Synchrony

AVP, Enterprise Strategy

Synchrony$90K — $155K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred with 3+ years in financial services or related fields, or 5+ years in lieu of a degree
  • 1+ years project management experience with cross-functional teams
  • Proficient in MS Office, particularly Excel and PowerPoint
  • Ability to manage multiple projects simultaneously
  • Experience in data analysis and delivering insights to leaders
  • Willingness to travel as needed

Responsibilities

  • Develop agenda and materials for the Executive Leadership Team's strategy review
  • Collaborate with finance to assess growth strategies' impact on key metrics
  • Ensure compelling and timely presentations across business functions
  • Facilitate the approval process within the Management Committee
  • Define new growth and diversification initiatives with leadership input
  • Research market opportunities and draft execution strategies
  • Support strategic M&A initiatives and create rationale for potential acquisitions

Benefits

  • Flexible work arrangements with options for remote work
  • Engagement in in-person activities at nearest Hub
  • Opportunity for annual bonus based on performance
  • Comprehensive onboarding process including background checks
  • Supportive company culture encouraging innovation and collaboration
Full Job Description
Roles Summary/Purpose:

The AVP, Enterprise Strategy is responsible for supporting the development of Synchrony's enterprise-level growth and diversification plans and will occasionally play a role in support of M&A strategy. This critical role will work closely with leadership and internal partners to identify and prioritize new businesses, products, technologies, and capabilities that deliver on the organization's three to five-year vision and roadmap. This role reports to the VP, Strategy within the Business Strategy & Development (BS&D) team.

Essential Responsibilities:
  • Support development of agenda and materials for Executive Leadership Team and annual Board of Director strategy review (in coordination with Strategic Management Office); Focus will be on developing Enterprise-level growth strategy and associated content
  • Partner with Finance team to determine implications of growth strategies on key company metrics (e.g., assets, EPS, ROA projections, etc.)
  • Partner with business platforms, functions, and finance to ensure materials are presented in a compelling, consistent and timely manner
  • Support approval process (e.g., Management Committee review and sign-off)
  • Work with leadership to ideate & define potentially new enterprise growth and diversification initiatives for the organization
  • Identifying and researching potential initiatives (e.g., market size, competitive intensity, potential Synchrony share), determining Synchrony right to win, and developing execution strategy (e.g., build, buy, partner), and communicating findings
  • Support and lead other C-Suite special projects/initiatives where needed
  • Work with the M&A team and ELT to develop and update enterprise diversification M&A strategy
  • Support M&A team, when needed, to define strategic rationale behind potential acquisition targets
  • Perform other duties and/or special projects as assigned.


Qualifications/Requirements:
  • Bachelor's degree preferred with 3+ years' experience in financial services, management consulting, business strategy or similar focus or in lieu of degree, 5+ years' experience in financial services, management consulting, business strategy or similar focus
  • 1+ years project management experience, including working with cross-functional business partners, communicating with both technical and non-technical resources
  • Proficient in the use of MS Office product suite with advanced experience with Excel and PowerPoint
  • Demonstrated ability to balance multiple workstreams simultaneously
  • Experience in developing data-driven perspectives and presenting insights to business leaders
  • Ability and flexibility to travel for business as required


Desired Characteristics:
  • Strategy consulting experience
  • Experience in Financial Services, specifically credit cards and/or retail banking
  • Strong quantitative skills with experience creating data-driven recommendations
  • Ability to identify, track emerging market/industry trends
  • Flexible, collaborative approach and positive attitude
  • Entrepreneurial mindset and willingness to voice unpopular opinions if they are the right approach for the business
  • Excellent Interpersonal and communication skills, both written and verbal, with some presentation experience and high emotional intelligence
  • Experience partnering cross functionally and influencing at all levels of the organization


Grade/Level: 11

The salary range for this position is 90,000.00 - 155,000.00 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.

Our Way of Working:

We're proud to offer you 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. You will be required to commute to your nearest Hub (either virtual or physical) for in-person engagement activities such as regular business or team meetings, training and culture events.

*Field Sales and some Commercial team roles may have varied location requirements based upon partner obligations or preferences.

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).


Job Family Group:
Business Strategy

About Synchrony

Synchrony (NYSE: SYF) is a leading consumer financing company at the heart of American commerce and opportunity. From health to home, auto to retail, our Synchrony products have been serving the needs of people and businesses for nearly 100 years. We provide responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them. Additionally, through our innovative products and experiences, we support the growth and operations of some of the country's most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on. Synchrony is proud to be ranked as the country's #2 Best Company to Work For® by Fortune magazine and Great Place to Work®.
Learn more about Synchrony
Size
18,000 employees
Market Cap
$14.4 billion
Industry
Net Income
$1.3 billion
Founded
1993
5 Year Trend
+0.7%
NASDAQ

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