Senior Associate, Credit Risk Analytics

What You'll Contribute The Sr. Analyst, Credit Risk role is a key position within Sallie Mae’s 2nd Line of Defense Credit Risk team. This position is responsible for performing the analytical review of credit risk related to underwriting, portfolio management, and loss mitigation processes. The Sr. Analyst role also provides design and monitoring for the credit risk oversight framework including development of credit risk appetite, risk metrics thresholds, and limits. This position executes analytical techniques to provide insights into portfolio credit quality at segment level and assessment of emerging risks. Additionally, the position will collaborate regularly with business partners and regulators during portfolio exams as part of the credit review and challenge process. What You’ll Do Risk analytics & reporting Supports 2nd Line of Defense analytical review of credit risk across the entire credit life cycle. Evaluates risk impact of strategy changes, environmental changes, and related layered risk. Provides analytical support, deep diving into emerging credit trends and performing ad-hoc credit reporting. Provides narratives of observations and preparation of presentation materials. Design and develop Power BI dashboards to meet the reporting needs of the risk organization, encompassing areas such as operational risk, financial crimes risk, technology and cyber risk, enterprise risk, business controls, and compliance. Develop and optimize advanced Python scripts and SQL queries for data extraction and manipulation. Collaborate with stakeholders to understand analytic needs and reporting requirements and translate them into technical specifications. Ensure data integrity and accuracy in risk reporting processes. Assist in the continuous improvement of reporting workflows and methodologies. Portfolio monitoring and risk limit setting Uses analytical techniques to provide insights into portfolio credit quality at segment level and assessment of emerging risk. Communicates findings and recommended enhancements to business partners and review remediation. Credit components (Data, Tools and Counterparty) Develops monitoring for credit decision processes based on aggregation of component (models used in credit decisions, alt-data and other tools) risk and complexity. Designs and supports business cycle and credit impact assessments. Credit Review and Challenge Manages documentation, process, and standards for compliance with credit risk policy requirements. Assists in the compilation of the quarterly Chief Credit Risk Officer submissions. Documents and communicates results to senior leadership. What You Have Minimum Education, Skills and Experience Required Degree in statistics, economics, mathematics, or other quantitative science or equivalent, relevant work experience. Experience with credit analytics, financial services, credit strategy or equivalent work experience. Applied experience using statistical tools (e.g., SAS, Python, R, Tableau etc.). Advanced Python and SQL coding required, with a minimum of 2 years work experience using these languages. 2 years of work experience building dashboards using PowerBI and the DAX coding language. Familiarity with credit policy, procedures, and standards. Be innovative – identify opportunities and drive actions. Strong understanding of regulatory environment. Has an inquisitive mindset. Strong oral and written communication skills as well as presentation skills. Strong organizational skills with attention to details. Strong team player who listens to stakeholders and works effectively toward solutions. Preferred Education, Skills and Experience Masters or PhD degree. Exposure to machine learning. Building dashboards using 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, with or without reasonable accommodation, can perform the “essential functions” of a job. Benefits Competitive base salaries Bonus incentives Generous PTO, Floating Holidays and 12 Federal Holidays observed Support for financial‑well‑being and retirement (401(k) 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 Equal Opportunity Employment 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. #J-18808-Ljbffr