Manager, Treasury

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, help them plan their higher education, successfully finish, and prepare for life after school. We’re looking for people who are excited to drive this transformation and create better experiences for students—and for each other. What You'll Contribute This asset liability management position carries responsibility for modeling and exploring strategies to manage the interest rate risk of Sallie Mae Bank. Running the Asset & Liability market risk model is a primary role, including assisting in the development of risk management strategies, interfacing with other bank and affiliate departments to understand key business developments affecting the Bank and its financial products and instruments, refinement and reporting of all critical modeling assumptions, executive reporting and ad hoc market risk analysis for the Treasurer and Asset and Liability Committee, and supporting the Sr. Manager, Treasury in all model risk management, validation, audit and regulatory examination processes. The candidate is expected to analyze and report on the characteristics and behavior of new and existing products related to market changes, develop and run SAS reports as needed, support liquidity risk in the A/L model, support the cash forecasting process, and participate in departmental and cross-functional projects. The candidate will assist the Sr. Manager in documentation and compliance with the controls, policies, procedures, and regulatory guidance relevant to responsibilities. The position must be able to communicate effectively with internal and external parties as well as be able to manage multiple tasks simultaneously while guaranteeing timely completion of each. What You’ll Do In coordination with the Sr. Manager, run, update, and develop interest rate risk models, perform sensitivity testing and back-testing, document results, create alternative modeling scenarios, develop management recommendations, and review and interpret model results. Manage model data, develop and run SQL and Oracle reports. Support all audit and examination processes; assemble and prepare materials in response to requests and questions. ALCO Support – executive reporting, ad hoc analyses and other projects as assigned. What You Have Bachelor’s degree in Accounting or Finance 5+ years of interest rate risk management and financial analysis experience Experience developing and running an Asset/Liability model or other complex financial model Advanced knowledge of Microsoft Office applications, particularly Excel Demonstrated ability to utilize G/L and other databases to generate analyses and reporting Understanding of bank balance sheets, financial instruments, and risk management principles Experience utilizing SQL, SAS, and/or Oracle to extract data from databases Understanding of Treasury functions and a strong governance environment Solid understanding of financial concepts and the ability to design and carry out complex analyses Ability to balance multiple priorities to meet tight deadlines with minimal supervision Detail oriented with focus on accuracy in reporting and analysis Preferred Education, Skills, And Experience MBA, Master of Finance, or CFA Prior experience with Empyrean ALM software Prior experience with Tableau 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 can perform the essential functions of a job with reasonable accommodation. 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. You’ll get opportunities to further your education and career, support for you and your family, paid time off to volunteer, and more. Competitive base salaries Bonus incentives Generous PTO, floating holidays and 12 federal holidays observed Retirement plan with employer match Comprehensive medical, dental, vision, disability and life insurance Flexible hybrid working arrangements Paid parental leave and adoption reimbursement On-site or gym subsidy benefits Employee Assistance Program and Wellness program Tuition Reimbursement and Family Scholarship Programs Career development and training opportunities Not the right fit? Introduce yourself or set up email alerts for new postings that meet your interest. Equal Opportunity 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 law. Reasonable accommodations are available for applicants with disabilities. To request an accommodation, call (855) 756-2007 and choose option 9.

#J-18808-Ljbffr