Job ID: E2402545-12
Job Description:
Role Summary/Purpose:
This role contributes to implementing, maintaining and enhancing the independent oversight framework for Synchrony Treasury's market & liquidity risk management practices to ensure compliance with internal policies, procedures and regulatory requirements.
The employee will participate in ongoing monitoring, concurrent and targeted reviews of risk management processes across Treasury to help identify opportunities for enhancements.
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:
- Provide analytical support in assessing liquidity risk management processes, including liquidity stress testing assumptions, contingency funding plan and early warning indicators (EWIs), cash flow projections, etc.
- Provide analytical support in reviewing various components of interest rate risk (IRR) framework, including stress scenarios and assumptions and methodology for both net interest income (NII) and economic value of equity (EVE) simulations
- Assist in annual market and liquidity risk limits setting process
- Monitor limits, escalation thresholds, front line triggers and liquidity EWIs
- Support regulatory exams and internal audits
- Support cross-functional initiatives in oversight of capital, finance, as well as firm-wide governance as needed
- Manage and track issues identified during independent reviews
- Perform other ad hoc and/or special projects as instructed
Qualifications/Requirements:
- Bachelor's Degree in finance, business administration, economics or STEM majors
- Minimum 3 years of experience in Treasury, Capital, Finance, Credit, or related risk oversight functions in a financial institution
- In lieu of Bachelor's Degree, 6 years of experience in Treasury, Capital, Finance, Credit, or related oversight functions in a financial institution
- Minimum 2 years advanced Excel data analysis and PowerPoint skills
Desired Characteristics:
- Graduate degree with quantitative underpinning, CFA/FRM or other relevant certifications or designations
- Intermediate/Advanced EXCEL skills with demonstrable familiarity with pivot-tables, worksheet formulas and other techniques
- Intermediate/Strong PowerPoint skills, including ability to create understandable presentations that incorporate graphs other visual aides to portray complex subjects
- Demonstrated experience analyzing business data
- Knowledge of regulatory rules and guidance in market and liquidity risk
- Experience with interest rate risk management software
- Strong communication, interpersonal and process/project management skills
Grade/Level: 11
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.
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.
- N ew 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 8Diversity Networks , 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
Job Summary
JOB TYPE
Full Time
SALARY
$134k-180k (estimate)
POST DATE
07/16/2024
EXPIRATION DATE
08/01/2024
WEBSITE
synchrony.com
HEADQUARTERS
STAMFORD, CT
SIZE
15,000 - 50,000
FOUNDED
1932
CEO
MARGARET M KEANE
REVENUE
$10B - $50B
INDUSTRY
Banking
Related Companies
Royal Bank of Scotland SunTrust Patriot National Bancorp Westport Capital Partners LLC
About Synchrony Financial
Synchrony is a Connecticut-based consumer financial services company that provides customized financing programs for industries such as retail, health, auto, travel and home.
Show more
AVP, Treasury - Liquidity Management
Synchrony Financial
Remote | Full Time
$123k-155k (estimate)
2 Days Ago
AVP, National Account Manager (Eastern U.S.)
Synchrony Financial
Remote | Full Time
$69k-93k (estimate)
2 Days Ago
AVP, Platform Manager
Synchrony Financial
Remote | Full Time
$163k-215k (estimate)
3 Days Ago
Similar Jobs
Popular Articles
Top 10 Things to Avoid Putting on a Job Application Read Article How to Describe Your Education in a Resume Read Article How to Write a Memorable Cover Letter in 5 Ways Read Article 4 Personal Finance Tips to Make During Job Transition Read Article 4 Best Camera Setups for Interview Read Article Keeping a Job Search Journal: 9 Types of Journaling You Can Do Read Article