Manager, Loan Program Management

Manager, Loan Program Management

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 studentsand 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 youfrom 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

As a Manager, Loan Program Management at Sallie Mae, you will apply your strategic and analytical skills to major company challenges. You'll work with top team members to develop and test strategies that impact every area of the business. And you will do it all in a collaborative environment that values your insight, encourages you to dig in, and rewards innovative thinking.

In this role, you will work within the Credit team at Sallie Mae and have a first look into how we make decisions for our customers. You will have a chance to bring your core competencies of Integrated Thinking, Analytical Problem-Solving Skills, and Communication skills to real business problems every day.

What You'll Do

• Monitor and support compliance of loans serviced and managed, ensuring strict adherence to credit-related terms in loan sale agreements.
• Assist in executing established credit processes and procedures for loan portfolio.
• Contribute to the development and maintenance of analytical dashboards that track credit portfolio performance and portfolio risk metrics.
• Support forecasting of future credit portfolio performance for loan portfolio using historical loan data and standard credit analytics methods.
• Participate in what-if scenario analysis for credit under guidance from senior credit team members.
• Help maintain and update credit algorithms, ensuring alignment with portfolio strategy and risk appetite.
• Provide input and recommendations on credit metrics to team leaders or managers, leveraging portfolio analytics.
• Perform ad-hoc data extracts, credit analysis, and calculate credit metrics, as requested.
• Collaborate with cross-functional teams on related initiatives
• Carry out additional duties as assigned by management.

Key competencies required to deliver upon this role :

Basic Qualifications :

Bachelor's Degree in quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering

Preferred Qualifications :

Master's Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering

5+ years of experience in analysis

2+ years of experience in financial services

1+ year of experience in consulting