Job Description:
Role Summary/Purpose:
The VP, Account Management Strategy is responsible for driving Credit Line Increase strategies that meet Synchrony (SYF)'s strategic vision of leveraging incremental data and advanced analytics to improve the customer experience and improve P & L performance. This role will utilize advanced analytical tools, explore new data attributes, lead the strategy development and review the recommendation with senior leadership across SYF. The VP, Account Management Strategy? will report to the VP, Growth Strategy Leader.
Our Way of Working
We're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events.
Essential Responsibilities:
Lead the development, testing and rollout of Credit Line increase strategies through the full credit lifecycle. This includes developing the change request, obtaining all approvals, partnering with implementation teams to implement changes, ensuring appropriate controls, and completing performance reviews. ?Supervise champion-challenger testing and the development, validation and implementation of decision tree segmentations
Drive business specification/initiatives with the technology innovation teams to support the identification and adoption of best-in-class methodologies, processes, and tools to ensure better customer experience and business success
Strategy owners are ultimately responsible for the ongoing effectiveness and monitoring of their strategies. As such this role will develop the framework for how we monitor, measure and report the results of our strategies to business
Create processes and controls to ensure that data, analyses, strategies, and recommendations are accurate
Support related reviews, audits and business continuity planning.
Partner with advanced modeling teams to drive targeting/treatment solutions that meet business objectives
Work with finance team/Portfolio Credit Management team to ensure strategies are driving the desired P & L impacts
Perform Ad hoc analytics, validations, remediations
Perform other duties and/or special projects as assigned.
Qualifications/Requirements:
Bachelor's degree and 10+ years of experience building analytically derived strategies within Credit, Marketing, Risk or Collections in Financial services.
5+ years of experience working with statistical tools such as SAS, Model Builder Decision Tree, Knowledge Seeker or others.
5+ years of experience in advanced Excel
Desired Characteristics:
Python Programming/EDL exposure
Experience analyzing large data sets to derive strategies, segmentations, actionable credit insights
Experience developing Consumer / Commercial credit Risk Strategies.
Ability to conduct advanced data analysis and complex algorithm designs
Experience using advanced modeling & data mining techniques (e.g. Machine learning, Big Data) to develop/ optimize credit strategies
Natural curiosity and passion to drive change in consumer banking for the better.
Leadership skills: Ability to lead/manage multiple competing initiatives and deliver results within deadlines and with a focus on accuracy and attention to detail
Communication and influencing skills: Excellent communication and influencing skills to coordinate with multiple functional areas and independently present explanations of complex subjects to senior management and partner with teams throughout the company
Problem solving skills: Strong ability to rapidly learn the intricacies of an unfamiliar process, structure and scope complex problems, apply a range of analytical tools, gain and synthesize insights, and develop actionable recommendations
Working knowledge of credit bureau data
Advanced programming with SAS, R or Python
Experience using multiple Credit Decision Systems (e.g. Credit Bureaus) to make consumer credit strategy decision.
Strong communication / relationship management / influencing skills / presentation skills and the ability to interact with and present to SYF senior leaders
Grade/Level: 12
The salary range for this position is 135,000.00 - 230,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.
Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.
Salaries are adjusted according to market in CA, NY Metro and Seattle.
Eligibility Requirements:
You must be 18 years or older
You must have a high school diploma or equivalent
You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Our Commitment:
When you join us, you'll be part of an inclusive culture where your individual skills, experience, and voice are not only heard - but valued. Together, we're building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow.
This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. We're proud to have an award-winning culture for all.
Reasonable Accommodation Notice:
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time
Job Family Group:
Credit
