The Fair Banking Qualitative Risk Manager is responsible for managing and overseeing a team of analytics professionals who perform modeling and qualitative assessments to identify, measure, and mitigate Fair Lending risk across the lending lifecycle. This role ensures compliance with regulatory expectations and internal risk management standards by providing credible challenge, analytical oversight, and governance of statistical methodologies used to evaluate underwriting, pricing, redlining and other aspects of Fair Banking performance.
Requirements
- Experience with SAS, SAS Enterprise Miner and other Statistical Software Packages.
- Advanced Knowledge of SQL and Microsoft Office.
- Ability to utilize analytics in a collaborative manner across business functions and product lines to derive optimum solutions.
- Demonstrated ability to communicate complex concepts.
- Demonstrated ability to manipulate and analyze data across large databases.
Responsibilities
- Manage and mentor a team of Fair Lending analysts performing regression modeling, matched-pair analysis, redlining analytics, and comparative file reviews.
- Oversee model development and maintenance processes to ensure adherence to regulatory and model-risk expectations.
- Review and approve analytical frameworks, variable selection methodologies, segmentation strategies, and model documentation, to ensure transparency and reproducibility.
- Provide credible challenge to assumptions, controls, and outcomes produced by analysts; ensure the findings are fully supported, statistically valid and risk contextualized.
- Coordinate with Model Risk Management and Internal Audit during validation, periodic reviews, and model inventory updates.
- Oversee development of written analyses, memo, dashboards, and reporting materials for Senior Management, Internal Audit, and regulators.
- Act as a liaison for all Quantitative Risk Management projects for Senior Management related to a diverse portfolio of bank wide divisional areas, external consultants, vendors, and peer banks on facets of quantitative risk management.
Other
- Manage and mentor a team of Fair Lending analysts performing regression modeling, matched-pair analysis, redlining analytics, and comparative file reviews.
- Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
- Establish priorities, assign projects, and monitor progress to ensure timely, high-quality deliverables aligned with department goals.
- Foster a culture of analytical integrity, professional development and cross-team collaboration between analytics, and business partners.
- Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management.
