Senior Associate, Data Analytics

5 days ago


Newark, Delaware, United States Sallie Mae Full time

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.

  • 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

     

The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.

What you have

Minimum: Indicate minimum education, skills and experience required.

  • 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

Preferred: Indicate "nice to haves" regarding education, skills, and experience.

  • 3+ years of experience in analytics or related field.

  • Experience with CHAID, decision tree and logistic regression modeling

The Americans with Disabilities Act

The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination by employers, in compensation and employment opportunities, against qualified individuals with disabilities who, with or without reasonable accommodation, can perform the "essential functions" of a job. A function may be essential for any of several reasons, including: the job exists to perform that function, the employee holding the job was hired for his/her expertise in performing the function, or only a limited number of employees are available to perform that function.

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 to view the U.S. Pay Transparency Policy, here for federal job applicant notices, and here 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 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.

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