Business Analyst (Fair Lending Compliance)

Navy Federal Credit Union - Winchester, VA

Full-time - Entry Level

Winchester, VA

Credit Intermediation and Related Activities

About the position

The Business Analyst (Fair Lending Compliance) at Navy Federal Credit Union plays a crucial role in the Fair Lending Analytics Program, which serves as a second line of defense risk program within the Compliance & Public Policy division. This position is responsible for conducting analyses, gathering and organizing data, and reviewing documentation to support business operations and planning activities. The analyst will ensure that processes are integrated and effective across the department while identifying potential fair lending risks through statistical analysis.

Responsibilities

• Assess requirements for internal business processes, ensuring integration across teams and business units and compatibility with organizational strategic goals
• Document business processes and workflows; identify inefficiencies or areas for improvement
• Analyze and evaluate business data to identify solutions to basic business problems; use quantitative analysis methodology to perform data and/or process measurement analysis
• Analyze processes and workflows to improve and/or automate business performance
• Create reports that show key performance indicators, identify areas of improvement into current operations, and display root cause analysis of problems to improve and/or automate business performance
• Collaborate with team members and participate in team projects and initiatives

Requirements

• 1-5 years of experience in business and operational strategy, planning and analysis
• Basic understanding of business and operating environment
• Research, analytical, and problem-solving skills
• Effective problem resolution skills including determining root cause, scope and scale of issues
• Effective word processing and spreadsheet software skills
• Effective project management skill to lead projects and/or initiatives of small to medium scope to include working effectively with diverse internal and external contacts
• Bachelor's Degree in Business Administration, Finance or related field

Nice-to-haves

• Master's Degree in Business Administration, Finance or related field
• Familiarity with federal Fair Lending regulations (e.g. ECOA, FHA)

Benefits

• Highly competitive pay
• Generous benefits and perks
• Recognition as one of the best companies for various demographics and categories