VP, Government Affairs

E2401587

Job Description

Role Summary/Purpose

Synchrony seeks to hire a Vice President of Government Affairs. Reporting to the SVP of Government Affairs, this person would protect and promote Synchrony before the federal government and assigned state governments, while building coalitions and working with allies nationwide. This role will primarily focus on representing Synchrony’s interests in the health and wellness sector.

Essential Responsibilities

Understand Business Priorities

Develop a strategic government affairs plan that prioritizes issues and shapes public policy to support the company’s advocacy and reputation agenda primarily focused on Synchrony's CareCredit business.Partner with subject matter experts at Synchrony to drive the creation of corporate positions on pending health and wellness financing legislation and regulationProvide accurate, timely and insightful responses and analysis regarding various health and wellness projects and initiativesApprise senior management relative to pertinent legislative issues and other external factors that could affect Synchrony’s CareCredit business

Perform Legislative Tracking And Analysis

Identify at an early stage, quantify, and prioritize emerging health and wellness legislation that will affect SynchronyReview legislation and develop appropriate action plan to communicate to appropriate internal health and wellness business leaders and external customers any potential legislative threats or trendsDevelop policy positions drawing on a deep understanding of both the political landscape and Synchrony business prioritiesMonitor activities of the assigned state agencies and legislatures that would potentially impact financing in the health and wellness industry; alert and advise leadership on emerging opportunities and concernsPrepare communications to key stakeholders (employees, public officials, etc.) to communicate pertinent issues

Develop And Implement Strategic Plan

Understand and articulate in a compelling way the Synchrony position on key legislative issuesBuild and maintain meaningful relationships with assigned public officials and staffRepresent the company in meetings with assigned public officials and staffManage government affairs consultants as necessaryEnsure all activity is compliant with applicable federal and state lobbying lawsIdentify, coordinate and build relationships with federal and state banking and health related trade associations, coalitions, relevant consumer groups, and legislative organizations as assignedParticipate in and manage multiple industry coalitions to deliver policy results for Synchrony and our customers Travel for meetings with public officials, coalitions, and organizations as assignedDirect and supervise lobbying efforts to advance legislative and regulatory objectives and protect company's interests from adverse public policyPrepare and submit presentations, testimony and other official materials to relevant decision-makers to advance specific policy goals and objectivesParticipate in the management of designated state and national organizations and associations as primary company representativeDevelop industry-wide coalitions and support significant grassroots campaigns relating to key issuesDevelop actions plans and implement activities that will mitigate negative impact or facilitate positive policy change

Qualifications/Requirements

Bachelor’s degree plus 5+ years federal or state government experience and/or government affairs experience, or in lieu of degree 10+ years equivalent and relevant experienceIn-depth knowledge of the federal and state legislative processExperience working with elected officials, industry associations, and corporate executivesExperience in engaging with government officials and entities such as preparing and testifying in front of state legislation committeesWilling and able to travelPosition is based in Washington DC

Desired Characteristics

A proven record of accomplishment in advancing and promoting important issues through the federal and state legislative and/or regulatory processAn interest in health and wellness policy regulation and legislationAdvanced degree preferredAbility to lead advocacy efforts to achieve legislative goalsExcellent written and oral communications skillsAbility to function independentlyStrong presentation skills

Grade/Level: 14

The salary range for this position is 150,000.00 - 250,000.00 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 olderYou must have a high school diploma or equivalentYou must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding processYou 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. Together, we’re building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+, with more than 60% of our workforce engaged, you’ll find community to connect with an opportunity to go beyond your passions.

This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.

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. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.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

Legal