VP, Enterprise Risk Analytics

Company: Disability Solutions
Location: New York
Posted on: January 28, 2025

Job Description:

Job Description:Role Summary/Purpose:The VP, Enterprise Risk Analytics, will be responsible for leading, growing, and executing the adoption of full-file testing and monitoring of risks and controls using data & analytics across the Risk organization. This individual will work directly with stakeholders from Compliance, Operational Risk, and Enterprise Risk to design and build analytical tools and techniques that will help the Risk organization proactively identify risks and monitor them on an automated basis. This will involve leading analytical and reporting projects, designing analyses, and presenting recommendations. Furthermore, this individual will assist in addressing time-critical requests that require the use of data analytics such as validating regulatory requests and root cause analysis of issues. This role will report directly to the VP, Enterprise Risk Analytics, who in-turn reports directly to the SVP, Chief Regulatory Officer.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:

• Analyze complex data sets from a variety of data sources, and develop full-file testing and monitoring to identify and propose solutions for emerging risks
• Drive extended usage of analytics to gain more efficiencies and effectiveness within risk management processes and activities
• Understand, leverage and promote value of data and analytics to create bigger impact and value to the business
• Partner with and provide thought leadership and technical expertise to guide the India Risk Analytics Team on optimal, efficient, and quick analytical solutions to business problems
• Use data and analytics to help support the closure of critical, time-sensitive projects such as regulatory requests and matters requiring attention (MRA)
• Address critical, time-sensitive reporting and analytical needs across Risk
• Serve as backup and delegate for all analytics and reporting needs for Enterprise Risk Analytics team as needed (afternoon calls and project intake, committee meetings)
• Provide thought leadership and contribute to establishing standardized Enterprise Risk Analytics process; assist with developing policies, procedures for Enterprise Risk Analytics and provide guidance on strengthening governance across team
• Direct, assist, and advise on Committee Reporting and Visualization
• Develop, present, and explain the value and vision of proposed solutions to cross-business senior leaders and stakeholders
• Promote innovation and proactively look for and identify opportunities to solve risk problems with integrated analytics solutions
• Undertake sensitive reporting for Supervisory Affairs
• Lead department and organization-wide Analytics projects
• Partner with other Analytics/Functional leaders outside of Risk (e.g. Ops, Credit, Growth etc.) to identify and apply best practices from Synchrony related to use of analytics in general, tools, processes
• Liaise with Enterprise Risk functional leaders to share assessments, risks and insights
• Work with other Risk functions across the second line of defense, including Model Development & Governance, Operational Risk, Risk Testing, Compliance, and Credit Risk to increase awareness of analytics results, create synergies and avoid redundancies.
• Serve as an Analytics Subject Matter Expert for Risk
• Perform other duties and/or special projects as assignedQualifications/Requirements:
  • Bachelor's Degree AND 5+ years' experience in a consumer credit/risk analytics role; --OR, in lieu of Bachelor's degree, 9+ years' experience in consumer credit/risk analytics role
  • 5+ years' experience with SAS/SQL, Python/R or other transferable logic-based programming
  • 2+ years' experience with Tableau or other Visual Analytics tool such as PowerBI or SAS VIYADesired Characteristics:
    • Bachelor's Degree in a STEM related or Business field.
    • MBA or Master's degree in a STEM field.
    • Experience working with Decision Trees and other statistical tools.
    • Demonstrated ability to manage multiple projects, organize work flow and timelines.
    • Solid understanding of the consumer credit lending lifecycle and card programs.
    • Exposure to R, Python and Machine Learning tools.
    • Advanced reasoning skills in conjunction with an intimate understanding of how consumer credit systems work and how their outflows tie into the data warehouse.
    • Elevated aptitude in deciphering and interpreting analytical documentation and criteria and the ability to translate that into independently created logic.
    • Experience working alongside and in unison with off-shore teams
    • Strong oral and written communication skills with impact and influence
    • Strong understanding of the consumer credit lending lifecycle and card programs
    • Excellent communication skills with impact and influence.
    • Commercially effective and collaborative across teams and functions.
    • 8+ years' experience with SAS/SQL or other transferable logic based programming.
    • Intermediate EXCEL skill-set.Grade/Level: 12The salary range for this position is 110,000.00 - 185,000.00 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--, 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 TimeJob Family Group:Risk Management

Keywords: Disability Solutions, East Orange , VP, Enterprise Risk Analytics, Executive , New York, New Jersey