$250K — $500K+*
Who we are
SoFi is a digital personal finance company whose mission is to help its members achieve financial independence to realize their ambitions, whether that be to buy a house one day, start a family on their own terms or be debt free. We aim to be at the center of our members’ financial lives, and to help every member Get Their Money Right®. By joining SoFi, you’ll become part of a forward-thinking company that is transforming financial services by embracing technology to build innovative loan products, investment tools, and more. One of the fastest growing fintech companies, we’ve grown from 250 employees in 2015 to over 1,500 employees today and are well on our way to reaching 1 million members. With offices across the US, we offer the excitement of a rapidly growing startup with the stability of a seasoned management team and some of the best talent around. As an employer, we strive to hire employees who are committed to both our company’s mission and our desire to build the best culture in the world. If you are driven, passionate about what you do, and excited about the SoFi mission, we would love to hear from you.
SoFi’s Risk Management team has responsibility for ensuring growth in lending and other member related activities are consistent with the company’s risk appetite. The team holistically manages enterprise, credit, deposit products, fraud prevention, portfolio management, infrastructure, and business operating risks. In addition, U.S. Risk Management directly manages enterprise partners, ensures strong compliance with regulations, acts as a multi-layered second line of defense in oversight of business operations, and works to ensure risk policies enable a member-first experience.
The Senior Risk Analytics - ACL and Capital Planning Manager will have responsibility for developing an estimate of SoFi Bank, NA (proposed) ACL/Allowance for Credit Losses from a credit and risk perspective, assist in developing and documenting a robust provisioning methodology, and recommending prudential loan loss reserve ratios. This role will gather data, execute reporting and perform analysis in support of the allowance for loan loss process and methodology.
In addition to ACL, this role is responsible for building foundational Capital Planning and is responsible for the planning, forecasting, and optimization of capital along the stress continuum, with the overarching objective of improving Return on Capital measures for SoFi Inc., SoFi Bank, NA (proposed), and subsidiaries. This individual will be focused on optimization of scenarios across the stress continuum, ranging from steady state to stress environments, including external benchmark scenarios, CCAR, Recovery, and Resolution plans. Our capabilities include accurately forecasting capital capacity and ratios and related measures, such as Risk-Weighted Assets; coordinating associated regulatory submissions; driving the optimization of capital across SoFi; and improving the systems and processes used to perform these activities.
This role reports to the Vice President, Risk Analytics & Strategy.
By joining SoFi, you’ll become part of a forward-thinking company that is transforming financial services for the better. We offer the excitement of a rapidly growing startup with the stability of an industry leading leadership team.
What you’ll do:
Allowance for Credit Losses (ACL)
What you’ll need:
Why you’ll love working here
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
Valid through: 10/30/2020
$100K — $150K
15 days ago