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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

This position supports Sallie Mae Bank’s asset backed funding program and loan sales program. The individual will play a key role in the issuance execution process, rating agency and investor reporting, and analysis in deal performance. The individual is expected to build a thorough knowledge of the operations of Sallie Mae and its business practices as they progress their career with the company.

The individual is expected to demonstrate the ability to learn how to accurately reverse engineer ABS debt structures, and effectively interpret and report results. The Senior Associate is expected to be proficient in Excel to maintain modeling and reporting tools, solve issues, and develop enhancements to improve efficiency and analysis. The Senior Associate is expected to be experienced in utilizing SQL for data analysis, code optimization, and reporting.

The Senior Associate is expected to interact with the Finance, Legal, Accounting, Tax, Compliance, and Audit departments as well as with external investment banks, accountants, and counsel. The individual must have the ability to think clearly and independently and possess strong communication skills. The individual should possess the ability to work in a time-sensitive, deadline driven environment.

What You'll Do

+ Support all front and middle-office activities for new ABS issuances and Loan Sales

+ Execute loan to file review with the accountant

+ Execute pool analysis package to the rating agencies and structuring bank

+ Ensure legal disclosures supporting the transaction are accurate

+ Coordinate with internal and external key stakeholders to ensure proper deal closing

+ Execute monthly reporting and distribution to key external stakeholders

+ Compile monthly market pricing data and share with internal stakeholders

+ Analyze deal performance and execute Fair Market Valuation

+ Optimize code for performance, scalability, and efficiency. Resolve issues and improve functionality for process supporting ABS reporting and analytics

+ Assist in response to internal and external audits conducted on an annual basis for the securitization program and conduit facility

+ Ad-hoc analysis and reporting as requested by leadership

+ Identify opportunities to reduce risk and increase efficiencies

What you have

Minimum education, skills and experience required.

+ Bachelors’ Degree in Finance, Data Analytics, Statistics, Mathematics, or related field

+ 2+ years of experience in ABS securitizations, structured finance, or quantitative analysis in a financial institution

+ Knowledge in ABS structures and understanding of cashflow modeling

+ Experience in reviewing securitization documentation

+ Strong proficiency using Excel, VBA, SQL, and SAS

+ Experience in using Bloomberg and Intex

+ Excellent attention to detail and organizational skills

+ Ability to work collaboratively and independently

+ Self-starter with strong communication, interpersonal and problem-solving skills

+ Excellent time management skills; ability to handle multiple tasks in a fast-paced environment under strict deadlines

Feeling your best helps you do your best:

Our benefits take care of the whole you—so you can build your work around your life (not the other way around!).

+ 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

Not the right fit? Let us know you're interested in a future opportunity by clicking _Introduce Yourself_ in the top-right corner of the page or create an account to set up email alerts as new job postings become available that meet your interest!

Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law. Click here (https://salliemae.com/legal/pay-transparency-policy/)** **to view the U.S. Pay Transparency Policy,** **here (https://mandatoryview.com/?LicenceId=b723c601-1179-462b-a551-71dec216fdbf&ProductType=IntranetLicense&SubType=PG)** **for federal job applicant notices, and** **here (https://www.salliemae.com/content/dam/slm/writtencontent/Policies/CA\_Privacy\_Notice\_2023.pdf)** **to view the California Employee Privacy Notice.

Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an accommodation please call (855) 756-2007 and choose option 9. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law. If you'd like more information about your EEO rights as an applicant, please click https://https/www.eeoc.gov/employees-job-applicants. https://https/www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf. Click https://https/www.salliemae.com/legal/pay-transparency-policy/ to view the U.S. Pay Transparency Policy.