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Full-Time

Business Lead

Student Loan Refinancing

Posted on 7/29/2024

SoFi

SoFi

1,001-5,000 employees

Offers diverse personal finance solutions

Fintech
Financial Services

Expert

Frisco, TX, USA + 3 more

More locations: San Francisco, CA, USA | Reston, VA, USA | Cottonwood Heights, UT, USA

Due to insurance coverage issues, remote work is not available from Hawaii or Alaska at this time.

Category
Strategy Development
Business & Strategy
Required Skills
Communications
Financial analysis
Marketing
Data Analysis
Requirements
  • Minimum of 9+ years in financial services
  • Bachelor's degree in Finance, Business or related field
  • Demonstrated track record of successful business execution
  • Ability to collaborate effectively with a cross-functional team
  • Strong organizational and project management skills
  • Strong communication and presentation skills
  • Flexible and collaborative approach to problem solving
  • Respect for the member/customer experience
Responsibilities
  • Perform targeted strategic, market, competitor and financial analysis
  • Manage the prioritization of Marketing, Pricing, Operations, Product, Engineering initiatives
  • Lead cross-functional business growth and improvement initiatives
  • Provide primary business unit leadership for EPD and Operations initiatives
  • Lead the execution of obligations related to Risk Management, Compliance, Business Controls, and Regulatory matters
  • Develop and provide regular reporting on business performance/analytics
  • Own and update the business’s program guidelines

SoFi provides a variety of financial services aimed at helping individuals manage their money effectively. Its offerings include home loans, personal loans, student loan refinancing, credit cards, and investment options. SoFi's platform is designed to be user-friendly and mobile-first, allowing members to easily access and utilize these services. The company differentiates itself from competitors by offering a comprehensive suite of financial products under one roof, along with educational resources to assist users in making informed financial decisions. SoFi's goal is to create a seamless experience for its members, encouraging them to engage with multiple services while fostering an inclusive environment.

Company Stage

IPO

Total Funding

$6.2B

Headquarters

San Francisco, California

Founded

2011

Growth & Insights
Headcount

6 month growth

4%

1 year growth

12%

2 year growth

19%
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Simplify's Take

What believers are saying

  • SoFi's strategic partnerships and securitization deals, such as the $350M loan securitization with PGIM, bolster its lending capabilities and financial stability.
  • The company's innovative approach to financial wellness, including the integration of spending, saving, and lending products, offers employees a dynamic and forward-thinking work environment.
  • SoFi's commitment to inclusivity and a welcoming environment fosters a positive workplace culture, enhancing employee satisfaction and retention.

What critics are saying

  • Regulatory challenges, such as the recent $1.1M fine for failing to verify customer accounts, could impact SoFi's reputation and operational costs.
  • The competitive fintech landscape requires continuous innovation to maintain market share, posing a risk if SoFi fails to keep pace with industry advancements.

What makes SoFi unique

  • SoFi's mobile-first approach and comprehensive suite of financial services create a seamless, integrated experience that sets it apart from traditional financial institutions.
  • The company's focus on member-centric services, including discounted financial planning and educational resources, enhances customer loyalty and engagement.
  • SoFi's recent expansion into alternative investments through partnerships like Templum provides unique investment opportunities for retail investors, distinguishing it from other fintech platforms.

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Benefits

You’re taken care of. SoFi employees receive comprehensive health, vision, dental, life insurance, and disability benefits—as well as flexible time off, fitness, fertility, and family planning options.

Realize your ambitions. We want to help our employees achieve financial freedom, just like our members. That’s why we contribute $200 per month toward your student loans to help pay down your debt—plus free financial classes.

Never stop learning. We offer frequent training, mentorship opportunities, and leadership programs to develop our people. We also cover tuition costs for approved programs, up to $5,250 per year.

INACTIVE