Fair Lending Analyst (Full Time) - Sugar Land

Prosperity Bank and Trust Co; Sugar Land (TX); On-site; USD 70,000 - 100,000; Full time

Job summary

Prosperity Bank in Sugar Land, TX seeks a Fair Lending Analyst to support the bank's Fair Lending Program. You will provide analytical and administrative support for monitoring, reporting and regulatory compliance activities.

The role involves compiling reports, assisting with examinations, and collaborating with lending teams to ensure accurate loan pricing and underwriting decisions. Strong analytical and Excel skills are required.

Qualifications

• Knowledge of regulatory compliance regarding Fair Lending.
• Strong understanding of statistical methodologies with regression analysis.
• Experience building analytical reports and working with fair lending tools.
• Experience with bank loan policy underwriting and pricing guidelines.

Responsibilities

• Compile, organize, and maintain fair lending reports and analyses.
• Perform secondary quality control review of fair lending files.
• Assist in preparing reports for management, committees, and regulatory examinations.
• Monitor reports and follow up with business units to obtain information.
• Support in regression testing and data analysis of loan documentation.

Skills

Regulatory compliance

Statistical analysis

Analytical reporting

Fair lending analytics tools

Excel & Word

Communication skills

Education

Bachelor's degree in business/related field

Tools

Lending Patterns software

Job description

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Fair Lending Analyst (Full Time) - Sugar Land

Full Time Analyst Sugar Land, TX, US

2 days ago Requisition ID: 10810

Prosperity Bank is an Equal Opportunity Employer.

POSITION PURPOSE

The Fair Lending Analyst provides administrative and analytical support for the Bank’s Fair Lending Program. This position assists with fair lending monitoring, reporting, data analysis, documentation, and regulatory compliance activities to help ensure adherence to applicable fair lending laws, regulations, and internal policies.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

• Compile, organize, and maintain fair lending reports, analyses, and supporting documentation.
• Perform secondary quality control review of Fair Lending files within software system.
• Assist in preparing reports for management, committees, and regulatory examinations.
• Monitor assigned reports and follow up with business units to obtain requested information.
• Assist with regression testing and comparative file reviews by gathering and analyzing loan documentation.
• Support Fair Lending Risk Manager in preparation of periodic reporting, regulatory examinations or ad-hoc assignments as required.
• Establish and maintain effective communication with lending associates for completion of required loan file documentation.
• Other duties as assigned.

The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.

SUPERVISORY RESPONSIBILITIES

This role has no supervisory responsibilities.

QUALIFICATIONS

Education/Certification:

Bachelor’s degree in business, systems technology, or related field/equivalent in work experience preferably in a financial institution

Required Knowledge:

• Knowledge of regulatory compliance regarding Fair Lending
• Strong Understanding of statistical methodologies with regression analysis with focus on identifying and analyzing pricing, underwriting, and servicing disparities throughout the credit life cycle.
• Risk Exec/Lending Patterns software experience a plus.
• Sound knowledge of the Consumer Mortgage Lending Process and workflow.

Experience Required:

• Experience building analytical reports
• Working knowledge of Fair Lending Analytics tools
• Experience with Bank Loan Policy underwriting and pricing guidelines.
• 3-5 years of relative experience in product pricing and credit underwriting and/or fair lending compliance
• Prior experience working in a U.S. Bank in a compliance or credit underwriting related role or compliance tester, preferably in fair lending compliance

Skills/Abilities:

• Ability to work both collaboratively and independently
• Strong Analytical and Quantitative Skills.
• Detail oriented
• Strong Time Management
• Proficient computer knowledge and ability to work with multiple applications
• Proficient Microsoft Excel and Word knowledge and database applications.
• Well organized.
• Excellent interpersonal skills.

Hours: Monday - Friday 8:00 AM - 5:00 PM.

40 hours per week.