Credit Risk Analyst

2 weeks ago


Charlotte, North Carolina, United States SoFi Full time
Employee Applicant Privacy Notice

Who we are:

At SoFi, we are dedicated to reshaping the financial landscape for our members. Our innovative, mobile-first technology empowers millions to achieve their financial aspirations. As a next-generation financial services provider and national bank, we are at the forefront of an industry undergoing significant transformation. We take pride in our work, knowing that our efforts directly impact lives, guided by our core values. Join us to invest in your future, your career, and the financial sector.

The Role

SoFi is seeking skilled Credit Risk Analysts to assess and appraise applications for Mortgage Loans. In this role, you will leverage your expertise and independent judgment to evaluate the eligibility of risks against program guidelines. Maintaining a positive work environment through effective communication with customers, colleagues, and management is essential.

What you'll do:
  • Review and analyze documentation such as application forms, inspection reports, financial statements, and other relevant data to assess risk levels.
  • Conduct timely evaluations of submitted stipulations and conditions.
  • Analyze loan packages to provide sound credit decisions.
  • Uphold quality control standards while meeting production benchmarks as defined by the company.
  • Request additional documentation necessary for application processing.
  • Interpret guidelines from GSE and investor standards.
What you'll need:
  • Strong skills in credit assessment, risk analysis, and analytical thinking.
  • Comprehensive understanding of credit policies, underwriting processes, financial statement analysis, and property evaluations.
  • Ability to scrutinize loan documentation for accuracy and completeness.
  • Familiarity with fraud detection methodologies.
  • Exceptional customer service capabilities.
  • Active CHUMS # is advantageous.
  • Active SAR and VA credit authority are beneficial.
  • Knowledge of DU and LP systems.
  • Capacity to collaborate with loan originators and production teams to gather all necessary documentation.
  • Possess strong credit, risk analysis, and analytical skills.
  • A college degree is preferred.
  • A minimum of 2 years of experience in underwriting Conventional loans is required.
Compensation and Benefits

The base pay range for this position is outlined below. The final base pay offer will be determined based on individual factors such as experience, skills, and location.

Pay range: $57.60

Payment frequency: Hourly

This role is also eligible for a bonus and competitive benefits. For more information about our comprehensive employee benefits, please visit our Benefits page.

SoFi is an equal opportunity employer, providing employment opportunities to all employees and applicants without regard to race, color, religion, sex, gender identity, national origin, age, disability, marital status, sexual orientation, or any other basis prohibited by applicable law. We are committed to diversity and offer reasonable accommodations to candidates with disabilities.
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