SoFi, an online personal finance company, plans to add 400 workers to their Claymont, Delaware office by the end of 2018, according to Delaware Online.
SoFi initially established a presence in Delaware after acquiring Claymont-based Zenbanx for an undisclosed sum in February. In addition to bolstering SoFi’s portfolio of online personal finance offerings, the purchase of Zenbanx turned 36 Zenbanx workers into SoFi employees.
SoFi has pledged to transform the former Zenbanx office through an aggressive hiring plan. The fintech company intends on adding 100 workers by August, 200 workers by the end of 2017, and 400 employees by the end of 2018.
“We have been out recruiting and hiring in Delaware,” said Chandi Gracey, Director of Operations for SoFi, who will be relocating to Delaware. “We plan to start with about 65 folks and continue the hiring process until we get to 100,” she said.
Most of the job openings at SoFi will be call center jobs. However, SoFI will also be seeking IT, business development, and management professionals. Out of the first 200 openings, 130 will be call center roles, 30 will be mortgage operations jobs, and the remaining 40 will be IT, business development, and office staff positions.
Gracey stated that daily and evening call center shifts are available every day of the week with an initial salary of $16 per hour. Amongst the benefits that will be included are student loan repayment, tuition reimbursement, and full, employer-paid health care for a worker’s family.
To live up to the SoFi standards, the fintech company will begin upgrading Zenbanx’s former Claymont office. The amount SoFI will pay for the renovations is undisclosed, but a brand new training center is amongst the upgrades.
“Zenbanx had a nice office, but it was not quite the caliber we want to provide for our employees,” Meck said. “We want to transform it into something that would be more typical of a San Francisco FinTech environment.”
The timing appears to be just right for SoFi to hire experienced employees located in Delaware. HSBC Bank USA and Barclays are moving a combined 600 jobs out of the state while Capital One laid off more than 100 employees after cutting its Delaware mortgage operations.
“This is a great opportunity for SoFi to pick up the best and the brightest from those organizations,” Meck said.
Founded by Mike Cagney and other Stanford Graduate School of business classmates in 2011, SoFi began as a student loan refinancing company and has seen tremendous growth since. The company has expanded to offer a range of lending products, such as mortgages and personal loans, while also offering financial services like wealth management.
With over 1,000 employees, SoFi now boasts over 300,000 members and has reportedly underwritten more than $20 billion in loans. The fintech company has raised nearly $2 billion in outside funding, according to LendEDU.
Author: Andrew Rombach
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