Role Summary/Purpose:
This position is responsible for conducting control testing activities of Synchrony Bank (“SYB”) and Synchrony Financial (“SYF”) to assess compliance with applicable laws and regulations, internal policies and procedures and ensure prompt remediation of control deficiencies. The role focuses on engagement planning and execution of testing for controls that mitigate operational, regulatory, and financial risks. Control testing is an independent 2nd line assurance process that, together with 1st line business surveillance and 3rd line independent audit, make up the three lines of defense that are the cornerstone of an effective control framework.
Essential Responsibilities:
Develop and execute control testing to ensure that key risks are mitigated.
Document detailed test results to reperformance standards and meet required deadlines.
Identify control gaps and potential issues, discuss viable solutions with the business to address gaps, and obtain management action plans for remediation.
Communicate test results to leaders and other stakeholders throughout the business and provide periodic updates regarding status of testing activities.
Provide effective challenge to the business regarding the assessment of risks and controls.
Influence stakeholders and process owners to implement necessary process and control modifications to mitigate operational, regulatory, and financial risks.
Provide guidance to process owners regarding key risks and mitigation strategies.
Perform other duties and/or special projects as assigned
Qualifications/Requirements:
Bachelor’s degree and 3+ years of Audit, Testing, Quality or other Assurance function; in lieu of a degree 7+ years of Audit, Testing, Quality or other Assurance function in a financial institution.
3+ years in banking laws and regulations
Experience applying analytical skills and attention to detail (knowledge of SAS and Tableau a plus)
Ability and flexibility to travel for business as required
Desired Characteristics:
Experience using AI to develop testing scripts
Effective written and verbal communication skills
Proven ability to work independently and meet deadlines
Experience using Synchrony’s systems of record, data warehouses or other applications utilized for credit, deposit and lease products
Experience in Client Development & Sales
Proficiency in Microsoft Office Suite applications
Ability to travel up to 10% of the time
Grade/Level: 10
The salary range for this position is 75,000.00 - 130,000.00 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:
Job Family Group:
Risk Management
