AVP, Model Validation at Synchrony Costa Mesa, CA

Job Description

Role Summary / Purpose : The AVP, Model Validation is responsible for model validation focusing on Loss / reserve / recovery forecast, AML, collection and other models and ensure they are meeting Model Risk Management policies, standards, procedures and regulations (SR 11-7). This role requires sufficient expertise to serve as project lead and accountability for validation results on a wide range of model categories under adequate technical supervision.

Way of Working

We offer choice and flexibility. You may work from home, near a hub, or in an office. Occasional travel for in-person engagement such as meetings, training, and culture events may be required.

Eligibility / Visas

Applicants external to Synchrony on H-1B visa must have at least 2 years of eligibility remaining. L1 visa would be considered for internal candidates meeting requirements. Applicants on other visas (e.g., F-1) must have at least 2 years of eligibility.

Essential Responsibilities

• Serve as a key contributor to perform full-scope end-to-end model review, annual review, ongoing monitoring of model performance for internally and vendor-developed models, including new and existing statistical / ML or non-statistical models; identify potential issues requiring investigation and resolve problems.
• Lead and supervise the full-scope validation and other reviews; accountability for validation quality; drive timelines and completion with minimal guidance.
• Provide coaching and guidance to junior team members; facilitate continuous improvement and a supportive team environment.
• Perform in-depth analyses on model methodologies, assumptions, and performance trends; identify key model risks, limitations, and issues for in-house and third-party models.
• Keep pace with latest model developments to provide technical consultation and process improvement to MRM.
• Provide support during regulatory examinations and internal audits by preparing documentation and addressing inquiries.
• Collaborate with Synchrony functional teams to identify model risks; maintain model and validation documentation; produce analyses and reports.
• Perform other duties and special projects as assigned; support model governance initiatives.

Qualifications / Requirements

Desired Characteristics

Grade / Level : 10

The salary range for this position is 95,000.00 - 160,000.00 USD Annual and is eligible for an annual bonus based on performance. Actual compensation offered will be based on experience and market. Visa and internal policies apply as stated.

Our Commitment : We are committed to diversity and inclusion and ensure qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Reasonable Accommodation Notice : Federal law requires reasonable accommodation for qualified individuals with disabilities. If you require accommodations to apply or perform your job, contact Career Support Line at 1-866-301-5627. Hours : 8am-5pm CT, Monday–Friday.

Job Family Group : Credit

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