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VP, Marketing - Luxury

Synchrony
Full-time
On-site
Kansas City, Kansas, United States
🌐 Digital Marketing

πŸ“Œ Core Information

πŸ”Ή Job Title: VP, Marketing - Luxury

πŸ”Ή Company: Synchrony

πŸ”Ή Location: Cincinnati West Chester Site, Charlotte (Ballantyne) Site, Stamford Remote CT, Chicago Site, Kansas City Remote KS

πŸ”Ή Job Type: Full-Time

πŸ”Ή Category: Marketing

πŸ”Ή Date Posted: 2025-04-08

πŸ”Ή Experience Level: 10+ years

πŸ”Ή Remote Status: Hybrid

πŸš€ Job Overview

Key aspects of this role include:

  • Leading the marketing organization for middle market Jewelry, Fine Art, and fragmented dealer programs
  • Developing and implementing marketing strategies to achieve client and merchant business objectives
  • Collaborating cross-functionally with business, sales, and partner organizations
  • Driving incremental cardholder growth and card usage
  • Leading and developing a team of direct reports

ASSUMPTION: This role requires a strategic mindset, strong leadership skills, and a deep understanding of marketing strategies and tactics within the financial services industry.

πŸ“‹ Key Responsibilities

βœ… Lead, develop, implement, and monitor dynamic annual growth strategies and plans in collaboration with business and client teams

βœ… Lead and develop new client’s financing program value propositions and go-to-market strategies

βœ… Establish and develop key relationships at senior levels of client organizations

βœ… Understand and incorporate clients’ key business objectives, strategic vision, and marketing calendar into planning processes

βœ… Optimize marketing spend and pursue additional funds to meet growth goals

βœ… Identify portfolio segments to target for partner and business gain; test and implement programs to grow these segments

βœ… Manage all aspects of the value proposition, including acquisition offers, lifecycle campaigns, loyalty programs, and tracking industry trends

βœ… Drive programs to effectively work in a multi-channel environment and ensure digital assets are in place and optimized

βœ… Monitor and manage performance of all key credit and marketing metrics vs. plan and assist in the development of the Synchrony Financial planning cycle

βœ… Lead and develop a team of direct reports

βœ… Bring a curious approach to learning this new client and their consumers

βœ… Perform other duties and/or special projects as assigned

ASSUMPTION: This role requires a high level of strategic thinking, cross-functional collaboration, and the ability to manage multiple projects and teams simultaneously.

🎯 Required Qualifications

Education: Bachelor's degree or, in lieu of a degree, a high school diploma/GED and 15 years of marketing experience

Experience: A minimum of 8 years of marketing experience, preferably in credit card or financial services, including:

  • 5 years of growth marketing leadership with exposure to consumer-facing programs and products
  • 5 years of experience with developing and delivering financial services products via digital channels
  • 5 years of experience in PLCC or general-purpose credit card product management

Required Skills:

  • Marketing leadership
  • Growth marketing
  • Digital marketing
  • Product management
  • Data analysis
  • Customer relationship management
  • Loyalty programs
  • Market diagnosis
  • Business case development
  • Cross-functional collaboration
  • Client relationship management
  • Performance monitoring
  • Team development
  • Consumer insights
  • Multi-channel marketing
  • Financial services products

Preferred Skills:

  • Experience with fragmented dealer relationship management and marketing strategies
  • Direct-to-consumer product marketing experience with both acquisition and loyalty/lifecycle channels
  • Ability to use a Customer Data Platform (CDP) to collect and unify customer data across various channels
  • Ability to diagnose and stop low ROI work processes and elevate high ROI initiatives

ASSUMPTION: Candidates with a strong background in marketing, particularly within the financial services industry, and a proven track record of driving growth and leading teams will be most successful in this role.

πŸ’° Compensation & Benefits

Salary Range: $130,000.00 - $210,000.00 USD Annual

Benefits:

  • Annual bonus based on individual and company performance
  • Market-based salary adjustments for CA, NY Metro, and Seattle

Working Hours: 40 hours per week, with the ability to travel as needed (~20%)

ASSUMPTION: The salary range provided is based on industry standards for a VP-level marketing role within the financial services sector. Benefits are subject to change and may vary based on the employee's location and role.

