AVP, Model Development

JOB_POSTING-3-74593-15

Job Description

Role Summary/Purpose:

This AVP, Model Development role will support quantitative predictive modeling/analytics in fraud and other related areas, and serve as a predictive modeler, statistician and data scientist for model development, model validation support, model deployment activities and data science projects.

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

• Design and execute advanced predictive modeling and data science projects for fraud detection, underwriting decision and other related areas, utilizing Python, Spark, SQL, AWS, SAS, and AI tools.
• Work with business partners and vendors for model design, development, implementation, validation and model governance requirements
• Create and maintain model documentation. Ensure adequate documentation and oversight for all owned deliverables
• Manage the model risk management process including model validation, response to independent review questions and assisting in development of action plans to address model governance/validation findings
• Extract data from various data sources utilizing Python, Spark, SQL and/or SAS
• Keep pace with the latest developments in academia, regulatory environment, risk technology (vendor and in-house) and financial services industry to provide expert guidance to the business functions
• Conduct research and analyze new modeling, data science, and AI methodologies and integrate them into the decision-making process
• Perform other duties and/or special projects as assigned
  
  

Qualifications/Requirements

• Bachelor Degree and 5+ years work experience in statistical risk modeling in banking, financial services or related regulated industries, programming with Python, SQL and/or SAS, and statistical analysis using large amounts of data; OR Masters Degree plus 3+ years experience as described above; OR PhD Degree plus 2+ years as described above; OR in lieu of a Bachelor's Degree, a High School Diploma plus 8 years of work experience in statistical risk modeling in banking, financial services or related regulated industries, programming with Python, SQL and/or SAS, and statistical analysis using large amounts of data
  
  

Desired Characteristics

• Bachelor's degree majoring in Statistics, Data Science, Engineering, Mathematics, Economics or related quantitative fields
• Graduate Degree in a quantitative field (Statistics, Mathematics, Economics, Decision Science, Operations Research or related)
• 5+ years’ predictive modeling and analytics experience in banking or financial services industries
• 5+ years’ experience with SAS. Proficient in SAS programming including SAS Macro. SAS certification is a plus
• 2+ years of experience with the application of regulatory requirements for Model Risk (e.g. SR 11-7/OCC 2011-12)
• 2+ years of machine learning/artificial intelligence experience using Python, R, Tensorflow, or similar software systems
• Model Documentation with ability to explain technical items to non-technical audiences
• Hands-on data analytics, risk modeling and data management experience
• Strong project management and execution skills
• Excellent written, oral communication, problem solving, and inter-personal skills
• Ability to work independently with minimum supervision
  
  

Grade/Level: 10

The salary range for this position is 100,000.00 - 170,000.00 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 can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months’ time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don’t meet the time in position or performance expectations).
  
  

Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Our Commitment

When you join us, you’ll be part of an inclusive culture where your individual skills, experience, and voice are not only heard – but valued. Together, we’re building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow.

This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. We’re proud to have an award-winning culture for all.

Reasonable Accommodation Notice

• Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
• If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am – 5pm Monday to Friday, Central Standard Time
  
  

Job Family Group

Data Analytics