VP, Payment Networks

Job ID: 2500642

Job Description:

Role Summary/Purpose:

The VP, Payment Network Strategy & Analytics will support the VP of Payment Networks Strategy through the management of the strategic approach to the relationships with the payment networks and the development and execution of data-driven payment networks insights and analytics.  This role sits in the Business Strategy & Development (BS&D) function and plays a role in cross-functionally supporting all our business platforms (Digital, Health & Wellness, Home & Auto, Diversified & Value and Lifestyle).

Our Way of Working

We’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 Responsibilities:

• Develop and manage dashboards and ongoing data-driven analytics and insights to provide insight into performance and opportunities with the Payment Networks

• Create content to provide strategic updates to Synchrony's Executive Leadership Team, BS&D leadership, our five business platforms and other key functions

• Partner with BS&D and other key functions to continuously evolve our approach to the Payment Networks and Technology Provider Relationships

• Support the strategic management of the relationship with the Payment Networks and Technology Providers, including contract negotiation, the identification and deployment of network-related products and capabilities and the deployment of joint funds

• Assist in Business Development, particularly around both new deals and renewals

• Collaborate with Portfolio teams to deliver special projects such as emerging trend research, portfolio strategy updates, and partner workshops

• Perform other duties and/or special projects as assigned

Qualifications/Requirements:

• 3+ years leveraging data and analytics to drive critical business decisions

• Bachelor’s degree preferred with 6+ years’ experience in financial services, fintech, or payments or in lieu of a Bachelor Degree, must have a high school diploma / GED with 10+ years' experience in financial services, fintech, or payments

• 2+ years experience in managing strategic relationships, cross-functional management and data and analytics.  This could include roles in management consulting, corporate strategy, strategic planning, corporate development or other business strategy related roles

• 3+ years of experience with managing cross-functional business partners and senior leadership

• Strong communication skills, ability to communicate to C-level, excellent presentation skills

• Ability to travel 25%

Desired Characteristics:

• Strategy and analytics experience

• Experience in Financial Services, specifically consumer credit and working with the payments networks or technology providers

• Proficient in the use of MS Office product suite with advanced experience with Excel and PowerPoint

• Demonstrated ability to lead problem solving for complex business issues and work with multiple stakeholders and viewpoints

• MBA or Master’s Degree in finance, marketing, or strategy

• Experience in developing data-driven perspectives and presenting insights to business leaders

• High-level negotiation, communication, and influencing skills

Grade/Level: 12

                                                            

The salary range for this position is 110,000.00 – 185,000.00 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. 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 Commitment:

When you join us, you’ll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard—but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we’re building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+, with more than 60% of our workforce engaged, you’ll find community to connect with an opportunity to go beyond your passions.

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:

Business Strategy