Credit Risk Oversight Manager (2LOD)

The Role: 

This role plays a key role in contributing developing and maturing an industry-best Credit Risk Management organization across SoFi Technologies Inc. The incumbent will architect comprehensive risk management capabilities for a rapidly growing bank holding company – ensuring robust defensive and offensive capabilities – maturing foundational risk identification/risk mitigation risk management frameworks and risk culture.  The contributor will play an essential role in fostering regulatory readiness and maturing a strong effective challenge second-line Credit Risk function.    

The Credit Risk Oversight (2LOD) Senior Risk Analyst role is critical to success across SoFi Technologies Inc. SoFi Bank NA and operating subsidiaries. The incumbent will contribute to the second-line oversight of Credit Risk across all SoFi’s lending products - Unsecured Secured and Commercial Lending.   The analyst will conduct credit/behavioral/financial analytics or predictive modeling to assess risks and opportunities for the bank portfolios and translate results into recommendations.

The 2LOD Senior Risk Analyst will leverage internal and external data sources and technology capabilities in support of the oversight function.  Perform analysis to research credit and consumer behavior trends understand their drivers and conduct impact assessments on consumer credit portfolios. Evaluate how changes in the  environment impact credit performance – with a particular focus on macroeconomic socioeconomic and competitive intelligence trends. Research topics sourced internal and general industry trends and proactively apply quantitative disciplines to associate topics with potential emerging risks around delinquency loss and roll-rates and forecasts. 

What you’ll do: 

• Provide analytical support for data-driven insight generation through a combination of Credit domain expertise and analytical thought processes

• Generate insights design analytics and deliver visualizations to influence strategic decisions

• Monitor operational performance roll rates delinquent inventory and credit loss trends.  Perform diagnostic analyses on all aspects of credit policies to make sure strategies are fully optimized.  Effectively communicate these trends to management

• Help review KPI/KRIs to ascertain the state of Credit Risk and evaluate the effectiveness of current policies and procedures

• Build compelling data visualizations and distill key information clearly

What you’ll need:

• 8+ years of Credit Risk Analytics industry experience with a bachelor’s degree in a quantitative discipline; Master’s Degree preferred

• Industry knowledge including a sound understanding of relevant regulations as they apply to lending

• Proactive go-getter with energy and passion to work in a fast-paced environment and ability to generate creative ideas

• High motivation to drive change eager to learn and able to work collaboratively in a complex and fluid environment

• Demonstrated ability to think critically to identify and solve problems through structured analytical reasoning;  Excellent verbal written and presentation / story-telling skills to bring analysis findings to the forefront and influence change.

• Proven analytical and data mining skills ; excellent command over one or more of SQL Python R SAS.  Previous experience creating analytics on Tableau a plus

• Strong analytical and problem-solving skills to evaluate workflows and procedures; identify and resolve problems in a timely manner; develop alternative solutions; work well in group problem-solving situations; use reason even when dealing with emotional topics; support SoFi’s overarching strategic goals relative to loss prevention

What We Do

SoFi wasn’t built to be a bank. Or a technology company. We were built for one mission: help people achieve financial independence so they can realize their ambitions. Redefining an entire industry isn’t easy work—and it’s not for the faint of heart. It takes a certain kind of team. People with diverse perspectives and expertise united by a common sense of purpose. People willing to challenge assumptions but always do the right thing. People proving that innovation and responsibility don’t have to compete but can come together to create something truly unconventional in the world. For the last eight years we’ve been charting this new path forward. We call it The SoFi Way. At SoFi we don’t just talk about culture: we live it. The SoFi Way is how we show up every day how we make decisions and how we build for our members clients and each other.

Why Work 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 members reach their goals. The industry is going through an unprecedented transformation and we’re at the forefront.

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