Synchrony
Overview
Be among the first 25 applicants. You’ll be part of an incredible team within Synchrony that builds and maintains customer relationships that revolve around community credit needs and community development activity to meet the Bank’s CRA (Community Reinvestment Act) statutory requirements. This is a production role focused on sourcing community development loans and investments to advance Synchrony’s CRA obligations. You will structure deals and lead the underwriting process with key Synchrony stakeholders, present deals for approval at committee, and coordinate with the CRA portfolio management team to ensure all CRA obligations are met. Our Way of Working
We offer flexibility with the option to work from home, near a hub, or in an office. Occasional in-person engagement activities may require commuting to the nearest office. Essential Responsibilities
Bring deals to Synchrony that are responsible, meaningful, and meet CRA goals which satisfy statutory bank requirements. You are the primary contact for the relationship and facilitate communications between Synchrony customers and internal stakeholders. Lead the underwriting process with key Synchrony stakeholders and create deal presentation materials (IRD). Relate And Inspire
Cultivate strong relationships of trust with team members, stakeholders, outside community leaders, counterparties, and syndicators to foster an environment of belonging. In coordination with the portfolio management team, conduct periodic relationship reviews and due diligence with customers/clients and stakeholders on-site or virtually. Ensure that all relationships have current and well-defined summaries (storyboard, CRA allocations, highlights, etc.) as preparation for CRA exams. Champion Synchrony
Represent Synchrony for CRA purposes in the community and support Synchrony’s CRA Officer and other CRA team members. Manage client relationships that may include moderate to complex deals, multiple deals, or high dollar exposure. Guide and negotiate deal structuring as required to achieve outcomes and assist more junior team members. Present deals for approval at committee meetings. Coordinate deal closing with Legal and the customer/client. Act as Synchrony signatory if assigned. Represent Synchrony on community-based boards, committees, and trade groups. Assist with the work activities of other production team members as needed. Perform other duties and/or special projects as assigned. Qualifications & Requirements
Bachelor’s Degree with 6+ years relevant professional experience, or in lieu of a degree, 9+ years of relevant experience. 3+ years experience in Community Reinvestment underwriting with responsibilities related to the role, including business development, deal structuring and negotiation with counterparties, etc., with a focus on low-income housing tax credit and small business investment corporation investment funds, and nonprofit community development loans. (Residential mortgage loan underwriting is not a qualification for this role.) Demonstrated knowledge of advanced business concepts, such as IRR and NPV analysis, financial statement analysis, etc. Strong communication skills (verbal, written, presentation) Must be able to travel as needed Desired Qualifications
Working knowledge of bank laws, rules and regulations, including the CRA and related regulations. Excellent organization, prioritization and time management skills, and project management skills. Business acumen, sound judgment and problem solving. Ability to work with all levels across the business including senior leaders and customers/syndicators. Compensation and Eligibility
Grade/Level: 12. Salary range: 110,000.00 - 185,000.00 USD Annual, with eligibility for annual bonus. Actual compensation based on experience, skill level, and market adjustments. Certain markets may have adjusted salaries. Eligibility requirements: You must be 18 years or older; high school diploma or equivalent; willing to take a drug test, background check, and fingerprints; able to satisfy Federal Deposit Insurance Act Section 19 requirements. New hires (Level 4-7) must have 9 months of continuous service before posting to other roles; Level 8+ must have 18 months. All internal employees must meet performance expectations and obtain manager/HR approval to post. Legal authorization to work in the U.S. is required. We will not sponsor employment visas. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Our Commitment
We’re building an inclusive culture where your skills, experience, and voice are valued. We’re proud to have an award-winning culture for all, and more than 50% of our workforce participates in Employee Resource Groups (ERGs). Reasonable Accommodation Notice
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. If you require accommodations to apply or perform your job, tell us how we can help. For special accommodations, contact our Career Support Line at 1-866-301-5627 (Mon–Fri, 8am–5pm CST). Job Family Group: Legal
