At FNBO, our employees are the heart of our story—and we’re committed to their success! Please see below the details of this career opportunity and how it fits into our organization’s success.Our Modern, Flexible Workplace:We believe in a Modern, Flexible Workplace, and we are continuously exploring advancements in technology and office environments to make it easier to work from anywhere at any time, allowing for more flexibility in where and how you work. We know that choice and flexibility are important to you. We also recognize that flexible and remote positions can become opportunities for military partners, caregivers, and individuals with disabilities to thrive at our company. We invite you to consider what a Modern, Flexible Workplace can mean for you!It is anticipated that an incumbent in this role will work remotely 100% of the time and will share a hoteling workspace if/when working onsite, as determined by business needs. The incumbent can work remotely from anywhere in FNBO’s 8 state footprint.Summary of the Job:The Sr. Associate, Fair Lending Compliance Analyst is responsible for subject matter expertise related to various FNBO Fair Lending Compliance program components. This role works independently to help design, lead and implement important pieces of the Fair Lending Compliance program framework.Senior Associate is responsible for performing various Fair Lending Program daily functions, including and not limited to: consulting with business units on new products, services, marketing criteria and credit strategies, reviewing of business line policies and procedures, designing effective testing and monitoring to mitigate fair lending risk, and review of fair lending complaints.Senior Associate may be requested to prepare and review exception reporting and other key fair lending testing reports utilizing existing fair lending software packages and Microsoft Excel. Additionally, Senior Associate will be tasked with detailed review of data in business systems, comparative file reviews, branch opening and closing reviews, risk assessments, and other duties as assigned.About This Role:Fair Lending Analysis, Testing and Monitoring (50%)
Propose testing items to be included on the fair lending testing calendar in partnership with the Fair Lending Director.
Accountable for completing fair lending statistical analyses (primarily within Asurity’s RiskExec software), including: HMDA/CRA/1071 Redlining Distribution Analysis, HMDA and 1071 Underwriting and Pricing Regression Analysis, Collateral Denial Analysis, Credit Card fair lending testing.
Maintain testing and control records in Archer to ensure accurate and effective control environments are being considered in the Fair Lending Risk Assessment.
Assign proxies to records without race/ethnicity and gender data via BISG.
Complete root cause analyses in accordance with Fair Lending Program methodology to assess both Bank- and market-specific factors that identify the source of underperformance.
Develop monitoring and reporting that can be clearly understood by the lines of business to aid in assessing the effectiveness of actions implemented in response to formal action plans.
Advisory (30%)
Accountable for providing ECOA- and fair lending-related guidance to the lines of business.
Work proactively with business line contacts and management to ensure effective and efficient compliance risk management solutions are identified and implemented.
Review line of business policies, procedures and training from an ECOA/Fair Lending perspective, and ensure they are current and comprehensive.
Consult with business on new/revised products, services, marketing criteria, innovative tools, techniques and automated systems to ensure sufficient consideration of, and compliance with ECOA/fair lending requirements.
Review Fair Lending Complaints to determine if there are any trends that may be indicative of control gap or patterns of discrimination.
Conduct periodic formal risk assessments and gap analyses of regulations, risk and activities to identify gaps and control deficiencies. Advise business lines to address gaps and deficiencies.
Ad Hoc Model Review (10%)
Perform in-depth risk assessments for predictive and classification models that have customer impact.
Collaborate with Decision Sciences to develop and monitor pre-implementation fair lending testing as part of the model development process.
In conjunction with Decision Sciences, develop algorithmic testing methodologies to mitigate fair lending risk and search for less discriminatory alternatives.
Other (150%)
Proactively assess the impact of regulatory developments that could impact lines of business and support the development of new control mechanisms
Develop and maintain ECOA/fair lending expertise through ongoing and continual review of regulatory and industry publications to stay aware of new developments impacting the enterprise.
Complete assigned ECOA/fair lending training and participate in related webinars and conferences.
Perform project management functions on as-needed basis.
Assist management in examination communication and management.
Assist with preparation of Fair Lending Committee meeting materials.
Collaborate with other members of the team and serve as occasional back up for functions as trained and assigned.
The Ideal Candidate for This Role:Knowledge, Skills and Abilities
Investigate and identify key drivers to potential fair lending impact via quantitative methods.
