Business Controls RCSA Senior Analyst

The role

SoFi's 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 risk and control self-assessment (RCSA), Control Testing, Issue Management and Member Remediation, Supplier Risk Management, and Risk Reporting. The 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 and document risks and controls and provide guidance in the development and mapping 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 and collaborate with the business units (specifically, for Personal Loans, Student Loan Refi and In School Lending) in the identification, documentation, and assessment of relevant risks and controls
• Conduct walkthroughs of business processes to document process flows and ensure effective controls are in place to mitigate risks
• Partner with the business units to manage issues and ensure timely and satisfactory completion of corrective action plans to address the root case and related control gaps
• Assist the business in conducting 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 and Committees
• 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
• Calibrate and drive alignment with 2LOD on quality, consistency, and level of depth with RCSAs, Issues Management, and Supplier Risk Management as part of the enterprise risk management framework

What you’ll need:

• Bachelor’s degree
• 5+ years of relevant experience developing/managing risks and controls (RCSA)
• Experience in the banking and/or fintech industry
• Understanding and experience working with the three lines of defense framework
• Knowledge of banking products, processes, and regulations
• Experience mapping complex processes and identifying control points
• Self-motivated
• 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; capable of writing documentation (e.g., policies, standards, procedures)
• Team player, ability to interact positively with management and colleagues 
• Strong collaboration and influencing skills
• Ability to provide consultation to the business in consideration of the business strategy and risk management objectives

Nice to have:

• Experience with GRC systems
• Familiarity with Google Workspace (Docs, Sheets and Slides)