SoFi · 4 weeks ago
Manager, Control Testing - Independent Risk Management
UT - Cottonwood Heights
Full-time
Onsite
Mid, Senior Level, Lead/Staff
8+ years expSoFi is a next-generation financial services company and national bank focused on innovative, mobile-first technology. The Control Testing Manager will be responsible for assessing the effectiveness of controls within the Risk and Compliance functions, executing control testing, and providing insightful reporting to enhance the bank's risk management framework.
CreditCredit CardsFinancial ServicesFinTechLendingWealth Management
Responsibilities
Execute end-to-end control testing, including planning, walkthroughs, design assessments, sample selection, evidence review, and evaluation of operating effectiveness and drafting reports
Assess controls established by the Risk and Compliance organizations, such as those related to enterprise risk, operational risk, privacy, model risk, third-party risk, AML/BSA, Sanctions, etc
Identify control design weaknesses, ineffective procedures, and opportunities for improvement
Assist in developing and maintaining the annual risk-based control testing plan
Contribute to the continuous refinement of testing methodologies, documentation standards, and quality assurance processes
Communicate findings clearly and concisely to management, including root-cause analysis and recommendations for remediation
Support Risk and Compliance leadership in preparing materials for governance committees, regulators, and internal audit
Prepare high-quality workpapers in accordance with internal methodology and regulatory expectations
Produce testing reports, dashboards, and summaries that highlight trends, emerging risks, and thematic issues
Maintain thorough documentation to support regulatory examinations and audit reviews
Recommend enhancements to control design, risk management practices, and testing processes
Stay current on industry best practices, regulatory updates (e.g., OCC, FDIC, FRB, CFPB), and evolving risk management frameworks
Qualification
Required
Approximately 8 years of experience in risk management, compliance, internal audit, operational risk, or a similar control-assurance function
Experience within the financial services industry
Prior involvement with control testing, process walkthroughs, risk assessments, or issue validation
Strong understanding of risk and control frameworks (e.g., COSO, three lines of defense, risk and control self-assessments)
Working knowledge of regulatory requirements impacting mid-sized banks (e.g., BSA/AML, Fair Lending, UDAAP, operational risk rules, privacy)
Proficiency in testing methodologies, sampling techniques, documentation standards, and evidence evaluation
Ability to analyze data, identify themes, and translate findings into actionable insights
Excellent written and verbal communication skills, with the ability to convey complex concepts to diverse audiences
Strong critical-thinking and problem-solving skills
High level of independence, integrity, and professional skepticism
Collaborative mindset with the judgment to maintain 2LOD independence
Ability to manage multiple testing engagements and deadlines
Bachelor's degree in Business, Finance, Accounting, Risk Management, or related field
Preferred
Experience in management consulting, investment banking and/or business operations
Professional certification (e.g., CIA, CRCM, CAMS, CISA, CRMA, CPA)
Experience in Fintech
MBA
Benefits
Comprehensive and competitive benefits
Company
SoFi
SoFi is a finance company that offers a range of lending and wealth management services.
1001-5000 employees
H1B Sponsorship
SoFi has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (213)
2024 (117)
2023 (131)
2022 (118)
2021 (81)
2020 (42)
Funding
Current Stage
Public CompanyTotal Funding
$12.25BKey Investors
Fortress Investment GroupPGIMQatar Investment Authority
2025-12-04Post Ipo Equity· $1.5B
2025-07-29Post Ipo Equity· $1.5B
2025-04-17Post Ipo Debt· $3.2B
Leadership Team
Anthony Noto
CEO
Jeremy Rishel
Chief Technology Officer
Recent News
Business Wire
2026-01-07
2026-01-06
dcm.com
2025-12-31
Company data provided by crunchbase