VP, Treasury - Affinity Deposits Client Development

Job Description:

Role Summary/Purpose:

Reporting to the SVP, Treasurer CB & MD Affinity Deposits, this individual will lead the oversight and governance activities related to the Affinity deposits businesses.  The role will be responsible for managing oversight across cross functional and cross client teams to ensure compliance with Synchrony standards.  

This position is remote, where you have the option to work from home. On occasion we may request for you to commute to our nearest office for in person engagement activities such as team meetings, training and culture events. To ensure the safety of our colleagues and communities, we require employees who come together in-person to be fully vaccinated. We’re proud to offer you choice and flexibility.

Essential Responsibilities:

• Serve as liaison between client and Synchrony Bank, own coordinating Client Oversight governance for the PayPal Savings program working with the Program team and Client Oversight Program to managing First Line of Defense Testing reporting from PayPal.

• Run PayPal Savings audits and coordinate interactions with client and with Internal Audit, risk testing, and PWC audit process over PayPal Savings.

• Own interactions with 2LOD teams with ownership over issue management, EGRC, CTCs, CTPs, and model governance for the processes related to PayPal Savings.

• Run weekly issue management meeting with PayPal and SYF team.

• Monitor SLAs with the client team and ensure program follows the contract.

• Understanding of regulations applicable to deposit accounts and experience required with existing Synchrony Bank Deposit & Treasury processes

• Lead, develop and strategize processes to oversee Affinity Deposits businesses including coordination with Client Oversight Program to ensure deposit related processes are completed and documented.

• Partner with Affinity Deposits leader to ensure client cross-functional projects support client growth goals while insuring governance

• Lead operating reviews and portfolio performance reviews with client.

• Monitor progress to program goals and proactively identify areas of opportunity.

  • Identify client CTPs and lead cross functional business teams to deliver.

  • Provide leadership to strategic program projects and initiatives.

  • Review all Affinity Deposits policies, procedures, and job aides annually to ensure compliance and accuracy

  • Support and sell into client, new initiatives & marketing programs/products.

  • Oversee compliance / regulatory matters related to portfolio.

  • Assure all contractual obligations are being met.

• See corporate complaints through to resolution and communicate to HQ.

• Perform other duties and/or special projects as assigned.

Qualifications/Requirements:

• Bachelor’s degree and minimum 7 years of experience in finance, accounting and/or corporate treasury or banking environment or in lieu of degree, 12 years equivalent experience.

• Working knowledge of bank policies, procedures and operations related to deposit products

• Knowledge and experience with Microsoft Office (Excel, Word, Power Point and Access)

Desired Characteristics:

• Subject matter expert in deposit laws and regulations such as Regulation DD, Regulation E, Regulation CC, and Regulation D

• Ability to influence across multiple functions, levels of leadership, and interact with the client

• Ability to drive strong partnerships with second line teams

• Experience in retail deposits, regulatory, or risk

• Strong oral and written communication skills

• Adaptable and flexible to change

• Previous experience managing compliance teams

• Demonstrated ability to manage complexity and multiple initiatives

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 24 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. 

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.

The salary range for this position is 100,000.00 - 200,000.00 USD Annual

Salaries are adjusted according to market in CA and Metro NY and some positions are bonus eligible.

Grade/Level: 13

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