AVP, Model Development (L10)

Synchrony Financial • Alpharetta, GA 30023

Posted 2 weeks ago

Job Description

Job Description:

Role Summary/Purpose:

This AVP, Model Development role will develop statistical and machine learning models and analytical solutions for various business functions in Synchrony, including consumer/commercial acquisition risk, customer behaviors, customer experience, marketing and operational risk. This includes model design, data extraction, model development, model documentation and validation, communicating to stake holders, and relevant ad-hoc analysis.

Essential Responsibilities:

* Design and develop statistical and machine learning models using large datasets to predict performance targets per model design specifications;

* Extract and manipulate large datasets from data warehouses and Hadoop to prepare for modeling samples, using SQL, SAS, Python, Spark and other tools.

* Establish scalable, efficient processes for large scale data analyses, model development, and model implementation;

* Solve modeling and ad-hoc problems creatively with strategic insights;

* Coordinate with third party vendors to develop custom models for Synchrony, and evaluate such solutions for their efficacy and risks;

* Write model documentation and support model validation process. Ensure modeling process compliance with internal and external regulatory guidance;

* Keep pace with the latest developments in risk modeling, data science, machine learning and regulatory environment in order to provide expert guidance to the business functions;

* Perform other duties and/or special projects as assigned


* Bachelor's degree in quantitative field OR in lieu of degree 7+ years experience in statistical modeling within financial services or related industries

* 3+ years of progressive work experience OR Master's/PhD degree and 2+ years of progressive work experience including:

* 2+ year experience with large scale data manipulation within data warehouse or big data platforms

* 2+ year experience with SAS, SQL, Python or other data science programming languages;

Desired Characteristics:

* Master's or PhD Degree in Statistics, Computer Science, Math or related quantitative fields

* Experience with machine learning modeling using Python, PySpark, Tensorflow, or similar software systems

* Experience with the application of regulatory requirements for Model Risk (e.g. SR 11-7/OCC 2011-12)

* Experience with model documentation and ability to explain technical items to business stake holders

* Proven knowledge of credit scoring models, credit bureau, master file and transaction data

* Strong project management, execution skills and attention to detail

* Proven written/verbal communication, problem solving and inter-personal skills, with the flexibility to adapt to a matrix organization structure

Eligibility Requirements:

* 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 selection process

* You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

* Effective 1-1-18, 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 24 months' time in position before they can post. All internal employees must have at least a "consistently meets expectations" performance rating 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 requirement).

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.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Reasonable Accommodation Notice:

* Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

* If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am 5pm Monday to Friday, Central Standard Time.

The salary range for this position is 60,000.00 - 130,000.00 USD Annual

Salaries are adjusted according to market in CA and Metro NY and some positions are bonus eligible.

Grade/Level: 10

Job Family Group:

Regulatory and Compliance


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