Risk Strategy & Operations Senior Analyst, SoFi
$135-148.5k
More information about location
Mobile & online personal finance services
Be an early applicant
Mobile & online personal finance services
1001+ employees
Be an early applicant
$135-148.5k
More information about location
1001+ employees
Company mission
To help people reach financial independence to realize their ambitions.
Role
Who you are
- Master’s degree in Finance, Mathematics or related quantitative discipline and two (2) years of experience in the job offered or in a related occupation
- 24 months of experience required for the following skills:
- 1.) performing quantitative analysis of risk trends and financial performance data to support strategic decision-making
- 2.) supporting risk management or governance initiatives, including preparation of risk reports or senior leadership presentations
- 3.) working with cross-functional business units to support execution of risk or financial initiatives
- 4.) analyzing portfolio or risk performance metrics to identify trends and recommend actions
- 5.) supporting regulatory, audit or compliance-related risk deliverables
- 6.) contributing to business case development or project execution planning
- 7.) using SQL to extract and analyze large datasets for risk-related or financial reporting purposes
- 8.) using Python for statistical analysis in a risk-related or financial services environment
- 9.) using Tableau or Power BI to translate risk data into leadership dashboards
- Any suitable combination of education, training and/or experience is acceptable
What the job involves
- Social Finance, LLC seeks Risk Strategy and Operations Senior Analyst in New York, NY:
- Job Duties: The role involves enhancing and managing formal control forums to provide senior leadership with increased visibility and reporting into the status of critical risk processes operated across the enterprise
- The candidate drives the adoption of sophisticated risk insights at the senior leadership level by translating complex analytical data into practical, actionable guidance that is directly embedded into day-to-day risk management and strategic decision-making
- Acting as an internal risk consultant, the individual leads the execution of short- and medium-term strategic initiatives by managing project scope, cross-functional dependencies, and resource allocation
- The candidate is responsible for driving the analysis of emerging risk trends and producing data-driven recommendations to mitigate organizational risk while ensuring the execution of Independent Risk Management’s long-term strategy
- Additionally, the role includes designing an integrated operating cadence that bridges strategy and performance management through the use of Objectives and Key Results (OKRs) and business reviews to ensure organizational accountability
- The candidate develops high-impact technical presentations to convey risk posture to senior leadership and partners, facilitates regulatory exam execution for risk-specific deliverables, and collaborates with Corporate Development to conduct risk-based due diligence to ensure alignment with the company’s strategic mission
Our take
SoFi started by offering ways for students to secure better financial terms on their loans, and now offers a huge range of personal finance products, including bank accounts, loans, mortgages, investment advice, and investment opportunities. Many customers find they have to go to multiple financial service providers to meet all their finance needs, but SoFi overcomes this issue by putting it all in one place.
Its goal, to cover all the financial bases, sets it apart from many of the traditional banks and even some of their digital competitors, such as Avant, which has chosen to focus on providing credit alternatives. Although it is operating in a competitive market with a lot of big players such as Monzo, Revolut, and Starling, the company has managed to raise huge amounts of funding to support its rapid expansion.
SoFi has focussed on global expansion, moving outside the US, and has made a series of acquisitions to support this - including a Hong Kong-based investment app called 8 Securities. After going public on the New York Stock Exchange via a SPAC merger in June 2021, the company has continued to evolve and release more mission-oriented services into its roster, and strengthened its lending capabilities through a $350 million post-IPO loan. To date, the company has sold over $15 billion in personal loan collateral and continues to strengthen its offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Jan 2021
$369.9m
LATE VC
May 2019
$500m
GROWTH EQUITY VC
Total funding: $2.7bn
Company 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
Company HQ
The East Cut, San Francisco, CA
Leadership
Anthony Noto
(CEO)Graduated from the U.S. Military Academy after being a telecommunications officer and captain in the U.S. Army. Has worked as Head of Gobal Telecommunications, Media and Technology at Goldman Sachs, been the COO of Twitter, and also the CFO of the National Football League.
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