What are the responsibilities and job description for the Director, Model Risk Management position at SoFi?
The role
SoFi’s Director, Model Risk Management is a leadership position within SoFi’s second line of defense Model Risk Management organization.
This role will report to the Senior Director over Model Risk Management and will lead a team conducting independent validation work on a wide variety of models. This is a highly visible role within SoFi’s analytical community.
What you’ll do :
- Supervise a team of 3 model validation experts in the work of validating models to OCC 2011-12 / SR 11-7 standards.
- Conduct some model validation work directly.
- Work with the Sr. Director of Model Risk Management to continually evolve validation practices and processes.
- Present and defend results of model validation projects to model owners, model users, business unit management, auditors, and regulators.
- Foster collegial relationships with model owners and users, while maintaining necessary independence from model development work.
- Stay current with industry trends and best practices in modeling and model risk management and apply them to team’s work.
What you’ll need :
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 : $192,000.00 - $330,000.00
Payment frequency : Annual
This role is also eligible for a bonus, long term incentives and competitive benefits. More information about our employee benefits can be found in the link above.
Salary : $192,000 - $330,000
