Credit Strategy Manager

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.

About the role

The Credit Strategy Lead will work in the Credit team and 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. This role collaborates with cross-functional teams such as Business Units, Capital Markets, Product and Engineering, using 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.

Responsibilities

• Architect pre-screen and underwriting strategies to innovate risk management approaches.
• Power the future of lending with deep analysis of a real-time data ecosystem, including multi-product internal, bureau, third-party, and alternative data sources.
• Embrace data-driven decisions, iterate, learn, and innovate continuously.
• Understand credit risk and develop approaches to mitigate loss while responsibly growing revenue.
• Monitor the performance of strategies and portfolios, document and communicate results, and escalate issues as necessary.
• Identify gaps and opportunities, driving actions to address them.
• Collaborate with dynamic leaders and contribute to a rapidly growing business.

Requirements

• 4+ years of related 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, presentation, implementation validation, and post-implementation monitoring.
• Proven analytical skills in conducting sophisticated analysis using customer performance data, bureau attributes, and other third-party variables to solve business problems.
• Proficient skills in Excel, SQL, and Python.
• Demonstrated ability to synthesize and communicate analysis to business partners and senior management.
• High motivation to drive results, eagerness to learn, and ability to work collaboratively in a fluid environment.
• Knowledge of analytical and modeling techniques such as Decision Trees, regression, logistic regression, A/B Testing, and Tableau.

Qualifications

• Preferred: 4+ years of consumer lending credit strategy work experience.
• Preferred: Experience in analyzing and testing credit strategies or models to meet fair lending requirements.
• Preferred: Advanced degree (Master’s or PhD) with a quantitative major such as Statistics, Mathematics, Engineering, or Computer Science.

Pay

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.

Benefits

To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page.