Business Controls Senior Risk Analyst

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. Position Summary: The Business Controls Sr. Risk Analyst will support the First Line of Defense (1LOD) by playing a crucial role in establishing and maintaining a robust control environment across Operations. This role will partner with stakeholders to facilitate and drive the consistent implementation and execution of key Second Line of Defense (2LOD) Risk Management programs, including Risk and Control Self-Assessments (RCSA), Issue Management, and Risk Reporting. This position requires an independent and proactive individual who will partner closely with risk owners and the broader 1LOD organization. The role involves collaborating with stakeholders to identify and develop effective controls to mitigate identified risks, assisting issue owners in enhancing control frameworks to prevent recurrence, and actively contributing to control testing engagements. A key aspect of the role involves creating and reviewing operational workflows to identify potential risks and map appropriate controls, as well as identifying control gaps and supporting remediation efforts in collaboration with operational teams. Key Responsibilities: Partner with stakeholders to identify, document, and assess relevant risks and controls Conduct walkthroughs of business processes to document process flows and ensure effective controls are in place to mitigate risks Manage issues and ensure timely and satisfactory completion of corrective action plans to address the root case and related control gaps Conduct timely periodic reviews and updates of RCSAs to assess the design and operating effectiveness of controls based on control testing results, effectiveness of issue remediation, any updates to processes, etc. Create and maintain risk management reports for various forums Demonstrate strong relationship-building and communication skills in order to support consistent understanding, adoption, and high-quality execution of the enterprise risk management frameworks (policies, programs, processes, etc.) to promote a strong culture of risk management Provide support to the stakeholders during oversight activities performed by 2LOD Collaborate with the testing team to ensure testing scope comprehensive for identifying and mitigating risks effectively Undertake ad-hoc duties, as needed, to support Business Controls. Qualifications: Bachelor’s degree 4+ years of relevant experience risk management, compliance, or audit Experience in the banking and/or fintech industry Understanding and experience working with the three lines of defense Knowledge of banking products, processes, and regulations Experience mapping complex processes and identifying control points Self-motivated with strong ability to work independently with minimum oversight Strong attention to detail Well organized Strong critical thinking and problem-solving skills Ability to work under pressure, manage multiple tasks and competing priorities, meet deadlines, and adapt to change Strong interpersonal, verbal, and written communication skills Team player, ability to interact positively with management and colleagues Strong collaboration and influencing skills 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 an inclusive culture. 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.