Description

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Responsibilities: • CRA team lead and subject matter expert to be the liaison between the CRA and Technology teams to support BAU changes to the CRA applications. Create business requirements for any system changes or enhancements. • Provide data management and reporting expertise required to comply with the OCC CRA rule. • Provide system research, reconciliation and analysis in support of the bank's CRA program. • Acts as a CRA system lead and subject matter expert for BAU activity in the CRA application including data loads, validations and system set up.  Works with technology to resolve and trouble shoot system and data issues. • Develops extensible/sustainable reporting solutions based on defined business needs. Evaluates functional and technical business requirements, transform those requirements into reporting solutions. • Possesses a strong understanding of reporting and database environments, data analysis and modeling to support the broader CRA team reporting and analytical needs. • Identifies opportunities for responsible growth and efficiencies, within the enterprise, while achieving regulatory goals. Responsible for creating and improving and sustaining CRA reporting across the CRA applications and databases to support analytics. • Proactively seeks opportunities to broaden and deepen technical and regulatory knowledge base and proficiencies. • Exercises judgment and influences business managers and peers to ensure enforcement of risk/regulatory programs, balancing business strategy with appropriate risk management controls. Required Qualifications: • Expert knowledge of SQL queries • Microsoft Excel and Access database expertise • Strong analytical thinking and problem solving • Technical knowledge of CRA and HMDA regulations • Excellent communication and organizational skills • Strong bias for action; results oriented with an ability to manage to deadlines • Ability to manipulate data across systems • Liaison between LOBs and Technology • Data reconciliations • Strong ability to translate business requirements for Technology application • Ability to adapt to a fast paced, rapidly changing environment • Able to perform tasks autonomously with guidance provided in more complex situations • Continuously seeks process improvement • Ability to perform primary responsibilities as well as ability to support a collaborative team environment Desired Qualifications: • Working knowledge of Tableau and MicroStrategy Skills: • Analytical Thinking • Business Analytics • Collaboration • Data Governance • Influence • Interpret Relevant Laws, Rules, and Regulations • Issue Management • Market Analysis • Policies, Procedures, and Guidelines • Process Management • Program Management • Regulatory Compliance • Reporting • Risk Management • Strategy Planning and Development Enterprise Description: This job is responsible for ensuring compliance with the Community Reinvestment Act (CRA); maintaining a comprehensive performance qualification and assessment program that aggregates enterprise results. Key Responsibilities include acting as a low-to-moderate-income subject matter expert and assesses brand/business/regulatory opportunities and consequences to low-to-moderate-income individuals and communities. Job Expectations include advising the front-line units on regulatory expertise, understanding impacts of processes and strategy on the bank’s CRA program. Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy. Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - IL - Chicago - 135 S La Salle St - The Field (IL4135) Pay and benefits information Pay range $120,000.00 - $169,200.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.