Senior Analyst, Model Risk Management

Senior Analyst, Model Risk Management

This job is no longer open

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 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.

Social Finance Inc. seeks Senior Analyst, Model Risk Management in San Francisco, CA:


Job Duties: Perform critical reviews of (or “validating”) quantitative models planned for use at SoFi. Read
model documentation and engage in dialogue with model developers to understand how the model was
built and how it functions. Assess the suitability of data used to build the model, the conceptual
soundness of the modeling approach, and the appropriateness of the testing protocols and diagnostic
metrics used on the model. Review results of diagnostic testing and analysis performed by the model
owner and will conduct confirmatory or additional work as needed to have confidence in the model.
Summarize their work and findings in a detailed written report, which will include formal
recommendations and any required remediation work. Assure all quantitative models used at SoFi are
conceptually sound and are appropriately used and monitored. Conduct reviews of periodic model
performance monitoring reports, approve model changes, classify models into risk tiers, and drive
adoption of modeling best practices. Telecommuting is an option.


Minimum Requirements: Master’s degree, or foreign equivalent, in Mathematics, Statistics, Quantitative
Finance, or closely related quantitative discipline, and two (2) years of experience in job offered or
related field, OR Bachelor’s degree, or foreign equivalent, in Mathematics, Statistics, Quantitative
Finance, or closely related quantitative discipline and five (5) years of progressively responsible
experience in job offered or related field.


Special Skill Requirements: (1) Quantitative Finance; (2) Regression, Logistic, and Machine Learning
Methodologies; (3) Python; (4) SAS; (5) Data Analysis; (6) Tableau; (7) Data Mining; (8) Predictive
Analytics; (9) R; (10) SQL; (11) Risk/Compliance Modeling. Any suitable combination of education,
training and/or experience is acceptable. Telecommuting is an option.


Salary: $200,000.00 - $230,000.00 per annum


Submit resume with references to: Req.# 22-130668 at: ATTN: HR, jobadverts@sofi.org.

 

 

#LI-DNI

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.
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.
This job is no longer open
Logos/outerjoin logo full

Outer Join is the premier job board for remote jobs in data science, analytics, and engineering.