Sallie Mae-posted 4 months ago
Full-time • Mid Level
Hybrid • Newark, DE
Credit Intermediation and Related Activities

The Senior Associate, Statistical Modeling will be responsible for supporting the development and implementation of statistical models and methodologies to drive data-informed decision-making within the organization. This role is ideal for individuals with a strong foundation in statistical modeling and machine learning. The candidate will play a key role in developing, validating, and enhancing credit risk models, working closely with business stakeholders to ensure alignment and applicability of model outputs.

  • Assist in the development and implementation of statistical models, algorithms, and methodologies to analyze complex data sets and solve business problems.
  • Collaborate with cross-functional teams, including data scientists, data engineers, business analysts, and stakeholders, to understand business objectives and contribute to statistical modeling projects.
  • Analyze and interpret large and diverse datasets to extract meaningful insights.
  • Assist in evaluating and validating statistical models to ensure accuracy, reliability, and scalability.
  • Contribute to the documentation of statistical models, methodologies, and findings.
  • Prepare reports and presentations to communicate results, insights, and recommendations to team members and stakeholders.
  • Master's degree in Statistics, Mathematics, Data Science, or a related field.
  • Proficiency in statistical programming languages such as SAS, SQL or Python.
  • Knowledge of statistical modeling techniques, including regression analysis, time series analysis, predictive modeling, and machine learning algorithms.
  • Familiarity with data visualization tools and techniques.
  • Strong analytical and problem-solving skills, with the ability to work with large and complex data sets.
  • Detail-oriented with a strong focus on accuracy and quality.
  • Effective communication and interpersonal skills, with the ability to collaborate with team members and stakeholders.
  • Doctorate's degree in Statistics, Mathematics, Data Science, or a related field.
  • 3+ years of experience in statistical modeling or data analysis.
  • Expertise in advanced technologies, including machine learning and generative AI.
  • Exposure to cloud platforms and tools such as AWS and Git technology.
  • Familiarity with model governance frameworks and prior experience in supporting model validation processes.
  • 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
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