Fair Lending Analyst (Full Time) - Sugar Land

Prosperity Bank; Sugar Land, Northern (TX, KY); On-site; USD 68,000 - 98,000; Full time

Job summary

Prosperity Bank in Sugar Land, TX seeks a Fair Lending Analyst to support the bank’s Fair Lending program, monitor compliance, and prepare regulatory-relevant analyses.

You will work on data-heavy reporting, assist with regression testing, and collaborate with lending teams to ensure documentation and processes meet policy standards.

Qualifications

• Bachelor’s degree in business, systems technology, or related field/equivalent, preferably in a financial institution.
• Knowledge of regulatory compliance regarding Fair Lending.
• Strong understanding of statistical methodologies with regression analysis to identify pricing, underwriting, and servicing disparities.
• Experience building analytical reports and working with Fair Lending analytics tools.

Responsibilities

• Compile, organize, and maintain fair lending reports, analyses, and documentation.
• Perform secondary quality control review of Fair Lending files in the software system.
• Assist in preparing reports for management, committees, and regulatory examinations.
• Monitor assigned reports and follow up with business units for required 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 or regulatory examinations.
• Establish and maintain effective communication with lending associates for loan file documentation.
• Other duties as assigned.

Skills

Analytical skills

Detail oriented

Time management

Interpersonal skills

Organization

Excel

Word

Multitasking

Education

Bachelor’s degree in business, systems technology, or related field/equivalent

Tools

Risk Exec / Lending Patterns

Job description

Fair Lending Analyst (Full Time) - Sugar Land

Full Time Analyst Sugar Land, TX, US

30+ days ago Requisition ID: 10810

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

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.

Equal Opportunity Employer

Prosperity Bank is an Equal Opportunity Employer.

Hours: Monday - Friday 8:00 AM - 5:00 PM.
40 hours per week.