VP, Fraud Analytics and Strategy

Synchrony•Stamford, CT

2d•Hybrid

About The Position

Role Summary / Purpose The role is responsible for driving analytic insights and transactional fraud initiatives for the full suite of Synchrony Financials credit products. This role will work cross functionally to identify, understand and design innovative fraud strategies to drive the success of the business. The role interacts with senior leadership and drives communication of results, initiatives, and process items across the matrixed organization. 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 7+ years of experience building analytically derived strategies within Fraud, Credit, Marketing, Risk or Collections in Financial services, or in lieu of a Bachelor's degree, 9+ years of experience building analytically derived strategies in Fraud, Marketing, Risk or Collections in Financial services.
3+ years Of experience working with statistical tools such as SAS, Python, Model Builder Decision Tree, Knowledge Seeker and/or others similar tools.
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

Financial Services / Retail Credit Card experience strongly preferred
Natural curiosity and passion to drive change in consumer banking for the better.
Advanced programming with SAS, R or python
Experience analyzing large data sets to derive strategic, segments, actionable credit insights
Experience using multiple Fraud Decision Systems (e.g. Credit Bureaus) to make fraud strategy decisions.
Experience developing Consumer / Commercial Fraud Strategies
Ability to conduct advanced data analysis and complex designs algorithm
Experience using advanced modeling & data mining techniques (e.g. Machine learning, Big Data) to develop/ optimize Fraud strategies
Strong communication / relationship management / influencing skills / presentation skills and the ability to interact with and present to SYF senior leaders
Leadership experience operating at a strategic level as part of a cross functional team
Master's Degree or MBA with advanced analytic focus, or equivalent advanced degree

Responsibilities

Develop fraud strategies in collaboration with Synchrony fraud strategy and infrastructure organizations.
Execute, monitor, and drive process improvement of existing transactional fraud strategies
Engage with Visa / MC networks on industry trends, score models, and evolving protection mechanisms
Partner with modeling teams/vendors to drive advanced targeting strategies
Partner cross-functionally on strategies across the credit I fraud lifecycle
Drive and influence across leadership levels regards initiatives and results, as well as participate in strategizing with portfolio credit teams
Ad hoc analytics / insights, validations, remediations
Execute batch tests / Challenger analytics
Responsible for process controls and maintaining regulatory review rhythm with Compliance, Legal & Fair Lending Teams
Supports related exams, audits and business continuity planning
Build for the future by understanding industry, economic and business needs
Analyze and explore datasets in order to find opportunities and support fraud innovation through data analytics
Perform other duties and/or special projects as assigned