Business RCSA Senior Analyst
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 fintech company 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.
SoFi's Operations and Risk Business Controls team resides within the 1LOD and its main responsibility is to facilitate and drive consistent implementation/execution of core 2LOD Risk Management programs such as RCSA, Control Testing, Issue Management and Member Remediation, Supplier Risk Management, and Risk Reporting. Business Controls is an advisor to the business units, an accelerator of satisfactory risk management, and an execution function for 1LOD independent control testing. The RCSA Senior Analyst role will partner closely with the risk owners and the 1LOD to identify risks and controls and provide guidance in the development, mapping, and testing of effective controls to mitigate risks.
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:
Partner with the Fraud Prevention and Fraud Operations teams in the identification, documentation, and assessment of key risks
Provide guidance in the development, documentation, and mapping of controls to mitigate risks
Determine adequacy of controls identified by business units to mitigate relevant risks
Develop process maps for business processes and products
Work with business units to ensure timely review and updates to the risk assessment and control documentation and conducting and documenting walkthroughs of various business processes
Document all risks and levels, build and execute control testing in accordance with program requirements
Support business units to provide awareness of enterprise risk frameworks, policies, programs, processes, etc.
Demonstrate strong relationship-building skills in order to support consistent high-quality execution of the RCSA program within the Business Control Team and across all lines of defense
Calibrate and drive alignment with 2LOD on quality, consistency, and level of depth with RCSAs as part of the Risk Management Policy
Drive culture of risk awareness
What you’ll need:
4+ years of relevant experience developing/managing risks and controls (RCSA)
Experience in banking and/or fintech industry
Experience mapping complex processes and identifying risks and control points
Preferred experience working in Fraud Prevention and / or Fraud Operations
Knowledge of banking products, processes and regulations
Experience with GRC systems
Comfort in managing and prioritize simultaneous workflows and activities
Excellent critical, creative and data thinking, decision-making and innovative problem-solving skills
Strong collaboration and influencing skills
Strong interpersonal, verbal, and written communication skills; capable of writing documentation, and interacting positively with management and colleagues
Ability to provide consultation to first line business leaders in consideration of the business strategy and risk management objectives
Community Bank experience, preferred