Senior Director New Product and Business Risk Oversight

The Role:

This role is part of the Enterprise Risk Management (ERM) team within Independent Risk Management (IRM).  Its primary responsibilities include being the central role in fulfilling the position of a Business Unit Risk Officer as well as setting requirements for the company-wide framework to assess New Products and Change Initiatives.  This includes development and ongoing governance of risk management practices for products offered internationally. 

What you’ll do: 

• Serve as the first point of contact and escalation path for risk matters within the assigned businesses.
• Advise business leadership on risk implications of strategic initiatives product changes market entry/exit decisions and operational transformations.
• Lead IRM deal teams in partnership with the Business Compliance Officer and coordinate inputs from functional risk leads to produce a holistic IRM point of view.
• Influence and challenge senior management constructively ensuring balanced risk/reward decisions.
• Establish and oversee policy requirements for the assessment of new modified and expanded products as well as business change initiatives.
• Provide second-line oversight of the end-to-end product lifecycle to ensure alignment with the bank’s risk appetite regulatory expectations and strategic objectives.
• Define minimum risk management standards for new modified or expanded products across all risk types (credit market liquidity operational compliance etc.).
• Architect the ongoing IRM operating model for products globally establishing the governance structures policies and monitoring standards necessary to identify measure manage and escalate risk across risk categories.
• Establish clear new product approval thresholds documentation standards and escalation protocols.
• Set expectations for post-launch product review and performance monitoring.
• Serve as the central IRM lead partnering across IRM in developing ongoing international risk management requirements and country-level risk governance structures including risk appetite limits policies and reporting.
• Adapt the ERM framework to local regulatory and risk environments while maintaining global consistency.

What you’ll need:

• Bachelor’s degree in Finance Economics Business Administration Risk Management or related field.
• 12+ years of experience in risk management within financial services with exposure to multiple risk disciplines including experience operating under globally recognized regulatory regimes.
• Demonstrated experience building Independent Risk Management practices implementing risk frameworks or overseeing risk governance across multiple regions.
• Strong understanding of principles across risk categories including credit operational market and financial-crime risk.
• Proven experience in a leadership or senior advisory role with accountability for risk oversight at a business-line level.
• Strong understanding of banking products services and regulatory requirements.
• Demonstrated ability to operate effectively in a matrixed environment collaborating across multiple functions and geographies.
• Strategic Risk Thinking – Ability to synthesize complex and cross-disciplinary risk information into clear actionable insights.
• Influence & Collaboration – Builds trust and drives alignment across multiple stakeholder groups in a matrix structure.
• Challenge & Oversight – Constructively challenges assumptions decisions and risk-taking behaviors while remaining solution-oriented.
• Execution & Accountability – Drives risk programs to completion ensuring tangible business outcomes.
• Communication Excellence – Communicates risk issues and recommendations effectively at all organizational levels.

Nice to have:

• Master’s degree (MBA MS Risk Management or related discipline).
• Professional certifications such as FRM PRM CFA or CRCM.
• Experience interfacing with regulators and external auditors.

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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