Synchrony

• Salary: Not disclosed
• Location: Hyderabad
• Key Skills: Accounting

Job Description:

Job description Job Description: Role Title : AVP, Supplier Management (L11) Company Overview: COMPANY OVERVIEW: Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more. We have recently been ranked #2 among India s Best Companies to Work for by Great Place to Work. We were among the Top 50 India s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies. Synchrony celebrates ~51% women diversity, 105+ people with disabilities, and ~50 veterans and veteran family members. We offer Flexibility and Choice for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being. We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles. Organizational Overview : Source-to-pay is the entire end-to-end process involved in procurement. It spans every process from spend management, strategic sourcing, third-party risk management, contract management, purchasing, performance management, travel & expense, procure to pay and supplier diversity . Role Summary/Purpose: This key role participates in activities that: Provides support to SYF s first line business functions across the entire lifecycle of supplier engagements Assists in the management of the Supplier Management Program s Inherent Risk rating process Support includes supplier risk profiling, advice on identification and resolution of risks, communications to functional management and assistance to functional teams on execution of Supplier Management Program activities Supports the execution of supplier risk assessments for Information Security, Business Continuity / Disaster Recovery, Legal and Compliance, Technology, Financial, Model risk, and Physical Security in partnership with the Senior Supplier Risk Management Leader Assists during crisis management support to the SYF crisis teams Supports supplier compliance with data privacy laws and regulations This role also carries key approval responsibilities to ensure timely, accurate and prudent management of supplier risks. Key Responsibilities: Analyze and understand a wide range of risks in supplier relationships, and maintain the SYF Supplier Management Program Inherent Risk: Maintain proper supplier categorization and inherent risk profiling, including alignment with SYF data classification standards, participate in IRS meetings for new/changes engagements Execute IRS reviews and approvals Support completion of required assessments at risk-based intervals to evaluate the strength of suppliers control environments in the assessment areas listed above New onboarding: support risk analysis and advice for CAR CLM and Contract terms (SCL support) Review existing relationships as new work is requested: Establish new relationships and IRS reviews for as required for modifications to existing services. Data Share process: Support the approval process with supplier data and risk-based advice Technology project support: Assist IT with SaaS governance, data classification, file transmission to suppliers, CMDB integrity/controls Support IRS maintenance & controls to keep pace with risk landscape, regulatory changes and new products/services Support the identification, development and adoption of best practices to identify, communicate and manage risk throughout the supplier lifecycle Support the implementation of quality assurance processes to ensure accuracy and completeness of submitted surveys, documents and deliverables Maintain ongoing awareness of regulatory guidelines, emergin