About the position
SoFi’s Student Loan Compliance Senior Manager team plays a critical role in mitigating risk and protecting SoFi’s growth and success. As a Student Loan Senior Manager at SoFi, you will have a tremendous impact on this critical team. Someone that is successful in this role will be a ‘Go Getter’ by partnering in change, re-defining policies and improving practices. You’ll develop relationships of trust within the organization so that your role is a value add for the business unit. Your relevant skills and expertise will be an integral part of the discussion when addressing ways to further enhance the Compliance Management Systems and programs at SoFi. If you have previous compliance management experience and share our passion for consumer protection this could be the role for you.
Responsibilities
- Strategically advise the Student Loans leadership team on new initiatives and business changes.
- Oversee SoFi’s student loan servicing engagements for compliance with regulatory obligations.
- Collaborate with the product development team to provide compliance advice and guidance.
- Identify issues through complaint reviews and ongoing business engagement.
- Assess regulatory changes for impact to SoFi’s student loans business.
- Perform an annual risk assessment of applicable regulatory requirements.
- Identify and open issues that have regulatory impact through ongoing monitoring activities.
- Complete compliance risk assessments for student loans businesses.
- Manage state and federal student loan exam deliverables for Compliance.
- Analyze new and changing laws and regulations and develop implementation strategies.
- Foster a culture of compliance throughout the organization.
- Perform research on regulations and provide guidance to business operations.
- Assist with marketing asset reviews for student loan advertisements.
- Conduct meetings to discuss risk assessment results.
- Participate in Compliance Committees.
- Perform compliance reviews on specific loan-level accounts.
- Provide guidance on regulations, requirements, and Bank policies.
- Analyze the Bank's compliance risk.
Requirements
- Bachelor’s degree or equivalent practical experience.
- 10+ years of experience in student loan origination and servicing compliance, risk management or regulatory law.
- JD, CRCM, or other Compliance Certifications preferred.
- A deep understanding of federal and state consumer lending rules regulations.
- Exceptional communication skills.
- Superior organization, project management, and interpersonal skills.
- Self-starter mentality with the ability to work well under pressure.
- Strong commitment to ethics and exercises good judgment.
- Adaptable and flexible to changing priorities and situations.
- Excellent leadership and negotiation skills.
- Strong analytical and problem-solving skills.
Benefits
- Comprehensive and competitive benefits package.
