Model Risk Governance Analyst

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The role:

The Model Risk Governance Analyst will play a key role in successfully implementing SoFi's model risk governance framework, actively supporting its continuous evolution, and contributing to successful delivery against top priorities. The ideal candidate will possess a deep understanding of model risk governance and regulatory requirements (SR 11-7, OCC 2011-12), with the ability to collaborate across functions to enhance model risk management practices.

What you'll do:

• Model Inventory Management: Manage a comprehensive inventory of models across the organization, including model identification/onboarding, review of model risk assessments, ensuring integrity of inventory data, and supporting the annual model inventory attestation process.

• Model Risk Reporting: Prepare senior management reporting highlighting key risks, issues, and performance against established model risk appetite.

• Stakeholder collaboration: Work closely with model risk validators and business owners to communicate model risk governance requirements, drive timely remediation of identified issues, and respond to ad hoc queries. 

• Finding and Issue Management: Identify, track, and report on model-related findings and issues, ensuring alignment with enterprise issue management standards.

• Innovation: Contribute to continuous process improvement and automation to help deliver best in class risk governance function. 

What you'll need:

• Bachelor's Degree or Master's Degree in Statistics, Computer Science, Mathematics, Finance, Computer Science, Engineering or other relevant areas.

• 3-5 years of progressive experience in model risk management, governance, or related roles in the financial services industry.

• Proven experience in senior management reporting and presentation creation.

• Experience using Tableau or other data visualization tools to create interactive, user-friendly dashboards.

• Experience with SQL/Python for data manipulation and process automation.

• Demonstrated ability to communicate effectively across all business lines and levels of the organization.

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!

Pay range: $76,800.00 - $144,000.00

Payment frequency: Annual

This role is also eligible for a bonus and competitive benefits. More information about our employee benefits can be found in the link above.

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.