Manager-Credit Model Development (L 09) Job Vacancy in Synchrony Financial Hyderabad, Telangana – Updated today

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Company Name : Synchrony Financial
Location : Hyderabad, Telangana
Position :

Job Description : Job Description:
Role Summary/Purpose:
This role resides in the Reserves & Loss Forecasting Model Development sub-function within Credit & Capital Management team. The Analyst, Credit Model Development, will be responsible for providing analytical/quantitative input to develop complex consumer forecasting models around balances, credit and fraud losses, reserves and stress testing. The successful candidate will use their analytical and programming abilities to ensure business intent is matched with modeling outcome, and document development decisions under SR11‐7 guidelines. The role requires quantitative coursework or experience involving statistical analysis and programming skills (SAS, Python, SQL, R). This is a great opportunity for someone who has the base skillsets to be a modeler / statistician / data analyst / coder (or a combination) with familiarity in building tools and likes to explore new techniques / methodology as well as has a troubleshooting mindset. We offer a dynamic, collaborative team environment with a strong credit risk management culture and opportunities to train in new technologies and complex applications.
Essential Responsibilities:
Model development, documentation, implementation and monitoring of forecasting models involving balances, losses (credit and fraud), Allowance and Stress testing models using a combination of SAS / SQL / Python / PySpark
Perform in depth analysis on large data sets, and prepare analysis and actionable reports to support discussions on key analytics and modeling aspects, to drive decision making
Work closely within the credit organization to validate accuracy and performance of statistical forecasting models and to identify issues requiring further research and enhancements
Assist in development/understanding of vendor models to ensure accuracy and relevancy
Provide independent research and analysis to support conceptual soundness of key models, and form recommendations as appropriate
Liaise with business teams to uncover and highlight model risk / enhancements associated with models Keep pace with the latest developments in academia, regulatory environment, 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:
Bachelors or Masters in Mathematics / Statistics, Decision Sciences, Economics, Finance or other quantitative discipline
5+ years of experience in statistical modeling / analytics
3 years of experience in coding with SAS and Python / software platforms
Strong written/oral communication skills
For Internal Applicants: Understand the criteria or mandatory skills required for the role, before applying.
Inform your Manager or HRM before applying for any role on Workday.
Ensure that your Professional Profile is updated (fields such as Education, Prior experience, Other skills) and it is mandatory to upload your updated resume (Word or PDF format)
Must not be any corrective action plan (First Formal/Final Formal, PIP)
Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.
8+ Level employees can apply
Desired Characteristics:
Credit card or Consumer lending modeling / analytics experience
Working knowledge in big data tools such as Hadoop HIVE, PIG or Apache Spark as plus
Knowledge of Model Development
Ability to work in a matrix organization
Demonstrated ability in documenting controls and procedures
Grade/Level:09
Job Family Group:
Risk Management

This post is listed Under  Technology
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