Business Controls Reporting & Analytics Lead

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The First Line of Defense (1LOD) Business Controls team assumes the role of a facilitator and advisor to business process owners, guiding them in understanding the correlation between effective risk management and operational efficiencies. Our objective is to foster a comprehensive comprehension of risk considerations that drive resilience and ensure compliance with applicable laws and regulations. In alignment with the overarching priorities of our company, we contribute significantly to maintaining a safe and sound operational environment. Furthermore, we actively participate in the evaluation and assessment of risk factors to support strategic decision-making. Simultaneously, we support the strategic advancement of scalable initiatives in people, processes, and technology.

The Business Control Testing (BCT) team is responsible for executing control testing activities to evaluate the effectiveness of SoFi’s Internal Controls. If you possess a commitment to meticulous risk oversight, regulatory adherence, and a keen interest in the evaluation and assessment of risk landscapes, we invite you to consider this opportunity within our team.

The role:

SoFi is seeking a BCT Reporting & Analytics Lead within the 1LOD Business Controls, reporting to the Head of Business Control Testing & Reporting.  You will play a pivotal role in advancing risk management and reporting through strategic data analytics. This position offers a unique opportunity for you to contribute to the evolution of risk practices within the organization, supporting the identification, assessment, and testing of controls, as well as assisting in special projects, as necessary.  This is a hands-on, creative role on a growing team with a vast opportunity to further expand the functions capabilities, efficiency, and effectiveness. You will also help establish or update inventories, taxonomies, workflows/ processes, etc. to support and drive consistent risk management activities.

What you’ll do: 

• Develop and execute data analytics and reporting routines aligning with key risk programs such as Risk and Control Self-Assessment (RCSA), Issue Management, and Operational Risk Events.
• Design, develop, and implement a robust reporting framework for control testing activities to provide comprehensive insights into the effectiveness of controls and related risk programs.
• Implement and maintain data analytics processes for 1LOD risk management execution, continuous monitoring, and reporting, integrating insights from various risk programs.
• Proactively establish connections with key data owners to enhance metadata understanding and the effective execution of risk programs.
• Build and maintain the risk dashboard as a dynamic tool providing risk intelligence and insights into the overall health of the business and routine reporting, ensuring compatibility with various 1LOD risk programs. 
• Establish efficient and automated methods to analyze large volumes of data, identifying outliers, anomalies, patterns, and trends to evaluate control design and effectiveness, considering the context of risk programs.
• Identify, design, and develop data extract techniques to support 1LOD risk management and testing activities within Business Controls, and drive enhancements in operational efficiency, and ensuring seamless integration.
• Collaborating with the risk partners, and business/functional area management to identify appropriate data sources for analytics and support various risk programs.
• Automate control testing processes and develop techniques for continuous monitoring, enabling the analysis of large data volumes within the context of risk programs.
• Define how automation and continuous monitoring fit into the overall workflow of Business Controls, including risk assessment, testing, and reporting, addressing the unique requirements of risk programs.
• Support talent upskilling efforts within Business Controls, enabling team members to enhance their data analytics competencies, with a focus on ski