Full-Time

Technology Supplier Risk Manager

SoFi

SoFi

1,001-5,000 employees

Lender and financial services provider

Data & Analytics
Venture Capital
Financial Services

Mid, Senior

Seattle, WA, USA + 4 more

Required Skills
Management
Business Strategy
Requirements
  • Bachelor's Degree
  • Minimum of 5+ years of third party risk management experience in the financial services industry
  • Comprehensive knowledge of Third Party Risk Management methodologies, risk mitigation principles and outsourced risk governance best practices
  • Knowledge and experience with implementing Third Party Risk Management programs aligned with Regulatory guidance
  • Experience executing third party risk governance framework activities in consideration of relevant regulations applicable to the financial services industry
  • Ability to provide consultation to first line business leaders in consideration of the business strategy and third party risk management objectives
Responsibilities
  • Drive accountability and advise on effective management of third party risks
  • Ensure quality documentation across the supplier lifecycle for the third party portfolio to include knowledge of risk and controls for pre and post award of contracts
  • Drive consistent execution of supplier lifecycle management from selection, and onboarding through termination or exit
  • Support the monitoring and management of monthly routines such as timely execution of ongoing monitoring of suppliers, performance scorecards, service level agreement adherence, action planning to close gaps, etc.
  • Partner closely with 2LOD Risk Management to execute and implement an effective third party risk management program
  • Assist Technology leaders with SLA development and establishing an effective approach for ongoing monitoring
  • Assist contract owners and supplier relationship owners with understanding supplier performance gaps, logging issues through the issue management process, performing root cause analysis, etc.
  • Monitor monthly scorecard process, execution, and ensure quality documentation. Escalate risks as needed
  • Maintain third party community of practice (education/training) in coordination with the 2LOD Risk Management and drive engagement with supplier relationship owners in the 1LOD
  • Assist with implementation and adherence to the Third Party Risk Management Policy and Standards within the 1LOD
  • Monitor and track any exceptions to the Third Party Risk Management Policy
  • Assist contract owners with detailed action plans and reporting for less than satisfactory supplier performance
  • Assist with strengthening SLAs and helping contract owners balance managing supplier risk and performance
  • Create supplier reporting and bring visibility to supplier gaps/issues
  • Advise contract owners on the degree and depth of supplier oversight controls and routines
  • Create supplier specific and aggregate key risk indicators
  • Perform root cause analysis and assist with prioritizing gap closure for issues identified during due diligence or ongoing monitoring reviews

SoFi’s mission is to help people reach financial independence to realize their ambitions.

Company Stage

IPO

Total Funding

$6.2B

Headquarters

San Francisco, California

Founded

2011

Growth & Insights
Headcount

6 month growth

0%

1 year growth

2%

2 year growth

10%

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.