VP, Enterprise Risk

About the Role

This Vice President, Enterprise Risk role is a key member of the Enterprise Risk Management (ERM) team. The position focuses on managing the enterprise-wide Risk Appetite Statement (RAS) program, planning and tracking the Risk function budget, and leading the development and oversight of the Enterprise Metric Policy. The role also supports core ERM processes, including Enterprise Risk Assessment (ERA), Risk Aggregation & Reporting (RAR), and risk oversight of Strategic Initiatives.

Responsibilities

• Lead all aspects of the Risk Appetite Statement (RAS) program, defining risk tolerance across categories and establishing risk limits to monitor performance relative to enterprise risk appetite.
• Develop, implement, and oversee the Enterprise Metric Policy, including defining requirements, establishing governance, and monitoring adherence across risk pillars and stakeholders.
• Facilitate periodic review, update, and approval of Risk Appetite Statements in partnership with risk pillars and stakeholders.
• Advise risk pillars on structuring and designing risk metrics, including Risk Appetite Limits (RALs), Escalation Triggers (ETs), Front Line Triggers, and Key Risk Indicators (KRIs).
• Ensure risk limits function as forward-looking, leading indicators and provide early-warning signs of elevated risk.
• Develop accurate and timely Risk Appetite performance reporting, including committee materials, and ensure breaches are documented, actioned, tracked, and escalated.
• Manage the Workiva platform for the RAS program, coordinating data collection, review, and automated controls for quarterly reporting.
• Enhance control oversight by executing quality control reviews and documenting data sourcing and accuracy controls for RAS metric outputs.
• Maintain RAS governance documentation and controls (e.g., non-model tool inventory, procedures, data dictionary, job aids) and ensure Workiva-related IT requirements are met.
• Communicate RAS changes to business leaders and refresh governance documentation at least annually or as needed.
• Partner across Risk Pillars and the business to ensure an aggregated enterprise view of risk is coordinated and aligned.
• Lead the review and annual submission of the Risk Management Operating Plan and Functional Budget.
• Develop reporting for the Risk Functional Budget, including tracking project expenses and headcount.
• Support Risk team accounts payable activities (e.g., cost center approver updates, purchase orders, and invoice tracking).
• Partner with Finance to provide periodic Operating Plan pacing updates and variance insights.
• Perform other duties and special projects as assigned.

Requirements

• Broad-based risk knowledge; ability to identify and assess risks, document mitigating controls, and evaluate control environment adequacy.
• Bachelor’s degree plus 5+ years of experience in the financial services industry; or, in lieu of a degree, 10+ years of financial services experience.
• 3+ years of experience with exposure to risk management within the consumer financial services industry.
• 3+ years of experience collaborating with cross-functional teams and stakeholders.
• 3+ years of experience working in a matrixed environment, leading projects, and presenting results to senior leaders.
• Ability and flexibility to travel for business as required.

Skills

• Experience in internal audit, risk management, testing/monitoring, and/or a governance function.
• Experience leading a financial or risk-related reporting process, including development of analytical capabilities using Tableau, Power BI, and/or GRC tools.
• Demonstrated ability to build strong cross-functional partnerships and use influence to achieve results.
• Ability to objectively identify risks, define metrics, and communicate risk across the organization.
• Proven ability to influence senior management and drive change through process improvement.
• Strong written and verbal communication skills, including tailoring messages for senior and technical audiences.
• Forward-looking approach to identifying emerging risks and partnering to mitigate them.
• Experience with Tableau and/or GRC tools for reporting and dashboard development.
• Proficiency in defining, documenting, and communicating technical requirements for reporting and analytics.
• Proficiency in MS Office applications (Word, Excel, PowerPoint).

Pay

The salary range for this position is $110,000 - $185,000 USD annually, and it is eligible for an annual bonus based on individual and company performance. Actual compensation will be based on work experience, skill level, or knowledge. Salaries are adjusted according to market in CA, NY Metro, and Seattle.

Schedule

This role offers flexibility with the option to work from home near one of Synchrony’s Hubs or come into an office. You will be required to commute to your nearest Hub (virtual or physical) for in-person engagement activities such as business or team meetings, training, and culture events.

Benefits

• Eligibility for an annual bonus based on individual and company performance.
• Employee Resource Groups (ERGs) for community and professional growth.