AVP, Compliance Risk

Job Description:

Role Summary/Purpose:

This role is responsible for Compliance governance activities such as management of Compliance Risk and Controls Self-Assessment (“RCSA”) oversight and execution, responses to Regulatory/Risk Testing/Internal Audit requests, Risk Appetite Limit process for breaches and engaging with the Risk pillars for testing, newly added program processes, metrics and reporting as needed to fulfill the requirements of the Compliance Program.

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 occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.

Essential Responsibilities:

• Compliance RCSA review oversight: Serve as compliance point of contact (“POC”) for the new RCSA 2LOD process to assist with roll out of the new process and management.

• Conduct effective challenge of RCSAs on an individual L3 process as needed

• Compliance Risk Appetite Limit Breaches:  Overseeing newly developed compliance Risk Appetite Statement (RAS) including monthly monitoring, reporting of breaches and controls over the process.

• Maintain oversight of newly developed processes within the program including but not limited to monitoring of SLAs for CTC/CTQ alignment to newly developed L3s and retired/merged L3s. 

• Manage initial creation of new compliance L3s including setting up new L3s, creation of Process Risk and Controls (PRCs) and ongoing management of PRCs.

• Assist with responses/documentation requests for Regulatory and Internal Audit Exams

• Oversight of specific procedures and job aids including initial creation and annual/bi-annual updates

• Assist with creation of new Front Line Triggers (“FLT”) and Escalation Triggers (“ET”) for escalation of compliance risks to Compliance Committee and Enterprise Risk Management Committee.

• Reporting oversight and Escalation of SLAs to leaders and SVPs as needed

• Lead or assist with other special projects/duties, as assigned.

Qualifications/Requirements:

• Bachelor’s degree and 3 years of experience related to governance, risk and controls within a financial institution; or in lieu of degree, 5 years experience related to governance, risk and controls within a financial institution

• Understanding of regulatory expectations for compliance programs

• Strong written and verbal communication skills

• Advanced proficiency in Microsoft PowerPoint, Excel and Word.

Desired Characteristics:

• Demonstrated ability to build strong relationships with cross-functional teams and become a trusted business partner

• Project and process management skills, with proven ability to manage multiple priorities and deadlines

• Certified Regulatory Compliance Manager (CRCM)

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.

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).

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: