Manager, Financial Modeling & 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 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.

• Responsible for supporting the implementation of financial models, conducting analysis, and contributing to the improvement of financial modeling and analysis processes.
• Assist in the development and maintenance of financial models to support strategic planning, budgeting, forecasting, and decision-making processes.
• Conduct financial analysis, including variance analysis, performance tracking, and scenario modeling, to provide meaningful insights and recommendations.
• Support senior leadership in analyzing financial performance, risks, and opportunities, and contribute to the development of financial strategies.
• Streamline financial reporting processes, ensuring data integrity, consistency, and compliance with accounting standards and regulatory requirements.
• Collaborate with cross-functional teams, such as operations and strategy, to gather and analyze data for financial modeling and analysis.
• Hybrid work from home permitted 2 days per week within a reasonable commuting distance of the Sterling, VA office.

At least a Bachelor degree in finance, accounting, economics, or a related field and three (3) years of experience as a Junior Credit & Treasury Analyst, Credit & Treasury Analyst, Senior Credit & Treasury Analyst or related role where required experience was gained. Also requires experience in the following:

• Financial planning and analysis, with a focus on financial modeling;
• Financial modeling techniques and methodologies, including forecasting, scenario analysis, and sensitivity analysis;
• Financial analysis tools and software interpreting and manipulating financial data such as Excel, financial modeling software, and enterprise resource planning (ERP) systems;
• Working with historical credit performance datasets such as loan-level data, charge-off data, delinquency, FICO scores, and forbearance policy changes;
• Data querying and modeling tools including SAS, SQL, Excel, VBA for statistical analysis, trend identification, and insights generation;
• Present findings in monthly and quarterly reports, dashboards, and PowerPoint to stakeholders using data visualization tools such as Power BI, Tableau on prepayments, consolidations, CECL reserve, and various metrics; and
• CECL (Current Expected Credit Losses) standard (FASB).

CONTACT: Send resume to  and reference job title and location.

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
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