Synchrony

AVP, Marketing - Luxury

Synchrony$90K — $155K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or high school diploma and 8 years marketing experience
  • Minimum of 5 years marketing experience
  • Understanding of marketing metrics and ROI
  • Ability and flexibility to travel for business as required

Responsibilities

  • Assess client needs and create growth plans
  • Develop consumer value propositions based on data analysis
  • Partner with clients on digital marketing integration
  • Drive digital strategy in collaboration with digital teams
  • Create in-store signage to enhance client acquisition
  • Communicate performance metrics related to client portfolios
  • Maintain collaboration with cross-functional teams
  • Manage marketing budget and measure effectiveness
  • Optimize marketing investments using SYF tools
  • Manage projects through marketing project management tools

Benefits

  • Flexibility to work from home or office locations
  • Participation in annual bonus based on performance
Full Job Description
Role Summary/Purpose:

Reporting to the Luxury Marketing Leader, the AVP Luxury Marketing will be responsible for leading the client marketing relationship management of assigned clients. The selected marketer will be responsible for partnering with clients and a broad cross-functional team to develop the growth strategy and drive volume growth, client penetration, as well as measuring the effectiveness of marketing spend & profitability.

The position will be responsible for developing and managing all B2C campaigns across all channels including in-store, website, email, statement marketing, direct mail and advertising - all within regulatory compliance guidelines. Reaching consumers with a strong digital channel focus will be critical to driving growth outside of physical store sales.

The position contributes to overall market/brand strategy relative to our Luxury Markets portfolio and the continued acquisition and retention of small (fragmented) retailers into our Synchrony Financial branded programs.

Essential Responsibilities:

  • Assess select client needs, business goals, and opportunities. Jointly create and execute a growth plan to align with client overall business strategies.
  • Utilize SYF consumer and competitive data analysis to develop strong, simple, and differentiated consumer value propositions. Including promotional financing, rewards programs, special discounts and segmentation.
  • Partner with clients to consult on digital best practices to integrate financing into their website strategies and all other digital marketing channels.
  • Help to drive industry digital strategy and partner with digital teams to execute communication strategies (SEO, SEM, email, social media).
  • Work with the clients to develop compelling in-store signage to drive acquisition and credit penetration.
  • Jointly with Sales drive and communicate key metrics pertaining to the performance of the client portfolios (sales, new accounts, repeat purchase percentage, consumer email enrollment, digital engagement, penetration, and return).
  • Create, build, and maintain a collaborative partnership with sales, risk, finance, digital, legal, compliance and operations teams to drive overall results.
  • Manage and oversee a marketing budget and measure effectiveness.
  • Utilize SYF tools to optimize specific marketing investments to efficiently grow the business, consistent with the SYF brand.
  • Manage projects through the Workfront / Cosmos (marketing project management) tool.
  • Perform other duties and/or special projects as assigned.


Qualifications/Requirements:

  • Bachelor's degree Or, in lieu of a degree, a high school diploma/GED and 8 years of marketing experience.
  • A minimum of 5 years of marketing experience
  • Understanding of marketing metrics, including marketing ROI and profit/loss analysis
  • Ability and flexibility to travel for business as required


Desired Characteristics:

  • Ability to manage multiple projects/initiatives simultaneously
  • Excellent verbal and written communication and presentation skills
  • Ability to interact effectively with key clients and sales teams
  • Analytical skills (segmentation, targeting, ROI prioritization)
  • Excel / SAS experience
  • Knowledge of reporting systems
  • Financial / P&L knowledge
  • Ability to drive business results--executes against plan and delivers
  • Ability to influence across all levels of organization
  • Credit card or other financial services marketing experience
  • Collaborative team player with ability to influence across all levels of organization
  • MBA preferred


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:
Marketing

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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