LendingClub · 2 days ago
Sr Fair Lending Compliance Analyst
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Consumer LendingCredit
Insider Connection @LendingClub
Responsibilities
Perform quantitative analysis and qualitative assessments of the fair lending risk associated with LendingClub’s credit models and overlays in accordance with the Fair Lending Standard
Aggregate data to perform statistical reviews for disparate impact (DI) across various product offerings and models
Perform ongoing monitoring using KPIs / KRIs to identify potential (DI)
Perform tests of statistical significance when established thresholds (such as Adverse-Impact Ratios) are breached
Collaborate with partners across Credit Risk, Compliance and Legal to provide in-depth analyses
Use creativity, analytical expertise, and sound judgment to identify and mitigate risk
Assist in preparing periodic reporting materials for executive leadership
Assist in regulatory exam readiness and internal audit reviews
Qualification
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Required
2+ years of fair lending experience in a regulated financial institution required; background in fintech preferred
Knowledge of and experience in the Equal Credit Opportunity Act, the Fair Housing Act, CRA and other laws and regulations related to fair and responsible banking
2-5 years of analytics experience with technical proficiencies in SQL, RStudio, Python, and/or SAS
Effective communicator who can tailor discussions to various audiences; You have the ability to simplify complex analysis for non-technical audiences
Passion for driving change with an ability to navigate multiple high and sometimes competing priorities
Strong problem-solving skills and comfort working with ambiguity
Bachelor’s degree or higher in related field: Analytics, Data Science, Statistics, Computer Science preferred; or equivalent work experience
Preferred
Experience with SolasAi is a plus
Benefits
Medical, dental, and vision plans for employees and their families
401(k) match
Health and wellness programs
Flexible time off policies for salaried employees
Up to 16 weeks paid parental leave
Company
LendingClub
Since our founding in 2006, we have transformed the banking industry by bringing a traditional credit product - the installment loan - online and we’ve been on the fast track ever since.
H1B Sponsorship
LendingClub has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Trends of Total Sponsorships
2021 (4)
2020 (106)
Funding
Current Stage
Public CompanyTotal Funding
$392.23MKey Investors
Kleiner PerkinsUnion Square VenturesFoundation Capital
2017-04-09Post Ipo Equity· Undisclosed
2014-12-11IPO· nyse:LC
2014-08-22Series Unknown· Undisclosed
Recent News
2024-06-05
The Motley Fool
2024-05-02
Company data provided by crunchbase