Venue: GRT Grand Convention Centre120, Pondy Bazaar, T-Nagar, Chennai - 600017Date of Interview: 14th &amp; 15th July 2018Timings : 10am to 3pmJOB LOCATION : HYDERABAD About Us: Our journey together as Synchrony began on July 31, 2014 with an initial public offering of 125 million shares on the New York Stock Exchange. It marked our first official step in separating from General Electric Corporation and our former identity as GE Capital Retail Finance. On November 17, 2015, Synchrony officially became a fully independent company with the finalization of an exchange offer on the remaining SYF shares held by GE. While our company is- officially new, we've been around for a long time. Our roots trace back to the Great Depression, when we began serving consumers by financing purchases of GE appliances. Since then, we have grown into the largest provider of private label credit cards in the United States (based on purchase volume and receivables) and provide a diverse range of credit products that continue to help consumers finance their purchases of goods and services. That includes not only private label, but also co-branded credit cards, promotional financing and installment lending, loyalty programs, and Optimizer+plus branded FDIC-insured savings products through Synchrony Bank. By The Numbers - 85 years of history, built one customer at a time -More than 71 million - customer accounts$125 billion in financed sales in 2016More than 15-, 000 employees- each integral to our businessMore than $52 billion in deposits in FDIC-insured CDs, money market accounts and savingsStronger Connections. Broader Engagement. We've built relationships with national and regional retailers, healthcare providers, manufacturers and more. We serve hundreds of thousands of partner locations across the U.S. and Canada, and each one is important to us. Our financial expertise spans key product areas, including electronics and appliances, home furnishings, automotive, power products and sports, jewelry and luxury, other retail, elective healthcare procedures and services, and more.Our investments in technology across multiple platforms- in-store, online and mobile- allow us to engage consumers when and where they want. Our programs and tools strengthen the relationship between our business clients and their customers, driving growth and opportunity across the board. Who we are: Synchrony (NYSE: SYF) is one of the nation's premier consumer financial services companies. Our roots in consumer finance trace back to 1932, and today we are the largest provider of private label credit cards in the United States based on volume and receivables. We provide a range of credit products through programs we have established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers to help generate growth for our partners and offer financial flexibility to our customers. Through our partners' over 380,000 locations across the United States and Canada, and their websites and mobile applications, we offer our customers a variety of credit products to finance the purchases of goods and services.Synchrony offers private label and co-branded Dual Card- credit cards, promotional financing and installment lending, loyalty programs and FDIC-insured savings products through Synchrony online banking. Our Values: We're proud to say we- ve built a culture that stands for strong values and a shared purpose. It's a core part of our DNA, and a bold declaration of our commitment to do the right thing: for our partners, for our customers, and for our team members. Our purpose is to pioneer the future of financing, improving the success of every business we serve and the quality of each life we touch. Our values mark our past, inform our actions every day, and inspire our future. Innovation Stations: We're shaping the future of retail financing and customer engagement every day. How? We combine technology and analytics to stay ahead of emerging trends, then pilot new programs and partnerships to deliver innovative solutions fast. Synchrony ranked #23 Best Company to Work for in India by The Economic Times and Great Place to Work- . For further details pl logon to our website:<a href="www.syf.com" target="_blank" rel="noopener noreferrer"> www.syf.com</a> Role Summary/Purpose: A critical new role AVP, Model Validation, will be responsible in supporting model validation initiatives related to quantitative analytic modeling with the Synchrony Model Governance and Validation team. Essential Functions / Responsibilities: - Serve as a key contributor and lead analyst supporting independent model validation for various models (Credit, Finance, ALLL, Loss Forecasting, Stress Testing, etc); - Lead the review and maintenance of relevant model and model validation documentation, perform in depth analysis on large data sets, and prepare analysis and reports to support discussions on key analytics and model risks; - Work closely within the Risk organization to validate accuracy and performance of statistical models and to identify issues requiring further investigation; - Validate external vendors- models to ensure accuracy and relevancy; - Provide independent model review and validation services and support across functions at Synchrony Financial; - Liaise with the Synchrony Financial business teams to uncover and highlight model risk associated with models; and - Keep pace with the latest developments in academia, regulatory environment, risk technology (vendor and in-house) and financial services industries in order to provide expert guidance to the Synchrony Financial functions. - Embrace change and drive improvements cross-functionally. - Lead the model validation and governance team and identifying talent to further grow the team. - Establishing priorities and coordinating work - Create process controls and monitoring plans to ensure sound process governance. - Perform other duties and/or special projects as assigned Work on a number of different projects simultaneously, of varying complexity and length. - Proactively manage efforts to maintain stakeholder satisfaction, and quantify project benefits delivered - Influence Senior Management on new tools/solutions built by the team Qualifications / Requirements: - Masters or Ph.D. in Mathematics/Statistics, Operations Research, Economics, or other quantitative majors, or equivalent experience beyond Bachelors degree with minimum of 8 years of work experience in the relevant field. - 8+ years of experience in statistical modeling risk analytics position. - 5+ years- experience in coding with SAS, SQL, R or other equivalent tool within the recent 5 years - Strong written/oral communication skills. Desired Qualifications: Working knowledge in big data tools such as Hadoop HIVE, PIG or Apache Spark as plus; - The application of regulatory requirements for Model Risk (e.g. SR 11-7/OCC 2011-12); - Utilizing modeling techniques supporting one (or more) of the following: Capital Planning, Stress Testing (DFAST,CCAR), ALLL, or Loss Forecasting. - Ability to work in a matrix organization - Understanding of macro-economic conditions &amp; competitors trends - Exposure to R, Python &amp; Tableau

Hyderabad

Synchrony - AVP - Model Risk - Walkin 

Job Description for Synchrony - AVP - Model Risk - Walkin  in Synchrony Financial in  Hyderabad for (8-15) years of experience. Apply Now!