The Role
Owns the bank’s Community Reinvestment Act program, including loan and community development data collection, geocoding, validation, regulatory reporting, public file maintenance, dashboards, strategic plan tracking, and examination preparation. The role monitors CRA regulations, evaluates qualified activities, analyzes performance data, and coordinates compliance efforts across commercial underwriting, SBA lending, and treasury teams.
Summary Generated by Built In
Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources.
We are a highly experienced team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.
Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with integrity and respect.
Our focus on cross-functional teamwork provides a culture where ideas are valued, accountability is encouraged, and successes are celebrated. We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.
Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston.
What you'll do:
Grasshopper Bank is seeking a highly motivated Senior CRA Analyst to take ownership of the day-to-day execution and administration of the Bank’s Community Reinvestment Act (CRA) Program. In this role, you will apply your strong technical knowledge of CRA regulations to lead performance monitoring, manage data integrity, and coordinate regulatory reporting to ensure our digital commercial banking platform remains examination-ready.
As Grasshopper Bank actively prepares for and pursues a formal CRA Strategic Plan, this position will play a key role in preparing data baselines and establishing the tracking dashboards to monitor our progress against strategic goals.
In a shifting regulatory landscape, you will be expected to maintain up-to-date, forward-looking knowledge of the CRA environment, interagency regulatory updates, and modernizing rule changes.
Operating as a digital-first commercial bank, Grasshopper’s community development and lending initiatives focus strictly on the business and innovation economies. You will work cross-functionally with commercial underwriting, SBA lending, and treasury teams to ensure our commercial loans, SBA 7(a) and 504 originations, and qualified investments are accurately tracked, validated, and documented.
What You’ll Do
As Grasshopper Bank actively prepares for and pursues a formal CRA Strategic Plan, this position will play a key role in preparing data baselines and establishing the tracking dashboards to monitor our progress against strategic goals.
In a shifting regulatory landscape, you will be expected to maintain up-to-date, forward-looking knowledge of the CRA environment, interagency regulatory updates, and modernizing rule changes.
Operating as a digital-first commercial bank, Grasshopper’s community development and lending initiatives focus strictly on the business and innovation economies. You will work cross-functionally with commercial underwriting, SBA lending, and treasury teams to ensure our commercial loans, SBA 7(a) and 504 originations, and qualified investments are accurately tracked, validated, and documented.
What You’ll Do
- Own the end-to-end data collection, geocoding, and validation processes for commercial and Community Development (CD) loans, ensuring high-quality, audit-ready data.
- Independently review, evaluate, and document qualified Community Development (CD) loans, investments, and service activities submitted by various business lines
- Maintain the Bank’s CRA Public File and coordinate the compilation, scrubbing, and timely submission of annual small business loan registers under regulatory standards
- Maintain records of the Bank’s qualified donations, sponsorships, and volunteer service hours targeting small business technical assistance and economic development
- Lead the compilation of historical performance data, peer analyses, and baseline metrics to support the drafting, regulatory submission, and ongoing tracking of the Bank’s CRA Strategic Plan
- Build and maintain performance dashboards to monitor Grasshopper’s progress against designated CRA Strategic Plan targets, proactively flagging areas of opportunity or risk
- Actively track, analyze, and interpret the evolving CRA regulatory landscape, assessing the impact of new interagency modernization rules and advising on necessary adjustments to bank processes
- Gather documentation, organizing technical request lists, and preparing data files for internal audits and OCC regulatory examinations
What you need:
- 3–5 years of direct experience in CRA compliance, data analysis, or commercial loan compliance within a regulated financial institution
- Advanced skills working with large datasets, geocoding tools, and reporting software to synthesize complex information into actionable compliance insights
- Strong, up-to-date understanding of the Community Reinvestment Act, technical reporting requirements for small business loans, and upcoming regulatory modernization changes
- Experience leveraging AI to document and package community development activities
- Solid understanding of commercial loan files, SBA loan structures (7(a) and 504), and experience utilizing commercial loan systems (such as nCino)
- Proven ability to manage data compliance projects independently, coordinate multi-departmental requests, and drive initiatives with minimal supervision
- Bachelor’s degree in finance, business, public policy, or a related field; professional certifications (e.g., CRCM) are a plus
About
Grasshopper is a client-first digital bank serving small businesses, startups, and investors supporting them across the innovation economy. Our digital solutions cover small business, venture-backed companies, fintech-focused Banking-as-a-Service (BaaS) and commercial API banking platforms, SBA lending, commercial real estate lending, and yacht financing. Privately owned and headquartered in New York City, the bank is a Federal Deposit Insurance Corporation member and is an Equal Housing/Equal Opportunity Lender.We're always looking for talented, driven, visionary people to join our team. If you don't see the job that fits your skillset, please send your resume to [email protected].
Skills Required
- 3-5 years of direct experience in CRA compliance, data analysis, or commercial loan compliance within a regulated financial institution
- Advanced skills working with large datasets, geocoding tools, and reporting software
- Strong, up-to-date understanding of Community Reinvestment Act regulations and small business loan reporting requirements
- Knowledge of upcoming CRA regulatory modernization changes
- Experience leveraging AI to document and package community development activities
- Understanding of commercial loan files and SBA 7(a) and 504 loan structures
- Experience using commercial loan systems such as nCino
- Ability to independently manage data compliance projects and coordinate multi-departmental requests
- Bachelor’s degree in finance, business, public policy, or a related field
- Professional certification such as CRCM
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The Company
