AVP, Credit Model Development

3 weeks ago

Kolkata, West Bengal, India Synchrony Full time
Job Description

JOB_POSTING-3-68778-1

Job Description

Role Title: AVP, Credit Model Development

Company Overview: Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

- We have recently been ranked #2 among India's Best Companies to Work for by Great Place to Work. We were among the Top 50 India's Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.
- Synchrony celebrates 52% women diversity, 105+ people with disabilities, and 50 veterans and veteran family members.
- We offer Flexibility and Choice for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.
- We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles.

Organizational Overview: Credit Team decisions credit actions across the lifecycle of a customer from acquisition to account management to collections and recover we work towards managing credit and fraud losses and elevating customer experience through powerful and proprietary insights on customer risk and credit behaviours. The actionable insights are driven by access to numerous alternative data sources, new age technologies, focused strategies, emerging algorithms, and predictive precision. Spread across 10 pillars the credit team in India caters to the entire gamut of decision sciences, from data management to model development to strategy design, and bringing it all to life through technology, and managing within the guardrails of our regulatory requirements. As part of the team, you will have access to some unique product propositions, functional and leadership training, interaction with executive leadership team and a myriad of diverse perspectives.

Role Summary/Purpose

As a member of Credit Models team, you would be managing the models through their lifecycle, i.e. from initiation to retirement. You will be exposed to activities ranging from (but not limiting to) model development, evaluation, validation, monitoring, implementation testing and documentation. You will have an opportunity to learn industry best practices in credit models development and will also be working on experimental models using machine learning techniques. You will also own the models and be a SPOC for all assessment by Risk Management team.

Key Responsibilities

- Validation and monitoring of internal and external credit models by computing standard metrics.
- Work closely with Model Owners, Model Users and Report execution teams to track and understand model performance, deep dives to find root causes for performance deteriorations.
- Support Model Risk Management team in completing their responsibilities including but not limited to Model validation reviews, annual reviews, periodical assessment.
- Support development of Credit and Fraud models as required.
- Work with Credit & Fraud strategy teams to understand the model usage in strategies, explain the changes in model performance and suggest any changes that might be required in strategies.
- Lead automation projects like automation of reports, datapull using tools like sas, python tableau etc
- Work independently with stakeholders on multiple projects and perform other duties and/or special projects as assigned.
- Provide analytic support on key business initiatives and develop a strong working knowledge of the data warehouse and applicable analytic data systems.
- Mentoring and leading the junior members in the team for day-to-day activities

Required Skills/Knowledge

- Bachelor's degree with quantitative underpinning (i.e., Risk, Economics, Finance, Mathematics, Statistics, Engineering) with minimum 3+years experience in an analytical/quantitative role related to consumer lending or in lieu of a degree 5+ years of relevant experience in an analytical/quantitative role related to consumer lending.
- 2+ Years of Experience in SAS/ SQL, Python/Pyspark and reporting tools like Tableau
- Knowledge of Statistical and other Machine Learning techniques like logistic Regression, Random Forest, XGBoost etc
- Ability to decipher complex data and effectively present and communicate in a clear and concise manner.
- Strong written/oral communication skills, ability to manage multiple projects simultaneously and deliver results within deadlines with a focus on accuracy and attention to detail.

Desired Skills/Knowledge

- Working knowledge of credit bureau data e.g., FICO, Transunion, Equifax
- Excellent time management with ability to manage multiple competing initiatives and deliver results within deadlines.
- Familiarity with US Model Governance trends/developments across the banking sector and credit policies in the area of credit cards

Eligibility Criteria

Bachelor's degree with quantitative underpinning (i.e., Risk, Economics, Finance, Mathematics, Statistics, Engineering) with minimum 3+years experience in an analytical/quantitative role related to consumer lending or in lieu of a degree 5 + years of relevant experience in an analytical/quantitative role related to consumer lending.

Work Timings: This role qualifies for Enhanced Flexibility and Choice offered in Synchrony India and will require the incumbent to be available between 06:00 AM Eastern Time 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with India and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs. Please discuss this with the hiring manager for more details.

For Internal Applicants

- Understand the criteria or mandatory skills required for the role, before applying
- Inform your manager and HRM before applying for any role on Workday
- Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)
- Must not be any corrective action plan (Formal/Final Formal)
- L8+ Employees who have completed 18 months in the organization and 12 months in their current role and level are only eligible.
- Employees at L8+ can apply for this opportunity.

Level / Grade : 10

Job Family Group

Credit

  • AVP, Data Insights Development

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    **Job Description**As an AVP, Credit Model Development, you will be responsible for managing the lifecycle of credit models, from initiation to retirement.You will work closely with cross-functional teams to develop, evaluate, and validate credit models using machine learning techniques.Your key responsibilities will include:Validation and monitoring of...

  • Credit Model Development Manager

    2 days ago

    Kolkata, West Bengal, India Synchrony Full time

    At Synchrony, we're committed to delivering exceptional financial services that exceed our customers' expectations. As a key member of our Credit Team, you'll play a vital role in shaping the future of consumer lending.Job Description:The Credit Models team is responsible for managing credit actions across the customer lifecycle, from acquisition to account...

  • AVP, Analytics and Data Science

    1 week ago

    Kolkata, West Bengal, India Synchrony Full time

    Synchrony is a premier consumer financial services company delivering one of the industry's most comprehensive digitally enabled product suites. Our Credit Team in India plays a vital role in decision-making across the customer lifecycle, from acquisition to account management and collections. We leverage alternative data sources, cutting-edge technologies,...

