Credit Strategy Manager

SoFi; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

SoFi in New York is seeking a skilled professional to develop risk strategies and lead deep data analysis for lending decisions. The candidate should have over 4 years of experience in consumer lending or credit risk and possess strong analytical skills with proficiency in SQL and Python.

This role is essential for driving performance outcomes and mentoring within a rapidly growing team. Applicants with advanced degrees in quantitative fields will have an edge.

Qualifications

• 4+ years of related experience in consumer lending or credit risk.
• Experience in credit strategy analytical lifecycle.
• Proven analytical skills using customer performance data.

Responsibilities

• Develop risk strategies for lending products.
• Lead deep data analysis for real-time lending decisions.
• Monitor strategy performance and communicate results.

Skills

Consumer lending or credit risk experience

Analytical skills

Business acumen

Proficiency in SQL

Proficiency in Python

Proficiency in Excel

Knowledge of decision trees

Knowledge of regression techniques

Education

Master's or PhD in a quantitative field

Job description

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. Our credit team manages credit risk activities for lending products including Student Loan Refinance, Private Student Loan, Personal Loan, Credit Card, and Mortgage, and designs data‑driven strategies to grow the business while managing risk.

What you’ll do

• Bring your brightest ideas to building risk strategies, including architecting pre‑screen and underwriting strategies.
• Lead deep data analysis to power real‑time lending decisions using internal, bureau, third‑party, and alternative data sources.
• Embrace a culture of iteration, learning, and innovation to drive data‑driven decisions.
• Control risk and drive performance outcomes by understanding credit risk, mitigating loss, and responsibly growing revenue. Monitor strategy performance, document and communicate results, and drive corrective actions.
• Serve as an inspired leader in a rapidly growing business, mentoring peers and collaborating across product, engineering, capital markets, and business units.

What you’ll need

• 4+ years of related experience in consumer lending or credit risk.
• Business acumen and experience in the consumer lending business (loans or credit cards).
• Direct experience in the credit strategy analytical lifecycle, including strategy development, decision tree creation, presentation, implementation validation, and post‑implementation monitoring.
• Proven analytical skills using customer performance data, bureau attributes, and third‑party variables to solve business problems.
• Proficiency in Excel, SQL, and Python.
• Ability to synthesize complex analysis and communicate findings to business partners and senior management.
• High motivation to drive results, eagerness to learn, and collaboration in a fluid environment.
• Knowledge of analytical and modeling techniques such as decision trees, regression, logistic regression, A/B testing, and Tableau.
• Preferred: 4+ years of consumer lending credit strategy work experience.
• Preferred: Experience testing credit strategies or models to meet fair lending requirements.
• Preferred: Advanced degree (Master’s or PhD) in a quantitative field such as Statistics, Mathematics, Engineering, or Computer Science.

Compensation & Benefits

The base pay range for this role is listed below. Final offer will depend on experience, skills, and location. To view our comprehensive benefits, visit our Benefits page.

Equal Employment Opportunity

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender identity, national origin, age, disability, marital status, genetic information, military or veteran status, or any other basis prohibited by 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.