Ocean Bank

CRA Officer

Ocean Bank • $90K — $120K *
Miami, FL 33186In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business (Finance, Economics or Accounting) required.
  • 7+ years of relevant CRA/HMDA/ECOA/Fair Lending compliance experience.
  • 3+ years in a supervisory or managerial role.
  • Extensive knowledge of major consumer regulations and compliance acts.
  • Must be open to periodic travel to branches and other organizations.

Responsibilities

  • Lead and monitor compliance with the CRA program.
  • Analyze compliance activities to identify trends and improvement opportunities.
  • Collaborate with internal teams on community development investment documentation.
  • Support regulatory examinations and compliance reviews with necessary documentation.
  • Train business units on lending compliance and regulatory expectations.
  • Develop and maintain compliance policies, reports, and risk assessments.
  • Prepare materials for management committees on compliance initiatives.

Benefits

  • Remote work flexibility from Miami, Florida.
  • Opportunities for professional development and training.
  • Collaboration with a variety of stakeholders and regulators.
  • Engagement in community service initiatives as part of CRA efforts.
  • Involvement in industry-related meetings and events.
Full Job Description
Responsibilities

  • Lead and monitor the bank's CRA program to support ongoing regulatory compliance and performance objectives.
  • Review and analyze CRA, HMDA, ECOA, Fair Lending, and related consumer compliance activities to identify trends, risks, and opportunities for improvement.
  • Partner with internal stakeholders to evaluate community development investments, donations, and service activities for CRA consideration and documentation.
  • Support and coordinate regulatory examinations, internal audits, and compliance reviews, including preparation of responses and supporting documentation.
  • Provide guidance, training, and subject matter expertise to business units on lending compliance requirements and regulatory expectations.
  • Assist in developing, enhancing, and maintaining compliance policies, procedures, monitoring reports, and risk assessments.
  • Prepare reporting and materials for management committees and help promote effective governance of CRA and consumer compliance initiatives.
  • Review and respond to consumer complaints as needed.
  • Review lending and other related advertising and marketing materials.
  • Responsible for attending regulatory, professional/trade and civic association meetings held related to CRA/HMDA/ECOA/Fair Lending compliance.
  • Serve as a trusted compliance partner by helping address regulatory questions, consumer complaints, and emerging compliance matters.


Qualifications

Education/Experience:

Requirements
  1. Bachelor's degree in Business (Finance, Economics or Accounting).
  2. 7+ years of experience directly related to CRA/HMDA/ECOA/Fair Lending compliance administration.
  3. 3+ years in a supervisory or managerial position
  4. Extensive knowledge of consumer regulations, including but not limited to: Community Reinvestment Act, Home Mortgage Disclosure Act, Equal Credit Opportunity Act, Unfair and Deceptive Practices Act, Fair Housing Act, Fair Lending Interagency Statements, TRID, RESPA and TILA.
  5. Periodic travel may be required to the branches and to outside organizations.

Combination of education and experience will be considered.

Skills & Competencies
  1. Proven ability to develop and manage community programs.
  2. Experience with managing the CRA Compliance Examination process and proactively engaging with regulators.
  3. Ability to use sound judgment and make critical decisions regarding CRA compliance with minimal supervision.
  4. Experience with data analysis and reporting.
  5. Knowledge of banking products and services.
  6. Ability to understand and implement job related policies and procedures.
  7. Must have strong familiarity with regulatory banking environment and banking regulations.
  8. Must possess excellent verbal and written communication skills, interpersonal and organizational skills.
  9. Highly self-motivated, self-directed, and attentive to detail.
  10. Proficiency in MS Office Software, (Excel, Word, Outlook, Power Point, and Teams).


Preferences
  • None


Licenses/Certifications
  • None


Job Posting Locations

In this role you can work remote from Miami, Florida, United States

About Ocean Bank

Ocean Bank is a community bank that provides a range of financial services to individuals and businesses in South Florida. The bank was founded in 1982 and is headquartered in Miami, Florida. Ocean Bank offers a variety of banking products, including checking and savings accounts, loans, mortgages, and credit cards. The bank is committed to providing personalized service and building long-term relationships with its customers. Ocean Bank has a strong presence in the South Florida community and is actively involved in supporting local organizations and initiatives. The bank has received numerous awards for its outstanding customer service and community involvement.
Learn more about Ocean Bank
Size
400 employees
Industry
Finance & Insurance
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Ocean Bank

  • Ocean Bank
    CRA Officer
    $90K — $120K *
    Miami, FL 33186 (Miami-Dade County)
    Today
    Finance & Insurance
    In-Person
  • Ocean Bank
    CRA Officer
    $90K — $120K *
    Remote
    2 days ago
    Finance & Insurance
    Remote in Miami, FL
  • Ocean Bank
    Data Privacy & Security Manager
    $90K — $130K *
    Miami, FL 33186 (Miami-Dade County)
    1 month ago
    Finance & Insurance
    In-Person

More Finance & Insurance Jobs

Find similar CRA Officer jobs:

NationwideMiami, FL