Sr. Fair Lending Analyst- Troy, MI or Hicksville, NY or Work from home United States

Sr. Fair Lending Analyst- Troy, MI or Hicksville, NY or Work from home United States Work From Home United States The Sr Fair Lending Analyst reports directly to the Fair Lending Director to aid in administering the Bank’s Fair Lending and Responsible Banking Policy and Fair Lending Compliance Program. The Analyst will ensure compliance with Fair Lending, ECOA, HMDA and UDAAP through data collection, analyses, monitoring and testing, and reporting of the Bank’s Fair Lending risk.

This position can be at our Troy, MI location or Hicksville, NY location. Pay Range: $71,600.00 - $87,947.00 - $132,600.00

• Monitor the Bank’s compliance with Fair Lending laws by utilizing CRA and Fair Lending Wiz to analyze lending activities and identify risks. Statistical analyses will be performed to determine risk associated with underwriting, pricing, redlining, steering, and servicing. Perform regression testing, identify matched pairs, and conduct file reviews to monitor potential unfair treatment. CRA and Fair Lending Wiz will also be used to create maps and perform peer analyses.
• Review marketing materials and other external-facing communications for potential compliance issues. Monitor complaints and analyze complaint data for trends to assess potential fair lending risk. Prepare for regulatory exams, internal audits and Compliance testing events.
• Collaborate with the Compliance Partners and business units to report results of fair lending testing, and implement control enhancements if necessary. Also assist Compliance Partners by reviewing fair lending policies, procedures and training materials, for business units.
• Assist in conducting the Fair Lending Risk Assessment, including evaluation of inherent risk as well as the sufficiency of business unit controls to detect and prevent fair lending risk.
• As a subject matter expert, provide guidance to business units on the Fair Lending-related regulations by keeping abreast of developing trends and changes in regulations relating to Fair Lending, including: CRA, HMDA, ECOA, FHA, and other regulations as applicable.
• Ensure compliance with applicable federal, state and local laws and regulations. Complete all required compliance training. Maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Take responsibility to keep up to date with changing regulations and policies.

• Bachelor's Degree Required. Field of Study: (Business related field Preferred)
• Experience in fair lending laws, generating statistical reports, and performing analyses and reporting in mortgage, commercial and/or consumer lending settings.
• Experience with statistical/data regulatory compliance analysis platforms such as RATA Comply, RiskExec, CRA/Fair Lending Wiz, SAS or any other related programs.
• Native or professional proficiency in Spanish a plus.
• 7+ years of experience in ECOA and FHA
• 7+ years of experience in conducting fair lending statistical analysis and/or comparative file reviews
• 7+ years of experience in a financial institution, auditing firm, consulting firm, risk management, or regulatory compliance
• Ability to create models to perform Fair Lending analysis, monitoring and testing
• Ability to manage and provide compliance related oversight to multiple business lines.
• Strong problem solving and analytical skills
• Knowledge of mortgage lending