Manager, Financial Modeling and Analysis

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

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.

What You'll Do

• 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 & 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 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: 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

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