VP, Portfolio Credit Manager, Mattress Firm

Synchrony•Lyons, IL

28d•Hybrid

About The Position

As the Portfolio Credit Manager for the Mattress Firm portfolio—a strategic segment within the Home Network generating over $1.3 billion in annual credit sales—you will hold full ownership of credit management activities and drive P&L outcomes that support the company’s financial objectives. You will lead credit and operational risk assessments, credit policy enforcement, delinquency and fraud mitigation, and portfolio monitoring. In addition, you will influence deal structuring, pricing strategy, and evaluation of new programs to optimize portfolio performance. This role serves as the primary credit liaison to the client and internal teams, requiring strong cross-functional collaboration and leadership in delivering business and functional initiatives. 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.

Requirements

Strong programming skills in SAS, R, or Python with extensive experience analyzing large data sets using advanced modeling & data mining techniques to generate strategic, actionable credit insights.
Demonstrated intellectual curiosity and a proactive approach to exploring complex credit risk challenges, continuously seeking innovative solutions and data-driven insights to enhance portfolio performance.
Proven leadership experience operating at a strategic level within cross-functional teams.
Bachelor’s degree with 5+ years in a strategic analytical role, or alternatively, 9+ years of equivalent strategic analytical experience without a bachelor’s degree.
Minimum of 5 years of leadership experience in portfolio management, emphasizing credit strategy, credit policy, and effective internal and external communications.
Demonstrated experience developing consumer credit risk strategies.
Excellent communication and presentation skills with the ability to engage and influence Synchrony senior leaders and client stakeholders.
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.

Responsibilities

Own the partnership with the client to minimize risk exposure for both Synchrony and the retailer, while strategically growing the portfolio.
Collaborate effectively across functions to promote sustainable portfolio growth, enhance client satisfaction, and improve the customer experience within established risk guidelines.
Develop and deliver comprehensive presentations to clients and leadership that communicate credit performance and support data-driven decision making.
Champion innovative credit, fraud and authentication risk strategies by leveraging champion/challenger approaches to optimize portfolio performance
Provide credit oversight and expert input on deal renewals, new products, and pricing decisions, ensuring alignment with the company’s risk appetite and portfolio objectives.
Set clear expectations and guidelines regarding risk tolerance and prudent portfolio growth to internal stakeholders.
Maintain a credible, constructive challenge to critical credit decisions and business processes to safeguard portfolio integrity.
Lead planning and coordination efforts with client teams to align business plans and strategic priorities.
Mentor and develop credit team members by imparting technical knowledge and fostering business acumen.
Undertake other responsibilities and special projects as required to support organizational goals.