Compliance Fair Lending Analyst

Who We Are

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion.

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We're Looking For

The Bank is seeking a Fair Lending Analyst. This position supports the Fair Lending Compliance team by assisting with various activities and initiatives to identify, assess, monitor, and mitigate fair lending risk. This position is responsible for executing on a range of work products that often reflect subject matter expertise and guidance in fair lending matters to manage fair lending risk.

Primary Duties and Responsibilities:

The Fair Lending Analyst performs a wide range of duties including much of the following:

• 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.
• Conduct work related to fair lending risk assessments.
• Review change management request to identify potential fair lending concerns.
• Review and identify potential fair lending concerns related to consumer complaints.
• Assist with developing and delivering fair lending training.
• Assist management with the compilation of information for reporting as well as audit and regulatory requests.

Qualifications:

• 2-4+ years of combined fair lending/fair banking and other related consumer compliance experience in a consumer financial services or regulatory agency.
• Working knowledge of fair lending and fair banking-related laws and regulations, including, but not limited to, Equal Credit Opportunity Act (ECOA/Reg B), Unfair Deceptive Abusive Acts and Practices (UDAAP), the Fair Housing Act (FHA), and the Fair Credit Reporting Act (FCRA).
• Familiarity with fair lending analytical techniques, including but not limited to raw disparity and regression analysis.
• Understanding of consumer loan and consumer banking documentation, servicing, and operations.
• Bachelor’s degree required.
• Experience with project collaboration and working with project management software systems
• Computer proficiency, specifically MS Office (Word, Excel, Access, PowerPoint, etc.).
• Strong planning and organizational skills.
• Excellent presentation and communication skills, including technical writing capabilities.
• Critical thinking and the ability to "connect the dots"; to synthesize information from various sources and multiple data points across multiple business units to develop a comprehensive assessment of fair lending and fair banking risk.
• Strong communication skills with an ability to convey complex topics and recommendations.
• Ability to operate successfully in a fast-paced environment.
• Ability to collaborate successfully across internal teams.

#LI-JJ1 #LI-Hybrid #LI-Onsite

Salary Range: $70,000.00 - $90,000.00