Full-Time

Compliance Officer

SoFi

SoFi

1,001-5,000 employees

Lender and financial services provider

Data & Analytics
Venture Capital
Financial Services

Senior

Remote in USA

Required Skills
Management
Requirements
  • 5+ years of Commercial Payment / BIN Sponsorship / Issuing Bank experience
  • Demonstrated success in applying effective compliance oversight/third-party risk management strategies applicable to Bank-Fintech Partnerships or \
Responsibilities
  • Be the Compliance lead for the Bank's Commercial Payments program by offering certain clients a commercial debit or credit card, supplemented with ACH, wire and other payments capabilities
  • Ensure sponsorship programs are managed in full compliance with regulatory environments and card network rules
  • Collaborate with internal and external stakeholders during the onboarding and implementation processes
  • Assess regulatory applicability to the CPS products and services and advise on appropriate controls needed to meet applicable compliance requirements
  • Partner with Enterprise Risk Management to perform thorough client-based Risk Assessments for each CPS product and work to establish mitigation plans as necessary to appropriately manage identified risks
  • Develop and perform client-based Third Party Oversight due diligence and second line of defense monitoring and reporting
  • Engage with the business to develop appropriate first line of defense controls
  • Assist SoFi Bank and Galileo leadership with identification and onboarding of new clients
  • Generate monthly and quarterly reports on compliance and overall program performance
  • Partner with the Enterprise Chief BSA/AML officer to ensure appropriate AML/OFAC oversight
  • Ensure Fed/NACHA compliance
  • Manage customer complaints
  • Active participation in the development and management of customer facing contracts and network relationships
  • Potential to hire, train and oversee incremental staff as the Commercial Payment program matures and expands
  • Develop strong relationships with third party leadership

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.

INACTIVE