Navy Federal Credit Union - Vienna, VA
posted 3 months ago
Navy Federal's Fair Lending Analytics team operates as a second line of defense risk function within the Compliance & Public Policy division, focusing on conducting statistical analysis to evaluate business practices for potential fair lending risk across the credit union. The Business Intelligence Analyst role is pivotal in supporting this team by performing both quantitative and qualitative data analysis across various product areas. This position involves reporting patterns, insights, and trends to leadership through the creation of dashboards and reports. The analyst will collaborate closely with various Navy Federal business units to provide oversight and guidance on the fair lending implications of business decisions, ensuring compliance with fair lending laws. The role requires a strong proficiency in various analysis techniques, excellent communication skills, and a keen interest in consumer protection. The analyst will evaluate fair lending risk by conducting statistical and analytical testing, as well as qualitative analysis. They will be responsible for creating data visualizations, dashboards, and executive reporting packages that monitor and explain fair lending risk. Additionally, the analyst will collaborate with partners across first-line business units, Compliance, and General Counsel, providing subject matter expertise to recommend practical solutions to mitigate fair lending risk. The position also entails preparing and presenting clear, thorough reports to business units and executives, explaining the analysis performed, the results, and recommendations for improvement. Staying updated with the latest fair lending guidance from regulatory bodies, such as the CFPB, is crucial for incorporating these insights into Navy Federal's program. The analyst will also participate in team projects and initiatives, utilizing effective written and verbal communication to document and present findings.