AVP, AML Analytics

Synchrony•Orlando, FL

4d•Hybrid

About The Position

Organizational Overview: Synchrony's Risk Team provides independent oversight of Synchrony’s risk-taking activities to ensure safety and soundness, meet regulatory and legal requirements, and manage risks to the risk-appetite of the Board. Risk is responsible for independently assessing, quantifying, and overseeing risks & providing effective challenge. Risk serves as Synchrony’s Second Line of Defense. Overall, Risk Team oversees and manages the Risk Program to support the business in anticipating and addressing risks, issues and challenges. Results are consistent with the respective strategic uses and complying with related overall risk, risk testing policies, standards, procedures as well as regulations. Our Risk organization consists of 4 pillars: Compliance, Credit & Financial Risk, Enterprise Risk and Operational Risk. Each of the pillars play a vital role in managing Risk and supports the business in anticipating and addressing risks, issues, and challenges Role Summary/Purpose: The AVP, AML Analytics, will be responsible for growing and executing the adoption of full-file testing and monitoring within BSA / AML / OFAC programs. This individual will work directly with stakeholders from Compliance to design and build analytical tools and techniques that will help the Risk organization proactively identify risks and monitor them on an automated basis. Furthermore, this individual will be a key partner to senior leadership across Compliance, Risk, Technology, and Business units, providing data-driven insights to mitigate financial crime risk. This role will report directly to the VP, Enterprise Risk Analytics. 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 will be required to commute or travel for in person engagement activities such as business or team meetings, training and culture events. Field Sales and some Commercial team roles may have varied location requirements based upon partner obligations or preferences.

Requirements

Bachelor’s Degree AND 4+ years’ experience in a consumer credit/risk analytics role; OR, in lieu of Bachelor’s degree, 8+ years’ experience in consumer credit/risk analytics role
4+ years’ hands-on experience with one or more data analytics tools including Python, R, SAS, and SQL, SPARK and Hadoop
Strong written/oral communication skills.
Proven ability to deliver Analytical solutions for Business problems.
Ability and flexibility to travel for business as required
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.

Nice To Haves

Bachelor’s Degree in a STEM related or Business field.
MBA or Master’s degree in a STEM field.
Demonstrated ability to manage multiple projects, organize workflow and timelines.
Experience in automation in command line environment, AWS, SAS or Python
Experience with Tableau or other Visual Analytics tool such as PowerBI or SAS VIYA
Experience working with data related to Compliance Oversight, particularly Bank Secrecy Act (BSA), Anti-Money Laundering (AML) regulations, and the Office of Foreign Assets Control (OFAC) programs
Working knowledge and experience with GenAI in workspace
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
Commercially effective and collaborative across teams and functions.
Intermediate EXCEL skill-set.

Responsibilities

Analyze complex data sets from a variety of data sources, and develop full-file testing and monitoring to support compliance with BSA / AML / OFAC
Validate data feeds from the source system including analysis of the codes to ensure all required data is sent for AML Transaction Monitoring and Customer Risk Ratings
Build and execute framework for ongoing monitoring to validate accuracy and completeness of AML related data feeds
Develop full-file testing and validation for QA / QC within the AML Sanctions and Transaction Monitoring programs
Lead independent Risk reviews of 1st line surveillance controls that use SAS/Python codes to monitor for Beneficial Owner / Know Your Customer deficiencies
Use data and analytics to help support the closure of critical, time-sensitive projects such as regulatory requests and matters requiring attention (MRA)
Build exception reporting to identify root cause for filtered data from AML monitoring systems
Partner with the India Risk Analytics Team on optimal, efficient, and quick analytical solutions to business problems
Develop, present, and explain the value and vision of proposed solutions to cross-business senior leaders and stakeholders
Performs special projects regarding Bank compliance activities which may require research and analysis, including presentation to senior compliance leadership.
Perform other duties and/or special projects as assigned