AVP, Growth Risk - Marketing

Job Description:

Role Summary/Purpose:

The Assistant Vice President role is responsible for providing compliance and operational risk guidance to the Marketing organization. This role is responsible for  executing or participating in various risk management activities such as the identification, assessment, monitoring and reporting of risk related to the marketing organization’s partners, systems and tools.

The AVP will provide compliance support for various processes within Synchrony’s Growth organization  with a special emphasis on the processes within the Marketing function.

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:

• Assist in the performance of the annual risk assessment, assessing inherent risk and control effectiveness of various Synchrony Marketing processes

• Assist in the evaluation of the design and effectiveness of controls to mitigate identified risks and in the performance of concurrent reviews associated with significant business changes

• Provide  expert advice and influence changes to processes, procedures, and controls to mitigate compliance risk through various interactions and forums.

• Participate in incident/issues management discussions with the appropriate partners to assist in process gaps being addressed and/or risk accepted

• Assist in the identification of risk associated with (1) new laws and regulations, including industry consent orders and regulatory guidance and (2) business-initiated changes.

• Provide support for any key regulatory and litigation developments impacting Synchrony, including gathering requested information

• Assist in the development of communications and training materials to educate process leaders, employees and 3rd party suppliers as it relates to applicable compliance and operational risk

• Establish effective relationships with all functional areas

• Ensure significant risks are promptly escalated to the appropriate level

• Perform other duties and/or special projects as assigned

Qualifications/Requirements:

• Bachelor’s degree or in lieu of degree, 7+ years of financial services and/or governance experience

• 3+ years of Compliance, Risk, Audit, or governance/issue remediation experience in the financial services industry. Experience in the credit card/ lending industry a plus.

Desired Characteristics:

• Strong written and verbal interpersonal communication skills

• Ability to influence and work across a matrixed organization

• Demonstrated strategic and process skills with proven ability to execute

• Team player in a high-energy environment

• Goal oriented, self-motivated

• Understanding of business systems, data, & processes, including credit bureau reporting

• Good knowledge and understanding of relevant legislation, regulations and policies

• Familiar with CFPB, OCC, and other regulatory agencies, rules, and regulations

Grade/Level: 11

The salary range for this position is 90,000.00 - 155,000.00 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