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Senior Associate, Market Risk Execution

SoFiNew York City - NY
On-site Full-time

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Experience Level

Mid to Senior

Qualifications

Assist in designing, implementing, and rebalancing hedging strategies using approved instruments, including derivatives and cash market hedges. Prepare daily and weekly risk reports covering hedge positions, sensitivities, exposure changes, P&L attribution, and hedge effectiveness. Track asset and liability duration, convexity, and key rate exposures across mortgage-related positions. Work alongside senior Treasury team members to assess hedge requirements driven by origination flows, retained production, portfolio runoff, prepayment behavior, and market fluctuations. Facilitate hedge transactions within the framework of established policies, limits, and governance. Support scenario analysis and stress testing for mortgage portfolios under varying rate, spread, and prepayment conditions.

About the job

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About Us:

Join us in shaping a brighter financial future.

At SoFi, we are revolutionizing personal finance for our members, leveraging cutting-edge, mobile-first technology to help millions achieve their financial goals. As a next-generation financial services company and national bank, we are leading the transformation of our industry, and we take pride in knowing our work directly impacts lives. Be part of our mission to invest in yourself, your career, and the financial landscape.

Position Overview:

We are looking for a Senior Associate in Market Risk Execution to join our Treasury team. This role is pivotal in managing market risk associated with the company’s balance sheet, with a particular emphasis on mortgage-related assets and their hedging activities. You will play an essential role in implementing Treasury’s risk management strategy by monitoring exposures, supporting the execution of hedges, analyzing their effectiveness, and assisting with daily risk reporting related to retained mortgage positions.

The ideal candidate is highly analytical, detail-oriented, and possesses a keen interest in fixed income markets, mortgage products, and balance sheet risk management. You will collaborate closely with teams across Treasury, Capital Markets, Finance, Accounting, and Risk Management to manage interest rate, spread, convexity, and pipeline-related risks from on-balance sheet mortgages.

About SoFi

SoFi is a pioneering financial services company dedicated to reshaping personal finance through innovative technology. We are committed to empowering our members to achieve their financial objectives while fostering a collaborative and impactful work environment.

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