VP, Retail Card Finance - Pricing (L14)

Synchrony Financial Stamford, CT
Job Description:

Role Summary/Purpose:

As part of the Retail Card Pricing team - you will participate in managing deal processes for Retail Card Finance. This involves renewals, pricing changes (including promos), contract negotiations, portfolio acquisitions and start-ups.

Essential Responsibilities:

* Support Pricing leader in managing deal processes for Retail Card Finance for renewals, pricing changes (including promos), contract negotiations, portfolio acquisitions and start-ups. For select startups lead the pricing process.

* Analyze and propose deal economic structures for renewal and startup opportunities.

* Develop appropriate economic sensitivities for 2nd line, Pre-Investment Committee, and regulatory requirements.

* As part of contract negotiation team, participle and in select instances lead the discussion on pricing matters by working closely with Legal, Underwriting and Client.

* Engage in Third Party discussions including on-site proposal meetings with customers and their representatives.

* Provide due diligence support and leadership as needed for portfolio purchases and valuations,

* Lead and execute key projects to improve the transparency and sustainability of pricing process e.g. model enhancements, client compensation analysis, promotional pricing.

* Work with cross-functional deal team (Risk, Marketing, Sales/Business Development) in developing assumptions & ensure all assumptions are aligned.

* Interface with Senior Leadership. Provide meaningful information to leadership team to drive informed business decisions.

* Integral part of the business development team with insight into growth dynamics of the consumer lending business as well as the competitive marketplace.

* Present the results from deal pricing and projects to senior leadership team.

* Participate and in some instances lead pricing discussions in Pre-Investment Committee Meetings


* Bachelors Degree in Accounting or Finance or in lieu of degree, 12 years equivalent experience.

* Minimum 7 years progressive financial experience

* Minimum of 5 years of financial modeling experience

Desired Characteristics:

* Strong analytical skills including the ability to identify key trends, quantify analysis and recommend changes to meet objectives

* Must have an excellent presence and be able to communicate well and present ideas in a clear and concise manner.

* Proven process skills including a demonstrated ability to drive change

* Resourceful, creative; independent, ability to work in a fast pasted dynamic environments

* Ability to work well in a team environment and to effectively interact with senior management and the Sales/Business Development organization

* Knowledge of Consumer finance preferred

* CPA/MBA preferred

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 selection process

* You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

* Effective 1-1-18, 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 24 months' time in position before they can post. All internal employees must have at least a "consistently meets expectations" performance rating 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 requirement).

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.

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.

The salary range for this position is 100,000.00 - 200,000.00 USD Annual

Salaries are adjusted according to market in CA and Metro NY and some positions are bonus eligible.

Grade/Level: 14

Job Family Group: