Business Analyst (Fair Lending Compliance)

Overview

Navy Federals Fair Lending Analytics Program is a second line of defense risk program within the Compliance & Public Policy division and is responsible for providing independent and effective challenge to models, business practices, and policies developed by business units across the organization to ensure compliance with fair lending laws. This is achieved via statistical analysis to identify and evaluate potential fair lending risk across the business.

The Business Analyst role will conduct analyses and gather, organize and review data and documentation to support general business operations and planning activities and ensure processes are integrated and effective across the department. Growing an understanding of business needs and objectives. Solve a range of mostly straightforward problems with some increased scope and complexity. Developing professional with basic skill set and proficiency with procedures and analysis techniques.

Responsibilities

Assess requirements for internal business processes, ensuring integration across teams and business units and compatibility with organizational strategic goals

Document business processes and workflows; identify inefficiencies or areas for improvement.

Analyze and evaluate business data to identify solutions to basic business problems; use quantitative analysis methodology to perform data and/or process measurement analysis

Analyze processes and workflows to improve and/or automate business performance

Create reports that show key performance indicators, identify areas of improvement into current operations, and display root cause analysis of problems to improve and/or automate business performance

Collaborate with team members and participate in team projects and initiatives

Qualifications

1-5 years of experience in business and operational strategy, planning and analysis

Basic understanding of business and operating environment

Research, analytical, and problem-solving skills

Effective problem resolution skills including determining root cause, scope and scale of issues

Effective word processing and spreadsheet software skills

Effective project management skill to lead projects and/or initiatives of small to medium scope to include working effectively with diverse internal and external contacts

Bachelors Degree in Business Administration, Finance or related field

Desired Qualification(s)

Masters Degree in Business Administration, Finance or related field

Familiarity with federal Fair Lending regulations (e.g. ECOA, FHA)

Hours: Monday – Friday, 8:00AM – 4:30PM

Locations: 820 Follin Lane, Vienna, VA 22180 | 5510 Heritage Oaks Drive, Pensacola, FL 32526 | 141 Security Drive, Winchester, VA 22602

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

• Best Companies for Latinos to Work for 2024

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• Forbes® 2024 Americas Best Large Employers

• Forbes® 2023 The Best Employers for New Grads

• Fortune Best Workplaces for Millennials™ 2023

• Fortune Best Workplaces for Women ™ 2023

• Fortune 100 Best Companies to Work For® 2024

• Military Times 2023 Best for Vets Employers

• Newsweek Most Loved Workplaces

• Ripplematch Campus Forward Award – Excellence in Early Career Hiring

• Yello and WayUp Top 100 Internship Programs

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Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

REQNUMBER: 21678-OTHLOC-100005807416130