The Fair Lending Analyst position within CMG is unique in the world of finance in that it combines analyst with activist. While data/statistical analysis is a large part of this job, it’s so much more than that. The Fair Lending Analyst takes data to the level of action. They coordinate with people throughout the organization to bring about the sort of change they want to see in the world of finance. They have a clear vision that is informed by data, culture, passion and experience.

Here’s a quick look at some the data you’ll be exploring:

• Sales: processes and procedures, market areas, branch locations, education, pricing
• Origination: application, disclosing, processing, underwriting, closing, funding
• Marketing: website, social, print, outreach
• Risk: complaints, policies, regulations, HMDA, MCR, examination requests and findings
• Servicing: loss mitigation, onboarding, complaint resolution

Fair Lending analysis requires a solid understanding of ECOA, the Fair Housing Act and related implementation requirements within the mortgage industry. Fair Lending analysis also requires a solid foundation of basic statistical analysis. In order to conduct Redlining reviews, experience using mapping functionality within Microsoft Excel is critical.

The analyst will possess enough experience in credit underwriting to conduct matched-pair analysis and utilize professional writing skills to support their determinations.

Key Focus:

• Fair Lending analysis and reporting
• Standard and ad hoc regulatory reporting

Primary Responsibilities:

• Analyze company application, fallout, pricing, market and peer data to help CMG provide unparalleled service to its applicants and customers
• Coordinate with staff and management in all areas of the organization (Marketing, Operations, Risk, Servicing) to better understand internal processes, developing and recording recommendations for improvement or opportunities for recognition
• Coordinate with stakeholders in Compliance, Servicing, Accounting, Licensing, External Audit and Marketing departments to analyze current practices, policies and procedures as they relate to fair lending and regulatory reporting
• Apply current federal laws and regulatory requirements governing mortgage to analysis (i.e., Fair Housing, RESPA, ECOA, HMDA, etc.)
• Complete ad hoc Fair Lending Analysis (marketing, pricing, underwriting, fallout, redlining, matched-pairs, regression, etc.)
• Communicate recommendations for expanding reviews and/or operational and marketing functions as they relate to fair lending
• Uphold business continuity principles by documenting processes and tracking projects proactively and consistently in coordination with the team

Other requirements:

• Minimum 7 years’ experience in the mortgage industry (origination, servicing, insurance) with at least 2 of those years in a compliance-related capacity (some underwriting or quality control experience preferred)
• Mortgage-specific loan origination system experience (prefer experience with Byte Pro)

Base Compensation Information – This is a remote role that can be performed from within the United States. Residents of the states of CA & CO, and for New York City are excluded from this remote role at this time. Information regarding base wages provided upon request.