AVP, Model Governance

Role Summary/Purpose Reporting to the VP of Model Governance, this role requires an understanding or background in modeling as well as experience critical to supporting the overall governance process for Synchrony Financial. Our Way of Working We’re proud to offer you choice and flexibility. At Synchrony, you can work from home, near one of our hubs, or in an office. Occasionally you may be required to commute for in‑person engagements such as business meetings, training, and culture events. Essential Responsibilities Serve as the secretary of the Model Risk Oversight Sub‑Committee by managing the schedule, compiling presentation materials, and taking minutes. Support the ongoing refinements of the Bank’s Model Risk Management Policy and Standard, leading the development and enhancement of procedures and control frameworks to ensure regulatory compliance and effective model risk management, especially in the regulatory compliance and anti‑money laundering (AML) model risk area. Participate and support the Model Risk Working Group, challenging validation outcomes and model classifications to uphold governance standards. Represent the Model Governance Team in face‑to‑face meetings with business line partners as a subject‑matter expert on modeling standards, guidelines, and control structures. Support the maintenance of the centralized Model Inventory and supporting infrastructure. Support regulatory examinations and internal audits related to model governance. Perform other duties and/or special projects as assigned. Qualifications / Requirements Bachelor’s degree in Finance, Economics, Mathematics, Business, or a related field, with a minimum of 6 years of experience in model risk management or governance within banking or financial services; 4 years of experience required for candidates with a master’s degree. Thorough knowledge of regulatory frameworks governing model risk, including SR 11‑7 and other related regulatory guidelines. Experience in model risk policy/procedures development and governance control framework oversight. Excellent communication skills and ability to engage and influence stakeholders at various levels. Experience supporting regulatory exams and internal audit processes. Desired Characteristics 5+ years in the financial services industry including both analytic/modeling/quantitative experience and governance / policy related roles. 2+ years of experience in anti‑money laundering (AML) model validation and/or model risk governance. Good understanding of consumer credit and risk modeling methodology and model life cycle risk management practices and regulatory expectations in the banking and financial industry. Familiarity with consumer lending products and practices. Sharp focus on accuracy with extreme attention to detail. Proficient in Microsoft applications, including Excel Macros. Grade / Level Level 11 Salary Salary range: $90,000.00 – $155,000.00 USD annual, with eligibility for an annual bonus based on individual and company performance. Salaries are adjusted according to market in CA, NY Metro, and Seattle. Eligibility Requirements Must be 18 years or older. Must have a high school diploma or equivalent. Must be willing to take a drug test, submit to a background investigation and fingerprints as part of the onboarding process. 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 before being eligible to post on other roles. After this period, a minimum 6 months’ time in position is required before posting for future non‑exempt roles. Employees level 8 or greater must have at least 18 months’ time in position. All internal employees must consistently meet performance expectations and have approval from their manager (and HR if necessary) to post. Legal Authorization 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 heard and valued. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), offering a safe space to learn and grow. Reasonable Accommodation Notice Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Examples include changes to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or specialized equipment. If you need special accommodations, call our Career Support Line at 1‑866‑301‑5627. Representatives are available Monday to Friday, 8 AM–5 PM CST. Job Family Group Data Analytics #J-18808-Ljbffr