Fair Lending Compliance Business Analyst

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Cross River

WebsiteLinkedInAll Job Openings

Marketplace Lending • Small Business Loans • FinTech • Commercial Real Estate Loans • Crowdfunding

501 - 1000 employees

Founded 2008

🏦 Banking

💳 Fintech

☁️ SaaS

💰 $620M Series D on 2022-03

Description

• Cross River’s Compliance team makes sure that our business is always consistent with current regulations. • 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. • Focus on integrating FinTech products to our API by conducting sandbox and production testing. • 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 mentioned in the documentation. • Ability to understand Fintech partner products, models, policies, procedures, application flow, and programmatical flow. • Communicate intricate fact patterns to others by understanding complex business models. • 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. • Propose methods of testing and create testing work papers. Ensure compliance throughout the testing cycle. • Plan and assist with the development and implementation of in-house processes for data collection, assessment, validation, analysis, and correction. • Document processes and procedures for onboarding partner experiences and regulatory requirements.

Requirements

• 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).

Benefits

• 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.