Sallie Mae · 2 months ago
Director, Loan Program Management
Newark, DE
Full-time
Hybrid
Director/Executive
8+ years expSallie Mae is a company dedicated to empowering students in their educational journeys. The Director of Loan Program Management will leverage strategic and analytical skills to address company challenges, develop strategies, and oversee compliance processes while ensuring alignment with regulatory requirements.
Financial ServicesHigher Education
Responsibilities
Oversee monitoring and compliance processes for loans serviced and managed, ensuring strict adherence to credit-related terms and conditions
Coordinate the development and implementation of credit procedures to maintain alignment with regulatory and contractual requirements
Support the creation and maintenance of analytical dashboards that track credit performance and portfolio risk metrics
Facilitate forecasting of credit portfolio performance, leveraging historical credit data and professional judgment to anticipate trends and outcomes
Guide scenario analysis to assess potential outcomes and credit risks associated with loan portfolio management
Support the maintenance of credit algorithms and models for identifying loans with differentiated performance, ensuring alignment with portfolio strategy and risk appetite
Provide recommendations on changes to credit criteria and thresholds to senior management, grounded in portfolio analytics and market conditions
Supervise the execution of ad-hoc credit data analyses to inform portfolio management decisions and portfolio optimization
Ensure timely delivery of regular and ad-hoc credit reports and presentations for senior management, with a focus on portfolio performance, compliance, and risk insights
Collaborate with cross-functional teams on related initiatives
Perform other responsibilities as assigned
Qualification
Required
Bachelor's Degree in quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering
8+ years of experience in analysis
4+ years of experience in financial services
2+ year of experience in consulting
3+ years of experience in people management
Strong business judgment, leadership and integrity
Strong communication skills
Analytical Problem Solving
Teamwork
Execution
Partnership
Strategic leadership
Preferred
Master's Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering
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
Sallie Mae is an American corporation that originates, services, and collects student loans.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1983-09-30IPO
Leadership Team
Jonathan Witter
Chief Executive Officer
Munish Pahwa
EVP, Chief Risk Officer (CRO)
Recent News
Company data provided by crunchbase