VP, Payment Networks Strategy

Synchrony•Stamford, CT

1d•$150,000 - $250,000•Hybrid

About The Position

The VP, Payment Networks Strategy will support the SVP of Platform Strategy and Networks through owning the critical relationships with the payment networks and driving impact through ideating, modeling and executing on growth opportunities within the portfolios and functions as well as supporting business development in network selection. This role sits in the Business Strategy & Development (BS&D) function and plays a role in cross-functionally supporting all our business platforms (Digital, Health & Wellness, Home & Auto, Diversified & Value and Lifestyle) as well as the Network Operations team.

Requirements

Bachelor’s degree preferred with 8+ years’ experience in financial services, fintech, or payments or in lieu of a Bachelor Degree, a high school diploma / GED with 10+ years’ experience in financial services, fintech, or payments
4+ years experience in managing strategic relationships, cross-functional management and data and analytics. This could include roles in management consulting, corporate strategy, strategic planning, strategic finance, corporate development or other business strategy related roles
3+ years of experience with managing cross-functional business partners and senior leadership
Strong communication skills, ability to communicate to C-level, excellent presentation skills
Ability to financially model and generate insights from the data
Ability and flexibility to travel for business as required

Nice To Haves

MBA or Master’s Degree in finance, marketing, or strategy
Strategy, finance or marketing / analytics experience
Experience in Financial Services, specifically consumer credit and working with the payments networks
Proficient in the use of MS Office product suite with advanced experience with Excel and PowerPoint
Demonstrated ability to lead problem solving for complex business issues and work with multiple stakeholders and viewpoints
Experience in developing data-driven perspectives and presenting insights to business leaders
High-level negotiation, communication, and influencing skills

Responsibilities

Own and manage the relationship with the Payment Networks, including contract negotiation, the identification and deployment of network-related products and capabilities, the tracking of performance and the deployment of joint funds
Work with our cobrand and dual card portfolios as well as functions to identify, quantify and execute growth and efficiency opportunities through the payment networks
Drive negotiations with the Payment Networks (in conjunction with Business Development) on new or renewal cobrand and dual card opportunities and build models to help drive network selection
Partner with Network Operations to drive new portfolio, product and capability launches and ensure the identification and resolution of network-related issues
Develop, manage and draw insight from network dashboards to provide insight into performance and opportunities with the Payment Networks
Create content for and provide strategic updates to Synchrony's Executive Leadership Team, BS&D leadership, our five business platforms and other key functions
Perform other duties and/or special projects as assigned