Senior Risk Analyst, Fair and Responsible Banking
SoFi
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The role
We are looking for a results-driven, passionate and engaging leader with prior experience in Fair Lending regulations and analysis. The Senior Risk Analyst role will work within SoFi’s second line of defense Fair Lending program. This individual will work closely with SoFi’s Credit Risk and Compliance teams to provide oversight and guidance on the Fair Lending implications of business decisions. This includes building out and expanding the Fair Lending analytics program beyond product level. This role will also be responsible for keeping abreast of changes and updates to regulations, including, CRA, HMDA, ECOA, FHA, and other regulations as applicable.
By joining SoFi, you'll become part of a forward-thinking company that is transforming financial services for the better. We offer the excitement of a rapidly growing startup with the stability of an industry leading leadership team.
What you’ll do:
The Senior Risk Analyst will help SoFi build Fair Lending Analytics by doing the following:
- Enhance and improve the second line of defense fair lending analytics program
- Aggregate and synthesize data sets to perform statistical reviews for disparate impact across portfolios, products and models
- Collaborate with partners across Credit Risk, Compliance and Legal to provide in-depth analyses
- Communicate results effectively to both internal and external partners
- Incorporate the latest Fair Lending guidance from the governing bodies (CFPB, Federal Reserve, OCC, etc.) into SoFi’s program when updates are provided
What you’ll need:
- 3+ years of Fair Lending analytics experience in the financial industry (preferably with medium to large banks)
- Experienced in statistical data analysis who excels in reviewing a high volume of product level data on a monthly/quarterly basis
- Excellent communication and presentation skills
- Knowledge of Python, AWS, SQL and Tableau
- High-level of initiative to push for excellence, results, and process improvement
- Ability to analyze and interpret rules, regulations and policies
- Known for being detail-oriented with a demonstrated ability to self-motivate
- Comfort with working in a remote environment, the ambiguity of changing priorities and the flexibility to embrace new ideas within a fast-paced environment
- Proven track record of facilitating organization-wide data collection and review with multiple senior level stakeholders