Credit Strategy Senior Analyst

1 month ago

New York, New York, United States SoFi Full time

Employee Applicant Privacy Notice
Who we are:
Shape a brighter financial future with us.
Together with our members, we're changing the way people think about and interact with personal finance.
We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we're at the forefront. We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
The Role:
SoFi's Credit team manages credit risk activities for our lending products (Student Loan Refinance, Private Student Loan, Personal Loan, Credit Card, and Mortgage) - including credit strategies/policies for new account origination and portfolio management, collections/recovery strategies and operations, and risk and operational data science and analytics. The team designs data-driven strategies to ensure the growth in lending is consistent with the company's risk appetite and helps create the products and experiences that put our members' interests first.
The Credit Strategy Senior Analyst / Senior Data Scientist will work in the Credit team and have responsibilities to analyze and evaluate data to develop and propose value-added credit risk strategies and models for SoFi's lending products, including Personal Loan, Student Loan Refinance, Private Student Loan, and Credit Card. The initial focus of the role will be on Personal Loan but the candidate may get opportunities to work on other lending products in the future.
The candidate will be responsible for independently developing and implementing Personal Loan underwriting strategies that meet our risk appetite, monitoring and analyzing the risk trends within the portfolio to provide insights and recommendations for strategy enhancement opportunities. She/he will be part of the Credit team with 1LOD responsibilities.
The Credit Strategy Manager will collaborate with cross-functional teams such as Business Units, Operations, Marketing, Finance, Capital Markets, Product, Engineering, Legal and Compliance. Use business knowledge and quantitative and analytical skills to drive revenue, control risk, and provide value to the company and consumers.
The ideal candidate will possess a data-driven analytics background and the strategic acumen to direct a function that draws strategic insights from data using database and statistical analysis tools to inform decisions and support SoFi's overarching strategic goals relative to loss prevention and profit optimization. They bring new ways of thinking, data sources, technologies, and capabilities to SoFi.
What you'll do:

  • Innovate... Bring your brightest ideas to building risk strategies. This means you will architect credit underwriting, pre-screen targeting, and risk tier assignment.
  • Data Driven... Your deep analysis will power the future of lending with an optimal real-time data ecosystem - including multi-product internal, bureau, third-party, and alternative data sources and uses.
  • Iterate, learn, innovate... We are all responsible for innovation and must embrace data-driven decisions.
  • Collaborate... Work collaboratively with business partners such as Business Units, Operations, Marketing, Finance, Legal and Compliance to deliver successful business results. Partner closely with implementation teams to accurately deploy new strategies.
  • Control the Risk and Drive Performance Outcomes ... Understand credit risk and develop approaches to mitigate loss and responsibly grow revenue. Monitor the performance of strategies and portfolios. Document and communicate results and escalate issues as necessary. Identify gaps/opportunities and drive actions.
  • Grow, Grow, Grow... Be inspired by dynamic leaders and our rapidly growing business. We want YOU to be an inspired leader of tomorrow, so we are recruiting the best, brightest, and passionately quantitative team members.

What you'll need:

  • 3+ years of related experience
  • Business acumen and work experience in the consumer lending business (loans or credit cards)
  • Direct experience in the credit strategy analytical life cycle, including strategy and decision tree development, P&L, presentation, implementation validation, and post-implementation monitoring
  • Proven analytical skills in conducting sophisticated analysis using customer performance data, bureau attributes, and other 3rd party variables to solve business problems
  • Proficient skills in Excel, SQL and Python
  • A demonstrated ability to synthesize and communicate analysis to business partners and senior management
  • High motivation to drive results, eager to learn, and able to work collaboratively in a fluid environment
  • Knowledge/skills in analytical and modeling techniques such as decision trees, regression, logistic regression, test design
  • Preferred: 3+ years of personal loan credit risk experience
  • Preferred: Experience in developing credit strategies using innovative data sources such as cash flow or alternative data
  • Preferred: Advanced degree (Master's or PhD) with a quantitative major such as Statistics, Mathematics, Engineering, or Computer Science

Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location.
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job, without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.

