Job Description:

Role Summary/Purpose:

This position will oversee the day-to-day operations related to various KYC functions and will act as the SME for Synchrony’s Customer Money Laundering Risk Rating process. These functions include: Customer risk rating via CDD-X, Periodic and Event Driven Reviews, various QC of OFAC/watchlist screening and 314(a) name/entity searches to ensure adherence to all applicable BSA/AML/OFAC laws and regulations. This position may also review and disposition escalated PEP and MRB Alerts.

Essential Responsibilities:

• Function as SME for Synchrony’s Customer Money Laundering Risk Rating process and the Actimize CDD-X tool.
• Process CDD-X error reports, monthly E-28 reports and Landlord/Lease workflows.
• Review and disposition escalated PEP and MRB alerts.
• Manage the day-to-day operations of the Risk team supporting the BSA/AML/OFAC Governance Program, particularly KYC and Periodic Review functions.
• Assist in prioritizing work and driving program updates from the BSA/AML/OFAC Leadership team
• Approve changes to Customer Risk Rating based on results of Periodic Reviews
• Oversee established policies, procedures, and job aids and provide guidance to the Team and business partners to ensure adherence to BSA/AML/OFAC regulatory requirements.
• Proactively identify areas for enhancement in the BSA/AML/OFAC program and associated operational processes.
• Prepare and deliver required BSA/AML/OFAC‐related metrics on a periodic basis to the SVP‐BSA/AML/OFAC Compliance Officer or his/her designee, for management reporting.
• Lead KYC related data gathering and L3 reviews for the annual Money Laundering Risk Assessment.
• Support BSA/AML/OFAC projects to remediate identified issues, implement new regulatory requirements, or respond to requests from the various governing regulators, internal audit, or other internal testing teams.
• Perform other duties & functions as assigned.

Qualifications/Requirements:

• Bachelor’s degree and 2+ years of BSA/AML or Compliance experience in a large depository financial institution. OR, In lieu of Bachelor’s degree 5+ years of BSA/AML or Compliance experience in a large depository financial institution
• 2+ years of experience with bank policies, procedures and operations.
• 2+ years of experience with Microsoft Office (Excel, Word, Power Point and Access)

Desired Characteristics:

• CAMS Certification Preferred
• Demonstrated ability to manage and execute multiple demands, priorities, and projects
• Excellent written and oral communication, and collaboration and leadership skills
• Ability to understand business systems & processes
• Proven ability to influence management and initiate change
• Ability to work in a matrixed organization
• Team player in fast‐paced, high‐energy environment

Grade/Level: 10

The salary range for this position is 75,000.00 - 130,000.00 USD Annual

Salaries are adjusted according to market in CA and Metro NY and some positions are bonus eligible.

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 24 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).

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. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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

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