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VP, Modeling Strategic Initiatives

VP, Modeling Strategic Initiatives

KY StaffingCincinnati, OH, US
7 hours ago
Job type
  • Full-time
Job description

VP, Modeling Strategic Initiatives

The VP, Modeling Strategic Initiatives sits within the Credit Organization's Model Development Center of Excellence (COE) and plays a critical leadership role in designing and driving the execution of innovative and strategic initiatives. This role will support the COE by evaluating opportunities for improvement, helping formulate solutions, building consensus on strategic roadmaps and supporting a continuous improvement agenda in alignment with business objectives. This leader partners closely with Model Development leadership to identify, structure, and lead key efforts that strengthen modeling practices, improve efficiency, and drive innovation across model development activities. This will entail collaborating with other key functions within the Credit organization as well as organizations (e.g., Technology, Growth, Risk, etc.) outside of it.

Essential Responsibilities :

  • Identify and actively solicit feedback within Credit organization and across other organization for opportunities to improve the value and efficiency of the model development function, including areas of accelerated cloud adoption, process optimization, GenAI use cases, enhanced and automated reporting, risk and control frameworks and more.
  • Translate Model Development COE priorities into actionable roadmaps with potential impact analysis, resource requirements, and measurable outcomes.
  • Oversee the development, execution, and continuous improvement of quality review protocols and coordinated processes (e.g., end-to-end model lifecycle) with data, technology and risk groups for model development activities.
  • Work closely with the SVP, Model Development to plan, update and prioritize current and proposed initiatives.
  • Identify and evaluate strategic opportunities across emerging technologies, market trends, competitor analysis, partnership value creation and operational capabilities to drive innovation within the Model Development COE; champion a test-and-learn culture and oversee the scaling of validated modeling approaches and pilot initiatives.
  • Support the partnership with other functions and teams, including development of joint operating processes with partner teams in Credit CoEs and allied support functions.
  • Play a key coordination and management role in the Modeling and Data Science Consultative Group (MDSCG).
  • Establish and manage governance frameworks, consistent and best-practice procedures for model development, MDSCG, capacity management, reporting cadences, and escalation protocols.
  • Read the identification and resolution of issues arising from model validations, monitoring flags, audits, or internal reviews; manage remediation plans, track progress, and ensure timely closure of issues while maintaining transparency with stakeholders, in partnership with governance functions in 2nd and 3rd line, as well as key governance contacts within partner 1st line teams.
  • Ensure that quality controls are applied throughout the modeling lifecycle, from inception through implementation and monitoring.
  • Design and maintain a capacity management framework for the Model Development CoE that aligns modeling resource allocations with business priorities and model development timelines, including workload distribution and support forecasting, as well as process or procedure for capacity management.
  • Conduct regular skills assessments in partnership with HR to identify gaps, inform upskilling initiatives, and ensure that the team's skill set remains aligned with evolving modeling demands and technologies.
  • Build and lead a high-performing, inclusive team of initiative leaders and analysts, focused on collaboration and growth.

Qualifications / Requirements :

  • Bachelors degree and 10+ years of experience in a strategic credit risk management role, or in lieu of a Bachelors degree, 14+ years of experience in credit risk management.
  • 5+ years of experience in model development or validation.
  • 5+ years of experience with technology, system and / or process design and adoption,
  • 5+ years of progressive experience in strategic program management, process transformation, or project management, preferably within financial services, risk management, or analytics organizations.
  • Proven track record of leading cross-functional strategic initiatives, change management programs, or continuous improvement efforts in a complex, matrixed environment.
  • Experience developing and managing governance frameworks, operating rhythms, and reporting cadences.
  • Strong analytical and critical thinking skills, with the ability to evaluate emerging technologies, innovation trends, and capability gaps.
  • Experience leading skills assessments, upskilling initiatives, and workforce planning activities in technical environments.
  • Desired Characteristics :

  • Exceptional verbal and written communication skills demonstrated through executive and cross-functional stakeholder engagement, detailed-oriented documentation, and visual storytelling.
  • Ability to organize and lead critical meetings across multiple organizations.
  • Advanced critical thinking skills in analytical problem-solving and the ability to use data to break down complex models.
  • Strong project management and leadership skills to achieve specific goals within a defined timeline and budget.
  • Ability to effectively share knowledge by translating complex, technical subject matter and providing actionable coaching and feedback across all levels.
  • Strong business acumen and familiarity with model governance frameworks, regulatory expectations, and internal audit processes (e.g., SR 11-7 compliance, MRM policies).
  • Grade / Level : 14

    The salary range for this position is $170,000.00 - $290,000.00 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 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 onboarding process.
  • You 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.
  • Our Commitment :

    When 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.

    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.

    Job Family Group : Credit

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    Strategic Initiative • Cincinnati, OH, US

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