VP, Credit Model Development
About The Position
Synchrony’s Credit Account Management (ACM) - Model Development role will provide unprecedented opportunities to develop and deliver our future ACM analytics and modeling capabilities and vision. In this role, you will lead the design, innovation and development of models risk for customer account management. The successful candidate will be responsible for managing key aspects of model development lifecycle, including internal model development, co-development and review of vendor models, monitoring analysis, validation support, implementation and regulatory responses. We are looking for a candidate who is curious and passionate about developing innovative solutions and has experience in big data environments, computer programming, Python, AWS, Machine Learning (ML), AI/GenAI, etc. The successful candidate will have excellent communication & project management skills, strong model development experience and good understanding of model risk. The role will be responsible for hands-on model development to support account management and transaction fraud detection models.
Requirements
- 8+ years of experience in marketing/credit/fraud model development or model validation within financial services.
- Master’s degree in Statistics, Mathematics, Data Science, or a related quantitative field; or 9+ years of equivalent model development/validation experience in financial services, banking, or retail.
- 4+ years of hands-on experience with data science/statistical tools and environments such as Python, Spark, data lake technologies, AWS SageMaker, H2O, and SAS.
- 4+ years of machine learning/advanced analytics experience, including handling large datasets.
- 4+ years of experience applying U.S. model risk management guidance (e.g. SR 11-7/OCC 2011-12).
- Ability and flexibility to travel for business as required
Nice To Haves
- Demonstrated experience building a variety of partner custom models, presenting to client teams/stakeholders, guiding stakeholders through the governance process, and delivering value.
- Demonstrated ability to consult with business leaders, structure ambiguous problems, and deliver measurable outcomes.
- Excellent written and verbal communication, presentation, and influencing skills; ability to explain technical concepts to non-technical audiences.
- People leadership and project management experience (formal manager or strong matrix/team lead), including coaching, prioritization, and quality oversight.
- Experience reducing cycle times through automation (e.g. AutoML, GenAI-assisted workflows), including designing or partnering to build enabling infrastructure.
- Experience applying CI/CD practices within a model risk management framework.
- Exposure to AWS services such as Amazon SageMaker, Amazon Bedrock, and Amazon Redshift.
Responsibilities
- Lead ACM model projects working closely with business leadership, vendors and other key stakeholders
- Identify opportunities to design or enhance models through data, modeling approaches and operational strategies
- Leverage ML/AI techniques to enhance data mining to identify new customer profiles and risk analysis
- Engagement organization and Enterprise Operations Strategic Modeling team
- Identify and test appropriate ACM models for SYF
- Work on data collection, data cleansing, methodology evaluation, model assessment, model development, testing and validation.
- Maintain comprehensive model documentations needed to meet regulatory requirements.
- Analyze datasets in order to find opportunities through data analytics
- Lead the model monitoring process for ACM models, including root cause drivers of any material shifts in model performance, manage discussions with Model Owners, maintain model change logs
- Manage model approval process with legal/compliance, model validation & development, business user and other governance teams
- Assist the model sponsor and model owners in providing model technical documentation and responses related to model risk management for internal/ external reviews
- Manage model Inventory & model changes; drive model simplification in business
- Manage audit and validation requests, and develop remediation plan for timely resolution on any issues uncovered through those requests
- Perform other duties and/or special projects as assigned
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
