What are the responsibilities and job description for the Treasury Market Risk Data Analytics Associate position at SoFi?
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:
SoFi is seeking an analytical, data driven, self-motivated professional to join our Treasury Market Risk team as a data analytics associate. This role will provide exposure to the exciting and volatile world of interest rates and capital markets on a daily basis.
The Treasury Market Risk team is responsible for SoFi’s balance sheet hedging activities, investment portfolio management, and production of key asset liability management (ALM) metrics including Net Interest Income (NII) and Economic Value of Equity (EVE). The primary responsibility of this role will be to support the management of these market risk exposures through data analytics and the development of reporting metrics. The role will report into the Sr. Manager of Treasury Market RIsk and Hedging and work closely with Business Units, Capital Markets, and Finance teams.
What you’ll do:
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.
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 seeking an analytical, data driven, self-motivated professional to join our Treasury Market Risk team as a data analytics associate. This role will provide exposure to the exciting and volatile world of interest rates and capital markets on a daily basis.
The Treasury Market Risk team is responsible for SoFi’s balance sheet hedging activities, investment portfolio management, and production of key asset liability management (ALM) metrics including Net Interest Income (NII) and Economic Value of Equity (EVE). The primary responsibility of this role will be to support the management of these market risk exposures through data analytics and the development of reporting metrics. The role will report into the Sr. Manager of Treasury Market RIsk and Hedging and work closely with Business Units, Capital Markets, and Finance teams.
What you’ll do:
- Identify, analyze, and develop risk reports to monitor the SoFi’s daily market risk exposure
- Develop and automate senior management reporting packages for key metrics including fair market value, NII, EVE, and stress testing
- Monitor the performance of the ALM model by conducting sensitivity testing of model assumptions, liaising with Risk, Product, and Pricing teams as appropriate
- Document and maintain procedures to serve as reference of processes completed in building the forecasted balance sheet, calibrating model assumptions, and embedding controls
- Collaborate with the Business Units, Finance, and Capital Markets teams to drive strategic projects, lead ALCO initiatives, and support a best-in-class ALM framework
- Perform ad-hoc analyses for hedging and investment strategies as needed in a fast and efficient manner
- Bachelor’s degree with coursework and proven proficiency in Finance, Statistics, Data Science, Economics, or related field or equivalent work experience in related fields
- 1-2 years of experience within financial services or consulting
- Proficiency working with complex data sets and the ability to synthesize information into key decision points
- Strong communication skills with the ability to build effectively relationships across all levels of the organization
- Ability to work on multiple projects with a high attention to detail
- Proficiency working with large data sets
- Technical skills with Microsoft Excel, VBA, SQL
- Knowledge of Python, R, and Alteryx a plus
- Presentation skills in Microsoft Powerpoint and Google Docs
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.
Salary : $76,800 - $144,000
