VP, Transactional Fraud Strategy - OnePay

Synchrony; Charlotte (NC); On-site; USD 135,000 - 230,000; Full time

Job summary

Synchrony is seeking a VP of Transactional Fraud Strategy to lead fraud initiatives and analytics within their partnership with OnePay. This senior role focuses on developing and executing fraud strategies across credit card products, collaborating with cross-functional teams, and ensuring compliance and governance within fraud management. The ideal candidate will have extensive experience in financial analytics, strong leadership skills, and proficiency in statistical tools. A commitment to improving consumer banking and working collaboratively is essential.

Qualifications

• 7+ years in fraud analytics or risk in financial services, or 11+ years without degree.
• 3+ years experience with statistical tools like SAS.
• Advanced programming skills in SAS, R, Python desirable.

Responsibilities

• Develop transactional fraud strategies for OnePay partnership.
• Manage governance processes related to fraud.
• Analyze datasets for fraud innovation.

Skills

Analytical skills

Leadership

Communication

Data analysis

Relationship management

Education

Bachelor’s degree

Master’s Degree or MBA

Tools

SAS

R

Python

Statistical tools

Job description

VP, Transactional Fraud Strategy - OnePay

Join to apply for the VP, Transactional Fraud Strategy - OnePay role at Synchrony.

Role Summary/Purpose:

The VP, Transactional Fraud Strategy - OnePay is responsible for driving analytic insights and transactional fraud initiatives for the partnership with OnePay across credit card products. This role collaborates cross-functionally to identify, understand, and design transactional fraud strategies to ensure portfolio success. The role reports to the Transactional Fraud Strategy Leader within the Account Management & Transactional Fraud team in the Credit function. It involves interacting with senior leadership and communicating results, initiatives, and process items organization-wide.

Essential Responsibilities:

• Develop transaction fraud strategies for the OnePay partnership, collaborating with partner and infrastructure teams.
• Execute, monitor, and improve processes related to transactional fraud strategies for all OnePay products (PLCC, Dual Card).
• Manage governance processes related to fraud inputs and outputs.
• Engage with Visa / MC networks on industry trends, score models, and protection mechanisms.
• Partner with modeling teams/vendors to develop advanced targeting strategies.
• Collaborate with OnePay and internal teams to enhance fraud development and execution.
• Support fraud management and authentication strategies for OnePay acquisition.
• Influence leadership on initiatives and results; strategize with credit teams.
• Perform ad hoc analytics, validations, remediations, batch tests, Challenger analytics.
• Maintain process controls and regulatory review schedules with Compliance, Legal, and Fair Lending teams.
• Support audits, exams, and business continuity planning.
• Analyze datasets to identify opportunities for fraud innovation through data analytics.
• Share learnings and best practices across the broader landscape.
• Perform other duties or projects as assigned.

Qualifications/Requirements:

• Bachelor’s degree + 7+ years in analytics-driven strategies within Fraud, Credit, Marketing, Risk, or Collections in financial services, or 11+ years in lieu of degree.
• 3+ years experience with statistical tools such as SAS, Decision Tree, Knowledge Seeker, etc.

Desired Characteristics:

• Curiosity and passion for improving consumer banking.
• Advanced programming skills in SAS, R, or Python.
• Experience analyzing large datasets for strategic insights.
• Experience with multiple Fraud Decision Systems.
• Developing Consumer/Commercial Fraud Strategies.
• Advanced data analysis and complex algorithm design skills.
• Experience with machine learning and big data techniques.
• Strong communication, relationship management, and influencing skills.
• Leadership at a strategic level in cross-functional teams.
• Master’s Degree or MBA with analytic focus preferred.

Other Details:

Grade/Level: 12

Salary Range: $135,000 - $230,000 USD annually, plus bonus. Salary depends on experience and market adjustments.

Eligibility and Legal Requirements:

• Must be 18+, have a high school diploma or equivalent.
• Willing to undergo drug tests, background checks, and fingerprinting.
• Must satisfy Federal Deposit Insurance Act requirements.
• Internal posting restrictions apply based on tenure and performance.

Legal authorization to work in the U.S. required. No visa sponsorship available.

Our Commitment & Reasonable Accommodation:

We value diversity and inclusivity. We provide accommodations for applicants with disabilities. Contact our support line for assistance.