VP, Compliance Model Governance & Supplier Management

VP, Compliance Model Governance and Supplier

The VP, Compliance Model Governance and Supplier will serve as the business and technical owner of Synchrony's BSA / AML transaction monitoring and watchlist screening models, critical for combating financial crime and ensuring regulatory compliance. The successful candidate will be responsible for managing key aspects of the model governance process, including development, vendor management, monitoring, validation, implementation and regulatory responses. You will lead strategic initiatives to enhance the robustness, effectiveness, and accuracy of these models through rigorous oversight, collaboration with Model Risk Management (MRM), Compliance, Data Management, and external third-party vendors. This position is accountable for maintaining the highest standards in model performance, regulatory adherence, and supplier management, and will play a pivotal role influencing senior leadership decisions and regulatory examinations.

Essential Responsibilities :

• Lead the full lifecycle governance of AML transaction monitoring and watchlist screening models, including model selection, development, validation, implementation, ongoing monitoring, tuning, and retirement.
• Lead model projects working closely with vendors and / or cross-functionally.
• Work on data collection, data cleansing, methodology evaluation, model assessment, model development, testing and validation.
• Maintain comprehensive model documentation needed to meet regulatory requirements.
• Lead the model monitoring process, including root cause drivers of any material shifts in model performance and maintain model change logs.
• Manage audit and validation requests, and develop remediation plan for timely resolution on any issues uncovered through those requests.
• Act as the senior escalation point for model-related risks, regulatory inquiries, and audit findings.

Leadership & Stakeholder Engagement :

Model Performance & Continuous Improvement :

Third-Party & Vendor Management :

Regulatory & Audit Readiness :

Qualifications / Requirements :

Desired Characteristics :

Grade / Level : 13

The salary range for this position is 155,000.00 - 260,000.00 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 :

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.

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