Credit Risk Oversight Manager

Who you are

• 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 the job involves

• 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
• 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

Benefits

• Comprehensive health, vision, dental, life insurance, and disability benefits
• Generous vacation and holidays
• Paid parental leave for eligible employees
• 401(k) and education on retirement planning
• Tuition reimbursement on approved programs, up to $5,250 per year
• Monthly contribution up to $200 to help you pay off your student loans
• Great health & well-being benefits including: telehealth parental support, subsidized gym program
• Flexible time off
• Fertility and family planning options
• Free financial classes