Fair Lending Compliance Technical Business Analyst, Cross River

• Bachelor’s degree in a financial or quantitative field (e.g. Finance, Accounting, Statistics, Economics, Applied Mathematics, Computer Science) required
• 3+ years industry experience in finance/banking with knowledge of how consumer and commercial loans, and credit cards are underwritten and priced
• Proficiency in data analysis tools and techniques, with the ability to perform analyses using software such as Excel
• Excellent communication skills, with the ability to effectively convey complex information to both technical and non-technical audiences
• Ability to work independently to produce high quality work products
• Demonstrate strong problem-solving, conceptual, written, verbal, and attention to detail skills. Ability to collaborate with internal and external stakeholders
• 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
• Quickly learn project and change management tools (e.g. monday.com, Jira, Confluence, Zendesk, SharePoint)

Desirable

• Cross River’s Compliance team makes sure that our business is always consistent with current regulations, and as Fair Lending Business Data Analyst, you play a key role
• You will partner with the Fair Lending Business Data Manager and Fair Lending Data Management team to assess and evaluate fair lending performance of CRB third-party Partners, perform transactional testing, identify and resolve control deficiencies, and execute remediation plans
• You are a motivated team player and work seamlessly with cross-functional teams, advocating best practices and continually looking for ways to improve process control in the most efficient way possible
• In this role you will primarily focus on integrating FinTech products to our API by conducting sandbox and production testing
• Additionally, you will assist with performing statistical analysis and transaction reviews to determine Fair Lending risks associated with CRB and its FinTech partners in underwriting and pricing
• Review Fintech partner policies and procedures in depth and build a data dictionary field list following CRB procedures with all the stated and interpreted critical data elements (CDE) mentioned in the documentation
• Ability to understand Fintech partner products, models, policies, procedures, application flow, and programmatical flow
• Succinctly and clearly communicate intricate fact patterns to others by understanding complex business models that involve multiple products, investor programs, and tri-party banking relationships
• Obtain and analyze data from multiple sources by reviewing several API databases, data science reports, JSON scripts, and application source documentation
• Work with Fintech partners to communicate all identified data observations and document responses. Manage the data remediation from Fintech partners in the API and/or data tapes
• Manage data quality testing schedules to ensure all tasks and reporting are completed within established timeframes
• Work closely with Fair Lending Compliance, IT, Product, Engineering, and Data Science to continuously enhance the API framework by identifying bugs, automations, and validation rules
• Propose methods of testing and create testing work papers. Additionally, ensure testing methodologies comply with required guidelines and regulations throughout the entire testing cycle
• Plan and assist with the development and implementation of in-house processes for data collection, assessment, validation, analysis, and correction to determine any limitations on reliability or usability of the data necessary for Fair Lending and Compliance monitoring and testing
• Document processes and procedures for onboarding partner experiences and regulatory requirements