VP, Senior Supplier Risk Management Leader

Job Description:

Role Summary/Purpose:

In this role, you will report to the VP, Supplier Risk Management Program Leader and oversee Synchrony’s Senior Supplier Risk Management (SSRM) team. This team is responsible for overseeing the process of identifying risks associated with use of suppliers at Synchrony, which subsequently drives due diligence and ongoing monitoring through a risk-based approach, ensuring regulatory compliance and operational excellence.  Your responsibilities include advancing the Critical Supplier Program while adhering to regulatory requirements and ensuring ongoing compliance and program maturity in close partnership with the 2LOD and Operational Resiliency team.

You will lead the SSRM team in advising Supplier Managers throughout the supplier lifecycle, which includes onboarding new suppliers, modifying existing relationships, identifying and mitigating risks, and supporting ongoing monitoring. You will also drive training initiatives to ensure consistent, disciplined risk management practices across the organization. Additionally, you will enhance ongoing monitoring processes by leveraging analytics to detect emerging risks and evolving regulatory requirements.

You will develop and maintain a data-driven oversight and risk escalation framework that meets regulatory standards by collaborating with governance and control functions, including Source to Pay partners, Legal, Operational Resiliency, Compliance, Operational Risk, and Internal Audit. Additionally, you will partner with the Technology Solution Admin team to define business requirements for program enhancements and innovations.   Finally, you will identify process improvement opportunities within Supplier Risk Management Program and lead various simplification and maturation initiatives.

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 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:

• Lead the Senior Supplier Risk Management team by providing leadership, guidance, and support
• Support Supplier Managers across all Synchrony Functions in identifying and managing supplier-related risks through a risk-based approach
• Advance the Critical Supplier Program, ensuring regulatory compliance and ongoing program maturity in close partnership with the 2LOD and Operational Resiliency team.
• Identify and lead process improvement, simplification, and maturation initiatives within the Supplier Risk Management Program.
• Lead the SSRM team in supporting Identify and lead process improvement, simplification, and maturation initiatives within the Supplier Risk Management Program.
• Deliver timely and thorough program documentation (internal procedures and external facing job aids for Program Participants), training on ongoing monitoring expectations for Supplier Managers to promote consistent and disciplined execution.
• Lead the SSRM team in supporting program participants across the supplier lifecycle as advisors to identify and mitigate supplier risks.
• Lead training efforts for Supplier Managers on risk management expectations and ensure consistent execution across the organization.
• Develop and maintain a data-driven oversight and risk escalation framework that complies with regulatory standards.
• Collaborate with governance and control functions (Source to Pay partners, Legal, Operational Resiliency, Compliance, Operational Risk, Internal Audit).
• Partner with the Technology Solution Admin team to define business requirements for enhancing and innovating the Supplier Risk Management Program.
• Ensure supplier risk management activities align with the Bank’s strategic vision, controllership, and execution strategy while continuously driving process improvements.

Required Qualifications:

• Bachelor’s or Master’s degree in compliance or risk management-related fields (e.g., Business Management, Juris Doctor, Risk Management, or Supply Chain Management); in lieu of a degree 14+ years experience in Compliance or Risk
• 10+ years of experience in a Compliance or Risk leadership role with a proven track record of effective leadership, including coaching, mentoring, and performance development.
• 3+ years at a Bank, Financial Institution or Credit Card company
• Experience in areas such as second line oversight functions, vendor resiliency, exam and audit exposure, risk and issue management, and supplier compliance te