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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 looking for a results-driven, detail-oriented advisor with prior experience with the Community Reinvestment Act (CRA) regulation. This is a great opportunity to take the lead in developing new processes and enhancing current processes while collaborating with internal partners to strive for “Outstanding” performance.
What you’ll do:
Build out the Community Development (“CD”) Finance program for the Bank, and ensure that annual measurable goals related to CD Finance (CD Lending & CD Investments) are fulfilled while ensuring a high level of data integrity
- Collaborate with line of business partners - inclusive of accounting, finance, risk and legal - to create and maintain a successful CD Finance program
- Create procedures, documentation standards and develop risk methodologies
- Lead the CRA Finance Sub-Committee
- Meet with potential investors to pre-screen potential opportunities while tracking an investments pipeline of deals that meet standard criteria
- Manage the funded CD investments portfolio
CRA Program Support
- Utilize CRA Expertise to support implementation of the CRA Final Rule with the likelihood of leading the implementation efforts of one or more complex processes
- Lead/coordinate volunteer events
- Partner with CRA Team to tell our CRA Story in a meaningful way for maximum impact
- Respond to Public File requests and CRA related complaints
- Create and/or present CRA materials for employees
- Review/audit CD Services, CD Contributions, Personal Loans and Small Business Loans
What you’ll need:
- 8+ years of Community Reinvestment Act experience, including program management and experience with CD Investments
- Proven track record of facilitating organization-wide data collection and review with multiple senior level stakeholders
- Comfort with working in a remote environment, the ambiguity of changing priorities and the flexibility to embrace new ideas within a fast paced environment
- High-level of initiative to push for excellence, results, and process improvement while maintaining a high level of data integrity
- Excellent oral, written and interpersonal communication skills
- Ability to analyze and interpret rules, regulations and policies
- Known for being detail-oriented with a demonstrated ability to self-motivate
- Teamwork makes the dreamwork mentality
- Must be willing to travel up to 15% of the time
Nice to have:
- Located within Salt Lake City, Utah region
- Experience working with the Office of Comptroller of Currency (OCC)
- Possess a growth mindset (to problem solve and innovate)
- Experience with leading volunteer events
- Product owner/product development experience
What the Team is Saying
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What We Do
For over a decade, SoFi has helped transform the Fintech industry by creating financial products and services that help people borrow, save, spend, invest, and protect their money better, so they can achieve financial independence and realize their ambitions. Whether it’s owning a home, saving for retirement, paying off their student loans, or helping our members invest - SoFi is there every step of the way. Want to learn more about how it works? Check it out here: https://www.sofi.com/how-it-works/
Our core values are at the center of how we help our millions of members get their money right. They are our guiding principles for how we think about serving our members, building our company, and most importantly, how we work together. At SoFi, it’s not just what we do - but how we do it.
SoFi is also proud to be the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams.
For more information, visit SoFi.com
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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Employees engage in a combination of remote and on-site work.
For the majority of our workforce who work on a hybrid schedule, the in-office requirement is a handful of days per month!
