SoFi Looking for Head of Risk Analytics at United States Full Time

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 fintech company 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.

Job Title: VP, Risk Analytics (2LOD)

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 fintech company using innovative, mobile-first technology to help our 3+ million 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’s Vice President, Risk Analytics (2LOD) is a senior leadership role within SoFi’s growing 2nd line of defense organization. This strategic role will be instrumental in implementing SoFi’s member trust-oriented strategy through building out and centralizing best-in-class risk analytics capabilities. This role will work closely with the CRO and provide the leads of SoFi’s individual risk stripes within the 2nd line of defense with extensive analytical support services, including model buildout and validation, forecasting of key financial metrics, engineering, data and reporting capabilities and predictive analytics. At the core, the leader will deliver effective risk analytics, data, reporting and engineering strategies for the 2nd line of defense as we execute on our mission to help more Members get their money right.

What you’ll do:

• Create and lead the implementation of risk analytics strategy for 2nd line of defense, including, but not limited to target functional setup, key services, clients and deliverables, resource plan, key performance indicators, integrated data and analytics standard and governance buildout
• Lead a multifunctional team consisting of well-established high-performing functional units and build out new functional units within the scope of risk analytics
• Create use cases, scope out and build the model development, engineering, predictive analytics, machine learning and artificial intelligence capabilities within the 2nd line of defense.
• Utilize the team capabilities to provide service-based analytical solutions to risk stripe leads (credit, interest rate, liquidity, price, operational, compliance, strategic, and reputation) within 2nd line of defense.
• Possess deep understanding of SoFi’s data and reporting capabilities and technology, including the familiarity with attribute-level data and dictionaries and data extraction, transformation and visualization tools.
• Identify synergies and efficiencies between the data models and analytics used across risk stripes to standardize sourcing and reporting
• Serve as the analytics champion for the 2nd line risk organization
• Interact with management committees, supervisory teams, executives and Board of Directors pertaining to the scope of the function.

What You’ll Need

• 15+ years of progressive experience implementing and executing risk analytics transformation programs, including data, reporting and engineering strategies within U.S. global systemically important financial institutions’ risk organizations, including 7+ years in senior leadership and/or executive roles
• Deep understanding of risk profiles of financial institutions across all main risk stripes: credit, interest rate, liquidity, price, operational, compliance, strategic, and reputation. Experience with data and technology frameworks required to enable quantification of risk exposures. Quantitative background is a strong plus.
• Working experience in building out predictive analytics across risk stripes. Experience in using advanced methods such as machine learning and artificial intelligence is a strong plus.
• Proven track record of successfully delivering reporting automation, standardization and visualization initiatives. Recent working knowledge of programming languages is a strong plus.
• Experience in enabling service models and delivering SLA-based services to internal stakeholders.
• Extensive experience in working with supervisory teams and addressing regulatory feedback in risk management space. Deep understanding of regulatory and supervisory expectations.
• Familiarity with model risk management regulatory requirements (SR 12-7)
• Ability to dive into details to generate insights and effectively communicate to executive-level audiences.
• Strong presentation skills: able to use data to tell a clear and compelling story; comfortable with public speaking across various forums including regulatory examinations and be able to effectively and logically communicate when information is being challenged in an open forum
• Extensive experience in building and leading high performing teams, including attracting and retaining top talent.
• Ability and confidence to exercise influence over a wide range of individuals at all levels of technical & business leadership

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 [email protected].

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.