FAQs
Do we support remote work?
Yes, we support remote work in a hybrid format, allowing flexibility to work from home, near one of our Hubs, or in the office.
What is the primary responsibility of the VP, Fair Lending Reporting?
The primary responsibility is to lead and develop the preparation, validation, and submission of small business lending data to the Consumer Financial Protection Bureau (CFPB) in compliance with Section 1071 of the Dodd-Frank Act.
What qualifications are required for this position?
The role requires a Master’s degree with a minimum of 5 years of experience in regulatory reporting or compliance in financial services, or a bachelor’s degree with 8 years of similar experience, along with specific experience in regulatory reporting frameworks.
What tools or skills are preferred for this role?
Preferred skills include experience with programming languages, SAS Viya, Data Lake, Tableau, and familiarity with bank credit card products and associated regulations.
Will this position involve interaction with regulatory agencies?
Yes, this position will involve preparing and submitting reports to regulatory agencies like the CFPB, Federal Reserve, or other financial regulators.
What is the salary range for this position?
The salary range for this position is $130,000.00 - $210,000.00 annually, with eligibility for an annual bonus based on individual and company performance.
Are there any requirements regarding legal authorization to work in the U.S.?
Yes, legal authorization to work in the U.S. is required, and we will not sponsor individuals for employment visas for this job opening.
Is prior experience with Section 1071 important for this role?
Yes, understanding of Section 1071 of the Dodd-Frank Act is highly desired as it relates directly to the responsibilities of this position.
Does the company focus on diversity and inclusion?
Yes, Synchrony is committed to building a diverse, inclusive culture where all individual perspectives are valued and celebrated.
What should an applicant do if they require a reasonable accommodation during the application process?
Applicants who require reasonable accommodations should contact the Career Support Line to discuss their specific situation.