Credit Risk Governance Director, Small Business Banking

Credit Risk Governance Director, Small Business Banking

We are seeking a seasoned credit risk leader to develop, oversee, and continuously improve the risk governance framework for Small Business Banking products.

$/yr - $/yr

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender identity, national origin, ancestry, age, disability, marital status, LGBTQ, genetic information, military/veteran status, or other basis prohibited by applicable law. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

SoFi is committed to an inclusive culture and offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations, please contact

SoFi is a next generation financial services company and national bank using innovative, mobile‑first technology to help our millions of members reach their goals. We are changing the way people think about and interact with personal finance, guiding them with core values.

This leadership position requires a strategic thinker with extensive experience in credit risk, small business banking, money movement, Fin Tech operations, and the ability to lead a high‑performing team. The successful candidate will collaborate closely with cross‑functional teams to ensure the continued success of our credit risk strategy.

• Design, implement, and maintain a comprehensive risk governance framework for Small Business Banking.
• Provide oversight across risk types for all product and feature launches and partner with 1
  
  LOD risk owners to identify, monitor, and mitigate risks.
• Oversee credit risk policies, underwriting standards, credit guidelines, and portfolio management procedures.
• Establish governance routines including reporting to risk committees.
• Challenge and validate new account strategies to minimize risk.
• Assist with regulator/auditor requests and remediation plans.

• Monitor portfolio performance, early warning indicators, and key risk metrics to ensure issues are escalated promptly.
• Analyze macroeconomic data for business impact forecasts, trend analysis, and stress scenarios viability.
• Recommend strategy adjustments based on performance results, market conditions, and regulatory developments.

• 10+ years of experience in credit risk management, underwriting, or risk governance in Small Business Lending or adjacent commercial/small‑ticket lending segments.
• Deep understanding of small‑business banking and credit products, including term loans, lines of credit, SBA loans, merchant cash products, checking or embedded finance.
• Strong knowledge of regulatory frameworks (ECOA, Fair Lending, UDAAP, SBA SOPs) and portfolio risk management practices.
• Experience with stress testing, model analytics, benchmarking, and review/challenge functions.
• Demonstrable ability to provide robust oversight, review, and challenge of risk management processes, portfolio risk reports, and credit data.
• Comprehensive understanding of credit analysis, counter party risk, risk measurements, and portfolio stress testing, including scenario design, sensitivity shocks, macroeconomic variables, and the risk identification process.
• Proficiency in using risk management tools and exposure monitoring processes.
• Exceptional analytical, communication, and executive presence skills.

The base pay range for this role is listed above. Final base pay will be determined based on individual factors such as experience, skills, and location. To view all of our comprehensive and competitive benefits, visit the Benefits at So Fi page.

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