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Who we are:
Shape a brighter financial future with us.
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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:
The Senior Compliance Specialist participates in the development, implementation, and administration of the Company’s Compliance Management Program for the SoFi Invest business unit. Reporting to the Compliance Advisor, this role includes general administration of the Invest Compliance Management Program for the Company’s brokerage, and investment advisory business, with a focus on assisting the team in connection with regulatory inquiries and internal audits.
What you’ll do:
The objective of this role is to facilitate the development, implementation and administration of our risk-based Compliance Management Program for the SoFi Invest product group. You will engage with compliance colleagues, business partners and other key stakeholders to offer appropriate knowledge, expertise and business acumen to meet the increasing demands of a rapidly changing regulatory environment, with a focus on regulatory inquiries.
As a Senior Invest Compliance Specialist, you will be responsible for reviewing and coordinating regulatory inquiry response efforts in accordance with SoFi policies, written supervisory procedures, and broker-dealer and/or investment advisory regulations.
Collaborate and influence internal stakeholders, including legal, compliance, risk management, operations and business units to drive regulatory inquiry responses .
Review and analyze changes and developments concerning FINRA, SEC, and other regulatory rules, regulations and policies to help determine the impact on the firm’s policies and procedures and suggest modifications to the same.
Drive solutions and lead initiatives that assist our members and enhance all aspects of SoFi’s Invest Compliance program.
Partner with Engineering and Product Development on various Invest-specific projects
Drive process automations and improvements
Assist in routine internal audits and risk reviews
Provide support and oversight of Invest Compliance risk and control inventory
What you’ll need:
5+ years of relevant financial services work experience, preferably brokerage and investment advisory experience
Series 7, 63 & 65 FINRA licenses are required
Degree from an accredited university
Ability to gather, analyze, and display data/information in appropriate format and keep accurate and organized records/documentation
Project management capabilities
Excellent oral and written communication skills
Ability to work in a fast-paced, changing environment
Superior organizational skills and attention to detail
Outstanding ability to develop and foster cross-functional relationships with key stakeholders within and outside of Invest Compliance
Thorough understanding of securities markets and compliance obligations of FINRA registered Broker-Dealers and SEC-registered Investment Advisors
Exceptional experience with the Google suite of products and the Microsoft Office Suite
Nice to have:
Series 4 and/or 24 licenses are preferred
Prior experience at a self-directed or discount brokerage platform highly desired
Experience assisting with the handling of regulatory matters and internal audits at financial services institutions
Desire to develop practical, creative solutions that meet business needs while remaining compliant with applicable laws and regulations
Strong work ethic and ability to remain motivated in an independent work environment
