Education Required: Bachelors Degree
Experience Required: 3 - 5 Years
Job ID: 9707
Division: Financial Services
Hours of Work: 40 - Exempt
Employment Type: Full-Time Regular
The Fair Lending Compliance Analyst (“Analyst”) is a member of the Compliance Risk Team, and will primarily support the Fair Banking group in administering MidFirst Bank’s (“the Bank”) Fair Lending Policy and Fair Lending Compliance Program (“the Program”). In doing so, the Analyst will perform data collection and analysis, research, review, and reporting, focused on identifying, assessing and monitoring of fair lending risk.
The Analyst reports to the CMS Risk Manager and works closely with the Bank’s Compliance and Business Unit Managers in the administration of overall fair lending compliance related activities.
Manage and direct data collection and data validation activities to support fair lending statistical analysis. Assists with the administration of Fair Lending Software and other business application software platforms.
Perform fair lending statistical monitoring and analysis of lending and loan servicing data for enterprise-wide adherence with the Program. Analysis may include marketing, redlining, underwriting, pricing, steering, loss mitigation, peer lending activity, etc.
Communicate (orally and written) results of fair lending analysis to business units, governance committees and regulators in a clear, complete and concise manner.
As needed, support the Compliance Department with the review of loan files for potential unfair treatment.
Assist in conducting fair lending assessments by providing fair lending data to the Compliance Risk Team. Identify and prescribe recommendations based on data conclusions. Review complaints and analyze complaint data for trends and to assess potential fair lending risk and effectiveness of fair lending controls.
Prepare reports and other presentations for the Fair Banking Subcommittee, the Compliance Committee and other governance committees.
Collaborate with other Compliance personnel in the design and maintenance of business line reports, including key risk indicators and key performance indicators, to monitor for fair lending risk.Plan and execute Fair Lending Compliance Program initiatives with guidance from the Fair Banking Officer and CMS Risk Manager.
Prepare for regulatory exams, internal audits and Compliance testing events.
Perform other assignments as requested.
Bachelor’s degree or Associate’s Degree with three years of work experience with business application software.
Ability to independently perform risk analysis and furnish reporting to senior management.
Excellent skills in analyzing technical data, identifying trends and issues and formulating effective solutions.
Ability to learn or current understanding of: consumer protection laws and regulations—particularly, Equal Credit Opportunity Act, the Fair Housing Act – as well as bank supervisory compliance examination procedures are preferred.
Strong communication skills.
Well organized, efficient, detail-oriented, self-starter, results oriented, able to work independently.
Excellent project management and organizational skills with the ability to manage multiple on-going assignments, exceptional follow through discipline, and ability to manage large volume of information on schedule.
Proficiency in Microsoft Office products and able to quickly learn/navigate various internal systems.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.