Social Finance - Frisco, TX
posted about 2 months ago
SoFi's Credit team is at the forefront of managing credit risk activities for a variety of lending products, including Student Loan Refinance, Private Student Loan, Personal Loan, Credit Card, and Mortgage. The Senior Manager of Risk Management, Credit Card Acquisition will play a pivotal role in leading the credit risk strategies specifically for SoFi's Credit Card products. This position requires collaboration with business partners to drive revenue, control risk, and provide value to both the company and its customers. The successful candidate will be part of the Credit strategy team, which has first line of defense (1LOD) responsibilities, and will lead and mentor analysts to achieve business results. This role is crucial in scaling up Credit Card acquisition into newer population segments such as Prime, Near-prime, and New-to-Credit. The responsibilities include developing and implementing underwriting strategies for new account acquisitions that align with the company's risk appetite. The Senior Manager will also conduct monitoring analysis to provide insights and recommendations for enhancing strategies. This position requires a strong analytical background, as the candidate will utilize business knowledge and quantitative skills to drive revenue and manage risk effectively. The ideal candidate will have extensive experience in developing analytically-driven underwriting strategies for credit cards or unsecured loans, demonstrating a proven track record of delivering strong business results in a matrix environment. The role demands strategic acumen to optimize risk management and revenue growth for the business, ensuring that the interests of SoFi's members are prioritized.