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SVP, Model Risk Management
SVP, Model Risk Management-March 2024
Chicago
Mar 28, 2026
About SVP, Model Risk Management

  Job Description:

  Role Summary/Purpose:

  The SVP, Model Risk Management role is responsible for overseeing all aspects of Model Risk for Synchrony and serves as the chair of the Model Risk Oversight Sub-Committee.

  We're proud to offer you choice and flexibility. You have the option to be remote, and work from home, or come into one of our offices. You may be occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.

  Essential Responsibilities:

  Provide strategic thought leadership regarding the Model Risk Management Framework and any necessary enhancements

  Review policies and procedures to ensure company maintains a relevant and pragmatic approach in a changing analytical / modeling environment

  Manage Model Governance and Model Validation personnel responsible for performing duties supporting SYF's Model Risk Management Framework

  Ensure that Synchrony's Model Risk is appropriately identified, measured, and reported

  Provide frequent updates to Senior Management and Regulators

  Maintain a strong working relationship with key Model stakeholders

  Escalate key issues and risks for further discussion and action, as appropriate, to the Chief Risk Officer

  Perform other duties and / or special projects as assigned

  Qualifications/Requirements:

  Master's degree (or foreign equivalent) in Statistics, Mathematics, Economics or related quantitative field is required; in lieu of a degree 14+ years experience in model development / model validation management experience in financial services, banking, or retail experience

  10+ years in model development / model validation management experience in financial services, banking, or retail experience

  Experience with one or more statistical tools including Python, R, SAS, Advanced Excel Macros, and SQL

  Detailed knowledge of SR 11-7/OCC 2011-12 and other Regulatory requirements

  Desired Characteristics:

  Excellent people leadership skills and a proven track record of developing high potential talent and delivering results

  Strategic thinker with strong judgment and business sense; ability to influence at the highest levels of organizations

  Excellent written and oral communication, effective challenge and relationship-building skills

  Ability to work in a matrixed organization, influence management and initiate and drive change

  Excellent change management skills

  Self-starter, high motivation and ability to work well independently as well as motivate and energize teams

  Previous experience with Machine Learning methodologies and related applications

  Grade/Level: 15

  The salary range for this position is 200,000.00 - 330,000.00 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 a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+ (https://www.synchronycareers.com/our-culture/#diversity) , with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.

  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.

  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:

  Credit

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