AVP, Non Model Tool Oversight, Credit Risk Oversight (L11)

Job ID: 2600068

Job Description:

Role Title: AVP, Non Model Tool Oversight, Credit Risk Oversight (L11)

Company Overview:

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

• We have recently been ranked #2 among India’s Best Companies to Work for by Great Place to Work. We were among the Top 50 India’s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.

• We offer Flexibility for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.

• We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles.

Organizational Overview:

Synchrony's Risk Team provides independent oversight of Synchrony’s risk-taking activities to ensure safety and soundness, meet regulatory and legal requirements, and manage risks to the risk-appetite of the Board. Risk is responsible for independently assessing, quantifying, and overseeing risks & providing effective challenge. Risk serves as Synchrony’s Second Line of Defense.   

Overall, Risk Team oversees and manages the Risk Program to support the business in anticipating and addressing risks, issues and challenges. Results are consistent with the respective strategic uses and complying with related overall risk, risk testing policies, standards, procedures as well as regulations. Our Risk organization consists of 4 pillars: Compliance, Credit & Financial Risk, Enterprise Risk and Operational Risk. Each of the pillars play a vital role in managing Risk and supports the business in anticipating and addressing risks, issues, and challenges.

Role Summary/Purpose:

The AVP, Non Model Tool Oversight is an individual contributor primarily responsible for completing cyclical validations of existing Non-model Tools (NMTs) across the enterprise, with specific focus on tools utilized in Finance and Treasury, and concurrent assessments of new tools being developed. The secondary responsibilities include ensuring the NMT inventory is up to date and accurate, providing updates to Senior Leadership, and executing improvements to the NMT framework.  This role will report directly to the VP, NMT Oversight located in India.

 We’re proud to offer you choice and flexibility. You have the option to be remote, and work from home, or come into one of our offices. You may be occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.

Key Responsibilities:

• Perform independent validations of existing and newly developed NMTs to gauge efficaciousness of the tool and the controls.

• Leverage advanced technical expertise to translate documentation of strategy criteria into SAS code (or other coding language as needed) to complete the validation.

• Document results of validations to produce detailed ‘white paper’ reports that will ultimately be shared with first, second, and third line stakeholders, regulators and Senior Leadership and be leveraged to drive quality improvement opportunities across reviewable strategies.

• Lead validation results meetings by effectively communicating issues and recommendations to 1LOD leadership teams, solicit feedback prior to final report publication.  Maintain timelines and feedback loop with respective strategy teams to ensure all applicable issues in eGRC system are mitigated as per the chosen timeline.

• Perform other duties and/or special projects as assigned.

Required Skills/Knowledge:

• Bachelor’s Degree in a STEM related or Business field with 5+ years of experience; OR in lieu of degree 7+ years of experience in finance and consumer credit/risk analytics role is prefered.

• 3+ years’ of relevant experience in a consumer finance/treasury and credit/risk analytics role;  

• 3+ years’ experience with SAS/SQL or Python or other transferable logic based programming.

• Strong oral and written communication skills with impact and influence.

• In-depth understanding of Finance and/or Treasury processes supporting consumer credit lending lifecycle and card programs.

Desired Skills/Knowledge:

• MBA or Master’s degree in a STEM field.

• Demonstrated ability to manage multiple projects, organize work flow, and prioritize work assignments.

• Advanced reasoning skills in conjunction with an intimate understanding of how our strategy systems work and how their outflows tie into the data warehouse.

• Elevated aptitude in deciphering and interpreting strategy documentation and criteria and the ability to translate that into independently created logic.

• Commercially effective and collaborative across teams and functions.

• Intermediate EXCEL skill-set.

• Curiosity and the ability to learn new concepts.

Eligibility Criteria:

Bachelor’s Degree in a STEM related or Business field with 5+ years of experience; OR in lieu of degree 7+ years of experience in finance and consumer credit/risk analytics role is prefered.

 

Work Timings: 2PM – 11PM IST

This role qualifies for Enhanced Flexibility and Choice offered in Synchrony India and will require the incumbent to be available between 06:00 AM Eastern Time – 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with India and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs. Please discuss this with the hiring manager for more details. 

For Internal Applicants:

• Understand the criteria or mandatory skills required for the role, before applying

• Inform your manager and HRM before applying for any role on Workday

• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)

• Must not be any corrective action plan (Formal/Final Formal,LPP)

• L9+ Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.

• L09+ Employees can apply

Grade/Level: 11

Job Family Group:

Risk Management