Senior Risk Analyst, Fair and Responsible Banking

Posted 4 Days Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
Mid level
Fintech • Mobile • Software • Financial Services
SoFi’s mission is to help people reach financial independence to realize their ambitions.
The Role
The Senior Risk Analyst will enhance and expand SoFi’s Fair Lending analytics programs, perform statistical reviews of product-level data, collaborate with various teams, and ensure compliance with Fair Lending regulations. Responsibilities also include interpreting regulations, effective communication of results, and continuous improvement of data processes.
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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

We are looking for a results-driven, passionate and engaging leader with prior experience in Fair Lending regulations and analysis. The Senior Risk Analyst role will work within SoFi’s second line of defense Fair Lending program. This individual will work closely with SoFi’s Credit Risk and Compliance teams to provide oversight and guidance on the Fair Lending implications of business decisions. This includes building out and expanding the Fair Lending analytics program beyond product level. This role will also be responsible for keeping abreast of changes and updates to regulations, including, CRA, HMDA, ECOA, FHA, and other regulations as applicable.

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:

The Senior Risk Analyst will help SoFi build Fair Lending Analytics by doing the following:

  • Enhance and improve the second line of defense fair lending analytics program
  • Aggregate and synthesize data sets to perform statistical reviews for disparate impact across portfolios, products and models
  • Collaborate with partners across Credit Risk, Compliance and Legal to provide in-depth analyses
  • Communicate results effectively to both internal and external partners
  • Incorporate the latest Fair Lending guidance from the governing bodies (CFPB, Federal Reserve, OCC, etc.) into SoFi’s program when updates are provided

What you’ll need:

  • 3+ years of Fair Lending analytics experience in the financial industry (preferably with medium to large banks)
  • Experienced in statistical data analysis who excels in reviewing a high volume of product level data on a monthly/quarterly basis
  • Excellent communication and presentation skills
  • Knowledge of Python, AWS, SQL and Tableau
  • High-level of initiative to push for excellence, results, and process improvement
  • Ability to analyze and interpret rules, regulations and policies
  • Known for being detail-oriented with a demonstrated ability to self-motivate 
  • Comfort with working in a remote environment, the ambiguity of changing priorities and the flexibility to embrace new ideas within a fast-paced environment
  • Proven track record of facilitating organization-wide data collection and review with multiple senior level stakeholders

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 RightsSoFi 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.

Top Skills

Python
SQL

What the Team is Saying

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The Company
New York, NY
4,800 Employees
Hybrid Workplace
Year Founded: 2011

What We Do

For nearly a decade, SoFi has helped transform the Fintech industry by creating financial products and services that help people borrow, save, spend, invest, and protect their money better, so they can achieve financial independence and realize their ambitions. Whether it’s owning a home, saving for retirement, paying off their student loans, or helping our members invest - SoFi is there every step of the way. Want to learn more about how it works? Check it out here: https://www.sofi.com/how-it-works/

Our core values are at the center of how we help our 2+ million members get their money right. They are our guiding principles for how we think about serving our members, building our company, and most importantly, how we work together. At SoFi, it’s not just what we do - but how we do it.

SoFi is also proud to be the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams.

For more information, visit SoFi.com

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 2+ million members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront.

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SoFi Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

You can work from anywhere! We take a flexible approach to the workplace, allowing employees to choose to be remote, hybrid, or in-office full time.

Typical time on-site: Flexible
New York, NY

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