Fair Lending Compliance Advisor

Best Egg is the leading financial confidence platform that provides flexible solutions to real-life challenges for people with limited savings. We leverage real-time customer insights and data science to connect more people with the right products for their financial needs. Our offers include a growing suite of products such as personal loans, a credit card, and flexible rent, which are complemented by a suite of financial health tools to help customers make smart financial decisions and stay on track, so they can be money confident no matter what life throws at them.

Our culture and values inspire our employees and customers to embrace Best Egg. We are committed to championing a culture of inclusiveness and diversity of thought, and we focus on providing a safe, flexible, and collaborative work environment. Our employees are encouraged to engage in creative problem solving, and we promote opportunities for growth and enrichment across the organization.

If you are inspired by inspiring others, Best Egg is the place for you.

Best Egg promotes diversity and equal opportunity. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better we will grow.

The Fair Lending Compliance Advisor provides support to the Director of Fair Lending Compliance and the Fair Lending Officer by conducting analyses to assess fair lending underwriting, pricing, and redlining risks based on regulatory guidance and policies. The Fair Lending Compliance Advisor will 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.  This role will support new and existing Best Egg consumer lending products. This role will also provide a unique opportunity to partner with departments across Marlette and to be involved in all facets of the Best Egg platform as it continues to build and grow.

• Support and advise the business on fair lending risk in the development of new products, programs and services.
• Maintain appropriate knowledge of fair lending laws and regulations, guidance, and other legal and regulatory developments. Provide subject matter expertise to the business lines.
• Conduct thorough and detailed analyses, testing, and validation of fair lending risks.
• Perform Fair Lending monitoring and data analysis primarily through interpretation and analysis of loan level data
• Review third party vendor’s compliance with fair lending policies, procedures, and practices.
• Review policies and procedures, and consumer facing collateral, including marketing and disclosures for UDAAP and fair lending compliance 
• Review and identify potential fair lending concerns related to consumer complaints
• Assist the business with issue remediation, complaint resolutions and formal responses from a UDAAP and fair lending perspective.
• Review third party vendor’s compliance with fair lending policies, procedures, and practices.

• 2-4+ years of combined fair lending/fair banking and other related consumer compliance experience in a consumer financial services or regulatory agency.
• Must be familiar with all consumer financial protection regulations with specific focus in ECOA/Reg. B and UDAAP
• Familiarity with fair lending analytical techniques, including but not limited to raw disparity and regression analysis.
• Superior organizational and communication skills, and the ability to handle multiple projects simultaneously in a deadline-oriented environment
• The ability to collaborate effectively and propose alternate solutions
• Must work well both independently and as part of a team
• Bachelor’s degree or equivalent experience required
• JD/CRCM preferred

Our Brand:

At Best Egg, we believe money should be accessible so people can reach their goals, live a fuller life, and feel pride in knowing they have taken control of their finances.  For those who need extra money to achieve the progress they seek in life, Best Egg is the modern solution-minded finance provider that mixes decades of banking experience with smart technology and deep customer insight to create products designed for today’s borrower, so that people can establish a smoother financial path. The egg symbolizes protection and a fresh start.  

Employee Benefits

Best Egg offers many additional benefits for our employees, including (but not limited to):

·       Pre-tax and post-tax retirement savings plans with a competitive company matching

program

·       Generous paid time-off plans including vacation, personal/sick time, paid short--

term and long-term disability leaves, paid parental leave, and paid company

holidays

·       Multiple health care plans to choose from, including dental and vision options

·       Flexible Spending Plans for Health Care, Dependent Care, and Health

Reimbursement Accounts

·       Company-paid benefits such as life insurance, wellness platforms, employee

assistance programs, and Health Advocate programs

·       Other great discounted benefits include identity theft protection, pet insurance,

fitness center reimbursements, and many more!

#LI-REMOTE

In compliance with the CCPA, Best Egg is fully committed to handling the personal information and data of employees and job applications responsibly with respect and due care. Review our CCPA Employee Policy  here