Senior Fair Lending Analyst (Hybrid/Remote)

Fort Lee, NJ, United States

Who We Are

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world's most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion.

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker's list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple - our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We're Looking For

The Bank is seeking a Fair Lending Senior Analyst to support multiple Fair Lending Compliance functions, including assisting with various activities and initiatives to identify, assess, monitor, and mitigate fair lending risk; providing subject matter expertise and guidance in fair lending matters related to inquiries from regulators and oversight bodies; and assisting with efforts to collect data and ensure its accuracy and completeness within the context of Fair Lending Compliance Program requirements.

Primary Responsibilities:

Use fair lending, fintech banking, and partner knowledge and subject matter expertise on fair lending data analytics workstreams, including projects with third-party consultants, and projects to support, or respond to, regulatory expectations and requirements.

Work with internal and external stakeholders to manage manual data collection and ensure data integrity within tight timeframes.

Succinctly and clearly communicate intricate fact patterns to others by understanding complex business models with multiple products, investor programs, and tri-party banking relationships.

Evaluate data files to identify questions, concerns, and issues that may affect the Fair Lending and Data Science teams' ability to use the data for fair lending statistical analysis.

Act as the main liaison for multiple projects, including regulatory examination and data analytics workstreams.

Work closely with Fair Lending Data Management, Fair Lending Compliance, Data Science, and Project Managers to ensure that all project statuses and responses are accurate and presented in a timely and professional manner.

Assist with developing and delivering training in areas of expertise.

Assist management with compiling information for reporting as well as audit and regulatory requests; design reports as needed.

Use fair lending subject matter expertise to implement risk identification and monitoring activities to proactively identify products, models, policies, practices, etc. that create fair lending risk or may result in unfair treatment.

Qualifications:

1 - 2+ years of combined fair lending and other related consumer compliance experience in a consumer financial services or regulatory agency.

1 - 2+ years of experience in data collection and management in a consumer financial services organization.

Working knowledge of fair lending-related laws and regulations, including, but not limited to, The Equal Credit Opportunity Act (ECOA/Reg B), Unfair, Deceptive, Abusive Acts and Practices (UDAAP), and the Fair Housing Act (FHA).

Understanding of consumer loan and consumer banking documentation, servicing, and operations.

Understanding of fair lending analytical techniques, including but not limited to raw disparity and regression analysis.

Understanding of industry best practices related to data management, and especially data integrity.

Experience with audits and regulatory exams.

Bachelor's degree required.

Experience acting as a "lead" on compliance/fair lending-related projects and activities, mentoring less experienced team members as necessary.

Computer proficiency, specifically MS Office (Word, Excel, Access, PowerPoint, etc.).

Additional Requirements:

Strong planning and organizational skills.

Excellent communication skills, with the ability to effectively convey complex information to both technical and non-technical audiences.

Critical thinking and the ability to "connect the dots"; to synthesize information from various sources and multiple data points across multiple business units to develop a comprehensive assessment of fair lending and fair banking risk.

Maintain strong time management, organizational, and prioritization skills; ability to complete multiple concurrent tasks within close deadlines with a high degree of accuracy and detail.

Ability to operate successfully in a rapidly-changing, fast-paced environment.

Experience analyzing data from multiple sources, including API databases, data science reports, partner JSON request scripts, and credit application source documentation.

Ability to collaborate successfully across multidisciplinary teams.

Experience working with internal and external stakeholders to identify, communicate, and remediate data observations.

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Salary Range: $80,000.00 - $100,000.00

Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

By submitting your application, you give Cross River permission to email, call, or text you using the contact details provided. We will only contact you with job related information.

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