Full-Time

Compliance Advisor

Confirmed live in the last 24 hours

SoFi

SoFi

1,001-5,000 employees

Offers diverse personal finance solutions

Fintech
Financial Services

Senior, Expert

Remote in USA

Remote work is not available from Hawaii or Alaska.

Category
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
Requirements
  • Bachelor’s degree
  • At least 8-10 years of legal, quality assurance, regulatory compliance, federal or state examination, compliance testing or auditing experience, specifically within fintech, financial services, or a regulated banking institution
  • Deep knowledge of US banking laws, broker/dealer, BSA/AML and sanctions regulations
  • Strong analytical, problem-solving, critical thinking, and communication skills
  • Confidence in verbal and written communication skills required; must be able to communicate with all levels of the organization with tact and diplomacy
  • Ability to work independently and a strong sense of ownership (methodical, self-starter, hands-on, detail oriented, and big-picture minded), as well as ability to collaborate with cross-functional teams and build strong relationships
  • Ability to work in a fast-paced environment and adapt to changing expectations
  • JD
  • CIA
  • CAMS
  • CRCM certification
Responsibilities
  • Establishing and maintaining strong working relationships with relevant Compliance Officers and Business Areas.
  • Lead QA reviews to ensure ICT testing adhere to program standards and policies
  • Check and challenge ICT reviews including the scope memos, risk assessments, testing plans, field work, work papers, analyses, and reports
  • Communicate issues timely as they arise for remediation during the process, and be proactive and professional with stakeholders
  • Report QA results and findings to SoFi leaders and stakeholders verbally and in writing
  • Maintain QA work papers in the system of record completely and accurately in a timely manner
  • Lead risk assessment reviews to ensure completeness and accuracy of Compliance Risk Assessments
  • Ensure that risk assessment content is fit for purpose in terms of its inputs, analyses, and outputs, as well as well-supported and fulsome
  • Lead issue validation program on behalf of ICT
  • Identifying and classifying findings properly; managing and tracking those findings to ensure the business owner remediates the issue; and performing validation and sustainability review/testing to confirm that the finding has been fully addressed
  • Analyzing data from multiple sources and systematically documenting the work and results
  • Ensure all tasks and reporting are completed within established timeframes, in accordance with the program’s validation plan
  • Drive innovation through data analytics and technology-enabled solutions to identify regulatory compliance risk exposures and improve funnel efficiency
  • Coordinate with various business teams for regulatory exams and internal audits, providing requested data as needed

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.