Job Description:
Role Summary/Purpose:
The VP, Pricing – Business Strategy & Development will be part of the Pricing COE, reporting to the VP, Pricing Leader – Business Strategy & Development. This role will provide thought leadership, analytical rigor, deal modeling, and financial analysis and support for the Business Strategy & Development (BS&D) group and sub-groups, and their respective initiatives throughout the year. These BS&D sub-groups include M&A, Ventures, Strategy Management Office (SMO), and Payment Networks. This role requires the ability to work across platforms and functions and interact on a regular basis with senior leaders. This role will be required to prepare presentation materials on a regular basis for Senior Leadership Teams (SLT), Executive Leadership Teams (ELT) and the Board of Directors.
Essential Responsibilities:
- Build financial models & projections to support M&A activities and decision making. Support the M&A processes through due diligence and project management, including interacting with external advisors and providing updates and presenting materials needed to commercial platforms and ELT.
- Collaborate with SYF’s strategy team, finance leadership, operational leaders and key stakeholders to develop financial analysis to support the M&A proforma.
- Represent SYF in external advisor or target company due diligence meetings.
- Ownership of the M&A model supporting Model Risk Management with Ongoing Monitoring, Annual Reviews and routine updates to the model.
- Support execution of strategic venture capital investments including financial valuation, investment memo prep, due diligence, exit scenarios, wire execution/documentation and portfolio monitoring.
- Coordinate with FP&A, Controllership and Tax teams quarterly to record new investments and FMV changes of the existing portfolio for regulatory reporting.
- Support Network team on providing quarterly payment network analysis/reporting.
- Partner with functions and sales platforms to assess & quantify Strategic Initiatives (SI’s) in a standardized fashion and roll-up results. Actively partner with the SMO and provide financial leadership to the annual strategic planning process by developing financial analysis & projections.
- Evaluate reports of SI spend and benefits and prepare monthly summary of financial performance of SI’s for ELT reporting package.
- Provide other ad hoc analysis as needed on new/emerging corporate initiatives.
- Perform other duties and/or special projects as assigned.
Qualifications/Requirements:
- Bachelor’s degree in Finance, Accounting, related business field with strong analytical and problem-solving focus or in lieu of degree, 12 years equivalent experience.
- Minimum 7 years progressive corporate finance experience.
- Minimum of 5 years of financial modeling experience.
Desired Characteristics:
- Excellent communication and interpersonal skills.
- Strong analytical and modeling expertise.
- Ability to work on a variety of different tasks/priorities in a fast-paced, dynamic environment.
- Knowledge of consumer financial services preferred.
- Experience in either Pricing, Business Development, FP&A, Strategic Planning, M&A or corporate ventures, a plus.
Grade/Level: 13
The salary range for this position is 130,000.00 - 210,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.
Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.
Salaries are adjusted according to market in CA, NY Metro and Seattle.
Eligibility Requirements:
- You must be 18 years or older.
- You must have a high school diploma or equivalent.
- You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process.
- You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
- New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months’ time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months’ time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don’t meet the time in position or performance expectations).
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Our Commitment:
When you join us, you’ll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard—but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work.
Reasonable Accommodation Notice:
- Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job.
- If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am – 5pm Monday to Friday, Central Standard Time.
Job Family Group: Finance
