A natural match if you have banking or fintech compliance testing experience and a track record of building testing scripts.
Derived from job-description analysis by Serendipath's career intelligence engine.
Original posting from SoFi
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 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
The Senior Operations and Supplier Tester resides within the 1st Line of Defense (1LOD) Operations and Supplier Testing team. This position plays a crucial role in supporting risk management of 1LOD Operations. This role requires hands-on support for performing 1LOD transactional and supplier oversight testing. Achieving success in this role requires a demonstrated ability to complete all assigned testwork within the established timelines, assist the Testing Manager with the build-out of new tests and expansion of existing test scripts, and proficiently articulate exceptions and findings related to testwork.
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:
Ensure Operations and key suppliers have a sustainable and effective end-to-end control environment by identifying gaps and weaknesses during testing
Document and perform complex and high risk process and control testing to provide reasonable assurance that internal and external processes are operationally effective
Obtain and analyze test data from multiple sources, following documented test plans, testing procedures, and leveraging job aids as needed
Manage assigned testing timelines to ensure all tasks and reporting are completed within established timeframes
Apply regulatory and compliance knowledge to evaluate scenarios, assess risk implications, and inform testing conclusions
Assist the Testing Manager in the build-out of new test scripts for previously un-tested areas, augment existing test scripts to broaden test scope while ensuring alignment with regulatory requirement, policies and business processes
Make principle based scoring and risk decisions grounded in policy intent, evidence and data
Assist the Testing Manager in partnering with stakeholders to offer feedback on testing results and ensure the completion of any necessary corrective actions
Communicate findings, risk implications to cross functional stakeholders
Determine when issues can be resolved independently versus escalated to management and proactively engage cross-functional stakeholders to clarify expectations, resolve issues, and communicate risk implications
Support the Testing Manager in monitoring changes to procedures, policies and regulatory requirements to assess their impact on the testing scope and the related test script
Collaborate with the Testing Manager to ensure test scripts are comprehensive for identifying and mitigating respective risks effectively
Prioritize competing responsibilities based on workload and demands
Conduct peer reviews of analyst work to ensure accuracy, consistency, and adherence to testing methodology
Provide real time feedback, reinforcing best practices and elevating testing quality
Serve as subject matter resource to testing analysts by providing guidance on scenario interpretation, sample methodology, and evaluation.
Support a culture of accountability, continuous learning, and improvement within the testing team
Train analysts on newly designed or revised tests
Serve as a subject matter expert on complex processes, regulatory frameworks, and testing approaches
Mentor analysts to build critical thinking, problem solving and communication skills under managers guidance
Undertake ad-hoc duties as needed to support the Operations and 1LOD Risk department
What you’ll need:
5+ years of relevant experience in audit, compliance testing, or other control/ transactional reviews
Experience in banking and/or fintech industry; knowledge of banking products, processes and regulations covering areas such as deposit products and consumer lending products
Demonstrate ability to apply testing methodology, regulatory knowledge and risk and control frameworks to evaluate complex scenarios and inform testing conclusions
Strategic thinker who can partner with testing manager to build, expand and improve existing testing scripts and processes
Strong organizational skills, able to balance multiple critical priorities simultaneously and successfully
Maintain strong time management, able to complete multiple concurrent tasks within close deadlines with a high degree of accuracy and detail
Strong analytical skills and ability to review and comprehend large sets of data; able to synthesize diverse processes and data and formulate appropriate conclusions
Fluent in Excel and PowerPoint, comfortable with analyzing large datasets in Google suite, MS Office apps, etc.
Results oriented, demonstrated achievement of exceeding expectations
Ability to work independently with minimum oversight and exercise sound, risk based judgment in ambiguous or complex scenarios
Inquisitive nature, attention to detail, diligence and a good attitude
Strong interpersonal, verbal, and written communication skills; capable of writing documentation, and interacting positively with management and colleagues effectively via telephone (Zoom)
Demonstrated outlook of positive and productive relationships and successful partnerships with stakeholders
Demonstrated ability to coach, mentor and review peers with a focus on accuracy and development
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 an inclusive culture. 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.
We are unable to accommodate remote work from Hawaii, Alaska or Puerto Rico 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.
Source: SoFi careers