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Be among the first 25 applicants. You’ll be part of an incredible team within Synchrony that builds and maintains customer relationships that revolve around community credit needs and community development activity to meet the Bank’s CRA (Community Reinvestment Act) statutory requirements. This is a production role focused on sourcing community development loans and investments to advance Synchrony’s CRA obligations. You will structure deals and lead the underwriting process with key Synchrony stakeholders, present deals for approval at committee, and coordinate with the CRA portfolio management team to ensure all CRA obligations are met. Our Way of Working
We offer flexibility with the option to work from home, near a hub, or in an office. Occasional in-person engagement activities may require commuting to the nearest office. Essential Responsibilities
Bring deals to Synchrony that are responsible, meaningful, and meet CRA goals which satisfy statutory bank requirements. You are the primary contact for the relationship and facilitate communications between Synchrony customers and internal stakeholders. Lead the underwriting process with key Synchrony stakeholders and create deal presentation materials (IRD). Relate And Inspire
Cultivate strong relationships of trust with team members, stakeholders, outside community leaders, counterparties, and syndicators to foster an environment of belonging. In coordination with the portfolio management team, conduct periodic relationship reviews and due diligence with customers/clients and stakeholders on-site or virtually. Ensure that all relationships have current and well-defined summaries (storyboard, CRA allocations, highlights, etc.) as preparation for CRA exams. Champion Synchrony
Represent Synchrony for CRA purposes in the community and support Synchrony’s CRA Officer and other CRA team members. Manage client relationships that may include moderate to complex deals, multiple deals, or high dollar exposure. Guide and negotiate deal structuring as required to achieve outcomes and assist more junior team members. Present deals for approval at committee meetings. Coordinate deal closing with Legal and the customer/client. Act as Synchrony signatory if assigned. Represent Synchrony on community-based boards, committees, and trade groups. Assist with the work activities of other production team members as needed. Perform other duties and/or special projects as assigned. Qualifications & Requirements
Bachelor’s Degree with 6+ years relevant professional experience, or in lieu of a degree, 9+ years of relevant experience. 3+ years experience in Community Reinvestment underwriting with responsibilities related to the role, including business development, deal structuring and negotiation with counterparties, etc., with a focus on low-income housing tax credit and small business investment corporation investment funds, and nonprofit community development loans. (Residential mortgage loan underwriting is not a qualification for this role.) Demonstrated knowledge of advanced business concepts, such as IRR and NPV analysis, financial statement analysis, etc. Strong communication skills (verbal, written, presentation) Must be able to travel as needed Desired Qualifications
Working knowledge of bank laws, rules and regulations, including the CRA and related regulations. Excellent organization, prioritization and time management skills, and project management skills. Business acumen, sound judgment and problem solving. Ability to work with all levels across the business including senior leaders and customers/syndicators. Compensation and Eligibility
Grade/Level: 12. Salary range: 110,000.00 - 185,000.00 USD Annual, with eligibility for annual bonus. Actual compensation based on experience, skill level, and market adjustments. Certain markets may have adjusted salaries. Eligibility requirements: You must be 18 years or older; high school diploma or equivalent; willing to take a drug test, background check, and fingerprints; able to satisfy Federal Deposit Insurance Act Section 19 requirements. New hires (Level 4-7) must have 9 months of continuous service before posting to other roles; Level 8+ must have 18 months. All internal employees must meet performance expectations and obtain manager/HR approval to post. Legal authorization to work in the U.S. is required. We will not sponsor employment visas. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Our Commitment
We’re building an inclusive culture where your skills, experience, and voice are valued. We’re proud to have an award-winning culture for all, and more than 50% of our workforce participates in Employee Resource Groups (ERGs). Reasonable Accommodation Notice
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. If you require accommodations to apply or perform your job, tell us how we can help. For special accommodations, contact our Career Support Line at 1-866-301-5627 (Mon–Fri, 8am–5pm CST). Job Family Group: Legal
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