  • Senior Credit Analyst

    4 days ago

    New York, New York, United States Mizuho Bank Ltd Full time

    About the RoleMizuho Bank Ltd is seeking a highly skilled Senior Credit Analyst to join our Corporate Credit team. As a key member of our team, you will be responsible for analyzing credit applications, assessing creditworthiness, and providing recommendations to senior management.Key ResponsibilitiesConduct thorough credit analysis of corporate clients,...

  • Analyst, Credit Investment Strategies

    2 weeks ago

    New York, New York, United States The Ladders Full time

    ABOUT US We are a leading pension investment manager in Canada, overseeing CAD$243 billion in net assets under management. Our mission is to invest funds for the pension plans of various federal services, including the Canadian Armed Forces and the Royal Canadian Mounted Police. With our headquarters in Ottawa and additional offices in major financial hubs,...

  • Senior Analyst in Credit Investment Strategies

    2 weeks ago

    New York, New York, United States The Ladders Full time

    ABOUT US We are one of Canada's foremost pension investment managers, overseeing CAD$243 billion in net assets under management. Our mission is to invest funds for the pension plans of various federal services, including the Canadian Armed Forces and the Royal Canadian Mounted Police. With our headquarters in Ottawa and additional offices in major financial...

  • Senior Credit Risk Analyst

    7 days ago

    New York, New York, United States Visa Full time

    Job OverviewCompany Overview:Visa stands as a global frontrunner in payment solutions and technology, facilitating over 259 billion transactions annually across more than 200 nations. Our mission is to connect the world through innovative, secure, and reliable payment networks, empowering individuals, businesses, and economies to prosper.Position Summary:The...

  • Lead Credit Risk Strategy Analyst

    2 weeks ago

    New York, New York, United States CLEO Full time

    Senior Credit Strategy AnalystCLEO is seeking an experienced credit risk strategist to enhance our credit underwriting methodologies and frameworks. As an integral part of our organization, you will spearhead the expansion of our credit offerings by utilizing data analytics and innovative experimentation. Collaborating with multiple departments, your...

  • Senior Credit Analyst

    2 weeks ago

    New York, New York, United States Polus Capital Management Full time

    Senior Credit Analyst at Polus Capital ManagementPolus Capital Management operates as a global alternative credit investment firm, specializing in performing loans, unique situations, and structured credit. The firm was established through the merger of Cairn Capital and Bybrook Capital.Position OverviewThe Senior Credit Analyst role at Polus Capital...

  • Senior Credit Research Analyst

    2 weeks ago

    New York, New York, United States T Rowe Price Group, Inc Full time

    Requisition Number: 69103 Position Title:External Description: Senior Credit Research Analyst Primary Purpose of the Position The Senior Credit Research Analyst plays a pivotal role in evaluating specific sectors within the investment landscape. This position entails performing in-depth fundamental analysis and collaborating with Portfolio Managers to...

  • Senior Credit Analyst

    4 days ago

    New York, New York, United States Moody's Full time

    **About Moody's**We are a leading provider of credit ratings, research, and risk analysis for the global financial markets. Our team of experts works together to provide innovative solutions to help our clients make informed decisions.**Job Summary**We are seeking a highly skilled and experienced Senior Credit Analyst to join our Commercial Mortgage Backed...

  • Senior Credit Banking Analyst

    7 days ago

    New York, New York, United States C&L Group Full time

    Credit Risk Management ExpertiseThe C&L Group is seeking a seasoned Credit Risk Management Analyst to contribute to our team's efforts in New York City (Hybrid). As a key member of our dynamic team, you will be responsible for developing and implementing strategies to manage credit risk within the Bank.Key Responsibilities:Conduct independent reviews of...

  • Senior Credit Risk Analyst

    2 weeks ago

    New York, New York, United States Natixis Corporate & Investment Banking Full time

    Position OverviewThe primary role of the Senior Credit Risk Analyst is to evaluate and analyze various proposals from the Global Structured Credit and Solutions (GSCS) division, focusing on credit risk implications. These proposals may encompass CLO warehouse/lending facilities, capital call facilities, and ABS warehouse/lending facilities, among others....

