Senior Associate, Data Analytics

Sallie Mae Inc (SLM Corp)•Newark, DE

41d•Hybrid

About The Position

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 As the Senior Associate, Data Analytics, you will play a key role in supporting analytics for credit underwriting strategy in private student lending. You'll work with team members to develop and test strategies that impact credit underwriting. And you will do it all in a collaborative environment that values your insight, encourages you to dig in, and rewards innovative thinking. What You'll Do In this role, you will support undergraduate credit underwriting. The role entails supporting strategy enhancements and strategic analytics to help design, implement, and test credit underwriting strategies that drive portfolio performance and growth.

Requirements

Bachelor's Degree (Business, Finance, Accounting, Marketing, Mathematics, Statistics) or equivalent work experience.
2-3 years' experience with SAS, SQL,
Proficient in Microsoft Suite
Strong attention to detail and ability to deliver high-quality work.
Excellent communication skills, with the ability to present complex data in a clear and concise manner
Demonstrated ability to successfully handle assignments involving complex quantitative analysis and present findings and recommendations to management
Strong problem-solving and critical thinking skills.
Familiarity with data visualization tools such as Tableau, Power BI, or similar.
Ability to adjust to fluctuation workload with the pressure of aggressive deadlines
Solid knowledge of financial services industry and the products and services offered

Nice To Haves

3+ years of experience in analytics or related field.
Experience with CHAID, decision tree and logistic regression modeling

Responsibilities

Utilize analytics skills and tools to determine opportunities to optimize undergraduate credit acquisition strategies
Assess impact of strategic changes
Comprehensive reporting on credit and related portfolio metrics to monitor performance of student loan products.
Develop insights into drivers of strategy and decision making and provide data driven recommendations to enhance, expand or contract strategic initiatives
Create and perpetuate strategy analytics to monitor performance of strategies
Based on outcome of validations, create recommendations to enhance, expand or contract strategic initiatives
Develop automatic generation of standard updates covering strategy performance metrics
Respond to requests for data and analytics needed by senior management team
Analyze performance by combination of variables and credit metrics
Understand trends and their drivers and communicate relevant trends to management

Benefits

Competitive base salaries
Bonus incentives
Generous PTO, Floating Holidays and 12 Federal Holidays observed
Support for financial-wellbeing 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