Sr. Fair Lending Analyst

Position Title Sr. Fair Lending Analyst Location Headquarters-Troy, MI Job Summary 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. Job Responsibilities: 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. Job Requirements: 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 Internal Use Only: Pay Band E Who We Are New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York with regional headquarters in Troy, Michigan. Proforma, at September 30, 2022, the Company had $88.4 billion of assets, $66.0 billion of loans, deposits of $58.3 billion, and total stockholders’ equity of $9.3 billion. Flagstar Bank, N.A. operates 395 branches across nine states, including strong footholds in the Northeast and Midwest and exposure to high growth markets in the Southeast and West Coast. Through its Flagstar Mortgage division, the Company operates nationally through 81 retail home lending offices and a wholesale network of approximately 3,000 third-party mortgage originators. Our History New York Community Bancorp, Inc., through its subsidiary bank, Flagstar Bank, N.A., has deep roots in two major markets; the Northeast, specifically, New York City and in Michigan. The Company was founded in 1859 as the Queens County Savings Bank, and was the first savings bank chartered by the state of New York in the New York City Borough of Queens. The Company went public in 1993 and has grown organically and through a series of accretive mergers and acquisitions, culminating in its recent acquisition of Flagstar Bancorp, Inc., which closed on December 1, 2022. Flagstar Bank’s origins date back to 1987 in Bloomfield Hills, Michigan when it was known as First Security Savings Bank. It was chartered as a federal savings bank in 1987 and adopted the Flagstar name in 1996, reflecting a series of acquisitions of its own. Flagstar has a retail presence in four Mid-western states and in California, while its mortgage division conducts business nationally. What We Do New York Community Bancorp, Inc. has market-leading positions in several national businesses, including multi-family lending, mortgage origination and servicing, and warehouse lending. The Company is the second-largest multi-family portfolio lender in the country and the leading multi-family portfolio lender in the New York City market area, where it specializes in rent-regulated, non-luxury apartment buildings. Flagstar Mortgage is the 7th largest bank originator of residential mortgages for the 12-months ending September 30, 2022, while we are the industry’s 5th largest sub-servicer of mortgage loans nationwide, servicing 1.4 million accounts with $360 billion in unpaid principal balances. Additionally, the Company is the 2nd largest mortgage warehouse lender nationally based on total commitments. For more information: flagstar.com/eeoc Member FDIC/Equal Housing Lender

Salary : $88 - $360