Independent Assessment & Review Analyst

SoFi is seeking an energetic, analytic, and intellectually curious Independent Assessment & Review Manager to join our Fraud Risk team. This role - as part of the 2nd Line of Defense - will conduct assessments of the fraud program design and operational effectiveness, evaluating prevention, detection, and response capabilities, including processes, tools, skills and staffing. Additionally, the person in this role will look to ensure alignment with industry best practices and compliance with regulatory standards as well as identifying exposure to fraud across business units, products, and channels making sure vulnerabilities are recognized and understood. The ideal candidate will have experience in risk management and analytic strategy and will be an agile learner, think strategically, and possess strong communication and problem-solving skills.

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:

• Develop fraud 1st line program assessment methodology and approach


• Provide actionable feedback and recommendations to improve fraud program resilience


• Monitor the implementation of recommended improvements and the ongoing evolution of the program to meet dynamic fraud landscapes and regulatory changes


• Record discrepancies between existing controls and the level of risk protection required, highlighting areas where enhancements are needed


• Assess the impact of new products and initiatives to the fraud risk appetite, conducting reviews and providing effective challenge


• Confirm that regulatory compliance considerations are fully integrated into the fraud risk framework


• Develop fraud standards and fraud risk questions to be leveraged by Supplier Risk Management for vendor assessments


• Review and assess fraud forecasts and forecasting methodologies, providing strategic insights and recommendations to further enhance accuracy

What you’ll need:

• Bachelor’s degree with 8+ years experience in risk management and analytic strategy within the financial services industry preferred


• Knowledge of banking products, processes and regulations


• Experience querying large datasets using SQL


• Exceptional interpersonal, verbal and written communication skills


• Strong leadership, collaboration, influencing and organizational skills with attention to detail


• Must be self-motivated with the ability to work independently or within a group under minimal daily direction.


• Intellectually curious. You adapt to change, embrace bold ideas, ask questions, test assumptions, and challenge conventional thinking


• Strong analytical and problem-solving skills, with the ability to analyze complex issues, develop innovative solutions, and make data-driven decisions


• Experience leading and managing meetings with cross functional teams, effectively and efficiently communicating and driving engagement.


• Proficiency in data analysis and deriving meaningful insights for decision-making


• Demonstrated ability to collaborate with multidisciplinary teams, take ownership of deliverables, and drive assigned tasks to completion, in a timely manner.


• Experience with regulatory compliance and corporate governance standards


• Ability to work under tight deadlines


• Ability to manage multiple initiatives and competing priorities, meet deadlines, and adapt to change


• Proficiency with Google Suite and/or Microsoft Office products


• Strong team player