When you join Sallie Mae, you become a champion for all students.

We’re on a mission to power confidence as students begin their unique journey. To help them plan their higher education, successfully finish, and prepare for life after school. To help them Start smart. Learn big.

Students need guidance navigating this important time in their life. They need someone who acknowledges that their education path is unique. They need a partner willing to evolve and not only meet but surpass their expectations. We’re changing. Because students need a better way.

We’re looking for people who are excited to drive this transformation. To break barriers and think of new ways to adapt, help, and create better experiences for students—and for each other.

This is where diverse backgrounds, beliefs, and perspectives matter. It’s where you’re empowered to bring your authentic self to work.

Feeling your best allows you to do your best. Our benefits take care of the whole you—from physical and mental to financial and professional. You’ll get opportunities to further your education and career, support for you and your family (including your pets!), paid time off to volunteer for the things that matter to you, and more.

We’re obsessed with impact and making a real difference. For us, that means putting relationships first, asking “why not?” when tackling challenges, and continuously learning new skills.

Come do more than join something, change something. For students, for future generations, for the future of education.

What You'll Contribute

We are looking for a Senior Manager, Model Audit to join Sallie Mae’s Internal Audit leadership team. This is a vital role both for Sallie Mae and the Internal Audit team specifically. Internal Audit is undergoing a transformation, and we are expanding our team and bringing highly-valued subject matter expertise in house – especially in critical areas for our business. The individual hired for this new role will apply their expertise to shape our strategy and approach for auditing credit and model processes across both the First Line of Defense and Second Line of Defense. Overall, this is a truly unique opportunity to join the leading student loan provider in the United States in a vital, new role.

The Senior Manager, Model Audit reports to the Senior Director, Internal Audit, and has exposure and interaction with executive and senior management in key lines of business. This individual will apply their subject matter expertise to assess key credit practices and models across the company and the entire credit lifecycle. The ideal candidate will have significant, progressive experience in these key areas within a financial services environment, and enhancing the profile of Internal Audit within Sallie Mae broadly. In addition, they will embody the ideals of Sallie Mae Internal Audit: Critical Thinkers, Effective Challengers, Enthusiastic Learners, Insightful Risk Advisors, and Good Colleagues.

What You'll Do

Credit Risk Subject Matter Expertise

• Provides leadership and technical expertise over Internal Audit’s assessment of the company’s credit practices related to underwriting, portfolio management and loss mitigation processes.

• Assists with the formulation of the audit coverage over credit practices as part of the annual Internal Audit risk assessment.

• Provides analytical support for deep dives into root causes and ad-hoc credit reporting. Provide narratives of observations and preparation of presentation materials.

• Communicates findings and recommended enhancements to business partners and review remediation.

• Provides support for validation of corrective actions associated with credit-related issues.

Model Risk Subject Matter Expertise

• Provides leadership and technical expertise over Internal Audit’s assessment of the company’s practices for developing, testing, validating and governing models.

• Assists with the formulation of the audit coverage over model risk management as part of the annual Internal Audit risk assessment.

• Provides support for validation of corrective actions associated with model-related issues.

The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.

What you have

Minimum education, skills and experience required.

• Undergraduate degree in statistics, economics, mathematics, quantitative sciences, or related majors

• 6+ years of progressive experience working in a financial services environment

• Experience with credit strategy, credit analytics, and/or model development or model validation in a financial services environment

• Practical experience using statistical tools (e.g., SAS, Python, R, Tableau etc.) for data manipulation, data analysis and model building

• Familiarity with credit policy, procedures, and transaction testing

• Understanding of regulatory environment and regulatory guidelines, including SR 11-7

• High standard for excellence and proven ability to deliver results

• Collaborative leadership style and ability to influence others

• Excellent verbal and written communication skills, as well as presentation skills with ability to conduct presentation to various levels of management

• Ability to build and manage relationships with team members and business partners in a hybrid and/or remote work environment

• Experience in working in dynamic environments and comfort with leading through times of significant change

• Strong organizational skills with attention to details

The Americans with Disabilities Act

The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination by employers, in compensation and employment opportunities, against qualified individuals with disabilities who, with or without reasonable accommodation, can perform the “essential functions” of a job. A function may be essential for any of several reasons, including: the job exists to perform that function, the employee holding the job was hired for his/her expertise in performing the function, or only a limited number of employees are available to perform that function.

Core Dimensions

Strategic / tactical / transaction: 50% Strategic / 50% Tactical

Accountability: Accountable for multiple processes or programs and have input on the department's budget.

Judgement: Routinely uses significant judgement on moderate to complex business problems.

Influence & Impact: Influences timelines, expectations, and proactively negotiates across departments and sometimes functional management.

Leadership: Mostly strategic relationships with peers and senior staff within the function.

Feeling your best helps you do your best:

Our benefits take care of the whole you—so you can build your work around your life (not the other way around!).

• Competitive base salaries

• Bonus incentives

• Generous PTO, Floating Holidays and 12 Federal Holidays observed

• Support for financial-well-being and retirement 401k with employer match

• Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more

• Employer paid short-term/long-term disability and basic life insurance

• Flexible hybrid working arrangements.

• Paid parental leave and adoption reimbursement programs

• Free access to on-site staffed fitness centers (in Delaware) and gym subsidy (for locations outside Delaware)

• Confidential counseling support (EAP), Health Advocacy services and Wellness program with financial incentives

• Tuition Reimbursement and Family Scholarship Programs

• Career development and training opportunities

Not the right fit? Let us know you're interested in a future opportunity by clicking Introduce Yourself in the top-right corner of the page or create an account to set up email alerts as new job postings become available that meet your interest!

Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law. Click here (https://salliemae.com/legal/pay-transparency-policy/) to view the U.S. Pay Transparency Policy, here (https://mandatoryview.com/?LicenceId=b723c601-1179-462b-a551-71dec216fdbf&ProductType=IntranetLicense&SubType=PG) for federal job applicant notices, and here (https://www.salliemae.com/content/dam/slm/writtencontent/Policies/CA_Privacy_Notice_2023.pdf) to view the California Employee Privacy Notice.

Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an accommodation please call (855) 756-2007 and choose option 9. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law. If you'd like more information about your EEO rights as an applicant, please click https://https/www.eeoc.gov/employees-job-applicants. https://https/www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf. Click https://https/www.salliemae.com/legal/pay-transparency-policy/ to view the U.S. Pay Transparency Policy.