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Senior Manager, Regulatory Relations

$0 - 0/ year
Posted Jan 18
Full Time
On Site
San Francisco, California
This job is expired. See open roles here.

Description

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 fintech company 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 Regulatory Relations team is responsible for the management and oversight of the firm’s supervisory activities and interactions with regulators. The Senior Manager will serve as a key point of contact between SoFi’s regulators and business units and provide strategic and tactical management of SoFi’s regulatory relationships by promoting clear and consistent internal and external communication, monitoring the larger regulatory landscape, identifying emerging issues, and supporting management in making strategic decisions that have regulatory significance.  

This position involves significant engagement with senior leadership at SoFi and plays an important role in ensuring that SoFi proactively responds to the changing regulatory landscape and delivers on commitments to our regulators in a timely manner.

 

What you’ll do: 

Primary Responsibilities include: 

  • Managing SoFi’s regulatory relationships, including coordinating the day to day interactions with SoFi’s regulators and overseeing all aspects of regulatory examinations
  • Coordinating and responding to regulatory requests for documentation and information, and providing effective review and challenge on the responsive documentation and related submissions
  • Conducting analyses of relevant regulations and providing advice to internal stakeholders regarding the potential regulatory risk
  • Preparing senior leadership and stakeholders for interviews and meetings with examiners, including drafting of briefing materials and presentations
  • Communicating with key stakeholders, including senior management, regarding exam status and potential findings
  • Communicating with regulators regarding document requests, areas of review and potential findings
  • Preparing related Board/Management reporting summarizing the Firm’s supervisory activity
  • Drafting the Firm's formal responses to regulatory findings and assisting in the coordination, monitoring and reporting of any remediation
  • Monitoring and reporting on supervisory developments impacting SoFi

 

In addition, this role may also support the Regulatory Affairs team in: 

  • Monitoring and reporting on legislative and regulatory developments impacting SoFi
  • Coordinating with internal stakeholders in the development of regulatory policy positions across lines of business 
  • Developing and communicating insights on Firm-specific regulatory engagement issues, in addition to broader regulatory industry-wide issues/themes

 

What you’ll need:

  • BA/BS Degree or equivalent combination of education and experience
  • 7+ years experience working in legal, compliance, audit or other governance functions; and/or direct experience dealing with external regulators and responding to regulatory requests 
  • Superior organization and project management skills, attention to detail, and excellent written and verbal communication skills
  • Deep understanding of bank regulations, policy and supervision and familiarity with current regulatory and risk management topics in banking and financial services
  • Demonstrated experience in building relationships, including interactions with business line staff, senior management and external stakeholders
  • Keen attention to detail and ability to quickly grasp key concepts, be flexible and quickly manage change in priorities
  • Ability to work in a fast-paced environment and consistently meet deadlines
  • Strong problem-solving and research capabilities
  • Collaborative and positive mindset; team-first mentality

 

Nice to have:

  • JD preferred 
  • Relevant experience working at a regulatory agency, and/or significant experience in the financial services industry, or management consulting firm, in a legal, regulatory or audit capacity
 
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!
Pay range: $124,800.00 - $214,500.00
Payment frequency: Annual
This role is also eligible for a bonus, long term incentives and competitive benefits. More information about our employee benefits can be found in the link above.
 
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. PDF File

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 accommodations@sofi.com.

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.