Synchrony · 2 hours ago
VP, Compliance Model Governance & Supplier Management
Canton, OH
Full-time
Hybrid
Senior Level, Lead/Staff
$155K/yr - $260K/yr
8+ years expSynchrony is a company focused on combating financial crime and ensuring regulatory compliance. The VP, Compliance Model Governance and Supplier Management will oversee the governance of AML transaction monitoring and watchlist screening models, managing vendor relationships and leading strategic initiatives to enhance model performance and regulatory adherence.
Consumer LendingFinanceFinancial ServicesInsuranceVenture Capital
No H1B
Responsibilities
Lead the full lifecycle governance of AML transaction monitoring and watchlist screening models, including model selection, development, validation, implementation, ongoing monitoring, tuning, and retirement
Lead model projects working closely with vendors and/or cross-functionally
Work on data collection, data cleansing, methodology evaluation, model assessment, model development, testing and validation
Maintain comprehensive model documentation needed to meet regulatory requirements
Lead the model monitoring process, including root cause drivers of any material shifts in model performance and maintain model change logs
Manage audit and validation requests, and develop remediation plan for timely resolution on any issues uncovered through those requests
Act as the senior escalation point for model-related risks, regulatory inquiries, and audit findings
Direct and mentor AML model analysts, fostering cross-functional collaboration and knowledge sharing
Build trusted advisor relationships with Legal, Data Management, Operations, Technology and third-party vendors to drive continuous improvement
Present regular model performance and risk reports to senior leadership, regulatory bodies, and risk committees
Champion ongoing model performance monitoring and tuning initiatives to proactively identify model degradation, false positives/negatives, and emerging risks
Lead efforts to innovate and enhance existing models leveraging advanced analytics, AI/ML techniques, and new data sources
Own the end-to-end management of third-party model providers, including rigorous onboarding, due diligence, performance monitoring, and contract compliance
Lead vendor risk assessments, audits, and remediation activities to safeguard the integrity and reliability of outsourced models
In collaboration with Sourcing and Legal, negotiate service level agreements and model performance expectations with external partners
Maintain comprehensive, audit-ready documentation of model governance activities, validations, tuning, and issue remediation
Proactively engage with examiners and internal auditors, ensuring Synchrony’s AML models meet or exceed regulatory expectations
Lead response efforts to regulatory inquiries, internal findings, and industry developments related to AML/OFAC compliance modeling
Qualification
Required
Bachelor's degree required; advanced degree (MBA, MS in Data Science, Finance, or related field) strongly preferred; in lieu of a degree 11+ years of experience in AML/BSA compliance, model risk management, financial crime, or related regulatory roles within financial services
8+ years of experience in AML/BSA compliance, model risk management, financial crime, or related regulatory roles within financial services
2+ years management experience
6+ years' hands-on programming skills with proven experience utilizing Python, SAS, SQL, AWS, Data Lake to perform statistical analysis and manage complex or large amounts of data
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
Preferred
Deep expertise in transaction monitoring and watchlist screening models, including practical knowledge of model development, validation, and tuning
Proven leadership capabilities managing teams and cross-departmental initiatives in a fast-paced environment
Strong understanding of regulatory frameworks (BSA, AML, OFAC, FinCEN) and experience interfacing with regulators and auditors
Excellent analytical skills and ability to translate complex model risks to senior leadership and non-technical stakeholders clearly
Experience managing third-party vendors in a regulated environment, including contract negotiation and vendor risk management
Proficiency with GRC platforms, data analytics tools, and model risk management software preferred
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
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2026-01-21
Business News: Pasadena Star-News
2026-01-19
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