Business Controls Manager

4 weeks ago


Frisco, Texas, United States SoFi Full time
Business Controls Manager

SoFi's Business Controls team is responsible for facilitating and driving consistent implementation of core 2nd Line of Defense (2LOD) Risk Management programs. The Business Controls Manager will play a crucial role in supporting 1LOD Operations and Risk Management organization by collaborating with risk owners to identify and develop effective controls, assisting issue owners in enhancing controls, and contributing to control testing engagement for control owners.

Key Responsibilities:

  • Partner with stakeholders to conduct walkthroughs and create process maps for critical processes, facilitating in risk and control identification and ensuring the environment is operating safely and in control
  • Collaborate with risk owners to identify and develop robust controls, providing guidance throughout the process
  • Update and validate accuracy of risk-related data stored in RCSA inventory
  • Assist issue owners in the design or enhancement of controls to address root causes in identified issues
  • Support Supplier Relationship Owners (SROs) to ensure compliance with SRM program requirements
  • C coordinate with stakeholders on new initiatives to integrate relevant controls as part of implementation process
  • Maintain strong engagement with 2LOD to ensure Operations and 1LOD Risk adheres to standards, policies, and procedures
  • Provide support to the stakeholders during oversight activities performed by 2LOD
  • Collaborate with the 1LOD Business Controls testing team to ensure testing scope comprehensive for identifying and mitigating risks effectively

Requirements:

  • Bachelor's degree
  • Experience in banking and/or fintech industry
  • 5+ years of relevant experience in the identification, analysis, and documentation of risks and controls
  • Working experience understanding, documenting, and mapping complex processes
  • Working experience in identifying, advising, and challenging unmitigated risks and respective control points
  • Able to synthesize diverse processes and data and formulate appropriate conclusions
  • An understanding of controls and how to apply them to different processes and functions
  • Demonstrate an ability to balance multiple critical priorities
  • Self-starter with strong ability to work independently with minimum oversight
  • Fluent in Excel and PowerPoint, comfortable with analyzing documented procedures and process flows in Google suite, MS Office apps, etc.

What We Offer:

  • Competitive compensation and benefits package
  • Opportunity to work with a forward-thinking company that is transforming financial services for the better
  • Collaborative and dynamic work environment


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