What are the responsibilities and job description for the AVP, Consumer Bank Regulatory Reporting & Initiatives position at Synchrony?
Role Summary/Purpose
Synchrony’s Consumer Bank provides an award-winning suite of products, that help our customers save smart for today and tomorrow. We also serve as a primary funding source for the enterprise and are critical to Synchrony’s broader growth.
The AVP, Consumer Bank - Deposits Regulatory Reporting role will be responsible for supporting deposits regulatory and SEC reporting matters. This role will help project manage and coordinate internal cross functional teams responsible for managing initiatives around Part 370 Compliance and SEC regulatory reporting enhancements. This person must be able to handle an agile pace and job responsibilities such as assisting in the simplification and automation of deposit reporting processes.
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. Occasionally you may be required to commute or travel for in person engagement activities such as business or team meetings, training and culture events.
Essential Responsibilities
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.
Our Commitment
When you join us, you’ll be part of an inclusive culture where your individual skills, experience, and voice are not only heard – but valued. Together, we’re building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow.
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. We’re proud to have an award-winning culture for all.
Reasonable Accommodation Notice
Finance
Synchrony’s Consumer Bank provides an award-winning suite of products, that help our customers save smart for today and tomorrow. We also serve as a primary funding source for the enterprise and are critical to Synchrony’s broader growth.
The AVP, Consumer Bank - Deposits Regulatory Reporting role will be responsible for supporting deposits regulatory and SEC reporting matters. This role will help project manage and coordinate internal cross functional teams responsible for managing initiatives around Part 370 Compliance and SEC regulatory reporting enhancements. This person must be able to handle an agile pace and job responsibilities such as assisting in the simplification and automation of deposit reporting processes.
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. Occasionally you may be required to commute or travel for in person engagement activities such as business or team meetings, training and culture events.
Essential Responsibilities
- Prepare support for monthly, quarterly and annual Part 370 regulatory and SEC reporting for all deposit products
- Assist in project and program management related to Part 370 Compliance Partner, and coordinate with key stakeholders, cross functional leaders, and project teams to meet key milestones and critical timelines
- Assist in managing cross functional, multi-year project and compliance plans
- Coordinate with Regulatory Reporting in developing strategic initiative roadmaps
- Requirements gathering, documentation, and resource management for the initiative
- Work cross-functionally with business teams to shape business requirements and provide ongoing communication throughout project execution
- Lead and execute day-to-day project delivery activities and forums, influencing, organizing and holding cross-functional teams accountable Present periodic updates regarding status of projects to senior leadership and other key stakeholders
- Support quarterly regulatory reporting for all deposit products including process improvements and automation efforts
- Maintain/enhance control environment including job aids, policies and data quality
- Assist in data solutioning and testing
- Support Adenza ContollerView solutioning for Part 370 compliance gaps and other regulatory reporting enhancements
- Perform other duties and/or special projects as assigned
- Bachelor's degree; or in lieu of a degree 6 years of experience in finance, accounting, corporate banking, and/or corporate treasury or similar financial services disciplines.
- 3 years of experience in finance, accounting, corporate banking, corporate treasury or or similar financial services disciplines.
- Ability and flexibility to travel for business as required
- Experience with FDIC Part 370 administration and deposit operations
- 1 year regulatory reporting experience
- 1 year experience with data tools and systems such as SAS and SQL
- Experience with deposit and/or reporting applications, including ControllerView
- Experience working with and across a matrix team
- Strong business acumen, work ethic, and ability to influence
- Strong analytic, problem-solving skills, and ability to manage multiple projects and priorities
- Ability to innovate and find creative solutions to meeting business goals
- Ability to clearly explain technical/analytical information and summarize for key stakeholders (verbally, written, and in presentation form)
- Highly organized and detail oriented
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.
- 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).
Our Commitment
When you join us, you’ll be part of an inclusive culture where your individual skills, experience, and voice are not only heard – but valued. Together, we’re building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow.
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. We’re proud to have an award-winning culture for all.
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
Finance