Senior Product Manager, Transactional Risk

SoFi

Quick summary

Work type
On-site
Location
Seattle, WASan Francisco, CA
Salary
$144,000–$247,500 / yr
Posted
85 days ago

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $191k
This role $196k
$132k most similar roles pay here $260k

This role pays more than 61% of similar roles. Most pay $160,400–$221,937 — the shaded band above. At the midpoint, this role pays about $196k versus about $191k for comparable roles.

Based on 238 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 31 open roles on FindRole.

Listed pay typically runs $153,600–$253,000 across 31 roles with salary data.

Most-posted roles

View all roles at SoFi

At a glance

TL;DR · Senior Product Manager, Transactional Risk

At SoFi, a high-agency Senior Product Manager is needed to lead the fraud product strategy for all money movement rails, ensuring robust detection logic that stops fraudulent transactions while allowing legitimate ones. This role involves defining and executing the transactional roadmap, hardening real-time systems with precise rules and ML models, driving smarter limits based on member risk profiles, designing pre-authorization gates, and optimizing system efficacy to minimize false positives. The ideal candidate will have deep expertise in fraud mitigation across various payment rails like ACH, Wires, Card, and Checks, along with a data-first mindset for decision-making and exceptional cross-functional collaboration skills. Knowledge of SQL and data visualization tools is essential, as is the ability to build scalable frameworks for authorizing money movement enterprise-wide.

What you'll do

  • Define and execute product strategy for transaction authorization and monitoring across all money movement rails.
  • Enable rules and ML models that decide in milliseconds if a transaction is safe, suspicious, or fraudulent.
  • Design smarter limits and velocity policies to adapt security based on member risk and behavior.
  • Own logic for assessing member eligibility before transactions and issuing step-up challenges as needed.
  • Optimize detection systems to maximize loss prevention while minimizing false positives.

What we're looking for

  • 4+ years of Product Management experience in fraud, risk, or FinTech.
  • Deep expertise in common fraud attack vectors and mitigation strategies.
  • Comprehensive understanding of various payment rails and their vulnerabilities.
  • Ability to make data-driven decisions using SQL and data visualization tools.
  • Systems thinking approach to authorize money movement across the enterprise.
  • Exceptional communication skills for complex product strategy and requirements.
  • Proactive ownership bias with initiative-taking and problem-solving capabilities.

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