Employee Applicant Privacy Notice 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 fi…
Skills: Credit Risk Management, Advanced Analytics, SQL, Python, R
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Senior$16B raised
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsor…
Skills: Production Support, SRE, DevOps, Fixed Income eTrading, Linux/UNIX
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Senior$16B raised
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$135k–$150k/yr
Mid level$1.6B raised
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$138k–$237k/yr
Full-time
bachelor degree, postgraduate degree
Bonus, Long Term Incentives, Competitive Benefits
Posted 25d ago
~40 hrs/week
Responsibilities
Provide second-line oversight of credit risk for Small Business lending products to ensure effective controls and regulatory readiness. Perform advanced analytics to monitor portfolio performance, identify risk gaps, and provide effective challenge to first-line credit strategies.
Requirements
Requires a Bachelor's degree with 12+ years of experience or a Master's degree with 8+ years of experience in credit risk. Must be proficient in data mining tools like SQL, Python, R, or SAS and possess strong analytical reasoning skills.
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:
SoFi Technologies Inc. is seeking a skilled and experienced Senior Staff Credit Risk Analyst to join our dynamic team. As a key contributor, you will play a crucial role in the development and execution of industry best Credit Risk Management. The incumbent will improve comprehensive risk management capabilities for a rapidly growing bank holding company – ensuring robust defensive and offensive analytical capabilities – The contributor will play an essential role in fostering regulatory readiness and maturing a strong effective challenge second-line function across Credit Risk.
The Credit Risk Oversight (2LOD) Senior Staff Credit 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 Small Business lending products. The role will perform advanced analytics to identify gaps and opportunities in the credit risk strategies and policies to ensure effective controls, performance monitoring and maintain an effective challenge environment.
What you’ll do:
Provide analytical support for data-driven insight generation to provide effective challenge to first line Credit through a combination of Small Business loan expertise and high-quality analytical thought processes
Support 2nd line Small Business Credit Risk by driving robust monitoring and adherence to risk appetite, risk identification, issue management and regulatory reporting
Monitor operational performance, roll rates, delinquent inventory, and credit loss trends. Perform diagnostic analyses on all aspects of Portfolio Management policies to assure strategies are fully optimized. Effectively communicate these trends to management
Review KPI/KRIs to monitor credit performance and and evaluate the effectiveness of current policies and procedures
What you’ll need:
Bachelor's degree and 12+ years of related experience or Master's degree and 8+ years of related experience
Industry knowledge, including a sound understanding of relevant regulations
Proactive go-getter able to to work in a fast-paced environment and proven ability to innovate
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
Working familiarity with automated monitoring tools and incident remediation
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 SoFipage!
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.
SoFi is committed to an inclusive culture. 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.
Related keywords
Credit Risk2LODSmall Business LendingRisk ManagementSQLPythonRSASTableauKPIKRIRegulatory CompliancePortfolio ManagementData MiningFinancial ServicesBanking
SoFi is a values-driven company on a mission to help our members get their money right. We create modern financial products and services that help people borrow, save, spend, invest, and protect their money better, so that they can achieve financial independence and realize their ambitions—from owning a home to saving for retirement, paying off their student loans, and more.
CFL #6054612; NMLS #1121636 (www.nmlsconsumeraccess.org) Advisory services through SoFi LLC, a registered investment advisor. SoFi Checking and Savings is offered through SoFi Bank, N.A. Member FDIC. SoFi Money™ is offered through SoFi Securities LLC, member FINRA/SIPC.
Offices: 234 1st St, San Francisco, California 94105, US · 375 Healdsburg Ave, Healdsburg, California 95448, US · 1200 N. Montana Ave., Helena, Montana 59601, US · 27 W 24th Street, Suite 405, New York, New York 10010, US · 10701 Parkridge Blvd, Suite 120, Reston, Virginia 20191, US
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