PA0736 Administration CenterJob DescriptionThe 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 analysisPrepare 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 requirementsAssist in fair lend regulatory compliance performance examinationsDevelop train products that address regulatory requirements and weaknesses in Northwest's staff's regulatory fair lend compliance knowledge, and relationships with business unitsAssist 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 ProgramIdentify the applicable laws and regulationsInterpret new laws and regulationsAnalyze Northwest's Fair Lending loan programs to determine compliance based on regulatory weaknesses identified in risk assessmentsAid in development of reporting for CCO, CLO and Board of DirectorsMaintain Northwest's annual fair lending compliance monitoring programProduce written fair lending risk assessmentsConsult with business units to develop appropriate fair lending risk assessment proceduresManage multiple projects and meeting deadlinesProvide support for regulatory examinations regarding fair lendingStay informed of fair lending issues and trendsCommunicate with all levels of managementWorking with available compliance and IT software to improve efficienciesPrepare management reportsDevelop tools and processes that enhance compliance efficiencyEnsure compliance within subsidiaries and affiliatesIdentify and resolve compliance issuesCommunicate guidance to appropriate business unitsPerform scheduled risk assessments, and comparative file analysisProvide written reports that detail statistical findings and detailed file analysisResearch and improve report dataRecommend improvements to proceduresMinimize departmental non-payroll costs and riskMaximize benefits to NorthwestAdditionalEssential FunctionsEnsure compliance with Northwest's policies and procedures, and Federal/State regulationsNavigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiencyWork as part of a teamWork with on-site equipmentAdditionalResponsibilitiesComplete special projects as assigned Safety and Health for those without supervisory dutiesAbide by the rules of the safety and loss prevention programPerform work tasks in a safe mannerReport any and all injuries to supervisorKnow what to do in case of an emergencyQUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EducationBachelor's Degree in business management General EmployeeKnowledge, Skills, and AbilitiesAbility to establish effective working relationships among team members and participate in solving problems and making decisionsAbility to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or writtenAbility to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and informationAbility to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and informationAbility to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas Additional Knowledge, Skills and AbilitiesStrong writing and communication skills Strong retail lending background in originations or underwriting or quality controlLicenses and Certifications National regulatory compliance certification Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. SummaryLocation: Warren, PA
Type: Full time

Also on the board Same function, level within a rung

Level

Mid

Location

Warren, PA

Occupation

Compliance Managers

Industry

Consumer Lending

Posted

17 days ago

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