VP, Enterprise Risk - Synchrony
Stamford, CT
About the Job
Job Description:
Role Summary/Purpose:
This Vice President, Enterprise Risk role has key responsibilities as a member of Enterprise Risk Management (ERM) team primarily through execution of the new Risk Aggregation & Reporting (RAR) process and management of the newly expanded Enterprise Risk Taxonomy. This role will also support other key ERM process responsibilities, such as risk management activities related to the Enterprise Risk Assessment (ERA) and Strategic Risk engagement and oversight.
_Our Way of Working_
_We're proud to offer you choice and 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 to our nearest office for in person engagement activities such as business or team meetings, training and culture events._
Essential Responsibilities:
+ Lead all aspects of the quarterly Risk Aggregation & Reporting (RAR) process, which centers on use of multiple data sources prioritized by risk category for an assessment of aggregate risk level and enterprise control environment to measure aggregate risk exposure.
+ Lead all aspects of maintaining and enhancing the Enterprise Risk Taxonomy, which leverages the primary/covered risk categories in the Enterprise Risk Governance Framework.
+ Facilitate identification and integration of data sources (e.g., issues, risk assessments, metrics) for use in determining Aggregate Risk Level and Enterprise Control Environment as part of the RAR process.
+ Drive and maintain integration of the Enterprise Risk Taxonomy across risk and governance programs.
+ Coordinate periodic reviews and enhancement of risk category detail within the Enterprise Risk Taxonomy.
+ Partner within the Risk function and out with business teams to provide guidance and oversight in the identification, assessment, aggregation, monitoring, and reporting of strategic, legal, and reputational risk.
+ Develop and present management and committee reporting related to RAR results and insights.
+ Manage Tableau reporting for Risk Aggregation status, results, and insights, covering all Tier 1 and Tier 2 Risk Categories (i.e., primary risk categories with associated sub-categories).
+ Partner across Risk Pillars and throughout business to ensure aggregated views of risk and control environment are coordinated and understood.
+ Ensure all relevant ERM program and RAR process governance documentation outlining risk management methodologies, including the Risk Aggregation & Reporting Procedure, is refreshed in accordance with established requirements or more frequently, as needed.
+ Support the Capital team to provide a 'top risk category' perspective for scenario development, as needed.
+ Perform other duties and/or special projects as assigned.
Qualifications/Requirements:
+ Broad-based risk knowledge, ability to identify/assess risks and document mitigating controls.
+ Bachelor's degree, plus 5+ years of work experience in the financial services industry or in lieu of degree, 10 years of financial services experience.
+ 3+ years of experience with exposure to risk management within the consumer financial services industry.
+ 3+ years of experience collaborating with cross-functional teams.
+ 3+ years of successful work in a matrixed environment, leading projects and presenting results to senior leaders.
+ Knowledge or willingness to learn data visualization options and utilize for reporting and monitoring of risk aggregation across pillars.
Desired Characteristics:
+ Use of personal influence and credibility to achieve organizational results by collaborating across business functions, sales platforms, and risk pillars/teams.
+ Ability to objectively identify and understand how to measure specific areas of risk with associated control environment as well as determine aggregate level and exposure across broader risk categories.
+ Capability to effectively challenge and communicate risk and control environment aggregation approach across risk categories, pillars, and the organization.
+ Strong written and verbal communication skills.
+ Ability to build strong relationships with business partners and to be top of mind when questions arise.
+ Proven ability to influence senior management and manage change.
+ Ability to be forward-thinking in the identification of future risks and work cross-functionally to mitigate identified risks.
+ Experience in internal audit, testing, risk, or in a governance function.
+ Proficiency in MS Office applications such as Word, Excel, and PowerPoint.
+ Tableau experience in managing reports and providing guidance/direction to create and refine dashboards.
