Word, Excel, PowerPoint, SharePoint)

Desired Skills:

• Past Commercial Real Estate Banking, Community Development Lending, Tax Credit Equity Group documentation review, loan/equity administration or underwriting experience

• General knowledge of tax exempt bonds, low income housing tax credits, or similar financing programs

• Working knowledge of Global Underwriting System, CRA Qualification and Monitoring system (CRAQM) and CARMA (investment system of record) would be a plus

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21077387

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Jennifer Murphy

Referral Bonus:

0