Ability to convey results of statistical analysis (such as Logistic Regressions, Ordinary Least Squares, Fisher’s Exact Test, and T-Tests) in a clear and concise manner to the Fair Lending Director, business unit management and Leadership
Apply principal-based compliance framework to complex business processes
Ensure the Compliance Risk Management Program is proactive and robust
Work cross-functionally
Develop and maintain deep technical knowledge on assigned regulations.
Build and cultivate strong collaborative relationships
Listen and contribute actively in discussions
Job Requirements
3+ years of experience in financial industry with experience in lending preferred
Fair Lending analytics background desired, specifically knowledgeable in testing for disparate impact as it applies to ECOA/FHA.
Ability to work on multiple projects, meet deadlines and work independently
Self-motivated team player
Bachelor’s degree in business, accounting, and finance preferred or related work experience
Familiarity with fair lending testing software, preferably RiskExec.
Sophisticated MS Office Excel skills required, and familiarity with relevant industry software
Compensation:Compensation range (base pay): $78,491.00-$129,509.00Final compensation offer to candidate may vary from posted hiring range based upon work experience, education, and/or skill level.Benefits Overview:We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:
Medical, Dental, Vision Insurance
401k, With Matching Contributions
Time Off Programs
Health Savings Account (HSA)/Dependent Care
Employee Banking
Growth Opportunities
Tuition Assistance
Short-Term/Long-Term Disability Insurance
Learn more about FNBO benefits here: https://www.fnbo.com/careers/benefits/ .For additional information regarding compensation and benefits, e-mail FNBO at [email protected] . To ensure you receive a response, include the number of this job (listed below) in the subject line of your message.Job number: R-20240842Equity, Diversity, & Inclusion:FNBO is committed to belonging, inclusion, diversity and equity. We are committed to intentionally and proactively creating pathways to success for historically underrepresented populations. To accomplish this, we foster a culture of belonging and inclusion so that every employee is valued, and has opportunity and the ability to make an impact. FNBO strives to reflect the diversity of the communities we serve in the makeup of our workforce.See the full FNBO Equity, Diversity, & Inclusion Statement here (https://www.fnbo.com/about-us/inclusion-diversity/)All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.Click here (https://www.firstnational.com/common/communications/hr/assets/documents/hr/eeoposter.pdf) to download 'EEO is The Law' Self-Print PosterClick here (https://www.firstnational.com/common/communications/hr/assets/documents/hr/eeoposterfederalcontractors.pdf) to download 'EEO is The Law' Supplement for Federal ContractorsClick here (https://www.firstnational.com/common/communications/hr/assets/documents/hr/eeoposterginasupplement.pdf) to download 'EEO is The Law' GINA SupplementApplication Deadline:All our jobs will be posted for a minimum of 5 calendar days. Job postings may come down prior to 5 calendar days based on volume of applicants.Grow Your Career with FNBO!For more than 165 years, our holding company - First National of Nebraska - has grown to nearly 5,000 employees with locations in eight states and $30 billion in assets. We are proud to serve our customers and communities with banking offices located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota, Texas and Wyoming.First National Bank of Omaha (FNBO) believes that a bank should be a force for good in the world; to positively influence the lives of our employees, customers and the success of the communities we serve. Whether you're just beginning your career or taking it to the next level, you'll find your fit here.Remote Openings (https://firstnational.wd5.myworkdayjobs.com/en-US/fnbocareers?locationHierarchy1=9446be3b2387018af7702571c8009493)Bilingual CareersInternships (https://firstnational.wd5.myworkdayjobs.com/en-US/fnbocareers?q=internship) & Trainee Program (https://firstnational.wd5.myworkdayjobs.com/fnbocareers?q=trainee%20program)FNBO is committed to belonging, inclusion, diversity and equity. We are committed to intentionally and proactively creating pathways to success for historically underrepresented populations, regardless of but not limited to their age, race, color, ethnicity, gender, gender identity, sexual orientation, disability, religion or military status. To accomplish this, we foster a culture of belonging and inclusion so that every employee is valued, and has opportunity and the ability to make an impact. FNBO strives to reflect the diversity of the communities we serve in the makeup of our workforce.See the full FNBO Equity, Diversity, & Inclusion Statement here (https://www.fnbo.com/about-us/inclusion-diversity/)FNBO endeavors to make our site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact HR Solution One via either email or phone using the contact information below.Online (Primary Response Hours: M-F, 8a-5p Central)
Phone (Available: M-F, 10a-2p; Central)
(855) 470-3777
(402) 602-3777