Sr. Director, Independent Testing Compliance Officer

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The role:

Reporting into the Deputy Chief Compliance Officer, this role will manage teams across the Independent Compliance Testing Department, including Testing Standards and Quality, Regulatory Compliance Testing, and AML Testing. 

What you'll do:

• Develop and implement a testing program with coverage at the product, line of business, legal entity and enterprise-wide, for consumer regulation, corporate regulation and AML obligations in accordance with the Independent Compliance Testing (ICT) policy.

• Lead the governance, planning, executing, and reporting of compliance testing reviews and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity in accordance with the ICT plan.

• Serving as a lead reviewer for complex reviews, analyzing report findings, and communicating findings to corresponding business leaders and personnel.

• Ensuring the timely delivery of high quality, value added testing reports which meet the requirements of SoFi’s Boards and of SoFi’s respective regulators.

• Prepares materials related to risks identified through testing to appropriate Boards and Committees. 

• Drives the continuous improvement of testing methodologies, approach, and related practices with particular emphasis towards collaboration with key partners, leveraging the use of analytics, business intelligence, and other enabling approaches, technologies and tools.

• Utilizing innovative compliance testing solutions including Data Analytics to increase value and reduce costs of compliance-related activities.

• Developing effective relationships within the Compliance department and with other stakeholders including Business process owners, 1st line of defense testing and controls teams, and Internal Audit function.

• Identifying industry best practices and sharing insight with the ICT teams on a regular basis.

• Informing Compliance and Business management of significant compliance matters that require their attention or action.

• Guide product area testing teams in the development of specific product level front-to-back testing techniques and procedures

• Monitor compliance with the Independent Testing Compliance Team’s policies and procedures, including the design and execution of QA testing procedures, workpapers and reporting

• Provide subject matter expertise over regulatory testing reporting concepts

• Responsible for delivering key insights to management and supporting functions. Leveraging deep expertise in business strategy to support the testing function and the organization with actionable insights to drive ongoing success.

• Direct oversight of the testing universe for all testing areas.

• Proactively keeps informed of emerging trends, developments, and practices affecting testing methodologies and key risks to SoFi’s businesses.

• Additional duties as assigned.

What you'll need:

• 12+ years of experience and knowledge in large banking organizations and in enterprise risk management, including compliance, BSA/AML/OFAC, applicable banking laws/regulations/guidance, risk frameworks, and governance

• CRCM and CAMS (or other AML certification) preferred. 

• Experience in Internal Audit preferred. 

• Experience in developing and motivating large teams under pressure. 

• Strong work ethic, highest integrity, and a can-do positive attitude.

• Demonstrate experience in audit or compliance-related fields, including a working knowledge of appropriate risk management techniques as well as a strong understanding of audit processes and internal controls.

• Ability to analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns.

• Ability to quickly navigate through a complex organization

• Superior oral and written communi