Senior Invest Compliance Specialist

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