VP, ACL & Capital Analytics Oversight

Company: Synchrony
Location: Seattle
Posted on: March 29, 2025

Job Description:

Job Description:Role Summary/Purpose:The role of Vice President, ACL & Capital Analytics Oversight is responsible for Risk oversight of the analytical tools and overlays used in the ACL, Loss Forecasting, Capital Planning and Stress Testing processes. Specifically, this role will focus on evaluating Non Model Tools ("NMT"s) and any modeling overlays used in these areas. The role reports to the VP, Capital and ACL Oversight.Our Way of WorkingWe'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.Essential Responsibilities:

• Provide effective challenge of all modeling overlays used for ACL, Loss Forecasting, Capital Planning and Stress Testing using documentation and rationale provided by the 1st Line of Defense.
• Evaluate differences between primary and benchmark modeling outputs and configurations in support of modeling overlay considerations.
• Provide effective challenge of Non-Model Tools ("NMT"s) used in the ACL, Loss Forecasting, Capital Planning and Stress Testing processes and evaluate for reasonability, accuracy and governance controls in accordance with the Synchrony NMT Standards.
• Review methodology for determining historic mean values used in calculating ACL as well as the approach for mean reversion.
• Evaluate applicability and usage of multiple macroeconomic scenarios.
• Present findings at the ACL Working Group, ACL Committee, or the Operational Risk Committee (for NMTs) where appropriate.
• Drive the Enterprise Risk Assessment ("ERA") and Risk Aggregation quarterly processes for ACL/LF and Capital.
• Execute disciplined Issues Management process by ensuring that ACL/LF and Capital risk issues are reported and escalated if necessary, and action plans executed according to Synchrony Financial procedures.
• Review ACL, Loss Forecasting, Capital Planning and Stress Testing provided RCSAs, RAQs and PRCs and independently assess accuracy and completeness of risks and controls.
• Review and propose update of the ACL and Capital Risk Oversight procedures at least annually.
• Collaborate with other cross risk pillars leads on thematic issues or emerging risks.
• Provide mentorship and development to junior members of the team or other risk colleagues.
• Support regulatory meetings, examinations and internal audits of the ACL and Capital oversight processes.Qualifications/Requirements:
  • Bachelor's degree in Risk or Accounting related field (Business, Economics, Finance, Accounting, Math/Stat, Operations Research, etc.) and 6+ years of relevant Risk, ACL, Loss Forecasting, Capital Planning, Stress Testing or portfolio analytics experience; OR 10+ years of experience in financial services or related field.
  • 3+ years of people management experience within financial services, consulting or audit.Desired Characteristics:
    • MBA or certification preferred (FRM, CFA, CPA, etc.).
    • Demonstrated ability to effectively challenge and influence.
    • Excellent verbal and written communication skills.
    • Ability to work independently in fast paced environment.
    • Previous experience in independent oversight role.
    • Excellent interpersonal skills - ability to foster relationships and build informal networks without compromising independence.
    • Demonstrated ability to manage multiple priorities and work to tight deadlines.
    • Demonstrated experience analyzing business data with the ability to distill large amounts of information down to the critical areas of focus.
    • Ability to create and deliver business presentations and communicate effectively.Grade/Level: 13The salary range for this position is 130,000.00 - 210,000.00 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.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 onboarding process.
      • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.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.Our Commitment:When you join us, you'll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work.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.Job Family Group:Risk Management
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Keywords: Synchrony, Seattle , VP, ACL & Capital Analytics Oversight, Executive , Seattle, Washington