Senior Associate, Bank Planning and Analysis

at SoFi

Charlotte - NC, Cottonwood Heights - UT, Frisco - TX, Jacksonville - FL, New York City - NY

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 (“the Firm”) is seeking a detail-oriented, self-motivated, organized Finance professional to join our team.

As SoFi’s Treasury Planning and Analysis (P&A) Senior Associate, you will be a unique strategic partner to the Head of Strategic Finance, Corporate Finance and Treasury teams. The role will require someone with a background in the financial services sector, a high level of initiative, strong attention to detail, integrity and ability to partner across functional teams within the firm. You will be involved in the development of the Firm’s financial plan and key performance metrics required to achieve strategic management objectives. An ideal candidate is a self-starter with superior organizational, presentation and technical skills who thrives in a complex work environment. You will play a key role in supporting the growth and future of the Firm.

You will work closely with senior executives (including CEO, CFO), Strategic Finance, Accounting and various Business partners to drive our forecast and close reporting, and annual/long range planning cycles.

What you’ll do:

Responsibility for developing and forecasting the balance sheet for the Firm and Bank legal entities, including capital and liquidity management. Working closely with Strategic, Corporate Finance and Treasury partners to collaborate and build an accurate forecast within the limits set by various stakeholders (regulators, investors, internal Board limits)
Partner with the teams of each of SoFi’s businesses to forecast revenue and expense to managed EBITDA and net income while understanding revenue generators at their atomic level in addition to identifying incremental ways to achieve revenue, with direct responsibility for the Corporate revenue segment
Production and forecasting of funds transfer pricing rates provided to the finance partners
Collaborate cross-functionally with marketing, operations, product, and pricing among other areas, to understand how expenses will impact Bank and product contribution profit
Execute processes with an emphasis on accuracy and timeliness of meeting deliverables on prescribed timelines
Partner with the accounting team to understand and comply with all bank regulatory reporting requirements and explain financial performance relative to expectations
Work closely with the Treasury team to understand and manage balance sheet constraints

What you’ll need:

3-5 years of finance-related experience at a large bank or financial services firm, bank regulator, or Big 4 firm
BA/BS in Business, Economics, Accounting, or equivalent
Understanding of (1) the drivers of the business, (2) understanding of unit economics for each of the businesses, (3) different types of earnings associated with the businesses
Strong understanding of bank regulations, capital/liquidity management, and banking industry
Ability to articulate and deliver insightful, relevant analysis of Bank financial data and business results (income statement, balance sheet, capital, revenues, expenses, yields, Funds Transfer Pricing) to determine present and future financial performance
Evaluation of macroeconomic conditions and their impact on business operations
Excellent modeling skills with the ability to create from scratch and lead model development efforts
Ability to develop analytics tools, tableau and other dashboard to report key metrics
High efficiency as a reliable problem-solver who is comfortable navigating new, ambiguous, and/or time-sensitive situations and exercises discretion related to confidential materials and company information
Exceptional analytical, creative problem solving, and modeling skills
Very strong Excel and PowerPoint/Slides skills; experience with google sheets/slides is a plus
Familiarity with financial controls, operations, and accounting
Ability to navigate and thrive in a fast-paced, constantly evolving, and often ambiguous environment
Positive attitude and willingness to learn and grow within the organization
Workday, TM1, Tableau reporting

Nice to have:

CFA, CPA

Compensation and Benefits

The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.

To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.

The Company hires the best qualified candidate for the job, without regard to protected characteristics.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

New York applicants: Notice of Employee Rights

SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com.

Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.

Internal Employees

If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.