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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:
We are seeking a Market Risk Execution Associate in the Treasury team to support the management of market risk across the company’s balance sheet, with a primary focus on mortgage-related assets and associated hedging activities. This role will help execute Treasury’s risk management strategy by monitoring exposures, supporting hedge implementation, analyzing hedge effectiveness, and assisting with daily risk reporting tied to retained mortgage positions.
The ideal candidate is analytically strong, detail-oriented, and interested in fixed income markets, mortgage products, and balance sheet risk management. This person will work closely with Treasury, Capital Markets, Finance, Accounting, and Risk teams to help manage interest rate, spread, convexity, and pipeline-related risks arising from on-balance sheet mortgages.
What you’ll do:
- Assist in the design, implementation, and rebalancing of hedging strategies using approved instruments, including derivatives and cash market hedges.
- Prepare daily and weekly risk reports covering hedge positions, sensitivities, exposure changes, P&L attribution, and hedge effectiveness.
- Track asset and liability duration, convexity, and key rate exposures across mortgage-related positions.
- Partner with senior Treasury team members to evaluate hedge needs driven by origination flows, retained production, portfolio runoff, prepayment behavior, and market moves.
- Help execute hedge transactions within approved policies, limits, and governance frameworks.
- Support scenario analysis and stress testing for mortgage portfolios under different rate, spread, and prepayment environments.
- Assist in developing and maintaining risk models, dashboards, and reporting tools used to manage mortgage balance sheet exposure.
- Work with Finance and Accounting to support hedge documentation, valuation review, and reporting requirements.
- Maintain awareness of mortgage market trends, rate volatility, Federal Reserve activity, and macro developments relevant to balance sheet hedging.
What you’ll need:
Responsibilities include helping measure the risk profile of retained mortgage assets, supporting hedging activity, and ensuring Treasury maintains appropriate protection against adverse market movements. The associate will play a key role in translating portfolio exposure into actionable hedging strategy under the direction of senior Treasury leadership.
- Bachelor’s degree in Finance, Economics, Mathematics, Accounting, Engineering, or a related quantitative field.
- 1–3 years of experience in Treasury, Capital Markets, market risk, fixed income, mortgage finance, ALM, or a related field; strong internships may be considered.
- Foundational understanding of interest rates, fixed income instruments, and mortgage products.
- Familiarity with concepts such as duration, convexity, DV01, key rate risk, spread risk, and hedge effectiveness.
- Strong analytical and quantitative skills with the ability to interpret market data and portfolio sensitivities.
- Advanced Excel skills; experience with SQL, Python, VBA, or risk/reporting tools is a plus.
- Strong attention to detail and ability to manage recurring processes with a high degree of accuracy.
- Effective communication skills and comfort working cross-functionally in a fast-paced environment.
- Strong organizational skills and ability to prioritize multiple deadlines.
Nice to have:
- Exposure to agency/non-agency mortgages, mortgage servicing rights, pipeline hedging, or mortgage-backed securities.
- Experience supporting hedging activity with swaps, Treasury futures, TBA securities, options, or other interest rate hedging instruments.
- Familiarity with asset-liability management, funds transfer pricing, or Treasury risk governance.
- Understanding of hedge accounting and valuation concepts is a plus.
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What the Team is Saying
What We Do
SoFi wasn’t built to be a bank. Or a technology company. We were built for one mission: help people achieve financial independence so they can realize their ambitions. Redefining an entire industry isn’t easy work—and it’s not for the faint of heart. It takes a certain kind of team. People with diverse perspectives and expertise, united by a common sense of purpose. People willing to challenge assumptions but always do the right thing. People proving that innovation and responsibility don’t have to compete, but can come together to create something truly unconventional in the world. For the last eight years, we’ve been charting this new path forward. We call it The SoFi Way. At SoFi, we don’t just talk about culture: we live it. The SoFi Way is how we show up every day, how we make decisions, and how we build for our members, clients, and each other.
Why Work 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 members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront.
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