Job Description:
Role Title: Manager Finance Governance (L09)
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 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 for all to take up leadership roles.
Organizational Overview:
Enterprise Risk provides oversight on Synchrony-wide initiatives and projects and manages issues, risk assessment & reporting, risk monitoring activities, policy standards and procedure framework for governance documents, and strategic enhancements of the eGRC tool. The first line governance teams deliver on these policies and procedures for managing governance within their functions and on a cross functional basis. Second line risk provide challenge to the first line’s risk identification and monitoring practices.
Role Summary/Purpose: The Finance Governance Manager will bean IC role, part of a new centralized team who are responsible for driving compliance with the Governance standards across the Finance organization which will include (but not limited to) Issues & Incident Management, Process & Risk Assessment, Change Management and a variety of Monitoring and Reporting on risk and governance activities and results. For this role, there will be particular focus on controls and governance testing for the Controllership organization. Additionally, the successful candidate will be helping to drive the stand up of the new centralized operating model across Finance and supporting our Finance colleagues on that journey.
The successful candidate for this role will learn about all aspects of Finance programs and Governance, will have strong attention to details and expert in multi-tasking and have strong communication skills for working with various levels of the organization.
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:
This role has primary responsibility to support the Finance Governance team in delivering a new centralized Governance Operating Model within Finance with Key deliverables will relate to 3 Pillars – Issue Management, Process Risk & Control and Reporting & Monitoring with a focus on the Process Risk & Control pillar. Process Risk & Control pillar will include aspects of Surveillance Testing over Finance controls, Policies & Procedures, Model & Non-Model Tools as well as Functional Controllership Governance Testing including Reconciliations, Journal Entries, Contracts. It will include challenge to Risk & Control Self-Assessment, Risk Appetite Limit activities, aspects of Change and Issue Management. Aspects of Monitoring and Reporting will include preparing materials and communications in support of periodic CSIM reporting on metrics such as Governance and Surveillance testing, Issue Management, SOX, RCSA, Business Continuity etc.
Assist the development of risk-based monitoring and testing plans for governance focus areas Maintain and develop the team's information repositories and operating records, including the Team Site; Policy Procedure, and Job Aid Inventory; and testing records.
Contribute to development and awareness of Governance procedures and standards.
Establish effective relationships with all operational areas across Finance and Treasury teams.
Support the development of policy, procedures, job-aids and training as it pertains to the evolution of the team and activities.
Participate in special projects related to Finance Governance as Synchrony continue to mature their Governance programs. Given the establishment of the team and operating model, additional responsibilities may include assisting with other governance responsibilities such Exam Support and Supplier oversight.
Required Skills/Knowledge:
Bachelor’s degree in a related field of study (Business, Finance, Risk) and 4+ years of experience in 1st line Governance, External/Internal Audit, and/or other relevant professional experience; or in lieu of a degree, 6+ years of experience in financial services governance roles, internal/external audit and/or other relevant professional experience.
Roles have included experience in Issue Management, RCSA and/or SOX Controls testing and Metrics Reporting
Strong attention to detail and superior writing and editing experience and skills, Excellent time management and organization skills
Ability to drive results independently and prioritize multiple workstreams
Desired Skills/Knowledge:
Issues Management, SOX & Surveillance testing, RCSA, Metrics Reporting experience within a Financial Services organization, Understanding of Finance systems & processes.
Public Accounting or Internal Audit Experience, demonstrated knowledge and understanding of relevant legislation, regulations, and policies.
Advanced skills using Microsoft Office Suite (Word, Excel, PowerPoint, Visio) and SharePoint
Strong written and verbal communication skills, to independently present explanations of complex subjects to senior management and partner with teams throughout the company
Strong presentation and communication skills with a demonstrated business presence while interacting with stakeholders. Strong attention to detail, analytically minded, skilled-documentation skills and effective multi-tasker.
Ability to manage multiple competing initiatives, drive process improvements and deliver results within deadlines with a focus on accuracy and attention to detail.
Work Timings: 5:00 AM Eastern Time - 2:00 PM Eastern Time
This role qualifies for Enhanced Flexibility offered in Synchrony India and will require the incumbent to be available between 05:00 AM Eastern Time – 2:30 PM 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)
We are proud to offer flexibility at Synchrony. Our way of working allows you the option to work from home or workspaces in our Regional Engagement Hubs—Hyderabad, Bengaluru, Pune, Kolkata, or Delhi/NCR.
As directed by the management, you will be required to commute or travel to Hyderabad or one of the Regional Engagement Hubs for in-person engagement activities such as business/ team meetings, trainings, and events
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 (First Formal/Final Formal, LPP)
L4 to L7 Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.
L9+ Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.
L4+ Employees can apply
Grade/Level: 09
Job Family Group:
Finance