Synchrony · 1 hour ago
VP, Transactional Fraud Strategy & Innovation
Synchrony is a financial services company seeking a VP of Transactional Fraud Strategy & Innovation. This role is responsible for leading the portfolio transaction fraud strategy teams, driving innovation through new capabilities, and collaborating across teams to enhance fraud strategies and customer experience.
Consumer LendingFinanceFinancial ServicesInsuranceVenture Capital
Responsibilities
Lead Portfolio Fraud Strategy Team across products/platforms including new initiatives, setting objectives, guiding strategy development, driving innovation through leveraging PRISM teams for new data and technology build
Strong technical skills to bridge innovation investments & development (PRISM, new models etc.) to the point of strategy decision making
Create, analyze and explore datasets in order to find opportunities for fraud innovation through data analytics
Deep understanding behind today’s challenges, and vision to leverage agile teams & innovative techniques to deliver better solutions for tomorrow
Influence client and infrastructure teams to prioritize & deliver next gen fraud information & data-share
Maintain fraud policy discipline and drive champion / challenger strategy framework
Balance financial goals and customer experience objectives in orchestrating team’s activities
Partner with modeling teams/vendors to drive advanced targeting strategies
Collaborate with authentication & acquisition strategy to build cohesive strategies (e.g., synthetic id challenges)
Seed Innovation arising from investments, devise new ways to enhance efficacy & trouble solve use cases to be able to ingrain new POC’s and tools to the development teams
Engage with networks (e.g., Visa, MC) on industry trends, score models, and evolving protection mechanisms
Provide leadership in cross functional engagements across the Fraud teams on specific projects / initiatives
Responsible for process controls, & maintaining regulatory review rhythm with Compliance, Legal & Fair Lending
Supports related exams, audits and business continuity planning
Perform other duties and/or special projects as assigned
Qualification
Required
Bachelor's degree and 6+ years of experience building analytically derived strategies within Fraud, Credit, Marketing, Risk or Collections in Financial services, or in lieu of a Bachelor's degree, 10+ years of experience building analytically derived strategies in Fraud, Marketing, Risk or Collections in Financial services
4+ years of experience working with statistical tools such as SAS, Model Builder Decision Tree, Knowledge Seeker or others
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
Natural curiosity and passion to drive change in consumer banking for the better
Advanced programming with SAS, R or Python
Experience analyzing large data sets to derive strategic, segments, actionable credit insights
Experience using multiple Fraud Decision Systems (e.g. Credit Bureaus) to make fraud strategy decisions
Experience developing Consumer / Commercial Fraud Strategies
Ability to conduct advanced data analysis and complex designs algorithm
Experience using advanced modeling & data mining techniques (e.g. Machine learning, Big Data) to develop/ optimize Fraud strategies
Strong communication / relationship management / influencing skills / presentation skills and the ability to interact with and present to SYF senior leaders
Leadership experience operating at a strategic level as part of a cross functional team
Master's Degree or MBA with advanced analytic focus, or equivalent advanced degree
Company
Synchrony
Synchrony is a consumer financial services company.
Funding
Current Stage
Public CompanyTotal Funding
$500M2024-02-15Post Ipo Equity· $500M
2014-08-01IPO
Recent News
Benzinga.com
2026-01-21
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2026-01-19
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