What are the responsibilities and job description for the Senior Analyst: Governance, Risk, and Compliance position at SoFi?
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
SoFi is dedicated to developing a best-in-class Fintech Collections group that aligns with the changing needs of our members. The Collections Governance and Regulatory Process Analyst role is an exciting opportunity to help support CCoE Leadership!As the Collections Governance and Regulatory Process Analyst, you will be a key member of the Collections team that will help support critical control, governance, and regulatory processes. You will help to manage Collections and Recovery governance requirements such as maintaining charter documentation, driving essential review and approval processes with committee members, and interfacing with the business, the second line of defense, and Legal / Compliance to ensure proposals are robust and meticulously built. In addition, you will be responsible for maintaining critical regulatory processes as they apply to audits and exams from federal, state, and internal teams. Responsibilities may include drafting regulatory responses and driving analysis of potential issues.
What You’ll Do :
- Develop strong cross-company relationships with business, engineering, legal, compliance, exam, and product leaders to drive regulatory compliance
- Manage the end-to-end regulatory processes including assessing exam / audit cadence to ensure continued ‘Run the Business’ progress is not impeded
- Help to produce executive-ready materials as required for committees and the board related to audits and exams
- Work with CCoE leadership to support planning, execution of controls, and communication of updates related to governance and regulatory processes
- Develop a strong framework, controls, and processes around the Governance and Audit / Exam management process
- Work with Issue Management and Control teams to establish an efficient process and positive feedback loop
- Work closely with leadership to draft, develop, and approve regulatory responses
- Diligently review processes for potential enhancements to effectiveness and efficiency
- Ad hoc duties to support CCoE
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 : $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.
Salary : $99,200 - $186,000
