Job Abstract

This position will report to the Director of Data Management / Analytics / File Review Team in Fair and Responsible Banking Division (FRBD) and will support the U.S. Bancorp’s Company’s Fair and Responsible Banking (FaRB) Program Policy and will help establish and provide oversight for FaRB analytics work for products and services offered by various Business Lines (BLs) across the entire product process in developing and maintaining strong testing and monitoring program to ensure compliance with fair and responsible banking laws and regulations.

This position will interact with the FaRB specialists, other stakeholders of various levels within Corporate Compliance, and other departments within the organization, including business lines to help ensure the effective performance of the fair lending compliance program. This position is responsible for designing, implementing, and maintaining fair lending analyses according to regulatory requirements to identify potential fair lending risks. This position requires an understanding of business objectives and key fair lending and responsible banking risk drivers across the product process. The successful candidate would be expected to communicate analytics results concisely to a broad audience, including senior management and regulators.

We are looking for candidates with the proven ability to work and thrive in a rapid-paced, deadline-driven, and collaborative environment; who have project management skills; and who have the drive to continually meet new challenges.

ESSENTIAL FUNCTIONS:
1.    Lead and manage analytics work (regression and non-regression based). Execute all phases of analytics work, including the identity of risk-based analyses and prioritization, participate in the establishment of annual analysis planning schedules, design and develop statistical analysis, validate variables, generate results, participate in presenting results, and model development documentation.
2.    Develop and maintain fair lending analysis program including underwriting, pricing, steering, servicing, and default management fair lending risk factors and incorporate business line policies and procedures to help detect and monitor fair lending risks.
3.    Design, develop, test, deploy, monitor, and support a variety of statistical models and analytics using SAS programming. 
4.    Review and enhance existing fair lending analyses according to CFPB’s ECOA Examination Procedures, CFPB’s UDAAP Examination Procedure, FFIEC Interagency Fair Lending Exam Procedures, and new industry developments. 
5.    Manage and maintain appropriate levels of documentation including analysis plan, communication email, meeting minutes, BL’s sign-off, and desktop procedures.
6.    Work with business lines in identifying and obtaining key data to be used in fair lending statistical analysis. 
7.    Provide guidance and advice on modeling techniques to create robust models based on available data; participate in identifying additional data needs. 
8.    Review and interpret analysis results through analysis report with appropriate recommendations and open Issues/Findings as appropriate. 
9.    Analyze database contents. Develop, implement, and maintain consistent processes for data quality control. 
10.    Participate in fair lending and responsible banking compliance management activities.
11.    Provide support in any ad hoc data requests and fair lending data analyses in response to examination, media, legal, and public inquiry. 
12.    Conduct disparate impact analysis and enhance disparate impact analytics process. 

Basic Qualifications
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 12 years of applicable experience

PREFERRED SKILLS/EXPERIENCE
-    Master’s or Ph.D. degree in a quantitative field (Statistics, Economics, etc.). 
-    Artificial Intelligence / Machine Learning modeling experience. 

-    At least fifteen years of experience in applicable laws, regulations, financial services experience using large and complex datasets.
-    At least 5 - 10 years’ managerial experience.
-    SAS Certified or extensive modeling experience (Experience with SAS required, SQL programming language a plus).
-    Experience as a technical writer.
-    Must have extensive knowledge of financial services fair lending government and regulatory laws and regulations.
-    Excellent written and verbal communication skills with the ability to communicate effectively with end users and management. 
-    Must be detail oriented with a proven ability to multi-task and prioritize multiple projects. Good project management skills. 
-    Extensive knowledge of Microsoft Office packages, specifically Word, Excel, and PowerPoint. 

NOTE:  This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.