Job Description
JOB_POSTING-3-75486-1Job DescriptionRoles Summary/Purpose:Synchrony is hiring a VP, Strategy to support Strategy leadership and business executives in tackling some of the biggest questions facing the firm and the industry.Today, Synchrony is a premier financial technology company focusing on providing wing-to-wing credit solutions to our business partners and the end consumer. It is the largest underwriter of Private Label Credit Cards in the United States. In addition, Synchrony offers General Purpose Credit Cards (CoBrand, Dual Card), Promo Finance, Short & Long-term Installment, Deposit, and other products.This role reports to the SVP of Enterprise Strategy & M&A and will focus on cross-business growth and strategy initiatives and engage in the annual Strategy Session with SYF’s Board of Directors.Our Way of WorkingWe’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 ResponsibilitiesDevelop expertise in consumer payments and lending – market trends, competitive dynamics, etc.Collaborate with Strategy leadership and business executives to tackle some of the most ambiguous and challenging questions facing our industry and approach solving these problems through a data-driven, analytical approachEngage in the annual Strategy Session with SYF’s Board of Directors including defining the agenda, developing the general content, working with leadership to prepare their individual presentations, and ensuring a thoughtful, cohesive multi-day sessionDrive comprehensive research on competitors and the industry and develop a perspective on key industry trendsWork cross-functionally to ensure effective transition from strategy into designAssist in managing the annual strategic planning process that will create the long-term strategy for the businessPrepare detailed analyses and presentations for the CEO, Executive Leadership Team and Board of DirectorsPresent to and communicate with senior leadership across a matrixed organizationWork with M&A, Ventures and other stakeholders to execute an aligned acquisition / partnership strategyIncubate new ideas for strategic R&DPerform other duties and/or special projects as assignedQualifications/RequirementsBachelor’s Degree (MBA preferred) and 6+ years of relevant work experience, including 3+ years in Strategy Consulting...or in lieu of completed degree, must have 8+ years of relevant work experience, including 5+ years in Strategy ConsultingMinimum of 2 years of relationship management and leadership experience, including working with cross-functional business partners and senior leadership, communicating with both technical and non-technical resourcesMinimum of 2 years project management managing multiple programs/projects simultaneouslyStrength in developing data-driven perspectives and presenting insights to business leadersProficient in the use of MS Office product suite, particularly Excel, PowerPointDesired Characteristics3+ years at a top tier consulting firmMBA preferredExperience in Financial Services, specifically credit cards, is preferred but not requiredStrong quantitative skills with experience creating data-driven recommendationsExcellent interpersonal and communication skills, both written and verbal, with exceptional presentation skills and high emotional intelligenceExperience “managing up” to business executivesFlexible, collaborative approach and positive attitudeEntrepreneurial mindsetProject management skills with ability to manage multiple programs through a team-based approach in a fast-paced environmentGrade/Level: 13The salary range for this position is 130,000.00 - 210,000.00 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 RequirementsYou must be 18 years or olderYou must have a high school diploma or equivalentYou must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding processYou must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.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 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 CommitmentWhen you join us, you’ll be part of an inclusive culture where your individual skills, experience, and voice are not only heard – but valued. Together, we’re building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow.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. We’re proud to have an award-winning culture for all.Reasonable Accommodation NoticeFederal 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 TimeJob Family GroupBusiness Strategy
Job Application Tips
- Tailor your resume to highlight relevant experience for this position
- Write a compelling cover letter that addresses the specific requirements
- Research the company culture and values before applying
- Prepare examples of your work that demonstrate your skills
- Follow up on your application after a reasonable time period