Compliance Fair Lending Analyst, Senior

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Job Summary

The Senior Analyst, Compliance Fair Lending provides support to internal business areas by identifying and addressing current and emerging regulatory compliance risks through compliance testing and analytics and in file review/audit activities. Works with assigned business areas to understand internal policies, strategies and processes to mitigate compliance risk and ensure adherence to applicable laws. This role works directly with their leader to provide guidance to the business areas supported and partners with them to execute against compliance strategies and roadmaps in accordance with established timeframes. Additionally, this Senior Analyst advises on compliance matters and escalates issues and risks to compliance leadership, as appropriate. This role also communicates effectively and influences internal business partners 1-2 levels above.

Essential Job Functions:

• Delivery - Knowledgeable regarding issues, complaint themes and risks related to the program areas supported. Partner with internal business areas, with oversight from direct leader, to mitigate risks through implementation of policies, procedures, processes and controls. Ability to research laws and regulations and work with direct leader to provide compliance guidance to internal business partners. Able to articulate to compliance leadership risks that may affect the business and/or the banks.
• Risk Management – Encompass foundational understanding of enterprise-wide and risk-based thinking approach. Ensure business initiatives supported meet applicable laws and regulations to mitigate risk. Think critically and collaborate with direct leader and internal business partners to drive risk-based solutions. Integrate Compliance Management System elements into day-to-day considerations related to program areas supported. Challenge business partners regarding compliance risk and appropriately influence business decisions or escalate to direct leader, as appropriate. Champion and educate business partners on the Risk and Controls. Conduct periodic formal and informal risk assessments (as needed) and gap analyses to identify risks and partner with direct leader and the business to develop actions plans to address deficiencies.
• Business Advisor - Collaborate with the business to understand strategic and tactical work being done to develop appropriate solutions to mitigate regulatory risks. Provide guidance to internal business partners on compliance requirements related to business activities
• Industry Knowledge - Remain current on regulatory requirements, industry trends and enforcement actions to ensure the Fair Lending Program activities remain relevant and compliant. Assist strategically and creatively with evolving and maturing the Fair Lending Compliance Program to be robust and leading within the industry.
• Fair Lending Monitoring and Testing - Oversee first line of defense fair lending compliance monitoring activities and conduct second line of defense fair lending monitoring and testing. Monitor the Bank's compliance with fair lending laws by utilizing self-developed processes and procedures and/or automated fair lending management solutions. Analyze lending activities by performing ongoing in-depth fair lending assessments to determine overall compliance with regulatory requirements and perform back-end monitoring to determine risk associated with marketing, underwriting, pricing, line assignment. Examine servicing activities and collections and conduct file reviews to monitor potential unfair treatment as well as functionality of front-end controls around model, tools, first line policies, procedures, guidelines and manuals. Identify gaps and make recommendations on necessary procedural/control changes. Assist in the preparation of management and committee reporting, execution of the Annual Fair Lending Risk Assessment and the Annual Compliance Risk Assessment.

Reports To:

Compliance Testing Manager

Direct Reports:

None

Working Conditions/Physical Requirements:

• Hybrid role, work in corporate office as required.
• Some travel may be required.

Minimum Qualifications:

• Bachelor's degree in business, Audit, Accounting or related field of study.
• 5+ years of experience working in Regulatory Compliance, Operational Risk Management, Internal Audit, Internal Controls, Control Testing, Automation and Data Analytics.

Preferred Qualifications:

• Master's degree in business administration.
• Experience in Open End Consumer Credit Card Lending, Closed End Lending and Banking Compliance (Fair Lending, Regulation B/ECOA, TILA/Regulation Z, FCRA, and UDAAP).

Knowledge, Skills and Abilities:

• Microsoft Visio
• Microsoft Word
• Microsoft Excel (Intermediate to Advanced)
• Microsoft PowerPoint (Intermediate to Advanced)
• Interpersonal skills
• Procedures management
• Controls Testing
• Design Controls
• Policy management
• Risk analysis

Other Duties

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.

About Bread Financial

At Bread Financial, you'll have the opportunity to grow your career, give back to your community, and be part of our award-winning culture. We've been consistently recognized as a best place to work nationally and in many markets and we're proud to promote an environment where you feel appreciated, accepted, valued, and fulfilled—both personally and professionally. Bread Financial supports the overall wellness of our associates with a diverse suite of benefits and offers boundless opportunities for career development and non-traditional career progression.

Bread Financial

(NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

To learn more about Bread Financial, our global associates and our sustainability commitments, visit

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• All job offers are contingent upon successful completion of credit and background checks.
• Bread Financial is an Equal Opportunity Employer.

Job Family:

Enterprise Risk

Job Type:

Regular