Manager, Compliance Risk Assessment
SoFi
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The role:
The Mgr, Compliance Risk Assessment reports to the Director of Compliance Risk Assessment and is responsible for supporting the day-to-day execution of the Compliance Risk Assessment (CRA) Program. This includes managing templates and data inputs, overseeing the execution of the CRA, and drafting policies, procedures, results and management reporting of the CRA. This role will also support the Compliance RCSA process and other areas as needed.
What you'll do:
Develop and lead the execution of project plans to ensure timely completion of the CRA
Perform quality assurance reviews on compliance controls to ensure each control meets the requirements of the minimum control standards
Manage the process to ensure connectivity of the risk assessment program to independent compliance testing and the enterprise RCSA program
Lead training efforts for the first line of defense and Compliance Advisors with respect to identifying and documenting controls that can be mapped to compliance risk
Lead the execution of the CRA for the assigned business coverage area and escalate any issues in a timely manner
Perform quality assurance reviews of the CRA for the assigned business coverage area, including providing credible challenge to risk ratings and rationales for assessment units
Lead meetings with relevant stakeholders in the First and Second Lines of Defense to understand products, services, and clients and how it impacts related risks and controls
Ensure key risks and business lines are mapped to relevant rules and regulations
Work with various stakeholders across the First and Second Lines of Defense to create management action plans to address control gaps that were identified during the CRA process
What you'll need:
Bachelor's degree and 8+ years of related experience
OR Master's degree and 6+ years of related experience
-OR PhD and 3+ years of related experience
OR equivalent work experience
Ability to build effective relationships with a proven record of building trust and credibility through strong interpersonal skills, communications, and actions
Ability to negotiate effectively using diplomacy and tact to resolve difficult issues while maintaining a high degree of professionalism.
Ability to write accurate reports and documents, and sort and interpret data
Holds self to a high level of quality
Must be self-motivated and enthusiastic to obtain personal and company goals
Dedication to integrity, producing high quality results, and meeting deadlines
Ownership of core responsibilities, providing sound guidance to others
Outstanding communication skills, both oral and written, and the ability to communicate clearly with constituents, including playing the role of an effective challenger
Strong organizational skills
Demonstrated ability to research and interpret data from various sources
Works to reduce complexity (in processes, products, etc.) Makes things simpler
Leverages extensive knowledge and skills and resolves complex issues in creative and effective ways
