AVP, Credit Model Development (L11)

Role Title: AVP, Credit Model Development (L11) Company Overview: Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation’s most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is proud to be named as #3 as a Great Place to Work® in India and is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit  www.synchrony.com . Organizational Overview: Credit Team decisions credit actions across the lifecycle of a customer – from acquisition to account management to collections and recover – we work towards managing credit and fraud losses and elevating customer experience through powerful and proprietary insights on customer risk and credit behaviors. The actionable insights are driven by access to numerous alternative data sources, new age technologies, focused strategies, emerging algorithms, and predictive precision. Spread across 10 pillars the credit team in India caters to the entire gamut of decision sciences, from data management to model development to strategy design, and bringing it all to life through technology, and managing within the guardrails of our regulatory requirements. As part of the team, you will have access to some unique product propositions, functional and leadership training, interaction with executive leadership team and a myriad of diverse perspectives.

Summary/Purpose: As a member of ACQ Credit Models team, you would be managing the Acquisition Credit models through their lifecycle, i.e. from initiation to retirement. You will be exposed to activities ranging from (but not limiting to) model development, evaluation, validation, monitoring, implementation testing and documentation. You will have an opportunity to learn industry best practices in credit models’ development and will also be working on experimental models using machine learning techniques. You will also own the models and be a SPOC for all assessment by Risk Management team.

Validation and monitoring of internal and external credit models by computing standard metrics. Work closely with Model Owners, Model Users and Report execution teams to track and understand model performance, deep dives to find root causes for performance deteriorations. Independently manage end-to-end annual model review and periodic revalidation activities for credit risk models; support Model Risk Management team in completing other model governance activities, including pre-implementation validation and issue remediation/closure. Develop credit risk models under the guidance of the US model development team, performing work across the full development lifecycle (data preparation, exploratory analysis, feature engineering, model builds, performance evaluation, and documentation). Work with Credit & Fraud strategy teams to understand the model usage in strategies, explain the changes in model performance and suggest any changes that might be required in strategies. Lead automation projects like automation of reports, datapull using tools like SAS, Python, Pyspark, Tableau etc. Work independently with stakeholders on multiple projects and perform other duties and/or special projects as assigned. Provide analytic support on key business initiatives and develop a strong working knowledge of the data warehouse and applicable analytic data systems. Mentoring and leading the junior members in the team for day-to-day