π Core Information
πΉ Job Title: AVP, Acquisition Strategy
πΉ Company: Synchrony
πΉ Location: Alpharetta Site, Charlotte (Ballantyne) Site, Stamford Remote CT, Chicago Site, Chicago Remote IL
πΉ Job Type: Full-Time
πΉ Category: Financial Services
πΉ Date Posted: May 6, 2025
πΉ Experience Level: Mid-Senior level (5-10 years)
πΉ Remote Status: Hybrid (on-site and remote work)
π Job Overview
Key aspects of this role include:
- Developing and implementing credit acquisition strategies for multiple clients
- Minimizing risks for both Synchrony and retail partners while balancing risk-reward tradeoffs
- Utilizing advanced analytics to build custom credit risk strategies and perform strategy validation
- Collaborating with client teams to identify improvement opportunities and customize strategies
- Communicating strategy recommendations clearly and concisely during meetings
ASSUMPTION: This role requires a strong understanding of credit risk and advanced analytics to develop and implement effective acquisition strategies.
π Key Responsibilities
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Develop, implement, and monitor new account credit strategies that drive profitable growth while operating within the risk appetite
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Create strategies that minimize both Synchronyβs and the retail partnersβ risks, while balancing the riskβreward tradeoff
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Use advanced analytics to build custom credit risk strategies, perform strategy validation, testing, implementation, and on-going monitoring of key credit metrics
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Drive enhanced strategies using champion/challenger learnings to reduce credit risk and improve customer experience
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Proactively research and identify areas of opportunity for improvement, work closely with the client teams to identify client needs and customize strategies that are mutually beneficial
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Communicate effectively by articulating strategy recommendations clearly and concisely during meetings
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Complete required strategy documentation and meet audit standards
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Work closely with implementation team to ensure strategy is implemented correctly through pre and post implementation validation
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May provide direction and support to other team members including mentorship
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May perform other duties and/or special projects as assigned
ASSUMPTION: This role may require occasional on-site presence for meetings, training, and culture events, despite being primarily remote.
π― Required Qualifications
Education: Bachelor's Degree in Economics, Mathematics, Physics, Statistics, or other quantitative field
Experience: 4+ years of experience with analytics in credit or fraud in the financial services industry
Required Skills:
- Advanced analytics and data-driven decision-making
- Credit risk assessment and management
- Strong communication and collaboration skills
- Ability to manage multiple projects and perform in a fast-paced environment
- Proven ability to work with data sources, data warehouses, and database tools
Preferred Skills:
- MS/PhD in a quantitative field plus 3 yearsβ experience in data science or machine learning
- Experience with data tools such as SAS, Python, and/or SQL
ASSUMPTION: While not explicitly stated, proficiency in data analysis tools and programming languages is highly desirable for this role.
π° Compensation & Benefits
Salary Range: $110,000 - $185,000 USD Annual (based on experience level and market adjustments in CA, NY Metro, and Seattle)
Benefits:
- Competitive benefits package
- 401(k) plan with company match
- Health, dental, and vision insurance
- Flexible spending accounts
- Employee stock purchase plan
- Tuition assistance
- Paid time off (vacation, sick, and holidays)
Working Hours: Full-time (40 hours per week) with flexible work arrangements
ASSUMPTION: The salary range provided is an estimate based on industry standards for similar roles and may vary depending on the candidate's experience and location.
π Applicant Insights
π Company Context
Industry: Financial Services, specifically consumer finance, payments, and promotional financing
Company Size: 10,000+ employees (large enterprise)
Founded: 1932 (as a division of General Electric, became an independent company in 1983)
Company Description:
- Synchrony is a leading provider of consumer credit products and services
- Offers a range of credit products, including credit cards, personal loans, and promotional financing
- Partners with a wide range of retailers and healthcare providers to offer financing options to their customers
Company Specialties:
- Consumer finance
- Payments
- Promotional financing
- Installment lending
- Savings products
- Banking and online banking
Company Website: Synchrony.com
ASSUMPTION: Synchrony's large size and extensive partnerships provide ample opportunities for career growth and exposure to diverse projects.
π Role Analysis
Career Level: Mid-Senior level (5-10 years of experience)
Reporting Structure: This role reports directly to the Senior Vice President of Acquisition Strategy
Work Arrangement: Hybrid (on-site and remote work, with occasional on-site presence required)
Growth Opportunities:
- Potential to advance to a Senior Vice President or Vice President role within the acquisition strategy team
- Opportunities to lead projects and mentor junior team members
- Possibility to transition into other areas of the business, such as risk management or marketing, based on interests and performance
ASSUMPTION: This role offers significant growth potential within the acquisition strategy team and across the broader organization.
