Independent Risk Management Director, Big Business Banking

Deep knowledge of commercial banking products and operations, payment channels and operations, KYC/AML expectations, treasury operations, and institutional client risk drivers.

Demonstrated expertise in concentration risk, liquidity risk, , operational, and financial crime risks in commercial or high-velocity payment environments.

Ability to independently challenge business growth assumptions and identify latent risks associated with scale, client mix, or insufficient controls.

Proficiency in data analysis preferred and deriving meaningful insights for decision-making

Experience with regulatory compliance and corporate governance standards

Experience with Governance, Risk and Compliance (GRC) systems

SoFi is seeking an energetic, detail-oriented, self-motivated, and intellectually curious Independent Risk Management Director to support the development and launch of SoFi’s Big Business Banking (Commercial) products.  Your success in this role will rely on deep subject matter expertise in commercial banking risks, especially as it relates to payments and high velocity money movement ecosystems.  Looking for a leader with comprehensive understanding of the mitigating controls needed across risk types - including operational, counterparty, liquidity, fraud, financial crime, technology, third-party, and regulatory risk.

Compliance (including AML/BSA program ownership) remains within dedicated compliance functions.  You will apply lessons learned from peers across the industry - both benchmarking against industry leaders as well as learning from underperforming commercial payment platforms, ensuring strong risk governance, diversified exposures, and rigorous controls.

As part of the Second Line of Defense (2LOD), this individual will provide oversight across risk types for all product and feature launches as well as partner with 1LOD risk owners on ensuring we are appropriately identifying, monitoring, and mitigating risks as part of our framework programs as we scale and grow this business.  The ideal candidate brings experience overseeing commercial portfolios from a risk governance perspective and is comfortable challenging business assumptions, escalation decisions, and risk-taking activities to ensure alignment with approved risk appetite.

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.

Become a trusted advisor for business unit leadership, assessing and challenging the risks and detailed control environment to successfully bring strategic Big Business Banking products to market through a second line lens, ensuring appropriate risk identification, control maturity, and governance prior to deployment.