Independent Risk Management Director, Investment Products

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 is seeking an energetic, detail‑oriented, self‑motivated, and intellectually curious Independent Risk Management (IRM) Director to support the growth of our Invest business. The Director will serve as the senior second‑line risk leader responsible for independent risk oversight of the Invest business, acting as the primary risk partner to Invest leadership and providing credible challenge, strategic risk advisory, and oversight across all material risk categories (excluding Compliance Risk, which is overseen by a dedicated Invest Compliance organization). The role will work closely with Compliance leadership in a coordinated coverage model and will leverage a comprehensive understanding of risk management and mitigating controls across operational, fraud, technology, credit, and third‑party risk.

What you’ll do

• Serve as the accountable 2LOD Risk Manager for the Invest business, maintaining an enterprise‑wide view of Invest’s risk profile, key risk themes, and control effectiveness.
• Become a trusted advisor to senior business leaders on risk implications of strategic decisions, product expansion, operational changes, and emerging risks.
• Represent Independent Risk Management in executive forums related to Invest strategy, governance, and risk management.
• Present risk assessments and recommendations to senior management committees, executive leadership, and Board‑level governance forums as appropriate.
• Oversee aggregate portfolio risk trends, including operational, fraud, third‑party, technology & platform, product, credit, and model risks.
• Identify thematic and emerging risk trends and ensure timely root‑cause analysis, corrective action plans, and sustainable remediation.
• Collaborate with business units, Enterprise Risk Management, Compliance, AML, and other functional teams to optimize the Enterprise Risk Appetite and tolerance, including understanding root causes for Key Risk Indicator (KRI) breaches.
• Support post‑launch reviews and continuous control enhancements as the business scales.
• Benchmark risk practices against peer institutions and incorporate lessons learned from industry events or control failures.

What you’ll need

• 10+ years of experience in Risk Management, Operational Risk, Enterprise Risk, Product Risk, Audit, Compliance, or related control functions.
• Demonstrated experience supporting brokerage, investment advisory, wealth management, digital investing, and/or securities businesses.
• Experience providing independent oversight and credible challenge to senior business leaders.
• Experience leading cross‑functional risk assessments and governance processes for complex financial services businesses.
• Experience interacting directly with regulators, executive management, and Board committees.
• Exceptional interpersonal, verbal, and written communication skills.
• Strong leadership, collaboration, influencing, and organizational skills with attention to detail.

What success looks like

• Establishing a comprehensive and forward‑looking view of Invest business risks.
• Influencing business strategy and product development through effective risk advisory and challenge.
• Ensuring risks remain within Board‑approved appetite while enabling business growth.
• Driving timely identification, escalation, and remediation of material issues.
• Maintaining strong partnerships across Invest, Compliance, Technology, Operations, Fraud, and Enterprise Risk functions.
• Demonstrating effective regulatory engagement and governance leadership.

Benefits

The base pay range for this role will be determined based on individual factors such as experience, skills, and location. For a full view of SoFi’s comprehensive and competitive benefits, visit the Benefits at SoFi page.