Grade/Level: 12
The salary range for this position is 110,000.00 - 185,000.00 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+ (https://www.synchronycareers.com/our-culture/#diversity) , 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:
Risk Management
Role Summary/Purpose:
This Vice President, Enterprise Risk role has key responsibilities as a member of Enterprise Risk Management (ERM) team primarily through execution of the new Risk Aggregation & Reporting (RAR) process and management of the newly expanded Enterprise Risk Taxonomy. This role will also support other key ERM process responsibilities, such as risk management activities related to the Enterprise Risk Assessment (ERA) and Strategic Risk engagement and oversight.
_Our Way of Working_
_We're proud to offer you choice and 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 to our nearest office for in person engagement activities such as business or team meetings, training and culture events._
Essential Responsibilities:
+ Lead all aspects of the quarterly Risk Aggregation & Reporting (RAR) process, which centers on use of multiple data sources prioritized by risk category for an assessment of aggregate risk level and enterprise control environment to measure aggregate risk exposure.
+ Lead all aspects of maintaining and enhancing the Enterprise Risk Taxonomy, which leverages the primary/covered risk categories in the Enterprise Risk Governance Framework.
+ Facilitate identification and integration of data sources (e.g., issues, risk assessments, metrics) for use in determining Aggregate Risk Level and Enterprise Control Environment as part of the RAR process.
+ Drive and maintain integration of the Enterprise Risk Taxonomy across risk and governance programs.
+ Coordinate periodic reviews and enhancement of risk category detail within the Enterprise Risk Taxonomy.
+ Partner within the Risk function and out with business teams to provide guidance and oversight in the identification, assessment, aggregation, monitoring, and reporting of strategic, legal, and reputational risk.
+ Develop and present management and committee reporting related to RAR results and insights.
+ Manage Tableau reporting for Risk Aggregation status, results, and insights, covering all Tier 1 and Tier 2 Risk Categories (i.e., primary risk categories with associated sub-categories).
+ Partner across Risk Pillars and throughout business to ensure aggregated views of risk and control environment are coordinated and understood.
+ Ensure all relevant ERM program and RAR process governance documentation outlining risk management methodologies, including the Risk Aggregation & Reporting Procedure, is refreshed in accordance with established requirements or more frequently, as needed.
+ Support the Capital team to provide a 'top risk category' perspective for scenario development, as needed.
+ Perform other duties and/or special projects as assigned.
Qualifications/Requirements:
+ Broad-based risk knowledge, ability to identify/assess risks and document mitigating controls.
+ Bachelor's degree, plus 5+ years of work experience in the financial services industry or in lieu of degree, 10 years of financial services experience.
+ 3+ years of experience with exposure to risk management within the consumer financial services industry.
+ 3+ years of experience collaborating with cross-functional teams.
+ 3+ years of successful work in a matrixed environment, leading projects and presenting results to senior leaders.
+ Knowledge or willingness to learn data visualization options and utilize for reporting and monitoring of risk aggregation across pillars.
Desired Characteristics:
+ Use of personal influence and credibility to achieve organizational results by collaborating across business functions, sales platforms, and risk pillars/teams.
+ Ability to objectively identify and understand how to measure specific areas of risk with associated control environment as well as determine aggregate level and exposure across broader risk categories.
+ Capability to effectively challenge and communicate risk and control environment aggregation approach across risk categories, pillars, and the organization.
+ Strong written and verbal communication skills.
+ Ability to build strong relationships with business partners and to be top of mind when questions arise.
+ Proven ability to influence senior management and manage change.
+ Ability to be forward-thinking in the identification of future risks and work cross-functionally to mitigate identified risks.
+ Experience in internal audit, testing, risk, or in a governance function.
+ Proficiency in MS Office applications such as Word, Excel, and PowerPoint.
+ Tableau experience in managing reports and providing guidance/direction to create and refine dashboards.
Grade/Level: 12
The salary range for this position is 110,000.00 - 185,000.00 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+ (https://www.synchronycareers.com/our-culture/#diversity) , 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:
Risk Management
Source : Synchrony