  • Senior Credit Analyst

    1 week ago

    New York, New York, United States TD Bank, N.A. Full time

    Job Summary:The Senior Credit Analyst/Portfolio Risk Manager/Affordable Housing Specialist is responsible for conducting thorough credit analysis to ensure quality and compliance within an assigned portfolio. This role involves supporting business development while applying credit risk policy and adhering to risk appetite guidelines.Key...

  • Senior Credit Analyst

    2 weeks ago

    New York, New York, United States TD Bank Group Full time

    Work Location: United States of America Hours: 40 Compensation Details: $45.00 USD per hour TD is dedicated to ensuring fair and equitable compensation for all employees. The salary range for this position considers various factors, including the candidate's skills, experience, job-related knowledge, and geographic location. It is uncommon for new hires to...

  • Senior Credit Analyst

    2 weeks ago

    New York, New York, United States City National Bank Full time

    SENIOR CREDIT ANALYST - COMMERCIAL BANKINGWHAT IS THE OPPORTUNITY?Engages in the loan management process by delivering credit and loan underwriting expertise to a Commercial Banking team. Assesses potential loan transactions and evaluates the creditworthiness of borrowers.Validates the credit analysis conducted by Credit Analysts and offers insights and...

  • Senior Credit Risk Analyst

    2 weeks ago

    New York, New York, United States Figure Full time

    About Figure Figure is at the forefront of transforming financial services through its innovative and rapidly evolving technology platform. By leveraging its loan origination capabilities and extensive partner network, Figure aims to deliver and scale new products that enhance efficiency and transparency within the industry. The integration of advanced...

  • Senior Analyst

    2 weeks ago

    New York, New York, United States KBRA Full time

    Position Title: Senior Analyst - Sovereign RatingsEntity: Kroll Bond Rating Agency, LLCEmployment Type: Full-TimeLocation: New York, New York, United StatesOverview:Kroll Bond Rating Agency, Inc. (KBRA) is in search of a Senior Analyst to enhance our Sovereign Ratings division. This role involves conducting comprehensive credit research and analysis while...

  • Senior Credit Research Analyst

    12 hours ago

    New York, New York, United States JW Michaels & Co. Full time

    About the RoleWe are seeking a highly skilled Senior Credit Research Analyst to join our team at JW Michaels & Co. in New York City. As a key member of our investment research team, you will be responsible for conducting in-depth credit research and analysis to identify investment opportunities across the liquid credit universe.Key ResponsibilitiesConduct...

  • Senior Credit Underwriting Analyst

    2 weeks ago

    New York, New York, United States Citigroup Inc Full time

    Position Overview:The Senior Analyst in Citi's Institutional Credit Management (ICM) Credit Underwriting team specializes in Asset Backed Securities (ABS). This role involves collaboration with experienced Underwriters and the ABS business unit to manage a substantial portfolio of asset securitization transactions, primarily funded through the asset-backed...

  • Financial Credit Analyst

    2 weeks ago

    New York, New York, United States Sunstone Credit Full time

    Job OverviewCompany BackgroundSunstone Credit is a pioneering financial technology firm dedicated to facilitating solar energy adoption for businesses. The solar sector in the United States is rapidly evolving, with a significant increase in new electricity-generating capacity attributed to solar energy. While large corporations and homeowners are...

  • Senior Credit Analyst

    2 weeks ago

    New York, New York, United States Michael Page Full time

    Company OverviewMichael Page is a leading recruitment consultancy with a strong presence in the financial services sector. We are currently representing a prestigious international banking institution known for its innovative approach and commitment to excellence.Position OverviewWe are seeking a skilled Credit Manager to join our dynamic team. This role is...

  • Senior Commercial Real Estate Credit Analyst

    2 weeks ago

    New York, New York, United States Insight Global Full time

    Insight Global is seeking a Senior Commercial Real Estate Credit Analyst to become an integral part of the commercial real estate division at a prominent international banking institution. This is a full-time, permanent role that offers a hybrid work model, requiring on-site presence three days a week. The selected candidate will collaborate closely with the...