Job Description:
**Role Summary/Purpose:**
The AVP, Fraud Strategy - Commercial will work on acquisitions strategy development efforts addressing identity fraud risks. In this role you will provide analytical insights, support and recommendations for acquisitions fraud strategies, initiatives, and projects. You will work with colleagues in Acquisition Fraud Strategy and cross-functionally to ensure risk strategies are performing as expected.
**_Our Way of Working_**
**_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._**
**Essential Responsibilities:**
+ Optimize existing strategies and develop new, product, client and channel level acquisition fraud strategies, focused specifically on Commercial applications (BRC, PROX), that minimize both Synchrony's and the retailers' risk, while continuing to grow the portfolio.
+ Make recommendations for tactical and strategic action plans for execution within Credit and other functional areas as needed by collecting and analyzing data from various sources to identify fraud patterns and risks.
+ Support acquisitions fraud strategy initiatives as well as enhancement projects using latest techniques and test/control processes.
+ Perform pre-implementation strategies and model validations
+ Facilitate and install fraud monitoring and tracking systems designed to quantify the differences in effectiveness of alternative fraud strategies.
+ Drive enhanced strategies, using champion/challenger learnings to manage fraud exposure while helping drive growth.
+ Work with portfolio credit team to ensure consistency in business plans.
+ Leverage and incorporate breadth of portfolio acquisitions fraud management experience into value-added best practices.
+ Committed to Support business initiatives.
+ Perform other duties and/or special projects as assigned.
**Qualifications/Requirements:**
+ Bachelor's degree and 3+ years' experience with data/analytics or credit/fraud in the financial services industry; in lieu of bachelor's degree, 5+ years' experience with data/analytics or credit/fraud in the financial services industry.
+ 3+ years of experience in retail, business, installment loans, or private label credit.
**Desired Characteristics:**
+ Knowledge of the complexities of the Commercial (BRC, PROX) application process
+ In depth knowledge of KYB/KYC requirements and processes
+ Experience using business and identify verification tools and solutions
+ Degree in Economics, Finance, Mathematics, Criminal Justice, Business or Statistics preferred.
+ Experience operating at a strategic level as part of a cross-functional team.
+ Use of advanced technical & analytical competencies in driving effective strategic goals within a significant functional area.
+ Strong communication and presentation skills.
+ Ability to multitask and perform in a fast-paced environment.
+ Demonstrated problem-solving and critical thinking skills.
+ Experience with SynApps and Edison platforms a plus.
+ Experience with CDCI, PDR and CLBP2 database a plus.
**Grade/Level: 10**
**Grade/Level: 10**
The salary range for this position is **100,000.00 - 170,000.00** 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.
+ 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 18 months' time in position before they can post. All internal employees must consistently meet performance expectations 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 expectations).
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 an inclusive culture where your individual skills, experience, and voice are not only heard - but valued. Together, we're building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow.
This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. We're proud to have an award-winning culture for all.
**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
**Job Family Group:**
Credit