Director of Fair Lending Analytics job vacancy in Charles Schwab – Jobs in Texas

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Job Details
Company Name : Charles Schwab
Company Location : Westlake, TX
Job Position : Director of Fair Lending Analytics
Job Category : Jobs in Texas

Job Description :
Your Opportunity

In Compliance, we help our business partners achieve their strategic priorities by promoting principles and practices that build client trust and safeguard the integrity of the firm. Banking Compliance serves as a second line of defense oversight function for the banking and trust entities within Schwab (BTS). The Director will challenge and evolve the Compliance Program to ensure alignment with regulatory expectations.

Workplace Flexibility Program: We’re proud to support our employees in a working approach that allows you to bring your best self to work – whether that’s in the office or remote.

Most Schwabbies have the opportunity to work in the office and/or at home based on their preference*
Employees may have the flexibility for a hybrid schedule, where they divide their time between working remotely or in the office.
Employees and managers can discuss additional flexibility options based on their role, business needs, and individual circumstances.

Subject to change. Schwab is continually evaluating its approach to ensuring the safety and well-being of our employees

What you are good at

The Director of Fair Lending Analytics will develop and complete analyses to monitor and assess fair lending and UDAAP risks and will serve as a second line of defense subject matter expert providing regulatory oversight and advice with respect to policies, procedures, and controls and analysis and assessment of risk levels necessary to achieve compliance with applicable regulatory requirements. While this role is not a people manager, the Director will lead and coordinate efforts of other team members to ensure completion of monitoring activities. This role will partner with other Subject Matter Experts (SMEs) across Compliance to provide feedback from a One Voice perspective. The role will report to the Managing Director of Fair Lending Compliance.

Director of Fair Lending Compliance.

Key Responsibilities:

Develop, complete and maintain oversight and monitoring activities for identification, assessment and awareness of fair lending risks.
Build and complete analyses to identify, analyze and report potential fair lending risks such as disparate impact, disparate treatment, redlining risk, or overt discrimination.
Perform regression testing, identify matched pairs, and conduct file reviews to monitor compliance.
Lead and coordinate efforts across the team to ensure the timely and accurate completion of scheduled monitoring.
Identify, recommend and implement opportunities to apply data and enhance analytics to support fair lending and UDAAP programs.
Provide real-time ad hoc analytics to assess fair lending and UDAAP risks associated with new products as well as changes to marketing, underwriting, pricing, products, and related models.
Articulate analysis results and findings in a clear manner to stakeholders at all levels within the firm, including senior management.
Provide second line oversight of data needed to assess fair lending risk, including oversight of the annual Home Mortgage Disclosure Act filing.
Provide timely compliance advice and guidance, consistent with Corporate Compliance Standards, to business partners on lending activities, including policies, procedures, and controls necessary to achieve compliance with federal and/or state regulatory requirements applicable to consumer lending, home
lending, and small business lending with a focus on fair lending and UDAAP.
Provide a clear, independent risk management perspective in line with the firm’s overall risk appetite and develop a strong understanding of the business products, services, processes, and objectives.
Support the Compliance Risk Assessment to ensure comprehensive enterprise-wide assessment of fair lending and UDAAP risk
Connect the dots across regulatory developments, including enforcement actions within the industry, to ensure emerging threats and issues are identified and addressed.
Provide credible challenge to and influence the first line of defense in the identification, documentation and assessment of fair lending and UDAAP risks and controls in the Risk and Control Self Assessments (RCSA).
Influence senior management and peers to ensure robust oversight and understanding of fair lending and UDAAP risks.
Build constructive relationships with business partners while adhering to the highest ethical standards.

What you have

Bachelor’s degree required.
5+ years of demonstrated expertise in fair lending analysis techniques and software
Solid understanding of fair lending and UDAAP/UDAP requirements
Minimum 10 years’ experience working in retail lending for a bank or other retail lender, with a minimum of 5 years in Compliance. CRCM or similar certification is a plus.
Exceptional problem-solving, with a strong analytical, data-driven work style. Possesses a keen attention to detail, but also the ability to see the big picture.
Excellent interpersonal skills with the ability to drive consensus across cross-functional teams and influence decision making
Proven track record of influencing across interpersonal boundaries and building strong partnerships
Proactive approach and experience juggling multiple projects with potentially conflicting resource/time constraints

Why work for us?
Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.
Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Explore further.
Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an Equal Opportunity Employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. Please click here to see the policy.
Schwab is an affirmative action employer, focused on advancing women, racial and ethnic minorities, veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at [email protected] or call 800-275-1281.
TD Ameritrade, a subsidiary of Charles Schwab, is an Equal Opportunity Employer. At TD Ameritrade we believe People Matter. We value diversity and believe that it goes beyond all protected classes, thoughts, ideas, and perspectives.