Job Description:

Role Summary/Purpose:

The VP, Compliance Specialty Solutions role will be the second line of defense point of contact for Synchrony’s Allegro Credit, providing both Compliance and Operational Risk oversight. As a member of the Health & Wellness Platform Compliance team, the ideal candidate will become a subject matter expert in installment loan products and processes, as well as leasing. The role will support Allegro by providing effective challenge through Compliance and Operational Risk assessments, as well as risk oversight of Health & Wellness strategic initiatives. This position is open to all U.S. Synchrony Hybrid, Hoteling and Virtual Hubs.

We’re proud to offer you choice and flexibility. You have the option to be remote and work from home or come into one of our offices. You may be requested occasionally to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.

Essential Responsibilities:

• Serve as the primary point of contact and resource for various business teams responsible for supporting Allegro Credit.
• Compliance subject matter expert on installment loan and lease products.
• Primary compliance contact for BSA/AML/OFAC related items for Allegro.
• Monitor for adherence to the Synchrony compliance framework including compliance with legal requirements, controls, risk assessments, testing, training and policy and procedure review
• Identify and analyze various compliance risks related to Allegro Credit. Collaborate with compliance subject matter experts to provide guidance to address risks identified and best practice solutions.
• Ensure risks are appropriately identified, documented and addressed by the business.
• Escalate key issues and risks for further discussion and action to ensure that risk is mitigated.
• Establish effective relationships with all functional areas
• Report to different levels of management with respect to Risk and Compliance
• Analyze and report on key regulatory and litigation developments and their business impact
• Conduct targeted compliance reviews and continuous monitoring activities
• Support regulatory examinations and other supervisory activities
• Perform other duties and/or special projects as assigned

Qualifications/Requirements:

• Bachelor’s degree, plus 5+ years of work experience in the financial services industry or in lieu of Bachelor's degree, a High School Diploma / GED and 10 years of financial services experience

• 3+ years of experience with exposure to compliance and regulatory hot topics within the consumer credit and/or leasing industry as well as subject matter expertise with Anti Money Laundering and Sanctions

• 3+ years of experience collaborating with cross-functional teams

• 3+ years of successful work in a matrixed environment, leading projects and presenting results to senior leaders

Desired Characteristics

• Experience in the leasing industry as well as subject matter expertise with Anti Money Laundering and Sanctions
• Industry certification such as CRCM, CAMS or CAFP
• Ability to influence and credibility to achieve organizational results by collaborating with cross-functional/cross-platform teams
• Ability to objectively identify risks, effectively challenge and communicate fair lending risks
• Ability to assist cross functional teams to embed effective tools, reporting, and controls for analyzing and monitoring regulatory risks; be a subject matter expert on effective controls and documentation for compliance and operational risk management.
• Strong written and verbal communication skills
• Proven ability to influence senior management and initiate change
• Ability to be forward-thinking in the identification of future risks and work cross-functionally to mitigate identified risks
• Experience in internal audit or testing or in a governance function

Grade/Level: 12

The salary range for this position is 110,000.00 - 185,000.00 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

Job Family Group: