Senior Compliance Officer - Fair Lending Analytics - Model Development

About this role

Overview
This is a remote role that may be hired in several markets across the United States


The Senior Compliance Officer is a key member of the Fair Lending Analytics team. The Senior Compliance Officer will identify, monitor, and mitigate fair lending risks in lending products, models, and processes, creating reports for management, ensuring regulatory compliance, and advising business partners on preventing discrimination, often requiring a quantitative background and consumer finance experience.


The Senior Compliance Officer uses advanced quantitative and technical skills to produce insightful reporting, modeling analysis, and recommendations that enables sound and profitable risk management and strategic decisions. This Officer is responsible for maintaining the skills and knowledge relevant to their assigned job responsibilities. In addition, the Officer promotes and advocates the adoption of appropriate new methodologies for quantitative models and analysis that benefit the Bank. Provides assistance with identifying and designing quantitative solutions to problems as presented by management to further the Bank’s strategic plans.


Responsibilities

• Develop and maintain quantitative statistical models used to identify potential compliance/fair lending risk, including complex financial, econometric, and statistical frameworks. Implement, test and document internally and externally developed and/or licensed models.
• Analyze and document model output, ongoing performance monitoring, and communication of conclusions and recommendations in a clear and concise manner to senior managers and executives.
• Prepare analyses and documentation for model validation, Internal Audit, Enterprise Risk Management and Regulatory findings and requirements.
• Develop automated solutions to simplify challenging and repetitive processes. Recommend process and operational improvements that enhance efficiencies and reduce risk.
• Utilize industry standard q...