πŸ“Œ Applicant Insights

πŸ” Company Context

Industry: Financial Services, specifically consumer financing and payments

Company Size: 10,001+ employees, providing a large and diverse work environment with numerous growth opportunities

Founded: Synchrony was founded in 1932 as a division of General Electric and became a standalone company in 2014

Company Description:

  • Synchrony is a leading consumer financial services company offering a wide range of specialized financing programs, including credit, promotional, and installment lending, as well as savings products
  • The company partners with a large and diverse group of national and regional retailers, including over 350,000 merchant locations across the United States and Canada
  • Synchrony also offers private label credit cards, co-branded credit cards, and loyalty programs through various partners

Company Specialties:

  • Consumer financing
  • Payments
  • Promotional financing
  • Installment lending
  • Savings products
  • Banking and online banking

Company Website: https://www.synchrony.com

ASSUMPTION: Synchrony's extensive network of partners and diverse product offerings provide a dynamic and challenging work environment with numerous opportunities for career growth and development.

πŸ“Š Role Analysis

Career Level: Executive (VP) level, reporting directly to the General Manager of the Lifestyle Business Team

Reporting Structure: This role will have direct reports and will collaborate with various teams, including business, sales, and partner organizations

Work Arrangement: Hybrid, with the ability to work remotely and the expectation to commute to the nearest office for in-person engagement activities

Growth Opportunities:

  • Potential to expand the role's scope and impact as the business grows and evolves
  • Opportunities to develop and mentor direct reports, fostering a high-performing team
  • Potential to take on additional responsibilities or move into other leadership roles within the organization

ASSUMPTION: This role offers significant growth potential for the right candidate, with the opportunity to make a substantial impact on the business and advance their career within a large and established organization.

🌍 Location & Work Environment

Office Type: Hybrid, with the ability to work remotely and the expectation to commute to the nearest office for in-person engagement activities

Office Location(s): Cincinnati West Chester Site, Charlotte (Ballantyne) Site, Stamford Remote CT, Chicago Site, Kansas City Remote KS

Geographic Context:

  • Cincinnati, OH: A mid-sized city with a cost of living slightly below the national average, offering a mix of urban and suburban living options
  • Charlotte, NC: A major city with a growing job market and a cost of living slightly above the national average, offering a mix of urban and suburban living options
  • Stamford, CT: A suburban city with a high cost of living, located near New York City, offering easy access to urban amenities and cultural attractions
  • Chicago, IL: A major city with a diverse economy and a cost of living slightly above the national average, offering a mix of urban and suburban living options
  • Kansas City, KS: A mid-sized city with a cost of living below the national average, offering a mix of urban and suburban living options

Work Schedule: Full-time, with the ability to work remotely and the expectation to commute to the nearest office for in-person engagement activities as needed

ASSUMPTION: The hybrid work arrangement and multiple office locations provide flexibility and convenience for employees, allowing them to balance their personal and professional lives effectively.

πŸ’Ό Interview & Application Insights

Typical Process:

  • Online application submission
  • Phone or video screen with a member of the HR team
  • Behavioral and situational interviews with hiring managers and team members
  • Final round interviews with senior leadership
  • Background check and offer extension

Key Assessment Areas:

  • Strategic thinking and problem-solving skills
  • Leadership and team management abilities
  • Cross-functional collaboration and stakeholder management
  • Marketing expertise and industry knowledge
  • Cultural fit and alignment with Synchrony's values

Application Tips:

  • Tailor your resume and cover letter to highlight relevant experience and skills for this role
  • Be prepared to discuss your marketing strategy and growth initiatives in detail
  • Research Synchrony's business and industry to demonstrate your understanding and enthusiasm for the role
  • Prepare questions to ask the interviewer about the team, company culture, and growth opportunities

ATS Keywords: Marketing leadership, growth marketing, digital marketing, product management, data analysis, customer relationship management, loyalty programs, market diagnosis, business case development, cross-functional collaboration, client relationship management, performance monitoring, team development, consumer insights, multi-channel marketing, financial services products

ASSUMPTION: The interview process will focus on assessing the candidate's strategic thinking, leadership skills, and cultural fit, with a strong emphasis on marketing expertise and industry knowledge.

