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:

The So Fi Credit Oversight team is responsible for managing credit risk across all lending products (Student Loan Refinance, Private Student Loan, Personal Loan, Credit Card, and Mortgage). This includes developing credit strategies and policies for new account origination, portfolio management, collections, and recovery operations, as well as providing oversight of operational controls.

The Director is responsible for overseeing credit risk activities for Student Lending (Student Loan Refinance & Private In School products) and will review and challenge strategy proposals to ensure growth is consistent with the company’s risk appetite. The role demands a strong analytical mindset, critical thinking skills, and a self-starting approach.

Key responsibilities include:

• Proactive Monitoring and Strategy Enhancement: Proactively engage with First Line partners, independently monitor strategies and performance, and leverage business acumen, credit experience, and quantitative skills to deliver data-informed insights and recommendations for strategy enhancement opportunities.

• Governance and Operational Controls: Lead the governance and oversight of operational controls supporting credit strategy changes, ensuring strong change management, data integrity, and strict adherence to risk and compliance standards across all lending portfolios.

• Risk and Control Self-Assessments (RCSA): Challenge and strengthen first line RCSA processes by providing effective second line oversight, identifying control gaps, and driving remediation to enhance the overall control environment. Cross-Functional Partnership: Partner cross-functionally with Credit, Operations, and Risk teams to enhance control design, monitoring, and sustainable risk management practices.

The ideal candidate will possess a data-driven analytics background, strategic acumen, and a controls mindset. This expertise will support So Fi’s overarching strategic goals for loss prevention and profit optimization. Furthermore, the Director is expected to drive innovation by introducing new ways of thinking, data sources, technologies, and capabilities to So Fi.

What you’ll do:

• Innovate… Bring your brightest ideas to independently review and challenge algorithmic risk strategies, including but not limited to credit underwriting, pre-screen targeting & risk tier assignment.

• Data Driven… Your deep analysis will power insight-gathering

• Iterate, learn, innovate… We are all responsible for innovation and must embrace a test-and-learn mentality and data-driven decision making.

• Collaborate… Work collaboratively with business partners to ensure optimal decision making to protect the Bank

• Control the Risk and Drive Performance Outcomes … Understand credit risk and develop approaches to mitigate loss and responsibly grow revenue. Independently monitor the performance of strategies and portfolios. Document and communicate results and escalate issues as necessary. Identify gaps/opportunities and drive actions.

• Challenge the Status Quo … Challenge others, continuously raise the bar, build better processes and attack hard problems to help First Line Credit team and the business build responsible strategies within risk appetite

What you’ll need:

• 10+ years of related experience

• Business acumen and work experience in the consumer lending business (Student Lending - preferred, Unsecured loans or credit cards)

• Direct experience in the credit strategy analytical life cycle, including strategy and decision tree development, P&L, presentation, review and challenge, and post-implementation monitoring

• Proven analytical skills in conducting sophisticated analysis using customer performance data, bureau attributes, bureau analytical sandboxes and other 3rd party variables to solve business problems

• Proficient data exploration and credit modeling skills in Excel, SQL and Python

• A demonstrated ability to synthesize and communicate analysis to business partners and senior management

• Proactive, results-driven, eager to learn, and able to work collaboratively in a fluid environment

• Knowledge/skills in analytical and modeling techniques such as decision trees, regression, logistic regression, test design

• Preferred: Experience in developing credit strategies using innovative data sources such as cash flow or alternative data

• Preferred: Advanced degree (Master’s or PhD) with a quantitative major such as Statistics, Mathematics, Engineering, or Computer Science

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 SoFi](https: //sofietyinfo.sofi.com/sofi-benefits) 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.