Senior Associate, Business Controls

Sallie Mae Inc (SLM Corp) • New Castle, DE

141d • Hybrid

About The Position

Sallie Mae is looking for a risk professional to fill our Senior Associate, Business Controls Office (BCO) position within the Chief Operational Officer (COO) organization. As part of the first line of defense, this role is responsible for facilitating risk and control activities in partnership with various stakeholders. The Senior Associate, Business Controls will be responsible for supporting the implementation and maintenance of effective control systems, risk management practices, and compliance measures within a business unit.

Requirements

• Understanding of internal control frameworks and regulations, including COSO, SOX, and other relevant standards with 2 or more years of experience in internal controls, audit, or related field
• Ability to collaborate with other control professionals to assess, document, and test controls
• Strong analytical and problem-solving skills, with the ability to identify and resolve control issues
• Excellent communication skills, both written and verbal, with the ability to effectively communicate with colleagues and management
• Ability to work in a fast-paced, dynamic environment with multiple priorities and competing demands

Nice To Haves

• Bachelor's degree in accounting, finance, or a related field
• 3 or more years of experience in internal controls, audit, or related field

Responsibilities

• Assist in the execution of control strategies, frameworks, and policies to mitigate risks and ensure compliance with internal and external requirements within a business unit
• Assist in identifying business process risks and mitigating controls within multiple Operations areas
• Support the documentation of control procedures, including control narratives, process flows, and control testing results
• Coordinate and participate in risk assessments and contribute to the development and implementation of risk mitigation strategies
• Assist in monitoring control performance indicators, analyzing trends, and preparing reports on control effectiveness and risk exposures
• Contribute to the integration of controls into business processes, systems, and projects by collaborating with cross-functional teams
• Support training initiatives to enhance awareness and understanding of control policies, procedures, and best practices among employees

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree