Cathay Bank · 2 days ago
CRA Analyst
El Monte, CA
Full-time
Onsite
Entry Level
$26.44/hr - $32.69/hr
1+ years expCathay Bank is a financial institution dedicated to supporting its community and fostering employee growth. The CRA Analyst role involves providing analytical support to ensure compliance with the Community Reinvestment Act, monitoring CRA performance, and assisting in various CRA-related activities.
BankingFinanceFinancial Services
Responsibilities
Review lending data to identify and qualify loans reportable under the CRA (both small business and community development loans)
Input and prepare data into Ncontracts data collection software for internal review and annual submission with precision
Assist in reviewing CRA compliance data that conforms to internal policy and procedures and external regulations
Prepare and maintain Community Development Loans Spreadsheet
Review the Downpayment Assistance Program (DAP) Grants for Director of Community Development/designee’s approval
Perform for Director of Community Development/designee’s approval the monthly Suspense GL Certification of DAP grants for submission to the Controller’s Dept
Coordinate participation in Federal Home Loan Bank Board (FHLB) Workforce Initiative Subsidy for Homeownership (WISH) lending program and review documentation to ensure that loans qualify for reimbursement from the FHLB
Coordinate participation in FHLB’s community programs, such as, the Middle-Income Downpayment Assistance, Access to Housing and Economic Assistance for Development (AHEAD), and the Empowering Black Homeownership matching grant program
Monitor reports and assist in the preparation of quarterly reports, self-assessment, and strategic plan
Provide Lending Status Reports for Director of Community Development and regional managers
Assist with the maintenance of CRA information updates – Intranet, Public File, Bulletin, forms and charts
Assist with CRA activity performance tracking in other areas as needed
Complete assigned training courses in a timely manner
Qualification
Required
Bachelor's Degree preferably in Business, Accounting, or Finance
Minimum one year of banking experience required
Strong computer skills; proficient with Microsoft Office products
Good organizational and analytical skills
Good verbal and written communication skills
Highly organized, results-oriented with strong attention to detail and good follow-through skills
Highly enthusiastic and self-motivated
Willingness to work overtime occasionally to accomplish and meet deadlines, and to attend CRA activities
Ability to work offsite to perform service hours and attend CRA activities
Ability to work independently and meet deadlines
Preferred
Prior lending experience strongly preferred
Some working knowledge of accounting or commercial loan underwriting
Knowledge of CRA data collection software and SharePoint preferred but not required
Benefits
Medical insurance
Dental insurance
Vision insurance
Life insurance
Long-term disability insurance
Flexible spending accounts (FSAs)
Health saving account (HSA) with company contributions
Voluntary coverages
401(k)
Company
Cathay Bank
Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.
1001-5000 employees
H1B Sponsorship
Cathay Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (1)
Funding
Current Stage
Late StageLeadership Team
Chang Liu
President & Chief Operating Officer
Bob Romero
SVP/CIO
Recent News
Morningstar.com
2025-11-10
The Real Deal
2025-10-26
Company data provided by crunchbase