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Walk-in for Manager - Credit Model Development on 14th & 15th July 2018 @ Synchrony, Chennai

Keywords / Skills : Hadoop HIVE, PIG, Consumer Lending statistical modeling, risk analytics, SAS, Python, R, SR 11-7, OCC 2011-12, ALLL, Loss Forecasting, Stress Testing, Capital Planning, CECL

5 - 10 years
Posted: 2018-07-10

Job Description
Chennai Hiring Drive - 14th & 15th July 2018

Timings : 10am to 3pm

Venue:

GRT Grand Convention Centre

120, Pondy Bazaar, T-Nagar, Chennai – 600017

JOB LOCATION : HYDERABAD

Title : Manager – Credit Model Development

Role Summary/Purpose:

A critical new role Manager, Credit Model Development, will be responsible for providing analytical/quantitative input to develop, document, implement and monitor the build of complex consumer credit risk loss forecasting, reserve and capital models. This successful candidate will use their business analysis, process, and quantitative knowledge to ensure business intent is matched with modeling outcome, and document development decisions under SR11‐7 guidelines. In addition to responsibilities on individual modeling projects this role will be expected to work on ad‐hoc projects as needed. Communicating these to leadership is essential.

This is a great opportunity for a modeler/statistician/data analyst/programmer with experience in consumer credit analysis. We offer a dynamic, collaborative team environment with a strong credit risk management culture.

Essential Functions / Responsibilities:

-Serve as a key contributor and lead analyst supporting model development for various models (ALLL, Loss Forecasting, Stress Testing, Capital Planning and CECL)

-Perform in depth analysis on large data sets, and prepare analysis and reports to support discussions on key analytics and model risks

-Support development, documentation, implementation and monitoring of ALLL and capital stress testing models using SAS/Python or R

-Work closely within the credit organization to validate accuracy and performance of statistical models and to identify issues requiring further investigation

-Assist in development/understanding of vendor models to ensure accuracy and relevancy

-Provide independent research and analysis to support conceptual soundness of key models

-Liaise with the Synchrony Financial business teams to uncover and highlight model risk associated with models

-Keep pace with the latest developments in academia, regulatory environment, risk technology (vendor and in-house) and financial services industries to embrace change and drive improvements cross-functionally.

-Perform other duties and/or special projects as assigned

Qualifications / Requirements :

-Masters or Ph.D. in Mathematics/Statistics, Operations Research, Economics, Finance or other quantitative discipline

-5+ years of experience in Consumer Lending statistical modeling/risk analytics, preferably related to credit cards

-3+ years in coding with SAS, Python, R or other equivalent tool within the recent 5 years

-Strong written/oral communication skills

Desired Qualifications :

-Utilizing modeling techniques supporting one (or more) of the following: ALLL, Loss Forecasting Capital Planning, Stress Testing (DFAST,CCAR)

-Working knowledge in big data tools such as Hadoop HIVE, PIG or Apache Spark as plus

-The application of regulatory requirements for Model Development (e.g. SR 11-7/OCC 2011-12)

-Ability to work in a matrix organization

-Understanding of macro-economic conditions & competitor’s trends

-Exposure to R, Python & Tableau

About Us:

Our journey together as Synchrony began on July 31, 2014 with an initial public offering of 125 million shares on the New York Stock Exchange. It marked our first official step in separating from General Electric Corporation and our former identity as GE Capital Retail Finance.

On November 17, 2015, Synchrony officially became a fully independent company with the finalization of an exchange offer on the remaining SYF shares held by GE.

While our company is officially new, we've been around for a long time. Our roots trace back to the Great Depression, when we began serving consumers by financing purchases of GE appliances. Since then, we have grown into the largest provider of private label credit cards in the United States (based on purchase volume and receivables) and provide a diverse range of credit products that continue to help consumers finance their purchases of goods and services. That includes not only private label, but also co-branded credit cards, promotional financing and installment lending, loyalty programs, and Optimizer+plus branded FDIC-insured savings products through Synchrony Bank.

By The Numbers

85 years of history, built one customer at a time

More than 71 million customer accounts

$125 billion in financed sales in 2016

More than 15,000 employees—each integral to our business

More than $52 billion in deposits in FDIC-insured CDs, money market accounts and savings

Stronger Connections. Broader Engagement.

We've built relationships with national and regional retailers, healthcare providers, manufacturers and more. We serve hundreds of thousands of partner locations across the U.S. and Canada, and each one is important to us.

Our financial expertise spans key product areas, including electronics and appliances, home furnishings, automotive, power products and sports, jewelry and luxury, other retail, elective healthcare procedures and services, and more.

Our investments in technology across multiple platforms—in-store, online and mobile—allow us to engage consumers when and where they want. Our programs and tools strengthen the relationship between our business clients and their customers, driving growth and opportunity across the board.

Who we are

Synchrony (NYSE: SYF) is one of the nation's premier consumer financial services companies. Our roots in consumer finance trace back to 1932, and today we are the largest provider of private label credit cards in the United States based on volume and receivables.

We provide a range of credit products through programs we have established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers to help generate growth for our partners and offer financial flexibility to our customers.

Through our partners' over 380,000 locations across the United States and Canada, and their websites and mobile applications, we offer our customers a variety of credit products to finance the purchases of goods and services.

Synchrony offers private label and co-branded Dual Card™ credit cards, promotional financing and installment lending, loyalty programs and FDIC-insured savings products through Synchrony online banking.

Our Values

We’re proud to say we’ve built a culture that stands for strong values and a shared purpose. It’s a core part of our DNA, and a bold declaration of our commitment to do the right thing: for our partners, for our customers, and for our team members.

Our purpose is to pioneer the future of financing, improving the success of every business we serve and the quality of each life we touch.

Our values mark our past, inform our actions every day, and inspire our future.

Innovation Stations

We're shaping the future of retail financing and customer engagement every day. How? We combine technology and analytics to stay ahead of emerging trends, then pilot new programs and partnerships to deliver innovative solutions fast.

Synchrony ranked #23 Best Company to Work for in India by The Economic Times and Great Place to WorkÒ.

For further details pl logon to our website: www.syf.com



About Company

Synchrony Financial Overview:
With roots in consumer finance that trace back to 1932, Synchrony Financial is a leader in consumer credit and promotional financing, providing a range of products for a diverse group of national and regional retailers; including Main Street mainstays, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. We are the largest provider of private label credit cards in the United States based on purchase volume and receivables and we provide co-branded dual card credit cards, promotional financing and installment lending, loyalty programs and FDIC-insured savings products through Synchrony Bank. Who do we serve? Hundreds of thousands of customers across the U.S. and Canada spanning the electronics and appliances, home furnishings, automotive, power products and sports, jewelry and luxury, retail and healthcare industries.

Our purpose is clear: we are committed to pioneering the future of financing, improving the success of every business we serve and the quality of each life we touch. This is fitting because when you join Synchrony Financial, you’re joining an organization that recognizes that our people are our greatest asset —every single one of them. That’s why we are deeply committed to investing in the growth of each member of our team. And with 80 years of experience, we know how to develop talent. At Synchrony Financial, we work hard to offer competitive rewards, compensation and benefits. When you join us, you become part of a stimulating work environment with vast opportunities to sharpen your skills and embrace new leadership challenges.


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