VP, Controllership - Regulatory Reporting Leader

Job Description:

Role Summary/Purpose:

The VP, Controllership-Regulatory Reporting Leader is responsible for leading controllership efforts to prepare required Financial Reports for Synchrony, Synchrony Bank and other legal entity reporting as required; including but not limited to FFIEC 031 Bank Call Report, FR Y-9C, FR Y-9LP, FR Y-11, FR Y-14Q and FR Y-15. You will lead regulatory reporting strategy, driving process improvement and automation efforts, including use of available technologies to enhance the control environment, and be responsible for the oversight of the regulatory reporting team members, ensuring complete and accurate reporting. You will proactively lead efforts to monitor and implement upcoming requirements & any changes to existing reporting requirements, and partner with key functions across finance (Treasury, Capital Planning, FP&A and Tax) to assist the company in meeting its financial reporting obligations to the regulators.

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:

• Provide leadership of the Company's regulatory reporting program and team members ensuring timely, complete, and accurate financial reporting to our regulatory bodies

• Oversee the process for preparation of applicable quarterly/annual Regulatory Financial Reports related to Synchrony, Synchrony Bank, and other legal entities

• Review Reports prior to submission, facilitate reviews and approval with Senior Management

• Lead regulatory reporting data strategy for the Company, continuously driving data quality and process improvements across the end-to-end process for reportable data and increasing automation efforts

• Lead Regulatory Reporting Systems team in supporting various Finance groups to ensure new or changes to existing reporting requirements are met in a controlled manner

• Partner closely with Quality Assurance team to mitigate key risks in the process and execute control enhancements as needed

• Key point of contact for requests and reviews by applicable Regulators, 2nd Line of Defense, Internal and External Audit

• Lead governance of the regulatory reporting process, including ensuring appropriate training for all key stakeholders

• Act as functional subject matter expert and partner closely with cross functional teams on new products and initiatives to ensure activities are reported in compliance with the applicable instructions

• Ensure maintenance/enhancement of control environment including SOP’s, documentation of policies and procedures

• Ensure consistency across SEC reporting and Regulatory Reporting, where applicable

• Partner with other key finance groups in contributing to appropriate automation initiatives and managing the projects through to completion.

• Perform other duties and/or special projects as assigned

Qualifications/Requirements:

• Bachelor’s degree and a minimum ten years Accounting experience in the Banking or Financial Services industry or in lieu of a Bachelor’s Degree, a high school diploma / GED and a minimum of 13 years of accounting experience in the banking or financial services industry

• Minimum five years’ experience with Regulatory / Financial Reporting as a Financial Services business

Desired Characteristics:

• CPA preferred

• Bachelor’s degree in Accounting or Finance,

• Experience with Axiom ControllerView reporting tool

• Proficient use of financial systems and analytical tools including Hyperion / Oracle Enterprise Performance Management

• MBA / Master in Accountancy preferred

• Ability to lead teams, both virtually and in person

• Strong ability to lead multiple projects/manage priorities and drive to completion

• Ability to multi-task in a dynamic environment; attention to detail and follow-up

• Excellent analytical and problem-solving skills

• Excellent communication skills – both oral and written

Grade/Level: 14

The salary range for this position is 150,000.00 - 250,000.00 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