Compliance Analyst jobs in Clifton, NJ

Bank located in NJ is looking to hire a Fair Lending Compliance Analyst

• Develop, implement, and oversee the Bank’s Compliance Fair Lending Monitoring Program to ensure compliance with all fair lending laws, regulations, and guidance
• Conducts data analysis of the Bank’s consumer compliance data, to include Home Mortgage Disclosure Act (HMDA), and other lending related data to identify lending anomalies that may indicate a need for management to adjust current procedures and/or practices to eliminate and/or mitigate possible fair lending risks
• Analyze risk associated with underwriting, pricing, and servicing using business data and statistical analysis software
• Identify interdependencies and trends in data analyses
• Perform ongoing fair lending statistical analysis to identify fair lending risks using programming skills, regression analysis, statistical techniques for disparate treatment and impact testing for the enterprise, and exceptions evaluation
• Design and develop key compliance management dashboards
• Stay abreast of changes to federal and applicable state banking laws and regulations affecting the management, operations and product offering of the enterprise.
• Collaborate in the assessment of UDAAPs and fair lending risks and recommend actions to be taken and/or controls to be implemented
• Analyze business results to identify issues and propose potential solutions
• Request and collect documentation to support analyses
• Participate in projects and/or additional responsibilities as assigned
• Performs other duties as assigned