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Job Description:

Role Summary/Purpose:

This position will support the Risk organization with the planning and execution of risk assessment, auditing, and continuous monitoring activities to provide an independent and objective assessment of risk management practices, governance and controls over the Company's enterprise, modeling and model risk management, operational, and credit management functions.

_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:

+ Contribute to the direction and focus of the Risk Internal Audit team's activities through active engagement in risk assessment, audit planning, and continuous monitoring processes.

+ Assess inherent, control and residual risks with expertise in modeling practices, techniques, and validation processes as well as risk management strategies and data analytics.

+ Draft audit plans, develop audit tests, and lead audit execution for all applicable modeling and model risk management functions and activities. Identify and assess the impact of control deficiencies including those related to the use and management of models.

+ Prepare high quality audit deliverables including planning memoranda, audit programs, working papers, drafts of audit issues, and audit reports.

+ Present audit results to various levels of Internal Audit leadership, as well as the business organization.

+ Ensure effective and efficient execution of audits in conformance with professional and departmental standards, budgets, and timelines.

+ Maintain high awareness of economic, regulatory, and business risks and issues, taking action to assure required adjustments to risk assessments, audit plans, and audit programs.

+ Maintain effective working relationship with key stakeholders responsible for modeling processes and model risk management

+ Research relevant banking, regulation, risk management, and operational topics.

+ Act as model subject matter advisor and technical resource for the team by providing consulting, creating standard model work programs, and providing model training and job aids to the broader department.

+ Maintain technical subject matter internal audit competency through ongoing professional development

Qualifications/Requirements:

+ Bachelors or advance degree in statistics, mathematics, or equivalent with a minimum of 8 years of relevant experience working with models.

+ Must be willing to travel up to 20% of the time.

Desired Characteristics:

+ Minimum 7-10+ years working with models in a development, validation, or risk management function within the banking/credit management industry.

+ Knowledge and experience of risk, modeling, and capital management requirements and processes.

+ Knowledge and experience with FRB, BHC, OCC, and FDIC regulatory risk management requirements and related guidance.

+ Prior experience auditing, examining, or working in a financial/regulatory environment.

+ Experience interacting with regulators and auditors strongly preferred.

+ Knowledgeable and experienced in control theory and professional auditing practices.

+ Ability to effectively integrate business, operational, technological, and financial components into audit work performed.

+ Ability to objectively identify problems and recommend solutions to complex control, financial, or technical issues.

+ Understands all relevant business technologies and their impact to the control environment.

+ Strong written and verbal communication skills to deliver to line management high quality, actionable feedback on a variety of audit related issues.

+ Able to work independently on multiple assignments while effectively supporting teamwork and achievement of team objectives.

+ Strong analytical, risk management, and problem solving skills.

+ An attention to detail.

+ Strong PC Skills - MS Office suite.

Grade/Level: 12

The salary range for this position is **135,000.00 - 230,000.00** 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.

The salary range for this position is **13** **5,** **000.00 - 230,000.00** 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:

Data Analytics