AVP, AML Product Engineer (L11)

Job Description:

Role Title: AVP, AML Product Engineer

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.

• 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:  Synchrony's Engineering Team is a dynamic and innovative team dedicated to driving technological excellence. As a member of this Team, you'll play a pivotal role in designing and developing cutting-edge tech stack and solutions that redefine industry standards.

The Credit Card that we use every day to purchase our essentials and later settle the bills - A simple process that we all are used to on a day to day basis. Now, consider the vast complexity hidden behind this seemingly simple process, operating tirelessly for millions of cardholders. The sheer volume of data processed is mind-boggling. Fortunately, advanced technology stands ready to automate and manage this constant torrent of information, ensuring smooth transactions around the clock, 365 days a year.

Our collaborative environment encourages creative problem-solving and fosters career growth. Join us to work on diverse projects, from fintech to data analytics, and contribute to shaping the future of technology. If you're passionate about engineering and innovation, Synchrony's Engineering Team is the place to be.

Role Summary/Purpose:

We are seeking a highly skilled AML Product Engineer to join our team and take ownership of the development, enhancement, and maintenance of Anti-Money Laundering (AML) products. The ideal candidate will have a strong background in software engineering combined with a deep understanding of AML regulations and product functionality. You will work closely with cross-functional teams including compliance, data science, and product management to build effective AML solutions that help detect and prevent financial crimes.

Key Responsibilities:

• Design, develop, and maintain AML product features and modules ensuring scalability, reliability, and compliance with regulatory standards.

• Collaborate with compliance and risk teams to translate AML rules and regulatory requirements into technical specifications.

• Implement and optimize transaction monitoring systems, alert generation mechanisms, case management tools, and customer risk scoring features.

• Integrate AML product solutions with internal and external data sources, including sanctions lists, watchlists, and transaction data feeds.

• Continuously improve AML product performance through data analysis, tuning detection algorithms, and refining workflows.

• Work closely with data scientists and analysts to implement machine learning models and analytics for enhanced detection of suspicious activities.

• Provide technical troubleshooting, root cause analysis, and swift resolution of AML product issues.

• Ensure AML product security, data privacy, and audit readiness.

• Support product QA, user acceptance testing (UAT), and participate in release management.

• Keep abreast of evolving AML regulations, industry trends, and emerging technologies to innovate product capabilities.

• Document system designs, processes, and code in accordance with company standards.

Required Skills/Knowledge:

• Bachelor’s or Master’s degree in Computer Science, Engineering, Information Systems, or a related field.

• Minimum 6+ years of experience working in software development.

• Proven experience (3+ years) in software engineering with a focus on financial crime, AML, or regulatory technology products.

• Primary skills: Extensive experience with AML software platforms such as Actimize, NICE, SAS, or similar solutions. Prior hands-on work with Actimize and NICE is especially preferred.

• Programming skills in languages such as Java, Python, or C# are considered secondary; however, the candidate should be willing to work on microservice development for future integration needs.

• Knowledge of AML regulatory requirements (e.g., BSA, FATF, OFAC sanctions) and risk typologies.

• Familiarity with transaction monitoring systems, alert workflows, case management, and KYC/CDD processes.

• Experience with databases (SQL/NoSQL), APIs, and integration of external data services.

• Understanding of machine learning/AI applications in AML is preferred.

• Excellent problem-solving, communication, and teamwork skills.

• Ability to work in an agile development environment.

Desired Skills/Knowledge:

• Desire to work in a dynamic, fast paced environment

• Strong interpersonal skills with ability to influence clients, team members, management and external groups

Eligibility Criteria:

Bachelor's degree with minimum 6 years of IT experience or in lieu of degree, High School Diploma/GED and 8 years of IT experience

Work Timings :  2PM to 11PM IST

This role qualifies for Enhanced Flexibility offered in Synchrony India and will require the incumbent to be available between 06:00 AM Eastern Time – 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with India and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs)
We are proud to offer flexibility at Synchrony. Our way of working allows you the option to work from home or workspaces in our Regional Engagement Hubs—Hyderabad, Bengaluru, Pune, Kolkata, or Delhi/NCR.

As directed by the management, you will be required to commute or travel to Hyderabad or one of the Regional Engagement Hubs for in-person engagement activities such as business/ team meetings, trainings, and events

For Internal Applicants:

• Understand the criteria or mandatory skills required for the role, before applying

• Inform your manager and HRM before applying for any role on Workday

• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)

• Must not be any corrective action plan (First Formal/Final Formal, LPP)

• L9+ Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible and can apply

Grade/Level: 11

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