Credit Strategy - Risk Lead

SoFi

Quick summary

Work type
On-site
Location
San Francisco, CA
Salary
$115,200–$216,000 / yr
Posted
98 days ago

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $177k
This role $166k
$103k most similar roles pay here $228k

This role pays less than 55% of similar roles. Most pay $138,750–$215,350 — the shaded band above. At the midpoint, this role pays about $166k versus about $177k for comparable roles.

Based on 239 similar postings.

Employer

About SoFi

SoFi Technologies is a fintech company offering student and personal loans, mortgages, credit cards, investing, banking, and insurance products, positioning itself as a one-stop financial services platform. Industry: Financial Technology & Personal Finance

SoFi currently has 36 open roles on FindRole.

Listed pay typically runs $153,600–$258,500 across 36 roles with salary data.

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At a glance

TL;DR · Credit Strategy - Risk Lead

The Credit Strategy Lead role within SoFi’s Credit team involves designing data-driven credit risk strategies for various lending products including personal loans, student loan refinances, private student loans, and credit cards. This senior-level position requires collaborating with cross-functional teams to analyze data from multiple sources such as internal databases, bureaus, third parties, and alternative data sets to develop innovative underwriting and pre-screening models that balance risk management with revenue growth. The ideal candidate has 4+ years of experience in consumer lending, proficiency in Excel, SQL, and Python, and expertise in analytical techniques like decision trees, regression analysis, and A/B testing. They must also possess strong communication skills to present findings to senior leadership and drive strategic initiatives that align with SoFi’s risk appetite and business goals.

What you'll do

  • Develop and propose value-added credit risk strategies for SoFi’s lending products.
  • Analyze data from multiple sources to inform decision-making in real-time ecosystems.
  • Monitor performance of credit strategies and portfolios, documenting and communicating results.
  • Innovate new approaches to mitigate loss while responsibly growing revenue.
  • Identify gaps and opportunities in current strategies and drive necessary actions.

What we're looking for

  • 4+ years of experience in consumer lending business
  • Proven analytical skills using customer performance data and third-party variables
  • Proficient in Excel, SQL, and Python for data analysis
  • Ability to synthesize and communicate complex analyses to senior management
  • Experience in credit strategy lifecycle including development and monitoring
  • Knowledge of analytical techniques like decision trees, regression, and A/B testing
  • High motivation and ability to work collaboratively in a dynamic environment

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