Employee Applicant Privacy Notice

Who we are:

Shape a brighter financial future with us.

Together with our members, we’re changing the way people think about and interact with personal finance.

We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

The role:

We are looking for a detail-oriented, analytical-minded advisor with prior experience with the Community Reinvestment Act (CRA) regulation. This is a great opportunity to take the lead in developing new processes and enhancing current processes while collaborating with internal partners to strive for “Outstanding” performance.

What you’ll do:

• Under the support of the CRA Officer you will be leading the Bank’s CRA Quality Assurance & Data Reporting function inclusive of the following:

• Oversee the Bank’s Small Business loan review process for CRA Consideration

• Monitoring and testing of CRA-Eligible Personal Loans

• Manage regulatory updates, inclusive of the CRA Disclosure Annual Filing (Small Business Regulatory Reporting) and CRA Public File updates

• Review for CRA consideration other activities as needed to ensure the Bank is meeting its CRA Strategic Plan measurable goals while ensuring adherence to the Bank’s policies and controls

• Volunteer within the Bank’s Assessment Areas to ensure measurable goals are met

• Other activities as assigned, which may include assisting with backlog of reviews, data collection for upcoming audits and examinations, enhancing current processes and system development/enhancement

• CRA Program Support

• Exam and Audit Management

• Respond to Public File requests and CRA related complaints

• Create and/or present CRA materials for employees

• Support in the development of the annual and Exam Self Assessments

What you’ll need:

• 8+ years of CRA Experience; inclusive of loan, investments, contributions and services reviews for CRA consideration

• Experience in audit, compliance or risk management in relation to CRA

• Experience with creation of policies and procedures

• Experience with CRA Disclosure Annual Filings and Familiarity with the 1071 Ruling

• Comfort with working in a remote environment, the ambiguity of changing priorities and the flexibility to embrace new ideas within a fast paced environment

• Advanced technical expertise (Excel, Tableau, CRA Reporting Systems)

• Excellent oral, written and interpersonal communication skills

• High-level of initiative to push for excellence and results while maintaining a high level of data integrity

• Ability to create, innovate and enhance current processes for further automation

• Demonstrated ability to self-motivate

• Teamwork makes the dreamwork mentality

• Must be willing to travel up to 10% of the time

Nice to have:

• Located within Salt Lake City, Utah or Sacramento, California

• Experience with updating the CRA Public File

• Experience working with the Office of Comptroller of Currency (OCC)

• Product Owner experience on a CRA Reporting System

• Possess a growth mindset (to problem solve and innovate)

Compensation and Benefits

The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.

To view all of our comprehensive and competitive benefits, visit our Benefits at So Fi page!
So Fi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job, without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
So Fi is committed to an inclusive culture. As part of this commitment, So Fi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com.
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.

Internal Employees

If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.