Senior Associate of Market Risk Execution, SoFi

• The ideal candidate is analytically strong, detail-oriented, and interested in fixed income markets, mortgage products, and balance sheet risk management
• Bachelor’s degree in Finance, Economics, Mathematics, Accounting, Engineering, or a related quantitative field
• 1–3 years of experience in Treasury, Capital Markets, market risk, fixed income, mortgage finance, ALM, or a related field; strong internships may be considered
• Foundational understanding of interest rates, fixed income instruments, and mortgage products
• Familiarity with concepts such as duration, convexity, DV01, key rate risk, spread risk, and hedge effectiveness
• Strong analytical and quantitative skills with the ability to interpret market data and portfolio sensitivities
• Advanced Excel skills; experience with SQL, Python, VBA, or risk/reporting tools is a plus
• Strong attention to detail and ability to manage recurring processes with a high degree of accuracy
• Effective communication skills and comfort working cross-functionally in a fast-paced environment
• Strong organizational skills and ability to prioritize multiple deadlines

Desirable

• We are seeking a Market Risk Execution Associate in the Treasury team to support the management of market risk across the company’s balance sheet, with a primary focus on mortgage-related assets and associated hedging activities
• This role will help execute Treasury’s risk management strategy by monitoring exposures, supporting hedge implementation, analyzing hedge effectiveness, and assisting with daily risk reporting tied to retained mortgage positions
• This person will work closely with Treasury, Capital Markets, Finance, Accounting, and Risk teams to help manage interest rate, spread, convexity, and pipeline-related risks arising from on-balance sheet mortgages
• Assist in the design, implementation, and rebalancing of hedging strategies using approved instruments, including derivatives and cash market hedges
• Prepare daily and weekly risk reports covering hedge positions, sensitivities, exposure changes, P&L attribution, and hedge effectiveness
• Track asset and liability duration, convexity, and key rate exposures across mortgage-related positions
• Partner with senior Treasury team members to evaluate hedge needs driven by origination flows, retained production, portfolio runoff, prepayment behavior, and market moves
• Help execute hedge transactions within approved policies, limits, and governance frameworks
• Support scenario analysis and stress testing for mortgage portfolios under different rate, spread, and prepayment environments
• Assist in developing and maintaining risk models, dashboards, and reporting tools used to manage mortgage balance sheet exposure
• Work with Finance and Accounting to support hedge documentation, valuation review, and reporting requirements
• Maintain awareness of mortgage market trends, rate volatility, Federal Reserve activity, and macro developments relevant to balance sheet hedging
• Responsibilities include helping measure the risk profile of retained mortgage assets, supporting hedging activity, and ensuring Treasury maintains appropriate protection against adverse market movements. The associate will play a key role in translating portfolio exposure into actionable hedging strategy under the direction of senior Treasury leadership