  • Credit Modeling Specialist

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    In the rapidly evolving landscape of consumer finance, Synchrony remains at the forefront, driven by our commitment to delivering innovative solutions that meet the needs of our customers. Our Credit Team in India plays a critical role in shaping this vision, leveraging cutting-edge technologies and strategic approaches to develop models that drive business...

  • Manager, Credit Model Development

    3 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    Job DescriptionJOB_POSTING-3-68719-1Job DescriptionRole Title: Manager, Credit Model Development(L9)Company Overview: Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including...

  • Credit Modeling Expert

    9 hours ago

    Kolkata, West Bengal, India beBee Careers Full time

    About the Role">The Risk Management Specialist will be responsible for developing, implementing, and monitoring credit models to mitigate risk and ensure compliance with regulatory requirements.Responsibilities:Design and implement credit models using advanced statistical and machine learning techniques.Analyze data to identify areas of risk and develop...

  • Senior Credit Model Manager

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    About the RoleWe are seeking a highly skilled Senior Credit Model Manager to join our team. As a key member of our credit modeling group, you will be responsible for managing the models through their lifecycle, from initiation to retirement. You will work closely with model owners, users, and report execution teams to track and understand model performance,...

  • Credit Risk Modeling Lead

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    Job DescriptionThe ideal candidate will have a strong quantitative background and experience in an analytical or quantitative role related to consumer lending. You will have a working knowledge of statistical and machine learning techniques, as well as programming languages such as SAS, SQL, and Python. In addition, you will have excellent communication...

  • Manager of Credit Model Development and Implementation

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    **About Us**Synchrony is a premier consumer financial services company that provides innovative, digitally enabled products to consumers across various industries. Our mission is to deliver exceptional customer experiences through powerful insights and cutting-edge technologies.We are committed to creating a culture of innovation, where our employees can...

  • Senior Quantitative Analyst

    1 day ago

    Kolkata, West Bengal, India Synchrony Full time

    Synchrony is a premier consumer financial services company delivering a comprehensive digitally enabled product suite. Our experience, expertise, and scale encompass various industries, including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet care, and more.About the Role:As a Manager of Advanced Analytics and Modeling,...

  • Data Scientist

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    About Us: Synchrony is a leading consumer financial services company delivering a comprehensive range of digitally enabled products. Our expertise spans across various industries, including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet, and more.">">We were ranked #2 among India's Best Companies to Work for by Great...

  • Model Development Lead

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    Job DescriptionWe are seeking a skilled Credit Risk Manager to join our Credit Models team in Synchrony India. The successful candidate will be responsible for managing the entire lifecycle of credit models, from initiation to retirement, ensuring they align with regulatory requirements and best practices in credit modeling.This role requires strong...

  • Risk Model Development Lead

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    Synchrony is a leading consumer financial services company delivering one of the industry's most comprehensive digitally enabled product suites. Our team has been recognized for its innovative approach to managing credit and fraud losses while elevating customer experience through data-driven insights.The Credit Team in India plays a vital role in...

  • Lead Data Scientist for Credit Modeling

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    **Company Overview**Synchrony is a leading consumer financial services company that provides innovative, digitally enabled products to consumers across various industries. With a strong presence in the market, we offer one of the most comprehensive product suites in the industry.We prioritize work-life balance and offer best-in-class benefits and programs...

  • Quantitative Analyst

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    Responsibilities and RequirementsIn this challenging and rewarding role, you will be responsible for managing the lifecycle of credit models, developing new models, and maintaining existing ones, ensuring compliance with regulatory requirements. Your expertise in model development, validation, and monitoring, along with your analytical and problem-solving...

  • Credit Modeling Expert

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    **Company Overview**Synchrony is a leading consumer financial services company that delivers a comprehensive suite of digitally enabled products.We have been recognized for our commitment to diversity and inclusion, with a 52% women diversity rate and a strong focus on employee well-being.The Credit Team plays a critical role in managing credit and fraud...

  • Credit Risk Manager

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    Company OverviewSynchrony is a leading consumer financial services company, delivering a comprehensive digitally enabled product suite. With a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more, we provide innovative solutions to meet the evolving needs of our customers.We have...

  • AVP of Risk Analysis

    7 days ago

    Kolkata, West Bengal, India Synchrony Full time

    Credit Team Overview:The Credit Team plays a critical role in managing credit and fraud losses, while elevating customer experience through data-driven insights. With access to alternative data sources, new technologies, and predictive analytics, we drive actionable decisions across the customer lifecycle.Our team of experts spans 10 pillars, covering...

  • Credit Analytics Specialist Lead

    7 days ago

    Kolkata, West Bengal, India Synchrony Full time

    Job DescriptionCompany OverviewSynchrony is a premier consumer financial services company delivering one of the industry's most complete digitally enabled product suites. Our experience, expertise, and scale encompass a broad spectrum of industries.We celebrate 52% women diversity, 105+ people with disabilities, and 50 veterans and veteran family members. We...

  • Lead Analyst, Credit Risk Development

    2 weeks ago

    Kolkata, West Bengal, India Synchrony Full time

    About the Role: We are seeking a talented individual to join our Credit Models team as a Lead Analyst. In this role, you will be responsible for managing models through their lifecycle, including development, evaluation, validation, monitoring, implementation testing, and documentation.">Key Responsibilities: Your primary responsibilities will...