SoFi · 1 day ago
Independent Risk Management Director, Big Business Banking
Frisco, TX
Full-time
Hybrid
Senior Level, Lead/Staff
$160K/yr - $275K/yr
10+ years expSoFi is a next-generation financial services company and national bank focused on transforming personal finance. They are seeking an Independent Risk Management Director to oversee risk types for product launches in Big Business Banking, ensuring effective risk governance and mitigation strategies. The role involves collaborating with various teams and regulatory bodies to maintain a robust risk management framework as the business scales.
CreditCredit CardsFinancial ServicesFinTechLendingWealth Management
Responsibilities
Monitor and address risks, issues, and resolve escalation items resulting from our commercial activities including onboarding, servicing, and payments
Oversee the commercial risk management framework and governance for the execution of risk-related initiatives
Provide credible challenge and advisory services on strategic initiatives and ongoing operations
Liaise with Regulatory Affairs for any interactions with regulators and/or internal audit - ensuring successful outcomes through careful planning and monitoring
Collaborate with business units, Enterprise Risk Management, and commercial teams to define the Enterprise Risk Appetite and tolerance. Monitor Key Risk Indicators (KRIs) against tolerance thresholds
Apply lessons learned across the industry to ensure appropriate mitigation to prevent concentration risk and liquidity instability, reducing exposure to rapid outflows or contagion events
Assess volatility characteristics of commercial deposits and ensure alignment with liquidity buffers, funding strategies, and asset-liability management practices; challenge business assumptions around intraday liquidity needs for high-speed payment rails
Challenge processes to evaluate client and partner control environments—particularly for onboarding, transaction monitoring, and payment origination—where upstream weaknesses can expose the bank to regulatory and reputational risk
Identify emerging risk themes and ensure timely root-cause analysis and remediation
Support post-launch reviews and continuous control enhancements as the business scales
Qualification
Required
Bachelor's degree with 10+ years experience in commercial banking including functional responsibility in risk management
Deep knowledge of commercial banking products, payment operations, KYC/AML expectations, treasury operations, and institutional client risk drivers
Demonstrated expertise in concentration risk, liquidity risk, and operational/financial crime risks in commercial or high-velocity payment environments
Ability to independently challenge business growth assumptions and identify latent risks associated with scale, client mix, or insufficient controls
Exceptional interpersonal, verbal and written communication skills
Strong leadership, collaboration, influencing and organizational skills with attention to detail
Must be self-motivated with the ability to work independently or within a group under minimal daily direction
Intellectually curious. You adapt to change, embrace bold ideas, ask questions, test assumptions, and challenge conventional thinking
Strong analytical and problem-solving skills, with the ability to analyze complex issues, develop innovative solutions, and make data-driven decisions
Experience leading and managing meetings with cross functional teams, effectively and efficiently communicating and driving engagement
Demonstrated ability to collaborate with multidisciplinary teams, take ownership of deliverables, and drive assigned tasks to completion, in a timely manner
Strong knowledge of risk management principles and practices including risk and control assessments
Experience with regulatory compliance and corporate governance standards
Ability to work under tight deadlines
Ability to manage multiple initiatives and competing priorities, meet deadlines, and adapt to change
Proficiency with Google Suite and/or Microsoft Office products
Strong team player
Experience with Governance, Risk and Compliance (GRC) systems
Preferred
Proficiency in data analysis preferred and deriving meaningful insights for decision-making
Benefits
Comprehensive and competitive benefits
Company
SoFi
SoFi is a finance company that offers a range of lending and wealth management services.
1001-5000 employees
H1B Sponsorship
SoFi has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (213)
2024 (117)
2023 (131)
2022 (118)
2021 (81)
2020 (42)
Funding
Current Stage
Public CompanyTotal Funding
$12.25BKey Investors
Fortress Investment GroupPGIMQatar Investment Authority
2025-12-04Post Ipo Equity· $1.5B
2025-07-29Post Ipo Equity· $1.5B
2025-04-17Post Ipo Debt· $3.2B
Leadership Team
Anthony Noto
CEO
Jeremy Rishel
Chief Technology Officer
Recent News
Business Wire
2026-01-07
2026-01-06
dcm.com
2025-12-31
Company data provided by crunchbase