AVP, AML Model Governance and Supplier (L10)

Role Title: AVP, AML Model Governance and Supplier (L10) Company Overview: Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation’s most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is proud to be named as #3 as a Great Place to Work® in India and is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com. 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: This position provides support to BSA/AML/OFAC team’s model risk management activities and support the BSA/AML/OFAC team with various quality assurance and governance items. Primary responsibilities will include leading the tuning of AML models, including comprehensive above-the-line (ATL) and below-the-line (BTL) testing, segmentation analysis, and other model requirements. This position will exercise effective challenge across teams including third-party vendors to ensure rigorous risk management and effective model performance. This role also involves strategic oversight, complex problem-solving, and direct interaction with leadership.

Model Risk Management & Governance Act as the primary point of contact representing the BSA/AML/OFAC team  in engagements with the Model Risk Management (MRM) team, overseeing the technical, monitoring, and  change management aspects of AML models. Lead and complete all pre-implementation model documentation and work with the MRM to ensure all requirements are met including compliance with existing policies, standards, and procedures as applicable prior to deployment of any new models Develop, recommend, and perform data analytics and checks to ensure development data and operational data are appropriate for the model. Develop, recommend and drive metrics for continuous evaluation of model performance effectiveness Lead, prepare, validate, and present  to leadership the on-going monitoring reports, with a focus on insights, trend analysis, and proactive risk identification and submit for approval by the BSA/AML/OFAC leadership team Work with third-party suppliers for any third-party models in use by the BSA/AML/OFAC team to ensure all models are maintained at Synchrony required standards Lead and participate in AML model tuning  including the planning, execution, and  documentation of above-the-line (ATL) and below-the-line (BTL) testing activities, segmentation analysis, pre-implementation testing, and other model efforts to