Lending Business Analyst I

Company: New York Community Bancorp, Inc.
Location: Hicksville
Posted on: May 4, 2022

Job Description:

JOB SUMMARY
The Lending Business Analyst I works independently under limited supervision. Provides various project, research, analytical, and reporting support for the Lending Department team. Uses advanced analytical methods to report financial and non-financial data in formats for analysis by Management. Determines best practices, evaluates business unit reporting requirements and develops recommendations. Expert on front end origination system, Bank core systems and Data Warehouse. Subject matter expert on FDIC call reporting requirements as it relates to RCL- RCC and Risk Weighted Assets (RWA).

ESSENTIAL FUNCTIONS

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• Partners with Capital Stress Group/Office of CCO/Office of CIO, Data Governance Department and other business units to provide data that meet the informational needs that will achieve business objectives for RWA and other regulatory reporting requirements.
  
• Assembles, manipulates large amounts of data to facilitate reporting requirements.
  
• Summarizes trends and findings in a manner appropriate to the audience.
  
• Ensures and validates accuracy of data to ensure data integrity / reconciliations to the core systems.
  
• Identifies, analyzes and interprets trends or patterns in complex data sets.
  
• Develops and implements data collection systems and other strategies that optimize efficiency and data quality.
  
• Contributes to data collection and data source analysis and remediation of data issues for Risk Weight Assets (RWA) calculations.
  
• Remains abreast of regulatory developments in credit risk management and best practices within the industry.
  
• Develops, modifies, maintains and supports customize reports for both ad-hoc and ongoing needs thru Oracle Discover, Data Warehouse and Miser BI.
  
• Recommends process improvements to enhance data collection and improve reporting.
  
• Assists in the publication of monthly/quarterly reporting.
  
• Develops Quality Assurance Program on data integrity as it relates to Bank Core system.
  
• Responsible for loan selection on participations.
  
• Identifies opportunities for workflow improvements and risk reduction by analyzing and evaluating departmental procedures and future needs. Recommends automated solutions.
  
• Provides system support for issues and questions for all lending units.
  
• Develops and maintains subject matter expertise on lending systems features and functions.
  
• Provides assistance and training to Lending Department staff members.
  
• Remains current on Regulations B, C, D, O and Z. Assists with development of procedures and practices pertinent to the lending business.
  
• Reviews and analyses monthly Data Flux reports generated by the Capital Stress Group / Data Governance. Acts as subject matter expert and provides analytical support to management.
  
• Acts as a liaison between the Lending Department and Loan Administration on data integrity. Provides analytical support in Miser Core System for loan data accuracy and translates data requirements to Loan Administration for system maintenance.
  
• Executes data mining and interprets trends to make recommendations to management for sound business decisions.
  
• Assists with the management of lending related systems as well as analyzing and researching vendors and products to overall increase efficiencies within the department.
  
  ADDITIONAL COMMENTS
  
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  • Performs special projects, and additional duties and responsibilities as required.
    
  • Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.
    Job Requirements:EDUCATION AND EXPERIENCE
    
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    • Bachelor's degree in business, finance, or related field or equivalent combination of training and experience in assigned business area.
      
    • Minimum of (5) five years of analytical support experience.
      
    • Experience writing report queries.
      
    • Good understanding of data requirements for RWA in Call Reporting.
      
      
      KNOWLEDGE, SKILLS AND ABILITIES
      
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      • Knowledge of, and the ability to apply fundamental business analysis concepts, practices and procedures related to lending.
        
      • Advanced proficiency in word processing, spreadsheet, PowerPoint, project, database reporting, e-mail applications and business systems applications used in lending.
        
      • Excellent knowledge of banking operations.
        
      • Strong accounting, reconciliation, and financial analysis skills related to lending back office and customer transaction activity.
        
      • Excellent organizational skills.
        
      • Excellent attention to detail.
        
      • Strong problem solving and analytical abilities.
        
      • Strong verbal and written communication skills.
        
      • Ability to manage lending related systems as well as analyze and research vendors and products to overall increase efficiencies within the department.
        
      • Ability to multi-task and adjust to changing priorities.
        
      • Ability to gather, interpret - explain requirements, procedures, processes, system capabilities, etc.
        
      • Ability to work independently and with others.
        
      • Ability to maintain confidentiality.
        
        
        
        NEW YORK COMMUNITY BANK.
        Based in Hicksville, NY, New York Community Bank is a New York State-chartered savings bank serving customers throughout Metro New York, New Jersey, Ohio, Arizona and Florida. New York Community Bank serves customers through over 200 branches featuring a divisional structure: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a longstanding reputation of strength, stability and service, NYCB is proud to be committed to the communities it serves.
        To learn more about the NYCB Family of Banks visit us at .
        Help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around be sure to let them know how they can become a part of the NYCB family.
        NYCB is an equal opportunity employer that prohibits discrimination on the basis of race, color, age, sex, national origin, ethnicity, religion, marital status, disability, military status, veteran status, domestic violence victim status, gender identity or expression, sexual orientation, genetic information and any other classification protected by applicable federal, state, or local law or ordinance.
        This policy against discrimination applies to all terms and conditions of employment including, but not limited to: recruitment and selection, promotion and demotion, transfer, training and development, compensation, benefits, leaves of absence and termination. NYCB will consider reasonable accommodations for employees and applicants with disabilities, as well as accommodations that are necessary for an employee to practice their religious faith.
        

Keywords: New York Community Bancorp, Inc., Hicksville , Lending Business Analyst I, Professions , Hicksville, New York