Senior Manager, Credit & Model Audit(HYBRID)

21 Jan 2025

Vacancy expired!

What s in it for you?!
  • Tremendous career advancement opportunities!
  • Fitness Centers/Gym Subsidies and fitness trackers!
  • Health and wellness programs!
  • 401k company match!
  • Employee stock purchase plan!
  • Basic life insurance!
  • Very generous PTO plus 14 paid holidays!
  • PTO for volunteer work you are passionate about!
  • Comprehensive benefits package with dental and vision!
  • Pet Insurance!
  • Flexible spending accounts!
  • New Parents get 12 weeks of 100% PTO, for birth or adoption!
  • Tuition reimbursement!

If that s you, let s talk! Job Type : Contract to Hire Location : Newark, Delaware Pay : Great Pay! Job Description We are looking for a Senior Manager, Credit & Model Audit to join our clients Internal Audit team. We are expanding our team and bringing highly-valued subject matter expertise in house especially in critical areas for our business. The individual hired for this new role will apply their expertise to shape our strategy and approach for auditing credit and model processes across both the First Line of Defense and Second Line of Defense. Overall, this is a truly unique opportunity to join the leading student loan provider in the United States in a vital, new role. The Senior Manager, Credit & Model Audit reports to the Director II, Internal Audit, and will apply their subject matter expertise to assess key credit practices and models across the company and the entire credit lifecycle. The ideal candidate will have significant, progressive experience in these key areas within a financial services environment. In addition, they will embody the ideals of Sallie Mae Internal Audit: Critical Thinkers, Effective Challengers, Enthusiastic Learners, Insightful Risk Advisors, and Good Colleagues. Credit Risk Subject Matter Expertise Provides leadership and technical expertise over Internal Audit s assessment of the company s credit practices related to underwriting, portfolio management and loss mitigation processes.

What you will be doing:
  • Assists with the formulation of the audit coverage over credit practices as part of the annual Internal Audit risk assessment
  • Provides analytical support for deep dives into root causes and ad-hoc credit reporting.
  • Provide narratives of observations and preparation of presentation materials.
  • Communicates findings and recommended enhancements to business partners and review remediation
  • Provides support for validation of corrective actions associated with credit-related issues
  • Model Risk Subject Matter Expertise
  • Provides leadership and technical expertise over Internal Audit s assessment of the company s practices for developing, testing, validating and governing models.
  • Assists with the formulation of the audit coverage over model risk management as part of the annual Internal Audit risk assessment.
  • Provides support for validation of corrective actions associated with model-related issues 50%

Experience you will need:
  • Undergraduate degree in statistics, economics, mathematics, quantitative sciences, or related majors
  • 7+ years of progressive experience working in a financial services environment
  • Experience with credit strategy, credit analytics, and/or model development or model validation in a financial services environment
  • Practical experience using statistical tools (e.g., SAS, Python, R, Tableau etc.) for data manipulation, data analysis and model building
  • Familiarity with credit policy, procedures, and transaction testing
  • Understanding of regulatory environment and regulatory guidelines, including SR 11-7
  • Financial or lending experience
  • Strong oral and written communication skills, as well as presentation skills with ability to conduct presentation to various levels of management
  • Strong organizational skills with attention to details
  • Strong team player who listens to stakeholders and works effectively.
Our client asked me to submit 3 great people within the next few days. We work directly with the hiring manager and can arrange interviews within a few days

  • ID: #48713817
  • State: Delaware Saltlakecityutornewark 19713 Saltlakecityutornewark USA
  • City: Saltlakecityutornewark
  • Salary: USD TBD TBD
  • Job type: Permanent
  • Showed: 2023-01-21
  • Deadline: 2023-03-21
  • Category: Et cetera