VP, Compliance Program jobs in United States
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Synchrony · 16 hours ago

VP, Compliance Program

Synchrony is a leading company in the financial services sector, seeking a VP of Compliance Program. The role involves providing leadership and direction for Synchrony’s Compliance Management Program, focusing on managing compliance policies, coordinating regulatory assessments, and overseeing compliance-related activities.

Consumer LendingFinanceFinancial ServicesInsuranceVenture Capital
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Growth Opportunities
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Responsibilities

Represent Compliance as a voting member on the Policy Review Group; maintain/update Compliance policies and procedures in a timely manner and in accordance with regulatory expectations
Partner with the Legal Department, the broader Compliance organization, and impacted business stakeholders to ensure timely assessment and implementation of regulatory changes resulting from new laws/rules/regulations, regulatory guidance, industry enforcement actions and consent order analysis
Manage the relationship with a third party vendor responsible for horizon scanning
Coordinate monthly Compliance Sub-Committee meetings including scheduling; agenda and content preparation, including dashboards; gathering updated KRI/risk appetite/Compliance issue data, and maintain the Sub-Committee Charter
Collaborate across Compliance to develop and schedule annual monitoring activities on the Compliance master schedule and include thematic results of monitoring within Compliance Sub-Committee reporting
Partner with Risk Learning & Development, HR, and Risk Testing to execute the Compliance Skills Assessment
Coordinate across Compliance for related regulatory examinations, internal audits and other supervisory activities; prepare responses pertinent to the Compliance Program and create/update or collaborate with others to obtain necessary supporting artifacts responsive to exam and/or audit requests
Maintain Compliance 'process' records in eGRC system encompassing the above-stated activities and participate in the company’s Risk & Control Self-Assessment (RCSA) to ensure periodic risk assessments of those processes; oversee the 'process universe' for Compliance to ensure it encompasses key components of the Compliance Program
Partner with the RCSA team to ensure Compliance risk oversight subject matter experts (SMEs) are trained and participating in second line of defense credible challenge of processes with Compliance risk across the enterprise
Coordinate bi-monthly All Compliance meetings, bi-weekly CCO coffee chats and support annual departmental goal-setting
Maintain and update Compliance SharePoint pages/sites, organizational charts, and training/resource materials to support the Compliance organization
Collaborate with Risk Technology to enhance and/or build necessary workflows to support the Compliance organization and partner with Compliance SMEs to understand and gather necessary business requirements, as needed
Manage a team of compliance resources dedicated to supporting and driving enhancements as it relates to processes described in the above responsibilities
Other duties & functions, as needed

Qualification

Compliance managementRisk managementTeam managementConsumer financial servicesRegulatory complianceCommunication skillsMicrosoft applicationsEGRCSharePointTableauCertified Regulatory Compliance ManagerStrategic thinking

Required

Bachelor's degree or in lieu of degree and 5+ years of consumer financial services and/or internal audit experience within a consumer financial institution; in lieu of a degree 9+ years of consumer financial services and/or internal audit experience
5+ years of experience with compliance and/or risk management in consumer financial services
5+ years managing a team in compliance and/or risk management in consumer financial services

Preferred

Strategic thinker who can identify problems and/or efficiency opportunities within the Compliance Program & Initiatives team, recommend a course of action (soliciting stakeholder input as needed), and independently drive enhancements in an efficient and proactive manner
Ability to manage multiple priorities and deadlines; establish deadlines to hold self and team accountable
Ability to build strong relationships and become a trusted partner with cross-functional teams (Risk, Compliance, Legal and the first line of defense)
Strong written and verbal communication skills – attention to detail is critical; ability to synthesize complex or voluminous content into succinct, executive and Board-level messaging and presentations with senior management support
Understanding of regulatory, financial industry related guidance and best practices applicable to banking operations, effective compliance management systems, and the broader risk management framework
Experience in engaging with and presenting to SVP/EVP-level leaders and regulators
Proficient in Microsoft applications, including Excel, PowerPoint and Word; familiarity with eGRC, SharePoint, and Tableau
Understanding of how to effectively leverage artificial intelligence to drive operational efficiencies
Experience managing exempt level professionals
Experience managing people and/or leading in a matrixed environment
Certified Regulatory Compliance Manager (CRCM) or similar certification

Company

Synchrony

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Synchrony is a consumer financial services company.

Funding

Current Stage
Public Company
Total Funding
$500M
2024-02-15Post Ipo Equity· $500M
2014-08-01IPO

Leadership Team

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Brian Doubles
President & CEO
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Raj Deol
SVP, Sam’s Club Marketing Leader
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Company data provided by crunchbase