πŸ› οΈ Tools & Technologies

  • Customer Data Platform (CDP)
  • Marketing automation tools (e.g., Marketo, Pardot)
  • Customer Relationship Management (CRM) software (e.g., Salesforce)
  • Data analysis and visualization tools (e.g., Tableau, Power BI)
  • Project management tools (e.g., Asana, Jira)

ASSUMPTION: The tools and technologies required for this role are standard within the marketing industry and can be learned or adapted to by candidates with relevant experience.

πŸ‘” Cultural Fit Considerations

Company Values:

  • Customer-centric: Putting customers first in all aspects of the business
  • Collaborative: Working together to achieve common goals and drive success
  • Inclusive: Fostering a diverse and inclusive work environment where everyone feels valued and respected
  • Agile: Embracing change and adapting quickly to new challenges and opportunities
  • Accountable: Taking ownership and responsibility for our actions and their outcomes

Work Style:

  • Strategic and data-driven approach to decision-making
  • Collaborative and cross-functional teamwork
  • Results-oriented and focused on driving growth and achieving business objectives
  • Adaptable and able to thrive in a dynamic and evolving work environment
  • Strong leadership and mentoring skills
  • Self-Assessment Questions:

    • How do you approach diagnosing a market and identifying growth opportunities?
    • Can you provide an example of a time when you had to stop a low ROI work process and elevate a high ROI initiative?
    • How do you balance metrics and creativity to influence senior leadership and drive business decisions?

    ASSUMPTION: Candidates who align with Synchrony's values and work style, and who can demonstrate their ability to thrive in a dynamic and collaborative work environment, will be most successful in this role.

    ⚠️ Potential Challenges

    • Managing multiple stakeholders and competing priorities
    • Balancing short-term tactical needs with long-term strategic goals
    • Adapting to a dynamic and evolving business environment
    • Developing and implementing marketing strategies in a highly competitive industry
    • Managing a team with diverse skills and backgrounds, and fostering a high-performing culture

    ASSUMPTION: The challenges associated with this role require a strategic and adaptable mindset, strong leadership skills, and the ability to thrive in a dynamic and competitive work environment.

    πŸ“ˆ Similar Roles Comparison

    • This role is unique in its focus on the luxury market within the financial services industry, requiring a deep understanding of high-net-worth consumers and their preferences
    • Compared to other marketing leadership roles, this position offers a unique opportunity to drive growth and innovation within a niche market segment
    • Career path for this role may include progression into senior marketing leadership positions or other executive-level roles within the organization

    ASSUMPTION: The unique focus on the luxury market and the opportunity to drive growth and innovation within a niche market segment make this role an attractive and challenging opportunity for the right candidate.

    πŸ“ Sample Projects

    • Developing and implementing a targeted marketing campaign to acquire high-net-worth consumers for a luxury jewelry brand
    • Conducting market research and analysis to identify trends and opportunities within the fine art market
    • Collaborating with fragmented dealer partners to develop and execute co-branded marketing campaigns that drive incremental cardholder growth and card usage

    ASSUMPTION: The sample projects provided are illustrative of the types of initiatives the successful candidate may be expected to lead and contribute to within this role.

    ❓ Key Questions to Ask During Interview

    • Can you describe the team structure and dynamics for this role?
    • How does this role fit into the broader marketing organization and the company's overall strategy?
    • What are the key priorities for this role in the first 90 days?
    • How does the company support the professional development and growth of its marketing leaders?
    • What are the key performance indicators (KPIs) for this role, and how will success be measured?

    ASSUMPTION: Asking thoughtful and insightful questions during the interview process will demonstrate your interest in the role and provide valuable insights into the company's culture and expectations.

    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 your relevant experience and skills for this role
    • Prepare for behavioral and situational interviews by practicing common marketing scenarios and developing your responses
    • Research Synchrony's business and industry to demonstrate your understanding and enthusiasm for the role
    • Prepare questions to ask the interviewer about the team, company culture, and growth opportunities
    • Follow up with the hiring manager or HR representative within one week of your interview to express your continued interest in the role

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