Sallie Mae · 3 weeks ago
Director, Loan Program Management
Sterling, VA
Full-time
Hybrid
Senior Level, Lead/Staff
8+ years expSallie Mae is on a mission to support students in their educational journey. The Director of Loan Program Management will apply strategic and analytical skills to address major company challenges, overseeing compliance processes and developing credit strategies to optimize portfolio performance.
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
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
Strategic leadership: Drive analytical and data-based approach to develop business strategies that will drive growth, inform core decisions, and drive success for Sallie Mae
Teamwork: Can lead and mentor team of analysts to help solve business problems
Execution: Ensure delivery of business intent, build and evaluate business requirements to drive flawless execution of credit and product strategy. Ability to successfully drive multiple projects and programs concurrently
Partnership: Collaborate effectively with colleagues across Sallie Mae to drive improvement in quality, volume, and service
Analytical Problem Solving: A proven track record of decision making and problem solving based on analytics. Conceptual thinking skills must be complemented by a strong quantitative orientation. Successfully organize and drive structured thinking for white space business problems
Strong business judgment, leadership and integrity: He/she should be a tenacious decisionmaker, able to bring a healthy, aggressive, yet responsible approach to business
Strong communication skills: Impeccable written and oral communications, coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal and negotiation skills. Ability to take analysis and integrate into a clear and concise story
Preferred
Master's Degree in Business or 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
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
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