Regulatory Reporting Governance, Manager

The role:

The SoFi Regulatory Reporting Governance Manager is a collaborative, well-organized, action-oriented individual with exceptional leadership and time management skills, confident in presenting, facilitating, and building a network of strong relationships across our organization. This is an individual contributor role, responsible for conducting quality assurance reviews to ensure we have reporting accuracy over the various regulatory reports submitted to FINRA, the Federal Reserve Bank (FRB) and Office of Comptroller of Currencies (OCC). This individual will also support financial audits and exams across the Bank Holding Company, Broker-Dealer, and the Bank, working in close coordination with Accounting, Regulatory Reporting, Finance Data Governance, Compliance, Service Management, Technologies, and various other teams.

What you’ll do: 

Responsibilities include, but are not limited to:

• Developing and executing a Quality Assurance framework with reviews including but not limited to:
• Process reviews to identify control gaps and improvement opportunities for regulatory reporting functions.
• Compliance reviews to ensure adherence with regulatory reporting guidelines and requirements
• Substantive transaction testing
• Issue management and monitoring of action plans (to closure)
• Communication of findings through formal reports and presentations
• Performing risk assessments to determine areas requiring additional review/testing 
• Support regulatory reporting to ensure compliance with the reporting guidelines issued by the FRB, OCC, and FINRA.
• Project management to ensure timelines of reviews and remediations are met
• Ensure compliance with Quality Assurance governed frameworks e.g., Regulatory Reporting Governance policy, Self-Identified Re-filing Assessment Framework, Regulatory Report Risk Assessment and Cross Report Reconciliation Framework as assigned and prepare key metrics
• Facilitate and support the Bank and Broker-Dealer Audits
• Work closely and coordinate with various regulatory reporting, technology, data governance, service management, teams to ensure the quality assurance over the regulatory reporting processes
• Independently handle projects and drive solutions across multiple stake holders, projects, initiatives, reviews, and audits/exams 
• Managing and responding to requests from regulators on an as-needed basis

What you’ll need:

Education: Bachelor's Degree in Finance or Accounting.

• 8+ years of work experience in Banking/Financial Services.
• Brokerage License 
• Knowledge of financial and regulatory reporting
• Knowledge of regulatory audit and process review
• Strong leadership presence with roll-up the sleeves and get work done mentality
• Excellent relationship management and conflict resolution skills with a proven track record of positively collaborating, influencing, and extensively coordinating with internal and external partners
• Excellent written and verbal communications with ability to communicate complex concepts in simple terms
• Ability to be flexible, prioritize multiple demands, and effectively manage in a matrix organization.
• Ability to think strategically.
• A self-starter with a passion to consistently deliver high quality service and exceed stakeholders’ expectations.

Nice to have:

• Master’s degree in Finance/Accounting
• CPA License
• Series 27 License
• Series 99 License