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Sallie Mae · 1 week ago

Manager, Financial Modeling & Analysis

Sterling, VA

Full-time

Hybrid

Mid Level

3+ years exp

Sallie Mae is dedicated to empowering students on their educational journeys. The Manager of Financial Modeling & Analysis will support the implementation of financial models and conduct analyses to improve financial processes, while collaborating with cross-functional teams and senior leadership to provide insights and recommendations.

Financial ServicesHigher Education

Comp. & Benefits

Responsibilities

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

Qualification

Financial modelingFinancial analysisExcelData visualizationSQLSASCECL standardVBACommunication skillsCollaboration

Required

At least a Bachelor degree in finance, accounting, economics, or a related field

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

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

CECL (Current Expected Credit Losses) standard (FASB)