Quality Assurance Analyst
Cottonwood Heights, UT - USA
Job Summary
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Who we are:
Shape a brighter financial future with us.
Together with our members were changing the way people think about and interact with personal finance.
Were 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 were at the forefront. Were proud to come to work every day knowing that what we do has a direct impact on peoples 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:
The Quality Assurance Analyst works with our Operations Partners to ensure we are in compliance with state and federal laws and regulations and SoFis policies and procedures. The QA Analyst serves as a Subject Matter Expert and will proactively support SoFis Loan and Banking Operation divisions in its QA function by sharing evaluation results performance trends and gaps.
What Youll Do:
Manage the Quality Assurance Testing (QAT) analysis and process for assigned SoFi Operations business units
Maintain forms documents and Standard Operating Procedures (SOPs)
Develop and implement a QAT strategy including focus areas; testing methodology standards and procedures and frequency of testing (e.g. random and targeted testing on an as-needed basis)
Apply an effective Quality Improvement Strategy (QIS) by identifying addressing and/or escalating issues to stakeholders and business unit leaders
Deep understanding of processes within the product and recommend appropriate control points to ensure the safety and soundness of functionality
Partner with PMO and Engineering on automation and enhancements to processes
Assess project risks identify contingency actions and develop/manage a risk plan
Communicate ongoing project health with key stakeholders and business leadership
Monitor and manage staffing levels for QA processes
Create detailed reporting for product and process performance and deliver results in the appropriate cadence
Establish and maintain an effective Feedback loop with stakeholders and business unit leaders
Maintain an awareness of and act in accordance with team goals and business unit policies
Support special projects and seek efficiencies within QA processes
QA production support when necessary
What Youll Need:
- Must have work experience in the financial industry with a strong understanding of banking products
Self-motivated and able to work independently applying analytical skills required to manage multiple tasks
Strong understanding of SoFi products assigned to along with compliance operational and risk mitigation
Understanding of statistical and targeted loan sampling concepts
Strong written and verbal communication skills
Ability to work independently self-motivated
Ability to work and accomplish goals with minimal supervision
Ability to multitask and manage competing priorities
Must be detail-oriented with an ability to work in a fast-paced environment
Proficient with Microsoft Office Suite (Word Excel PowerPoint)
Nice To Have:
Experience in Investment Banking
Experience in the Mortgage Industry as a Mortgage Loan Officer or in Underwriting
Experience in working with 3rd party vendors/partners in a Relationship Management capacity
Consumer Quality Control or Credit Underwriting experience preferred
Bachelors degree is preferred but a combination of education and experience may be considered in lieu of a degree
Decision-making skills (experience making decisions uncovering needs)
3 years of working experience preferred in banking or credit union operations that provides a working knowledge of products services systems operational policies and procedures and regulatory compliance issues
Required Experience:
IC
About Company
Why do 10M+ members trust SoFi? Financial solutions for school, marriage, starting a family, home buying, retirement, or whatever’s next. Member FDIC.