Employee Applicant Privacy Notice
Who we are:
Shape a brighter financial future with us.
Together with our members, we're changing the way people think about and interact with personal finance.
We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we're at the forefront. We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
The role:
Independent Risk Management - Contributing, developing, and maturing an industry-best Credit Risk Management organization across SoFi Technologies, Inc. The incumbent will architect comprehensive risk management capabilities for a rapidly growing bank holding company - ensuring robust defensive and offensive capabilities - maturing foundational risk identification/risk mitigation, risk management frameworks, and risk culture. The contributor will play an essential role in fostering regulatory readiness and maturing a strong effective challenge second-line function across Credit Risk Originations.
Key responsibilities include second-line oversight of:
The Credit Risk Oversight (2LOD) Senior Risk Analyst role is critical to success across SoFi Technologies, Inc., SoFi Bank, NA, and operating subsidiaries. The incumbent will contribute to the second-line oversight of Originations Credit Risk across all SoFi's lending products - Unsecured, Secured and Commercial Lending. The analyst will perform advanced analytics to identify gaps and opportunities in Credit strategies and policies to ensure effective controls, performance monitoring and maintain an effective challenge environment.
The 2LOD Senior Risk Analyst will leverage internal and external data sources and technology capabilities in support of the Originations oversight function. Under direction from the Senior Director, the analyst will help identify optimal trade-offs across Originations Credit Risk, while balancing loss estimates, regulatory and reputational considerations with growth and efficiency targets. The analyst will also be responsible for monitoring baseline strategies such as targeting, risk segmentation, and rapid A/B tests against our largest & most innovative opportunities.
What you'll do:

• Provide analytical support for data-driven insight generation to provide effective challenge to 1st LOD - through a combination of Credit domain expertise and high-quality analytical thought processes
• Support 2nd line Consumer Lending Originations Credit Risk at SoFi and drive robust adherence and measuring to RAS metrics, risk identification, issue management and regulatory reporting
• Monitor operational performance, roll rates, delinquent inventory, and credit loss trends. Perform diagnostic analyses on all aspects of credit policies to make sure strategies are fully optimized. Effectively communicate these trends to management
• Help review KPI/KRIs to ascertain the state of Originations Risk and evaluate the effectiveness of current policies and procedures
• Perform Credible Challenge and Credit Governance - challenge partners to balance short term benefits with long term implications (through the cycle). Provide independent and effective oversight by identifying risks and working towards solutions. Champion the evolution of data governance structure, accuracy and practices
• Work with Operations and 1LOD partners to identify gaps in system/operations process flows ensuring alignment of strategy/intent, execution, policies

What you'll need:

• 4 years of Credit Risk Analytics industry experience with a bachelor's degree in a quantitative discipline; Master's Degree preferred
• Industry knowledge, including a sound understanding of relevant regulations as they apply to lending
• Proactive go-getter with a lot of energy to work in a fast-paced environment and ability to come up with creative ideas to help take SoFi's Credit Analytics to the next level
• High motivation to drive change, eager to learn, and able to work collaboratively in a complex and fluid environment
• Demonstrated ability to think critically to identify and solve problems through structured analytical reasoning; Excellent verbal, written and presentation / story-telling skills to bring analysis findings to the forefront and influence change.
• Proven analytical and data mining skills ; excellent command over one or more of SQL, Python, R, SAS. Previous experience creating analytics on Tableau a plus
• Experience with regulatory compliance and standards across the Consumer Life Cycle is a plus, specifically in Originations Credit Risk and effectively and concisely communicating adherence
• Working familiarity with automated monitoring tools and incident remediation
• Strong analytical and problem-solving skills to evaluate workflows and procedures; identify and resolve problems in a timely manner; develop alternative solutions; work well in group problem-solving situations; use reason even when dealing with emotional topics; support SoFi's overarching strategic goals relative to loss prevention

Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location.
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
Pay range: $99,200.00 - $186,000.00
Payment frequency: Annual
This role is also eligible for a bonus and competitive benefits. More information about our employee benefits can be found in the link above.
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law. The Company hires the best qualified candidate for the job, without regard to protected characteristics. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. New York applicants: Notice of Employee Rights SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or emailaccommodations@sofi.com. Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.