What are the responsibilities and job description for the VP, Credit Bureau Reporting Governance Lead position at Synchrony?
E2500171-19
Job Description
Role Summary/Purpose:
The role of VP, Credit Bureau Reporting Governance Lead will be responsible for ensuring controls are designed to properly mitigate risks across business processes; co-manage large project initiatives such as Installment reporting from Fiserv. This role will assist the Bureau Reporting Leader in enhancing and managing governance structures for the business to ensure compliance in Credit Bureau Reporting, and enhancing controls, policy and procedures in Credit Bureau Reporting.
Our Way of Working
We’re proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events.
Essential Responsibilities
The salary range for this position is 110,000.00 - 185,000.00 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
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
Credit
Job Description
Role Summary/Purpose:
The role of VP, Credit Bureau Reporting Governance Lead will be responsible for ensuring controls are designed to properly mitigate risks across business processes; co-manage large project initiatives such as Installment reporting from Fiserv. This role will assist the Bureau Reporting Leader in enhancing and managing governance structures for the business to ensure compliance in Credit Bureau Reporting, and enhancing controls, policy and procedures in Credit Bureau Reporting.
Our Way of Working
We’re proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events.
Essential Responsibilities
- Ensure the controls from the L3 process that touch, create or manipulate data used in our Systems of Record are robust and complete to mitigate the risks created within the L3 processes.
- Manage large project initiatives in partnership with the AVP, Commercial Bureau Reporting Lead, AVP, Installment Credit Bureau Reporting Lead or VP, Credit Bureau Strategic Initiatives Lead.
- Use evidence and the 5-whys process to perform Root Cause Analysis on the data to find the source of inaccuracies and determine where additional controls are needed or need enhanced.
- Assist the Bureau Reporting Leader in enhancing and managing governance structures for the business to ensure compliance for all regulatory concerns including the Fair Credit Reporting Act (FCRA), the Fair Credit Billing Act (FCBA), Equal Credit Opportunity Act (ECOA) and the Credit Reporting Resource Guide (CRRG) derived by the Consumer Data Industry Association (CDIA).
- Responsible for driving closed loop reporting on identified data inaccuracies that have been identified
- Drive the development and maintenance of Credit Bureau Reporting Governance Lead job aids to align with remediation process steps
- Gather, analyze and summarize data in a clear and concise manner
- Perform other duties and/or special projects as assigned from time to time
- Bachelor’s degree in a quantitative or business discipline and five years of experience in a banking or financial services environment; or in lieu of a degree, 10 years’ experience in the Financial Industry
- 5 years of experience in data analytics
- 5 year of experience with tools such as Fiserv/Green Screen, DM10, and/or Vision
- 5 year of experience with Microsoft Excel
- 5 year of Project Management Experience
- 5 year of Credit Bureau Experience
- A strong understanding of FCRA, FCBA, ECOA
- Working knowledge of the GECOM, Vision , platform.
- Working knowledge of the Fiserv Open Data Stream
- Proven ability to prioritize workload, work independently, with strong follow-up and follow through skills
- Strong communication skills- interpersonal, verbal, and written
- Exposure / working knowledge of SAS
The salary range for this position is 110,000.00 - 185,000.00 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).
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
Credit
Salary : $110,000 - $185,000