AVP, AML Analytics

Job Description:

Organizational Overview:

Synchrony's Risk Team provides independent oversight of Synchrony’s risk-taking activities to ensure safety and soundness, meet regulatory and legal requirements, and manage risks to the risk-appetite of the Board. Risk is responsible for independently assessing, quantifying, and overseeing risks & providing effective challenge. Risk serves as Synchrony’s Second Line of Defense.   

Overall, Risk Team oversees and manages the Risk Program to support the business in anticipating and addressing risks, issues and challenges. Results are consistent with the respective strategic uses and complying with related overall risk, risk testing policies, standards, procedures as well as regulations. Our Risk organization consists of 4 pillars: Compliance, Credit & Financial Risk, Enterprise Risk and Operational Risk. Each of the pillars play a vital role in managing Risk and supports the business in anticipating and addressing risks, issues, and challenges

Role Summary/Purpose:

The AVP, AML Analytics, will be responsible for growing and executing the adoption of full-file testing and monitoring within BSA / AML / OFAC programs. This individual will work directly with stakeholders from Compliance to design and build analytical tools and techniques that will help the Risk organization proactively identify risks and monitor them on an automated basis. Furthermore, this individual will be a key partner to senior leadership across Compliance, Risk, Technology, and Business units, providing data-driven insights to mitigate financial crime risk. This role will report directly to the VP, Enterprise Risk Analytics.

Our Way of Working

We’re proud to offer you 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 will be required to commute or travel for in person engagement activities such as business or team meetings, training and culture events. 

*Field Sales and some Commercial team roles may have varied location requirements based upon partner obligations or preferences. 

Essential Responsibilities:

• Analyze complex data sets from a variety of data sources, and develop full-file testing and monitoring to support compliance with BSA / AML / OFAC

• Validate data feeds from the source system including analysis of the codes to ensure all required data is sent for AML Transaction Monitoring and Customer Risk Ratings

• Build and execute framework for ongoing monitoring to validate accuracy and completeness of AML related data feeds

• Develop full-file testing and validation for QA / QC within the AML Sanctions and Transaction Monitoring programs

• Lead independent Risk reviews of 1st line surveillance controls that use SAS/Python codes to monitor for Beneficial Owner / Know Your Customer deficiencies

• Use data and analytics to help support the closure of critical, time-sensitive projects such as regulatory requests and matters requiring attention (MRA)

• Build exception reporting to identify root cause for filtered data from AML monitoring systems

• Partner with the India Risk Analytics Team on optimal, efficient, and quick analytical solutions to business problems

• Develop, present, and explain the value and vision of proposed solutions to cross-business senior leaders and stakeholders

• Performs special projects regarding Bank compliance activities which may require research and analysis, including presentation to senior compliance leadership.

• Perform other duties and/or special projects as assigned

Qualifications/Requirements:

• Bachelor’s Degree AND 4+ years’ experience in a consumer credit/risk analytics role;  OR, in lieu of Bachelor’s degree, 8+ years’ experience in consumer credit/risk analytics role

• 4+ years’ hands-on experience with one or more data analytics tools including Python, R, SAS, and SQL, SPARK and Hadoop

• Strong written/oral communication skills.

• Proven ability to deliver Analytical solutions for Business problems.

• Ability and flexibility to travel for business as required

Desired Characteristics:

• Bachelor’s Degree in a STEM related or Business field.

• MBA or Master’s degree in a STEM field.

• Demonstrated ability to manage multiple projects, organize workflow and timelines.

• Experience in automation in command line environment, AWS, SAS or Python