SoFi · 7 hours ago
Senior Manager, Secured Portfolio Management
Greenville, DE
Full-time
Onsite
Senior Level, Lead/Staff
$141K/yr - $242K/yr
8+ years expSoFi is a next-generation financial services company and national bank focused on transforming personal finance. The Senior Manager of Secured Portfolio Management will lead the default management framework for secured assets, oversee loss mitigation strategies, and ensure compliance with federal regulations.
CreditCredit CardsFinancial ServicesFinTechLendingWealth Management
Responsibilities
Expert Portfolio Oversight: Serve as the definitive subject matter expert for all aspects of portfolio health and monitoring. You will provide executive leadership with deep-dive analysis on delinquency trends, roll rates, and collateral volatility
Early Warning Design: Design and deploy sophisticated early warning systems to identify early-stage credit deterioration and "at-risk" segments across the residential and commercial portfolios
Proactive Intervention: Use data-driven insights to trigger proactive loss mitigation outreach, shifting the organization from reactive collections to predictive default prevention
Strategy Ownership: Design and execute the end-to-end loss mitigation strategies for Foreclosure and Workout resolution (including modifications and short sales)
Default Servicing Management: Act as the primary lead for sub-servicer performance, with a focus on specialty servicing for distressed assets. You will set performance Service Level Agreements and conduct rigorous oversight of outsourced default operations
Real Estate Owned (REO) Management: Oversee the strategy for property preservation and liquidation, ensuring efficient disposition of assets that have moved through the foreclosure process
Net Present Value Decisioning: Build and maintain sophisticated models to calculate the financial outcome of a workout versus a foreclosure or short sale, factoring in legal costs, carrying costs, and market volatility
Collateral Analytics: Integrate geographic House Price Index trends and real-time valuation updates into the recovery strategy for both residential and commercial assets
Departmental Leadership: Recruit, lead, and develop a high-performing team of Default Analysts. You will define the operational methods and manage the budget and staffing for this function
Strategic Risk Partnerships: Establish "locked-step" partnerships with Credit Risk, Model Risk, Legal, and Compliance. You will ensure that default strategies and early warning triggers are vetted by risk partners and that feedback loops are established to refine front-end credit appetite
Federal & Agency Compliance: Ensure all default activities meet Regulation X (Real Estate Settlement Procedures Act), Regulation Z (Truth in Lending Act), and the Fair Debt Collection Practices Act, as well as specific guidelines from Fannie Mae, Freddie Mac, and the Federal Housing Administration
Interagency Alignment: Maintain strict adherence to Office of the Comptroller of the Currency guidelines regarding secured lending governance and collateral resolution
Qualification
Required
Bachelor's Degree in Finance, Economics, Mathematics, or a related quantitative field
8–12 years in Residential and Commercial Default Management, Specialty Servicing, or Secured Loss Mitigation
Previous experience in a leadership role managing departmental costs, methods, and staffing
Expert-level SQL and experience with Snowflake or Tableau is mandatory
Proven ability to build Early Warning Systems, Net Present Value waterfalls, and Loss Severity models
Expert-level understanding of Federal regulations, Agency guidelines, and Interagency standards for secured assets
Preferred
Master's Degree (MBA or Master of Science in Finance/Analytics)
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