SVP, Credit Acquisition Strategy

Job Description:

Reporting to the SVP Acquisition and Early Lifecycle, the SVP Credit Acquisition Strategies will lead a team focused on enterprise-wide credit strategy for account acquisition. This includes score and attribute selection, tool utilization, and data analytics to build strategies for approval decisions, initial line assignments, multi-product optimization, and robust strategy testing and monitoring.

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 may be required to commute or travel for in person engagement activities such as business or team meetings, training and culture events.

• Lead a team in development and enhancement of new account credit strategies that drive profitable growth for Synchrony and clients across the enterprise while operating within the risk appetite
• Develop and track core acquisition credit strategies at the product and client level that minimize both Synchrony’s and the retail partners’ risks, while balancing the risk–reward tradeoff
• Drive scalable acquisition strategies that reduce operational risk, enable rapid adjustments in response to new data or data sources, while still providing risk/reward customization at a portfolio level
• Evaluate multiple data sources to evaluate and uncover insights and integrate into acquisition strategies. Partner with external partners to identify new data sources
• Utilize advanced underwriting techniques to optimize acquisition strategies and new account credit decisions
• Identify and communicate how acquisition actions impact overall portfolio performance (understanding portfolio and platform nuances)
• Maintain detailed strategy performance projections and a performance monitoring platform to measure performance vs. projections; oversee the governance of performance breaches
• Approve strategy changes within the delegated Lending and Investment Authority
• Work closely with Credit portfolio leaders to ensure strategies support both business and client objectives, while maintaining a straightforward, standardized, enterprise-wide decision structure
• Work effectively cross-functionally to drive smart growth and client satisfaction.
• Support driving enhanced strategies and a test/learn/react framework to manage credit exposure and optimize risk/reward tradeoff
• Coordinate planning cycle with portfolio teams to ensure consistency in business plans
• Manage the credit bureau strategy, planning, and budget including regularly interacting with
• Oversee the growth and development of the Acquisition and Early Lifecycle Strategy organization
• Drive the enhancement of credit monitoring and report-out of acquisition metrics designed to identify credit risk exposure and effectively develop mitigants
• Perform other duties and/or special projects as assigned
• As the business model owner for ~20 acquisition models, work closely with the model development and monitoring teams to optimize model performance and understand impacts on strategy
• Manage the L3 governance for the Acquisition Credit Strategy Development process, ensuring the acquisition L3 process has effective controls in place and is operating in compliance with regulations and standards
• Interact with regulators on quarterly reviews and periodic exams that include the acquisition process
• Perform other duties and/or special projects as assigned.

• Bachelor’s degree and 10+ years’ experience in strategic credit/risk management; in lieu of a degree 12+ years’ experience in strategic credit/risk management
• 3+ years' experience with credit decision systems
• 5+ years’ experience in credit risk strategy development or enterprise analytical role in consumer credit
• 3+ years’ experience managing teams
• 3+ years of experience with advanced SAS or other similar data analytics tool
• Ability and flexibility to travel for business as required

• Experience operating at a strategic level as part of a senior leadership team
• Background in establishing a business wide philosophy for…