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3 Synchrony Developer Jobs

AVP, Credit Model Development

6-11 years

Hyderabad / Secunderabad

1 vacancy

AVP, Credit Model Development

Synchrony

posted 25d ago

Job Role Insights

Flexible timing

Job Description

Job Description:

Role Title: AVP, Credit Model Development (L11)

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:

  • Develop acquisition account management Credit and Fraud model development using Statistical and other Machine Learning techniques like XGBoost, Random Forest, Light GBM etc.

  • Lead the Model Monitoring efforts, 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, and device action plans for the same.

  • Work on Model Documentation and support Model Risk Management team in completing their responsibilities including but not limited to Model validation reviews, Annual Reviews, periodical assessment.

  • Work with Credit Fraud strategy teams to understand the model usage in strategies, and explain the changes in model performance and suggest any changes that might be required in strategies.

  • Work independently with stakeholders on multiple projects and perform other duties and/or special projects as assigned.

  • Collaborate with cross functional teams, across the globe - Model Development, Model Risk Management, Data Infrastructure, as well as Business

  • Provide analytic support on key business initiatives and develop a strong working knowledge of the data warehouse and applicable analytic data systems.

  • Operate as a doer-leader, manage a team, with a focus on prioritizing deliverables / timelines, upskilling talent to latest techniques and technologies, as well as providing cross functional experiences

Required Skills/Knowledge:

  • Bachelors degree with quantitative underpinning (i.e., Risk, Economics, Finance, Mathematics, Statistics, Engineering) with minimum 5+ years experience in an analytical/quantitative role related to consumer lending or in lieu of a degree 7 + years of relevant experience in an analytical/quantitative role related to consumer lending.

  • Experience in Python, Pyspark , SAS/SQL and reporting tools like Tableau

  • Experience in credit risk and fraud model development end-to-end in areas such as application scorecards, behavioral models - account and customer level.

  • 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.

  • Should have experience leading small teams.

Desired Skills/Knowledge:

  • Strong working knowledge of transactional and credit bureau data e.g., FICO, Transunion, Equifax as well as knowledge of alternative data sources to enhance model development

  • 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:

Bachelors degree with quantitative underpinning (i.e., Risk, Economics, Finance, Mathematics, Statistics, Engineering) with minimum 5+years experience in an analytical/quantitative role related to consumer lending or in lieu of a degree 7+ 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 (First Formal/Final Formal, PIP)

  • L9+ Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.

  • L09+ Employees can apply

Grade/Level: 11

Job Family Group:

Credit


Employment Type: Full Time, Permanent

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Developer salary at Synchrony

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₹3.6 L/yr - ₹18 L/yr
41% more than the average Developer Salary in India
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What Synchrony employees are saying about work life

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77%
61%
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Flexible timing
Monday to Friday
No travel
Day Shift
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Synchrony Benefits

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Free Transport
Gymnasium
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Team Outings
Work From Home +6 more
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Synchrony Hyderabad / Secunderabad Office Location

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Hyderabad Office
Synchrony Financial International Services Pvt. Ltd., Regd. Office: Block 1A, Plot No 18, I-Labs Technology Center, Hi-Tech City, Madhapur Hyderabad
Telangana 500081

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