Synchrony · 2 days ago
VP, Risk Audit Manager - Modeling
Charlotte, NC
Full-time
Hybrid
Senior Level, Lead/Staff
$135K/yr - $230K/yr
10+ years expSynchrony is a company focused on providing financial services and solutions. They are seeking a VP, Risk Audit Manager - Modeling responsible for planning and executing audits related to model risk management, ensuring effective governance and controls within the company's modeling framework.
Consumer LendingFinanceFinancial ServicesInsuranceVenture Capital
No H1B
Responsibilities
Contribute to the direction and focus of the Credit, Analytics & Models Internal Audit Team through active engagement in risk assessment, audit planning, and continuous monitoring processes
Lead and perform audits of modeling activities including evaluating model development, governance, validation, ongoing monitoring, model inventory, models, segmentation tools, Gen AI, NMTs, and end-user computing tools (EUCs)
Support detailed process walkthroughs with management, including the identification of process risks and controls
Document clear audit work papers that succinctly articulate purpose, scope, procedures, and conclusions of test work performed
Assess inherent, control, and residual risks with a strong understanding of model build and use with in private label credit card processing and associated risks
Draft audit plans, develop audit tests, and lead audit execution. Identifying and assessing the impact of control deficiencies
Lead coordination of testing with various audit teams, external auditors, consultants, and Second Line of Defense
Track and validate findings/issues to ensure they are appropriately addressed
Prepare high quality audit deliverables including planning memoranda, audit programs, working papers audit issues and reports
Present audit results to various levels of Internal Audit leadership, as well as the audit stakeholders within the organization
Ensure Audit Managers have developed and documented clear audit work papers that succinctly articulate the process, risks, controls, test results, and conclusions
Ensure audits conform with professional and departmental standards, budgets, and timelines
Build and maintain strong working relationships with key stakeholders
Lead the research of relevant banking, regulation, reporting, and model topics
Serve as a model subject matter advisor and technical resource for the audit department
Maintain technical subject matter expertise in models, model risk management, internal audit competency through ongoing professional development
Maintain understanding of current and emerging risks within models and model risk management
Perform other duties and/or special projects as assigned
Qualification
Required
Bachelor or advance quantitative degree in statistics, mathematics, economics or an equivalent related field and 10 years of relevant experience in audit, risk management, or financial services
Minimum of 7 years of model and internal audit experience within financial services (i.e. consumer banking, credit cards). Proven experience in risk and control theory and professional auditing practices including internal auditing standards and requirements set out by Institute of Internal Auditors
Ability and flexibility to travel for business as required
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
Preferred
Minimum 7-10 years working with models, model risk management, internal audit or equivalent experience in Big 4 accounting
Knowledge and experience with general purpose and private label credit card products and processing
Knowledge and experience with regulatory risk management requirements and related guidance
Prior experience auditing, examining, or working in a financial/regulatory environment
Experience interacting with regulators and auditors is sternly preferred
Experience leading high-performance teams; coaching and developing talent
Experience working independently on multiple assignments, with minimum supervision, while effectively supporting teamwork and achievement of team objectives
Knowledge and experience in control theory and professional auditing practices
Ability to effectively integrate business, operational, technological, and financial components into audit work performed
Ability to objectively identify problems and recommend solutions to complex control, financial, or technical issues
Understands all relevant business technologies and their impact to the control environment. Strong written and verbal communication skills to deliver to line management high quality, actionable feedback on a variety of audit related issues
Strong analytical, risk management, and problem-solving skills
Ability to read and write code in various programming languages (i.e., SAS, Python, R)
Currently hold or is actively pursuing CPA, CIA, or other relevant professional certification
Benefits
Annual bonus based on individual and company performance
Company
Synchrony
Synchrony is a consumer financial services company.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$500M2024-02-15Post Ipo Equity· $500M
2014-08-01IPO
Leadership Team
Brian Doubles
President & CEO
Raj Deol
SVP, Sam’s Club Marketing Leader
Recent News
Benzinga.com
2026-01-21
Business News: Pasadena Star-News
2026-01-19
Company data provided by crunchbase