Role Title: Manager, Model Risk Management (L09)

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 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 51% women diversity, 105+ people with disabilities, and 50 veterans and veteran family members.

We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles.

Synchrony's Risk Team is a dynamic and innovative team dedicated to provide oversight as 2nd Line of Defense. As a member of this Team, you'll play a pivotal role for high quality model validation and to ensure modeling techniques and results are consistent with the respective strategic uses, models performing as intended, and complying with related MRM policies, standards, procedures as well as regulations. If you are passionate about Model validation and Modelling techniques then Synchrony's Risk team is the place to be.

The Manager, Model Validation is responsible for model validation focusing on statistical, Machine Learning (ML)



and other models and ensure they are meeting the related Model Risk Management policies, standards, procedures as well as regulations (SR 11-7). Conduct full scope model review, annual review, ongoing monitoring model performance etc. Evaluate model development data quality, methodology conceptual soundness and accuracy, and conduct model performance testing including back-testing, sensitivity analysis, benchmarking, etc. Conduct in-depth analysis of large data sets and support the review and maintenance process of relevant models and model validation documentation.

Communicate technical information verbally and in writing to both technical and business team effectively. Additionally the role requires the capability to write detailed validation documents/reports for management

Support in additional book of work or special projects as in when required.

Bachelor's/Master's degree (or foreign equivalent) in Statistics, Mathematics, or Data Science and 2+ years' experience in model development or model validation experience in the retail section of a U.S. financial services or banking; in lieu of a Master's degree,



4+ years' experience in model development / model validation experience in the retail section of financial services or banking.

Knowledge and experience of customer facing models including fraud acquisition, transaction fraud, credit acquisition, credit account management and marketing models.

Understanding of quantitative analysis methods or approaches in relation to credit risk models.

Strong programing skills with 2+ years' hands-on and proven experience utilizing Python, Spark , SAS, SQL, Data Lake to perform statistical analysis and manage complex or large amounts of data

2+ years of proven experience in Model Risk Management or model development in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline.

~ Bachelor's/Master's degree (or foreign equivalent) in Statistics, Mathematics, or Data Science and 2+ years' experience in model development or model validation experience in the retail section of a U.S. financial services or banking; in lieu of a Master's degree, 4+ years' experience in model development / model validation experience in the retail section of financial services or banking.

The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs. Inform your Manager or HRM before applying for any role on Workday.

Ensure that your Skilled Profile is updated (fields such as Education, Prior experience, Other skills) and it is mandatory to upload your updated resume (Word or PDF format)

Credit

📌 Head of Risk Management - Banking (Delhi)
🏢 Synchrony
📍 Delhi