Senior Manager, Compliance Risk Assessment

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Who we are:

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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:

The Sr. Mgr, Compliance Risk Assessment reports to the Director of Compliance Risk Assessment and is responsible for supporting the day-to-day execution of the Compliance Risk Assessment (CRA) Program. This includes managing templates and data inputs, overseeing the execution of the CRA, and drafting policies, procedures, results and management reporting of the CRA. This role will also lead the Compliance RCSA process.

What you'll do:

• Develop and lead the execution of project plans to ensure timely completion of the CRA
• Perform quality assurance reviews on compliance controls to ensure each control meets the requirements of the minimum control standards
• Manage the process to ensure connectivity of the risk assessment program to independent compliance testing and the enterprise RCSA program
• Lead training efforts for the first line of defense and Compliance Advisors with respect to identifying and documenting controls that can be mapped to compliance risk
• Lead the execution of the CRA for the assigned business coverage area and escalate any issues in a timely manner
• Perform quality assurance reviews of the CRA for the assigned business coverage area, including providing credible challenge to risk ratings and rationales for assessment units
• Lead meetings with relevant stakeholders in the First and Second Lines of Defense to understand products, services, and clients and how it impacts related risks and controls
• Ensure key risks and business lines are mapped to relevant rules and regulations
• Work with various stakeholders across the First and Second Lines of Defense to create management action plans to address control gaps that were identified during the CRA process
  
  
  

What you'll need:

• Bachelor’s degree required
• Minimum of 12 years of relevant experience in consumer compliance or as a federal regulator
• Professional certification such as Certified Regulatory Compliance Manager (CRCM) is preferred
• Management/Leadership experience related to compliance processes and activities common to mid to large banking organizations.
• Management/leadership in audit and regulatory exams
  
  
  

Technical/Functional Competencies:

• Ability to build effective relationships with a proven record of building trust and credibility through strong interpersonal skills, communications, and actions
• Ability to negotiate effectively using diplomacy and tact to resolve difficult issues while maintaining a high degree of professionalism.
• Strong influence skills working both internally and externally at senior and executive levels
• Ability to write accurate reports and documents, and sort and interpret data
• Holds self to a high level of quality
• Must be self-motivated and enthusiastic to obtain personal and company goals
• Dedication to integrity, producing high quality results, and meeting deadlines
• Excellent leadership skills demonstrated by ownership of issues through their resolution while providing sound guidance to others
• Outstanding communication skills, both oral and written, and the ability to communicate clearly with constituents at all levels of the organization, including playing the role of an effective challenger
• Demonstrated decision-making capability under stressful situations while dealing with complex issues involving competing interests
• Ability to understand and communicate complex regulations in a digestible way
• Strong organizational skills
• Demonstrated ability to research and interpret data from various sources
  
  
  

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!

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 email accommodations@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.