Avp, Fair And Responsible Banking

Job Description:

Role Summary/Purpose:

Assist the VP, Fair and Responsible Banking with the design, build and implementation of a program to further enhance the identification, monitoring and reporting of aggregate risk related to unfair, deceptive or abusive acts or practices ("UDAAP"). Further, this role will assist in the development and implementation of the UDAAP Risk Assessment and enhancements to the existing Fair Lending Risk Assessment.

We're proud to offer you choice and flexibility. You have the option to be remote, and work from home, or come into one of our offices. You may be occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.

Essential Responsibilities:

• Assist in the design and implementation of a stand-alone UDAAP Risk Assessment as a supplement to the Compliance Risk Assessment, demonstrating the linkage of inherent risk, control environment and residual risk specific to UDAAP at the product level.

• Assist in the enhancement of the existing Fair Lending Risk Assessment ("FLRA") through mapping of the regulatory defined inherent risk factors to fair lending laws and regulations.

• Assist in standardizing risk assessment expectations and guidelines when identifying and mitigating fair and responsible banking risk associated with new products, clients, suppliers, capabilities and processes.

• Assist with the review of the Fair and Responsible Banking Policy and supporting procedures.

• In collaboration with other compliance subject matter experts, provide effective challenge and oversight as it relates to new and existing products, capabilities and processes for limited English proficiency customers. In addition, review and recommend changes as necessary to any business policies, procedures and guidelines associated with the origination and servicing of financial products for limited English proficiency consumers.

• Assist in the development of communications and training materials to educate business leaders, employees and third party suppliers regarding fair and responsible banking.

• Keep pace with the latest developments in the regulatory environment and the financial services industry to provide guidance as it relates to fair and responsible banking and the servicing of limited English proficiency consumers

• Perform other duties and/or special projects as assigned.

Qualifications/Requirements:

• Bachelor Degree and 3+ years of risk management or compliance experience in financial services or in lieu of the Bachelors, a minimum of 5+ years of risk or compliance experience

• Ability to interpret and apply various fair lending laws and regulations

• Working knowledge of policies, procedures and operations related to fair lending

• Knowledge and experience with Microsoft Office (Excel, Word, Power Point and Access)

Desired Characteristics:

• Excellent organizational skills and ability to manage time efficiently

• Ability to influence and collaborate across a matrixed organization

• Highly motivated individual with the ability to be proactive in risk identification, take initiative, and carefully monitor, follow through, and complete responsibilities in a professional and timely manner

• Excellent interpersonal and communication skills, with the ability to interact effectively with and present to all levels within the organization.

Grade/Level: 10

The salary range for this position is 75,000.00 - 130,000.00 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 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. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+, with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.

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.

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:

Risk Management