Manager, Financial Modeling and Analysis

Overview

When you join Sallie Mae, you become a champion for all students. We’re on a mission to power confidence as students begin their journeys, help them plan their higher education, successfully finish, and prepare for life after school. We’re looking for people who are excited to drive this transformation, break barriers, and create better experiences for students—and for each other. This is a place where diverse backgrounds, beliefs, and perspectives matter, and you’re empowered to bring your authentic self to work.

Our benefits support the whole you—physical and mental, financial and professional—and include opportunities to further your education and career, family support (including pets), paid time off to volunteer, and more. We’re obsessed with impact: relationships come first, we ask “why not?” when tackling challenges, and we continuously learn new skills. Come do more than join something—change something for students, for future generations, and for the future of education.

The Manager, Financial Modeling & Analysis will be responsible for supporting the implementation of financial models, conducting analysis, and contributing to the improvement of financial modeling and analysis processes.

• Develop and maintain advanced financial models; build and optimize models to support strategic planning, budgeting, forecasting, stress testing, and scenario analysis.
• Perform quantitative analysis; conduct variance analysis, performance tracking, and sensitivity modeling to provide meaningful insights and recommendations.
• Streamline reporting and ensure compliance; enhance financial reporting processes, ensuring data integrity, consistency, and adherence to accounting standards and regulatory requirements.
• Collaborate across functions; partner with operations, strategy, and other teams to align modeling solutions with business needs and deliver impactful results.
• Lead and develop talent; supervise and mentor financial analysts, fostering professional growth and ensuring high-quality deliverables.
• Support senior leadership; provide analysis on financial performance, risks, and opportunities, contributing to strategic decision-making and long-term planning.

The information above is intended to describe the general nature and level of work performed by employees in this role and is not designed to be a comprehensive inventory of all duties, responsibilities, and qualifications.

Minimum: Indicate minimum education, skills and experience required.

• Strong analytical and problem-solving skills with the ability to interpret complex financial data and deliver actionable insights.
• Expertise in financial modeling techniques, including loss forecasting, scenario planning, and sensitivity analysis.
• Proficiency in financial analysis tools and platforms (Power BI, SAS, Snowflake).
• Excellent communication and presentation skills for both financial and non-financial audiences.
• Meticulous attention to detail to ensure accuracy in analysis and reporting.

Preferred: Indicate “nice to haves” regarding education, skills, and experience.

• Bachelor’s degree in Finance, Economics, Statistics, Data Science, or related field;
  Advanced degree is a plus.
• 5+ years of experience in financial modeling and analysis, with emphasis on loan loss reserve forecasting and stress testing.
• Familiarity with regulatory frameworks and risk management practices.

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 their expertise in performing the function, or only a limited number of employees are available to perform that function.

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

• Competitive base…