π Location & Work Environment
Office Type: Synchrony has multiple office locations and offers a hybrid work arrangement
Office Location(s): Alpharetta, GA; Charlotte, NC; Stamford, CT; Chicago, IL
Geographic Context:
- Alpharetta, GA: A suburb of Atlanta with a mix of urban and suburban living
- Charlotte, NC: A major city in the southeastern United States, known for its financial industry and professional sports teams
- Stamford, CT: A city in Fairfield County, Connecticut, with a mix of urban and suburban areas
- Chicago, IL: A major city in the Midwestern United States, known for its diverse culture, architecture, and professional sports teams
Work Schedule: Full-time (40 hours per week) with flexible work arrangements
ASSUMPTION: The hybrid work arrangement allows for a balance between on-site collaboration and remote work, catering to different work preferences.
πΌ Interview & Application Insights
Typical Process:
- Phone or video screen with a member of the HR team
- Technical assessment or case study review
- On-site or virtual interview with the hiring manager and team members
- Final interview with the Senior Vice President of Acquisition Strategy
Key Assessment Areas:
- Technical skills and experience with credit risk and data analysis
- Communication and collaboration skills
- Problem-solving abilities and strategic thinking
- Cultural fit and alignment with Synchrony's values
Application Tips:
- Highlight relevant experience and achievements in credit risk, data analysis, and project management
- Tailor your resume and cover letter to emphasize skills and experiences that match the job requirements
- Prepare for behavioral and situational interview questions that focus on problem-solving, communication, and collaboration
ATS Keywords: Credit acquisition, credit risk, data analysis, strategy development, project management, financial services
ASSUMPTION: The interview process is designed to assess both technical skills and cultural fit, with a focus on problem-solving and communication abilities.
π οΈ Tools & Technologies
- SAS
- Python
- SQL
- Data visualization tools (e.g., Tableau, Power BI)
- Microsoft Office Suite
ASSUMPTION: Proficiency in data analysis tools and programming languages is essential for this role, as it requires building and implementing custom credit risk strategies.
π Cultural Fit Considerations
Company Values:
- Put customers first
- Act with integrity
- Collaborate and win together
- Innovate and adapt
- Deliver results
Work Style:
- Data-driven decision-making
- Collaborative and team-oriented
- Fast-paced and dynamic
- Focused on results and continuous improvement
Self-Assessment Questions:
- How have you used data-driven insights to improve credit acquisition strategies in previous roles?
- Can you describe a time when you had to balance risk and reward in a credit acquisition strategy, and how you approached it?
- How do you ensure effective collaboration with cross-functional teams to implement new strategies?
ASSUMPTION: Synchrony values a data-driven, collaborative, and results-focused work environment, with a strong emphasis on customer-centricity and integrity.
β οΈ Potential Challenges
- Managing multiple projects and deadlines in a fast-paced environment
- Balancing the risk-reward tradeoff in credit acquisition strategies
- Occasional on-site presence required for meetings, training, and culture events
- Working with large datasets and complex data analysis tools
ASSUMPTION: This role may present challenges related to workload, data analysis, and occasional on-site presence, but offers significant growth opportunities and a dynamic work environment.
π Similar Roles Comparison
- Compared to other acquisition strategy roles, this position offers a broader range of client partnerships and a larger scale of impact
- In the financial services industry, Synchrony is known for its extensive consumer credit offerings and partnerships with major retailers and healthcare providers
- Career progression in this role may lead to senior leadership positions within the acquisition strategy team or transitions into other areas of the business
ASSUMPTION: This role provides a unique opportunity to work with a wide range of clients and have a significant impact on Synchrony's acquisition strategy, with potential for career growth and advancement.
π Sample Projects
- Developing and implementing a new credit acquisition strategy for a major retail partner to drive growth while minimizing risk
- Analyzing historical data to identify trends and opportunities for improving credit risk strategies across multiple client partnerships
- Collaborating with the implementation team to ensure the successful rollout of a new acquisition strategy, including pre- and post-implementation validation
ASSUMPTION: These sample projects illustrate the data-driven, collaborative, and strategic nature of the AVP, Acquisition Strategy role at Synchrony.
β Key Questions to Ask During Interview
- Can you describe the typical career path for someone in this role, and what opportunities exist for growth and advancement?
- How does this role collaborate with other teams within Synchrony, such as risk management, marketing, and product development?
- What are the most significant challenges facing the acquisition strategy team currently, and how can this role address them?
- How does Synchrony support the professional development and growth of its employees in this role?
- What is the work-life balance like for someone in this role, and how does Synchrony support work-life balance for its employees?
ASSUMPTION: Asking these questions demonstrates a strong interest in the role, the team, and the company, and provides valuable insights into the work environment and growth opportunities.
π Next Steps for Applicants
To apply for this position:
- Submit your application through this link
- Tailor your resume and cover letter to highlight relevant skills and experiences, such as credit risk, data analysis, and project management
- Prepare for behavioral and situational interview questions that focus on problem-solving, communication, and collaboration
- Research Synchrony's company culture and values to demonstrate your fit and enthusiasm for the role
- Follow up with the HR team one week after submitting your application to inquire about the status of your application
β οΈ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.