Manager, Fair Lending Compliance
New Yesterday
Responsibilities
Serve as thepany's subject matter expert in fair lending laws and regulations.
Oversee thepany's annual fair lending activities and execute routine testing pursuant to thepany's fair lending plan.
Manage a robust fair lending program, including maintenance of written fair lending policies and testing procedures, risk reporting tools, including key risk indicators.
Manage day-to-day Fair Lendingpliance workflow processes, provide leadership and guidance topliance associates via auditor training, staff meetings and individualmunication.
Conduct an annual risk assessment that evaluates thepany's fair lending risks, and determines the direction of thepany's fair lending plan to mitigate fair lending risks from underwriting, pricing, marketing, steering, and redlining.
Review the fair lending team's periodic fair lending reviews, including ongoingparative file reviews, marketing analyses, pricing exception analyses, and redlining reviews, to identify risks and ensure appropriate remediation occurs.
Maintain detailed work papers to support findings from fair lending analyses, and prepare clear and concise written reports that identify and explain the root cause of any risk issues and the necessary remediation plans.
Assist with preparation of quarterly reporting to the Board of Directors regarding the level and direction of fair lending risk, status of remediation efforts, andmunicate emerging trends or issues.
Perform personnel managerial duties such as goal setting and tracking, performance monitoring and coaching, ensuring associate engagement, and other typical managerial duties.
Performs related duties as assigned by management.
Qualifications and Education Requirements
High School graduate required.
Bachelor's degree is preferred.
6-8 years of experience in both mortgage and/or consumer lending with demonstrated experience inpliance and Fair Lending.
Minimum of three (3) years of management or supervisory experience with demonstrated ability to effectively lead other professionals
Experience with fair lending laws and regulations, including but not limited to Fair Housing Act,munity Reinvestment Act (CRA), HMDA, and ECOA is required.
Experience withpleting statistical analyses and testing to address fair lending concerns, including the use of statistical analyses to prepare action plans.
Direct experience and proven ability in partnering with various lines of business to develop remediation plans to address quality concerns and implement process improvements.
Advanced experience of Microsoft Office, with an emphasis on Microsoft Excel, PowerPoint, and Word
Experience in the use of mortgage fair lending software, such as nContracts or RiskExec.
Skills, Abilities, and Knowledge
Requires advanced knowledge of mortgage lending operations and consumerpliance statutes.
Proven leadership and management skills with demonstrated ability to build working groups to realize goals.
Strong project management, organization skills and ability to work independently with minimal supervision.
Required leadership skills to enable the team to ensure appropriate staffing and organizational structure is in place to support the mortgage operation.
Must possess the ability to work efficiently and accurately, with proven success in a fast-paced environment
Must be detail-oriented and demonstrate careful decision-making, and problem resolution skills.
Additional Information
While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meetpany security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.
By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.
REVISION HISTORY
Last Updated: 7/08/2025
Additional Information:
While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meetpany security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.
:
Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
Newrez NOW:
Our Corporate Social Responsibility program, Newrez NOW, empowers employees to be leaders in theirmunities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
1 Volunteer Time Off (VTO) day,pany-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
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- Location:
- Fort Washington