Fair Lending Data Analytics Officer

Job Description

At WSFS Bank we empower our Associates to grow their careers guide our customers to secure their financial futures and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture competitive salaries advancement opportunities and more. We are the regions locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates who make a difference every day for the people businesses and Communities we serve. We Stand For Service is more than part of our name its our mission and our purpose.

The Fair Lending Data Analytics Officer (FLDAO) is responsible for assisting the Fair Lending Officer (FLO) and the first line of defense in better understanding strengths and opportunities of the WSFS Fair Lending Program through data analytics. The incumbent will support the ongoing maturation of the WSFS Fair Lending Program in conformity with all applicable Federal and state laws and regulations. The FLDAO will collaborate and communicate with all levels of Associates including Senior leadership in the first second and third lines of defense.

Job Responsibilities:

• Assist the FLO in conducting/reviewing fair lending related risk assessments and creating and revising related policies.
• Monitor and enhance as needed the fair lending key risk indicators on an as needed basis from fair lending software to analyze data including but not limited to peer mortgage bank statistics pricing underwriting etc.
• Maintain the Fair Lending Scorecard and communicate goals and results to applicable stakeholders within participating lines of business.
• Listen and consult as needed with key business stakeholders regarding their key performance drivers and remedial action plans.
• Assist the FLO in reviewing lending related marketing materials and marketing campaign audience segmentation parameters if warranted.
• Review fair lending legal matters pertaining to fair lending (as warranted) to ensure systemic patterns are identified and a remediation plan is developed with the first line of defense if required.
• Assist the FLO in creating scope and test plans for select AdHoc reviews and participate in fieldwork as necessary.
• Identify and clearly document findings and partner with lines of business to ascertain and document managements risk response and related remediation to findings.
• Assist FLO in performing annual Reasonably Expected Market Area (REMA) review.
• Identify peer group annually and perform annual gap analysis to propose fair lending goals.
• Assist FLO in reviewing and analyzing any Special Purpose Credit Programs at least annually if warranted.
• Assist in any thirdparty service provider monitoring and testing reviews oversight including but not limited to fair lending reviews such as redlining analysis.
• Assist FLO in preparation of the Fair Lending Working Group Compliance CRA and Fair Lending and Risk Committee meeting package materials including meeting minutes as applicable.
• Facilitate the Fair Lending Work Group and attend and present at the Compliance and CRA and Fair Lending Compliance Committee meetings if warranted.
• Seek to continually improve upon the repeatability sustainability and auditability of the Fair Lending Program.
• Provide support to various business lines in the form of providing regulatory guidance when requested.
• Assist FLO as warranted in reviewing complaints to identify potential regulatory implications and for confirmed violations conduct a root cause analysis to determine whether any systemic issue or broader remediation is in order.
• Assist the FLO with audits and examinations as needed.
• Complete annual training as assigned in a timely manner and seek additional educational opportunities to continue to learn and grow.
• Participate in financial industry groups to keep abreast of regulatory updates and relevant industry topics.
• Maintain and engage in local community though activities such as but not limited to volunteerism becoming a financial literacy champion and serving as a Board of Director of an organization.

Minimum Qualifications:

• Bachelors degree or relevant workrelated experience is required.
• Five or more years of experience consisting of direct technical experience in financial institution operations compliance or legal functions involving the assessment testing and/or operationalization of banking laws rules and regulations is required.
• Two or more years of experience in designing and conducting fair lending statistical analyses for a financial institution nondepository mortgage lender or government regulatory agency is required.
• Professional accreditation such as a Certified Regulatory Compliance Manager (CRCM) or Certified Risk and Compliance Management Professional (CRCMP) is preferred.
• Must have solid foundation of statistical analysis with the abilitytointerpretandusedatatocriticallyreviewassessandsupportthe department and business lines.
• Must be a sound listener and interpreter of messaging received from others with the ability to build effective relationships with both internal and external partners as needed to effectively work through others to achieve goals and objectives.
• Must have strong written and verbal communication and presentation skills.
• Must have strong project management and organizational skills with the ability to plan initiate multitask and lead multiple projects to meet goals objectives and deadlines.
• Must be comfortable making independent judgements that have significant impact on Associates business lines and/or the organization.
• Must have the ability to adapt to change.
• Must effectively advocate for change.
• Must maintain thorough understanding of Financial Institution compliance regulations such as but not limited to Regulation B (ECOA) Regulation C (HMDA) the Fair Housing Act (FH Act) and industry related guidelines policies and procedures.
• Credit underwriting experience with various financial products such as mortgages credit cards personal loans consumer and commercial loans.
• Must have strong technical aptitude including familiarity with bank systems and the ability toquickly learn and utilize systems efficiently.
• Must be initiativetaking and able to work with minimal supervision.

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation including technical assistance with the WSFS Bank Careers website or submission process please contact us via email at

WSFS is an equal opportunity employer. We do not discriminate based upon race religion color national origin gender (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression age status as a protected veteran status as an individual with a disability or other applicable legally protected characteristics.