VP, Transactional Fraud Strategy & Innovation

Role Summary/Purpose

The VP, Fraud Strategy & Innovation roleis responsible for leading the portfolio transaction fraud strategy teams as well asdriving futurestrategy infrastructure and transformation innovation into through new capabilities (data,technology and techniques).

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.

• Lead Portfolio Fraud Strategy Team across products/platforms including new initiatives, settingobjectives, guiding strategy development, driving innovation through leveraging PRISM teams for new data and technology build

• Strong technical skills to bridge innovation investments & development (PRISM, new models etc.) to the point of strategy decision making

• Create,analyze and explore datasetsin order tofind opportunities for fraud innovation through data analytics

• Deep understanding behind today’s challenges, and vision toleverageagile teams & innovative techniques to deliver better solutions for tomorrow

• Influence client and infrastructure teams to prioritize & deliver next gen fraud information & data-share

• Maintain fraud policy discipline and drive champion / challenger strategy framework

• Balance financial goals and customer experienceobjectivesin orchestrating team’s activities

• Partner with modeling teams vendors to drive advanced targeting strategies

• Collaborate with authentication & acquisition strategy to build cohesive strategies (e.g., synthetic )

• Seed Innovation arising from investments, devise new ways to enhance efficacy & trouble solve use cases to be able to ingrain new POC’s and tools to the development teams.

• Engage with networks (e.g., Visa, MC) on industry trends, score models, and evolving protection mechanisms

• Provide leadership in cross functional engagements across the Fraud teams on specific projects / initiatives

• Responsible for process controls, &maintainingregulatory review rhythm with Compliance, Legal & Fair Lending

• Supports related exams,auditsand business continuity planning

• Perform other duties and/or special projects as assigned

• Bachelor’s degree and 6+ years of experience building analytically derived strategies within Fraud, Credit, Marketing, Risk or Collections in Financial services, or in lieu of aBachelor'sdegree,10+ years of experience building analytically derived strategies in Fraud, Marketing, Risk or Collections in Financial services.

• 4+ years of experience working with statistical tools such as SAS, Model Builder Decision Tree, Knowledge Seekerorothers.

• Ability and flexibility to travel for business as required

• Natural curiosity and passionto 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 experienceoperatingat a strategic level as part of a cross functional team

• Master’s Degree or MBA with advanced analytic focus, or equivalent advanced degree

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The salary range for this position is - USD Annual and is eligible for an annual bonus based on individual and company performance.

Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

Salaries are adjusted according to market in CA, NY Metro and Seattle.

• You must be 18 years or…