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Sallie Mae · 2 months ago

Director, Associate General Counsel (Transactions)

Newark, DE

Full-time

Hybrid

Lead/Staff, Director/Executive

5+ years exp

Sallie Mae is dedicated to empowering students as they navigate their educational journeys. The Director, Associate General Counsel (Transactions) will provide legal advice and strategic support for procurement and vendor management, while ensuring compliance and mitigating risks in business transactions.

Financial ServicesHigher Education

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Provide legal advice and strategic advisory support for the day-to-day operations of Sallie Mae’s Procurement, Vendor Management Office (“VMO”), and related functions

Ensure the timely and accurate review of contracts and transactional items

Support the legal aspects of business and financial transactions, to accelerate business objectives while ensuring compliance with regulations and mitigating future litigation risk

Draft, review and negotiate complex commercial agreements, including sales agreements, master service agreements, vendor agreements, participation agreements, joint marketing agreements, IT agreements, nondisclosure agreements, and license agreements

Analyze and identify relevant contract terms and conditions, and perform risk assessment at appropriate levels for contract scope

Develop and implement training and education programs, policies and procedures related to commercial transactions, and contracting processes

Identify process enhancements and create templates and playbooks where appropriate

Provide legal advice and support to Information Security, Risk Management, and others relating to cybersecurity, incident response, and business continuity

Provide advice to internal clients and stakeholders regarding cybersecurity laws and other business continuity areas in connection with Sallie Mae’s business and compliance requirements

Support periodic cybersecurity/business continuity tabletop exercises for various audiences within the company

Participate in the annual review of cyber liability insurance for the enterprise and support the insurance application and renewal process

Take direct responsibility for the growth and development of the team’s non-lawyer paraprofessionals

Contribute to department and company programs and projects as requested

Qualification

(.)Transactional attorney experienceCommercial law expertiseContract negotiationRisk managementCompliance knowledgeLegal software proficiencyCommunicationProject management skillsTeam collaboration

Required

Juris Doctor (J.D.) degree from an accredited institution and an active license to practice law in a U.S. jurisdiction. Candidate must be eligible to obtain the necessary certification(s) to practice law as in-house counsel

5+ Years of experience in private practice and/or as in-house corporate legal counsel, advising and providing legal support to Procurement and Vendor Management functions, including negotiating contracts and providing legal analysis and risk assessment

Demonstrated business acumen and strong understanding of business strategy and the ability to provide commercially pragmatic advice and counsel

Extensive knowledge and experience in commercial/business law, contract negotiation, risk management, and compliance

Excellent drafting skills, strong project management skills, and meticulous attention to detail. Experience drafting and revising policies, standards, and procedures

Proficiency in Adobe, Microsoft Office, and legal software products, including legal research tools, as well as experience using data analytics in the legal setting

Excellent oral and written communication and presentation skills

Strong ability to resolve issues independently while building key relationships and working in team settings across disciplines

In addition to following our current hybrid work policy, flexibility to be present at other Sallie Mae locations based on team or business needs. Some business travel required

Preferred

Experience in the banking, consumer finance, or other highly regulated industry is strongly preferred, including familiarity with bank regulatory frameworks relevant to contracting principles

Experience advising on intellectual property and technology transactions, as part of an IP transactional or technology transactions practice at a law firm or in a sophisticated in-house environment

Experience in various forms of corporate transactions, including but not limited to mergers & acquisitions, real estate, and intercompany transactions

Experience counseling on project management in transactional workstreams, including but not limited to AI usage and adoption in procurement, vendor management, or contract review workflows

Basic familiarity with contract management tools and systems, including but not limited to Workday Strategic Sourcing and Workday Contract Lifecycle Management

Knowledge and experience with federal and state laws governing cybersecurity and incident response

Benefits

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

Company

Sallie Mae

Glassdoor4.0

Sallie Mae is an American corporation that originates, services, and collects student loans.

Founded in 1972

Newark, Delaware, USA

1001-5000 employees

https://www.salliemae.com

H1B Sponsorship

Sallie Mae has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (11)

2024 (4)

2023 (3)