VP, Internal Audit – Growth & Risk Management

Job ID: 2500378

Job Description:

Role Summary/Purpose:

The VP, Internal Audit – Growth and Risk Management is responsible for leading a team of audit professionals as they perform audit continuous monitoring on two critical functions at Synchrony, our Growth organization and our Independent Risk Management organization. The successful candidate for this role will lead a team that will conduct risk assessments, continuous monitoring, and validation of corrective actions activities to provide an independent and objective assessment of risk management practices, governance and control frameworks.

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:

• Lead the team to successfully execute audit and continuous monitoring engagement in line with department and regulatory expectations, ensuring timely completion of multiple concurrent deliverables

• Lead, motivate and develop audit team members and promote a culture of feedback and growth

• Foster strong, collaborative relationships with various levels of Internal Audit leadership and key stakeholders

• Influence Senior Management on maters that will have significant impact on the subject areas

• Assist in the development of the Audit Plan, conducting risk assessments, and updating coverage approaches as necessary

• Prepare high quality audit deliverables, including planning memoranda, audit programs, working papers, draft of audit issues and audit reports

• Ensure Audit Managers have documented audit work papers that clearly and succinctly articulate the process, risks, controls, testing procedures, testing results and conclusions

• Prepare the Annual Risk Governance Framework Assessment (Heightened Standards) and maintain appropriate coverage of risk management standards across the Internal Audit universe.

• Lead in research of relevant banking, regulation, reporting and operational topics

• Maintain technical subject matter expertise and internal audit competency through ongoing professional development

• Perform other duties and/or special projects as assigned

Qualifications/Requirements:

• Bachelor’s degree in accounting, finance, business, or an equivalent related field and 10 years of Audit or Risk Management experience or in lieu of degree, 15 years equivalent experience.

• 4 years experience in audit methodology, standards, and practices, including Institute of Internal Auditors Standards

• Currently holds or is actively pursuing CPA, CIA, or other relevant professional certification

Desired Characteristics:

• Knowledge and experience with FRB, BHC, OCC, and FDIC regulatory risk management requirements and related guidance including Heightened Standards, and consumer regulations such as Fair Lending, Equal Credit Opportunities Act, Truth in Lending.  

• Strong oral and written communication, presentation, and facilitation skills, including the ability to interact with various levels or the organization

• Ability to lead remote teams and work in a matrixed organization

• Ability to effectively challenge the business and influence positive change in the organization

• Experience developing auditing teams and creating an inspiring and motivating culture

Grade/Level: 13

                                                                      

The 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 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:

Internal Audit