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AVP, Acquisition Strategy

Synchrony
Full-time
On-site
Chicago, Illinois, United States
🌐 Digital Marketing

πŸ“Œ Core Information

πŸ”Ή Job Title: AVP, Acquisition Strategy

πŸ”Ή Company: Synchrony

πŸ”Ή Location: Alpharetta Site, Charlotte (Ballantyne) Site, Stamford Remote CT, Chicago Site, Chicago Remote IL

πŸ”Ή Job Type: Full-Time

πŸ”Ή Category: Financial Services

πŸ”Ή Date Posted: May 6, 2025

πŸ”Ή Experience Level: Mid-Senior level (5-10 years)

πŸ”Ή Remote Status: Hybrid (on-site and remote work)

πŸš€ 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.

πŸ“‹ Key Responsibilities

βœ… Develop, implement, and monitor new account credit strategies that drive profitable growth while operating within the risk appetite

βœ… Create strategies that minimize both Synchrony’s and the retail partners’ risks, while balancing the risk–reward tradeoff

βœ… Use advanced analytics to build custom credit risk strategies, perform strategy validation, testing, implementation, and on-going monitoring of key credit metrics

βœ… Drive enhanced strategies using champion/challenger learnings to reduce credit risk and improve customer experience

βœ… 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

βœ… Communicate effectively by articulating strategy recommendations clearly and concisely during meetings

βœ… Complete required strategy documentation and meet audit standards

βœ… Work closely with implementation team to ensure strategy is implemented correctly through pre and post implementation validation

βœ… May provide direction and support to other team members including mentorship

βœ… 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.

🎯 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 years’ 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.

πŸ’° 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.

πŸ“Œ Applicant Insights

πŸ” 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.

πŸ“Š 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.

🌍 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.

πŸ’Ό 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.

πŸ› 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.

πŸ‘” 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.

⚠️ 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.

πŸ“ˆ 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.

πŸ“ 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.

❓ 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.

πŸ“Œ 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

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.