Cross River is hiring a
Fair Lending Analytics Director

Summary

Join our expanding team at Cross River Bank as a Fair Lending Analytics Director and lead a comprehensive and robust Fair Lending Analytics function, managing the development and implementation of modeling and statistical technologies to ensure fair lending practices.

Requirements

• 8+ years’ experience in quantitative finance, statistics, economics, or a related quantitative field with 5+ years’ experience in a project manager or lead position as well as experience managing a team
• Knowledge of consumer lending and banking products and practices
• Knowledge of US fair lending or fair banking-related laws, regulations, and guidance, including the Equal Credit Opportunity Act (ECOA), the Fair Housing Act (FHA), and Unfair, Deceptive, and Abusive Acts or Practices (UDAAP)
• Extensive experience with fair lending-related model testing, including feature/variable proxy testing, Less Discriminatory Alternative search, Shapley-based model proxy testing, statistical significance model proxy testing, quantification of disparate impact, determination of affected groups

Responsibilities

• Own, enhance, implement, and maintain the Bank’s Fair Lending Analytics Program
• Collaborate across multidisciplinary teams to set actionable strategy and accomplish organizational objectives
• Assist the Bank with meeting its Fair Lending regulatory requirements
• Advise the Bank’s Board of Directors, Executive Suite, oversight committees, Senior Management, and Bank personnel of emerging fair lending risks or issues
• Oversee the creation and implement of fair lending analytics procedures
• Identify the need for fair lending analytics through the Bank’s various fair lending risk mitigation activities
• Collaborate with senior leadership on fair lending analytics-related work concerning regulatory examinations and requests
• Review, interpret, and communicate the results of fair lending statistical analysis to a wide range of audiences

Preferred Qualifications

• Strong planning and organizational skills, with an ability to establish strategic direction and subsequently develop and manage supporting initiatives
• Excellent presentation and communication skills, including technical writing abilities
• Strong oral and written communication skills with ability to succinctly describe complex technical scenarios in simple terms
• Ability to direct, manage, and support staff
• Ability to interact positively with federal regulatory agencies
• Ability to operate successfully in a fast-paced environment
• Ability to collaborate successfully across internal teams
• Ability to communicate effectively with colleagues with varying degrees of technical analytics knowledge and experience