Principal, Business Operations - Compliance (2LOD)

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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 financial services company and national bank 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.

The role

Business Operations enables our business to scale faster and operate more efficiently. The Compliance Business Operations Principal will oversee and enhance our compliance framework, ensuring that all operations align with regulatory requirements and internal policies. This role will involve strategic leadership, risk management, and cross-departmental collaboration to foster a culture of compliance throughout the organization. This role will partner directly with the Chief Compliance Officer (CCO) and Compliance Leadership team to identify criteria for success and establish the execution roadmap in delivering the next phase of SoFi’s Compliance buildout. This is your opportunity to showcase a breadth of strengths: strategy, analysis, financial modeling, problem-solving, performance management, program leadership, cross-functional project management, and more.

What you’ll do:

• Own end-to-end execution of all Compliance related regulatory commitments, issues and audit findings
• Stay updated on relevant regulations and industry standards, ensuring compliance across all operations. Monitor changes in legislation and assess the impact on the organization.
• Actively define Compliance’s long-term and short-term strategy, priorities and goals.
• Drive accountability throughout an organization by setting up operating cadence/rhythm that bridges strategy, execution, and performance management (e.g. OKRs, business reviews). Own defining and measuring initiatives essential to Compliance.
• Assume complete ownership of projects and initiatives, thoughtfully managing business case, scope, dependencies, resources, and milestones
• Provide support for the Chief Compliance Officer and Compliance Leadership team on key business management deliverables including but not limited to budgeting and people strategy.
• Engage with enterprise Business Operations counterparts in other business units and functions on production and delivery of company-wide standardized processes such as quarterly planning and board deck preparation
• Ambassador for the CCO in various forums
• Build the future of SoFi and work closely with Corporate Development on diligence of potential assets of interest to accelerate our strategic mission.
  
  
  

What you’ll need:

• 12+ years of experience in compliance, risk management, or regulatory affairs.
• Intimate knowledge of banking laws and regulations
• Experience leading cross-functional teams that combines strategic thinking with tactical execution
• Passion to learn, responsibly grow our business, and support our mission of helping members get their money right
• Ability to break down challenges/opportunities, build a strategy, write an action plan, identify resources, and project-manage to completion
• Tell a compelling story – use data to drive strategy, execution, and optimization
• High EQ to build relationships across all levels, departments, and personality types to lead without direct reporting lines
• Track record of performance in a high growth, dynamic environment
• Bias toward action, strong analytical skills, and solid business judgment
• Eagerness to roll up your sleeves to get things done (even the unglamorous things)
• Expert communication and presentation skills and the confidence to articulate, present and debate your recommendations with anyone
• Ability to balance and prioritize multiple work streams for different stakeholders
  
  
  

Nice to have:

• Experience in management consulting, investment banking and/or business operations
• Experience in Fintech
• MBA
  
  
  

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.

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 [email protected].

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.