Fair Lending Analyst
Northwest Bancshares
Nơi làm việc
Warren, PA, USA
Hình thức tuyển dụng
Toàn thời gian
Chi tiết công việc
Job Summary
The Fair Lending Analyst is responsible for analyzing Northwest's Fair Lending loan programs to determine compliance based on regulatory weaknesses identified in risk assessments, aiding in development of reporting for CCO, CLO and Board of Directors, and maintaining Northwest's annual fair lending compliance monitoring program. The Fair Lending Analyst is also responsible to produce written fair lending risk assessments.
Essential Functions
• Strong understand of analytical statistics including regression analysis
• Prepare measurable reports for senior management and the Board of Directors that monitor Northwest’s current level of fair lend compliance performance, and analyze reports regard Northwest’s fair lend compliance requirements
• Assist in fair lend regulatory compliance performance examinations
• Develop train products that address regulatory requirements and weaknesses in Northwest’s staff’s regulatory fair lend compliance knowledge, and relationships with business units
• Assist in monitor and review fair lend requirements for implementation by the business units and compliance departments risk assessments, and development of Northwest’s Fair Lend Program
• Identify the applicable laws and regulations
• Interpret new laws and regulations
• Analyze Northwest's Fair Lending loan programs to determine compliance based on regulatory weaknesses identified in risk assessments
• Aid in development of reporting for CCO, CLO and Board of Directors
• Maintain Northwest’s annual fair lending compliance monitoring program
• Produce written fair lending risk assessments
• Consult with business units to develop appropriate fair lending risk assessment procedures
• Manage multiple projects and meeting deadlines
• Provide support for regulatory examinations regarding fair lending
• Stay informed of fair lending issues and trends
• Communicate with all levels of management
• Working with available compliance and IT software to improve efficiencies
• Prepare management reports
• Develop tools and processes that enhance compliance efficiency
• Ensure compliance within subsidiaries and affiliates
• Identify and resolve compliance issues
• Communicate guidance to appropriate business units
• Perform scheduled risk assessments, and comparative file analysis
• Provide written reports that detail statistical findings and detailed file analysis
• Research and improve report data
• Recommend improvements to procedures
• Minimize departmental non-payroll costs and risk
• Maximize benefits to Northwest
• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
• Work as part of a team
• Work with on-site equipment
Education + Experience
• Bachelor’s degree in Business preferred
• Retail lending background in originations or underwriting or quality control preferred
• National regulatory compliance certification preferred
