Job Description:
Role Summary/Purpose:
Reporting to the SVP Credit Acquisitions Strategy Leader, the VP Consumer Credit Acquisitions Strategy will lead a team focused on developing and managing credit acquisitions strategies for several client groups within Synchrony, across both open and closed-end products. The successful candidate will bring their strong people leadership and analytic experience to drive innovation and efficiencies in acquisition credit strategies.
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 a team in the development and enhancement of new account credit strategies that drive profitable growth while operating within risk appetite.
Utilize advanced underwriting techniques to optimize acquisition strategies and new account credit decisions.
Develop and track core acquisition credit strategies at the product and client level that minimize both Synchrony and the retail partners’ risks, while balancing the risk–reward tradeoff
Evaluate multiple data sources to evaluate and uncover insights and integrate into acquisition strategies.
Identify and communicate how acquisition actions impact overall portfolio performance (understanding portfolio and platform nuances)
Work closely with Portfolio Credit leaders to ensure strategies support both business and client objectives, while maintaining a straightforward, standardized, enterprise‐wide decision structure.
Work effectively cross‐functionally to drive smart growth and client satisfaction.
Support driving enhanced strategies, using champion/challenger leanings to manage credit exposure.
Coordinate planning cycles with portfolio teams to ensure consistency in business plans.
Drive the enhancement of credit monitoring and report‐out of acquisition metrics designed to identify credit risk exposure and effectively develop mitigants.
Ensure effective pre-implementation strategies and strategy validations are executed by team members.
Drive the implementation of credit monitoring and tracking systems designed to quantify the differences in effectiveness of alternative credit strategies.
Perform other duties and/or special projects as assigned.
Qualifications/Requirements:
Bachelor’s degree and 5+ years of experience in a strategic credit management role, or in lieu of a Bachelor's degree, 9+ years of experience in strategic credit management
3+ years of experience in a credit strategy development role
3+ years of advanced programming with SAS/SQL (proficient level) or Java, R, Python
Desired Characteristics:
Leadership experience operating at a strategic level as part of a cross functional team.
Use and knowledge of advanced technical & analytical competencies in driving development of credit risk criteria and strategies
Effective communication and presentation skills and the ability to interact with and present to SYF senior leaders.
Experience with consumer lending products and practices
Master’s Degree or MBA with advanced analytic focus, or equivalent advanced degree
Experience with statistical tools such as SAS E-Miner, Model Builder Decision Tree, Knowledge Studio and others
Experience with R or Python Programs skills or advanced data mining & modeling techniques (e.g. Machine learning, Big Data)
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