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Fair Lending Specialist, Sr

Company

loanDepot

Location

Southfield, Michigan

Type

Full-time

Description

Position at loanDepot

Position Summary:

Responsible for executing fair lending risk management initiatives, including performance analytics, peer benchmarking, monitoring ECOA compliance, and tracking and reviewing fair lending and UDAAP complaints. Supports the development and documentation of processes and procedures related to fair lending compliance.

Responsibilities:

  • Prepares monthly reports / findings of internal data integrity testing, system and process issues to Fair & Responsible Lending Officer to ensure the accuracy and effectiveness of Fair Lending / Servicing analyses.
  • Conducts complex fair lending performance analyses, including trend analysis of higher risk factors, and independently determines material issues requiring escalation to manager.
  • Interprets analytical findings to perform root cause analysis and formulates strategic, data-driven recommendations to address systemic, operation...
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