Full-Time

Compliance and Risk Specialist

Confirmed live in the last 24 hours

SoFi

SoFi

1,001-5,000 employees

Offers diverse personal finance solutions

Fintech
Financial Services

Senior

Remote in USA + 2 more

More locations: Hawaii, United States | Alaska, USA

Remote work is not available from Hawaii or Alaska.

Category
Risk & Compliance
Legal & Compliance
Required Skills
Lead Generation
Requirements
  • BA/BS Degree or equivalent combination of education and experience required.
  • Minimum of five (5) to seven (7) years’ experience working in compliance, audit or other governance functions within a deep working knowledge of consumer finance protection regulations, including but not limited to UDAAP, FCRA, ECOA, TILA, EFTA.
  • Excellent analytical skills, sound judgment, and creative problem solving ability: detail-oriented, ability to analyze complex laws and regulations, grasp new concepts quickly, and synthesize complex information or ambiguity effectively.
  • Exceptional verbal and written communication and time management skills. Ability to communicate complicated issues clearly and simply to timely present clear and actionable choices and recommendations;
  • Ability to interact with all levels of management and cross-functional partners in a collaborative and respectful manner.
  • High ethical standards; ability to maintain confidentiality.
  • Additional knowledge and experience in insurance agency, lead generation, and small business finance regulations are preferred.
Responsibilities
  • Ensuring that policies and processes are compliant, appropriate, competitive, and consistent with Management’s risk appetite and strategy.
  • Assisting the Compliance Officer with risk assessments, new product and activity reviews, third party oversight, control effectiveness evaluations, and issue validations, with a keen eye on regulatory impact.
  • Monitoring business activities to identify regulatory risks to which the organization is exposed and working with the business and other support functions to implement measures to prevent, eliminate, or mitigate those risks.
  • Leading or participating in projects designed to address regulatory compliance requirements.
  • Providing specialist knowledge to business teams on Compliance matters to ensure a culture of compliance and partnership.
  • Responsible for the review of complaints to identify regulatory exceptions and process improvements.
  • Ensuring that all tasks are carried out with a high degree of professionalism and ethics.

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

$4B

Headquarters

San Francisco, California

Founded

2011

Growth & Insights
Headcount

6 month growth

-16%

1 year growth

-6%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • SoFi's member base grew to over 10 million, indicating strong market presence.
  • The $2 billion loan expansion agreement diversifies SoFi's revenue streams.
  • Partnerships with companies like Mesh Payments enhance SoFi's B2B capabilities.

What critics are saying

  • Increased competition from fintech firms could erode SoFi's market share.
  • Reliance on partnerships may expose SoFi to financial and operational risks.
  • Expansion into new products could strain resources and lead to operational challenges.

What makes SoFi unique

  • SoFi offers a comprehensive suite of financial products under one platform.
  • The company leverages mobile-first technology to enhance user experience and engagement.
  • SoFi's member-centric approach fosters loyalty and long-term customer relationships.

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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.