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Senior Analyst, Model Risk Management
Senior Analyst, Model Risk Management
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.
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