AVP, Model Validation
Not Disclosed•Full-TimeHybrid
location_on200 West Jackson, 200, West Jackson Boulevard, Financial District, Loop, Chicago, South Chicago Township, Cook County, Illinois, 60606, United States
About the Team
At Synchrony, we are building a future where everyone can belong, connect, and turn ideals into action. Our culture is inclusive, valuing individual skills and voices. More than 50% of our workforce engages in Employee Resource Groups (ERGs), creating a safe space where community and passion intersect to foster learning and growth.
About the Role
The AVP, Model Validation serves as a key leader within our Risk organization, ensuring that our credit acquisition, account management, fraud, and marketing models adhere to Model Risk Management policies and regulatory standards (OCC2011-12/SR 11-7). This role exists to independently validate the accuracy and performance of complex statistical, AI, and ML models, identifying risks and resolving issues to protect the business.
You will operate with a high level of expertise and minimal technical supervision. Your day involves leading validation projects, performing in-depth analysis on large datasets, and collaborating with business teams to highlight model risks. You will also provide expert guidance on the latest developments in academia and the regulatory environment, supporting internal audits and regulatory examinations.
Our Way of Working
We are proud to offer flexibility. At Synchrony, you have the option to work from home near one of our Hubs or come into one of our offices. You will be required to commute to your nearest Hub for in-person engagement activities, such as regular business or team meetings, training, and culture events. Please note that occasional travel may be required for business purposes.
Hiring Process & Application
To apply, please ensure you meet the eligibility requirements, including being 18 years or older and having legal authorization to work in the U.S. (we do not sponsor employment visas for this role). The onboarding process includes a drug test, background investigation, and fingerprint submission.
If you require a reasonable accommodation to apply for a job or to perform your job, please contact our Career Support Line at 1-866-301-5627 (8am – 5pm CST, Monday to Friday). Representatives can assist with changes to the application process, alternate document formats, or specialized equipment.
Equal Opportunity
Synchrony is an equal opportunity employer. We consider all qualified applicants without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. We are committed to maintaining an award-winning culture for all.
Work location
Work model: Hybrid
200 West Jackson, 200, West Jackson Boulevard, Financial District, Loop, Chicago, South Chicago Township, Cook County, Illinois, 60606, United States
Chicago, Illinois
Key Responsibilities
- check_circlePartner with business teams to identify and highlight risks associated with model performance
- check_circleLead model validation projects for credit acquisition, fraud, and marketing models with minimal supervision
- check_circleCollaborate with risk teams to validate model accuracy and resolve identified issues independently
- check_circlePerform end-to-end validation of new and existing models developed internally or by vendors
- check_circleSupport regulatory examinations and internal audits of modeling processes and model samples
- check_circleProvide technical consultation and process improvements based on academic and industry research
- check_circleReview and maintain model documentation while conducting in-depth analysis of large datasets
Requirements
- verifiedMaster's degree in Statistics, Mathematics, Data Science or related quantitative field
- verified4+ years' experience in model development or model validation in financial services, banking, or retail
- verified4+ years of hands-on experience with Python, R, SAS, SQL, SPARK, Data Lake, H2O, SageMaker, and AWS
- verified4+ years of statistical analysis and handling large amounts of data
- verified4+ years of experience with US regulatory requirements for Model Risk Management
- verifiedAbility and flexibility to travel for business
- verifiedMust be 18 years or older
- verifiedMust have a high school diploma or equivalent
- verifiedMust be willing to take a drug test, submit to a background investigation, and submit fingerprints
- verified
Nice to Have
Strong knowledge of Regulatory requirements for Model Risk Management with proven track records of delivering Regulatory requirements. 5+ years of proven experience in Model Risk Management in modeling and validation in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline. Experience in people and project management, including demonstrated ability to develop actionable plan to meet high level objectives, strong execution, and timeline sensitive deliverables. Knowledge of Credit Card/Consumer Finance products and business model. Experience with Machine Learning / AI methodologies and related applications, including generative AI model validation and validation framework development. Excellent written and oral communication and presentation skills.
Benefits & Perks
check_circleFlexible work options including remote work near hubs or office access
Similar Job Opportunities
Skills, education and keywords
Skills: Python, R, Sas, SQL, Spark, Data Lake, H2o, Sagemaker, Aws, Machine Learning.
Education: Master's degree in Statistics, Mathematics, Data Science or related quantitative field; High school diploma or equivalent.
Frequently asked questions about AVP, Model Validation at Synchrony
What does a AVP, Model Validation at Synchrony do?expand_more
In this AVP, Model Validation at Synchrony role, you will partner with business teams to identify and highlight risks associated with model performance; lead model validation projects for credit acquisition, fraud, and marketing models with minimal supervision; collaborate with risk teams to validate model accuracy and resolve identified issues independently; and perform end-to-end validation of new and existing models developed internally or by vendors.
What are the requirements for this AVP, Model Validation role?expand_more
To qualify for the AVP, Model Validation at Synchrony position, applicants should have: Master's degree in Statistics, Mathematics, Data Science or related quantitative field; 4+ years' experience in model development or model validation in financial services, banking, or retail; 4+ years of hands-on experience with Python, R, SAS, SQL, SPARK, Data Lake, H2O, SageMaker, and AWS; 4+ years of statistical analysis and handling large amounts of data; 4+ years of experience with US regulatory requirements for Model Risk Management; and Ability and flexibility to travel for business.
Where is the AVP, Model Validation role at Synchrony located?expand_more
AVP, Model Validation at Synchrony is based in 200 West Jackson, 200, West Jackson Boulevard, Financial District, Loop, Chicago, South Chicago Township, Cook County, Illinois, 60606, United States. This is a hybrid role.
Is this AVP, Model Validation job remote, hybrid, or on-site?expand_more
Synchrony has listed this AVP, Model Validation role as hybrid.
How much experience is required for this AVP, Model Validation role?expand_more
AVP, Model Validation at Synchrony typically requires 4+ years of relevant experience at the senior level.
What skills do you need for the AVP, Model Validation role at Synchrony?expand_more
Key skills for AVP, Model Validation at Synchrony include Python; R; Sas; SQL; Spark; Data Lake; H2o; and Sagemaker.
What education is required for AVP, Model Validation at Synchrony?expand_more
Educational requirements for this role: Master's degree in Statistics, Mathematics, Data Science or related quantitative field; and High school diploma or equivalent.
What category does the AVP, Model Validation role belong to?expand_more
AVP, Model Validation at Synchrony is part of the accounting & finance job category on Recrutus.