Compliance and Risk Specialist

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 Compliance Advisor will provide second-line independent oversight, partnership, and guidance regarding SoFi's Lantern, Protect, At Work products and other non-bank member services and processes. Working through our compliance framework, this role is responsible for ensuring that these areas are executed in accordance with regulatory requirements. In partnership with the Corporate Compliance Officer, the Advisor will continuously provide insight into the overall risk profile of the business and provide suggestions for improvements.

What you'll do:

• 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.

What you'll need:

• 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.

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 page!
SoFi 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
SoFi is committed to embracing diversity. As part of this commitment, SoFi 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.