AVP, Acquisition Fraud Strategy and Model Monitoring

Job Description:

Role Summary/Purpose: 

The AVP, Acquisition Fraud Strategy and Model Monitoring, is a multi-functional role within credit fraud acquisitions strategy team. The primary responsibilities include overseeing the performance of fraud models and conducting in-depth data analytics to identify underlying model performance issues and developing action plans for deteriorating models. The role will work closely with the Acquisition Fraud Strategy Model Developers as well as the Credit Strategy Validation team to create remediation plans when models used in Credit strategies are not performing as expected. Additional responsibilities include supporting the evaluation of new fraud models, fraud and technology tools, coordinating model roll-outs with the strategy team, as well as developing enhanced ongoing monitoring reporting. The AVP, Acquisition Fraud Strategy and Model Monitoring will report to the VP, Acquisition Fraud Strategy. 

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:

• Conduct deep dives and root cause analysis on deteriorating models to identify underlying issues 

• Develop tactical and strategic actions plans to address model performance issues 

• Author narratives for on-going model monitoring executive summaries explaining technical concepts in easily understood language 

• Develop thorough and detailed documentation to support the strategy team’s model development process to ensure consistency, transparency, and alignment with organizational goals 

• Develop enhanced reporting to support fraud model performance monitoring  

• Work cross functionally with fraud strategy leads to support their analytics of fraud strategies and models 

• Work closely with implementation team to ensure that Acquisition Fraud Strategic goals are met and remove obstacles to meet those goals 

• Perform model implementation validations and ensure strategies have the use of the best available tools and scores 

• Support evaluating new fraud models and tools that can be leveraged in acquisitions, payments, and merchant underwriting 

• Assist fraud strategy leads in the development of fraud strategies and analytics when time permits  

• Partner with advanced modeling teams to drive targeting/treatment solutions that meet business objectives 

• Collaborate with 2nd / 3rd line to ensure strong governance, safety & soundness of strategies. Fully support regulatory requests, internal reviews, audits and business continuity planning 

• Partner with portfolio credit managers and client teams to launch new initiatives, communicate changes in a timely & effective manner, and ensure strategies are driving the desired P&L impacts 

• Partner with compliance, lega