Sr. Director, Brokerage Business Lead

The role: The Brokerage Business Lead, SoFi Invest is responsible for  core brokerage strategy, growth, product development and operating results of SoFi’s Invest  business and products. The role is responsible for leading a cross functional team of Product, Engineering, Operations andRisk focusing on building and managing core lines of business and expanding into new areas of opportunity.  At SoFi, Business Unit Leaders (BULs) and Business Leads (BLs) are the business leaders accountable for the ultimate performance of the business - our version of GMs. 

What you’ll do:

-Manage monthly, quarterly and annual deliverables for Invest’s Self-Directed business 
-Manage the prioritization of Product and Engineering deliverables that deliver against our product roadmap and OKRs, including new product launches.  
-Improve core trade desk and operational workflows to improve and scale the business through process improvements and greater automation.
-Work with a full cross-functional team to set and execute on a member-focused vision and strategy for SoFi’s brokerage products and business to drive product adoption and member satisfaction.
-Partner with Legal and Compliance teams to ensure strong risk management and compliance culture 
-Lead and chair key brokerage committees such as Best Execution and Best Interests and Conflicts
-Rigorously understand and improve brokerage economics and product usage, brokerage operations, clearing, margin, options and operational workflows
-Collaborate closely with vendors in their support of the product delivery and trading lifecycles, and in managing business risk and economics
-Stay abreast of industry trends and competitor actions to ensure SoFi is winning on the market
-Continuously explore new strategies and leverage innovative technologies to deliver compelling and differentiated investing experiences to customers

What you’ll need:

-Bachelor's degree and MBA, preferably, Finance, Economics, Engineering

-12+ years of experience in online brokerage, wealth management, online investing, or a closely related business
-Demonstrated experience in developing and launching best-in-class, online investment products and services
-Deep familiarity with regulatory requirements and responsibilities
-Demonstrated track record of delivering business growth and hitting OKRs
-Strong focus on product development, risk management, and operations  
-Deep passion for fixing issues, digging into member pain points, and relentlessly driving for a measurably better member experience
-Proven ability to execute via successful external partnerships, and experience evaluating vendor offerings, conducting build-buy-partner analysis, negotiating contracts, integrating, and managing relationships
-Unafraid to prioritize and make trade-offs
-Ability to operate cross-functionally, leading and influencing colleagues over whom you have no direct authority, ultimately leading to timely tactical decision-making to advance our objectives
-Strong people manager with experience building and leading high-performing and engaged teams
-Licensing required (e.g., Series 4, 7, 24, 99) - current licenses are preferred but this requirement can be fulfilled post-onboarding
-Excellent written and oral communicator