Job Description

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 Will Contribute

This role offers the candidate an opportunity to work in a multifaceted finance position supporting the Treasurer and the Head of Treasury Operations. Key responsibilities include executing daily cash management activities, establishing and managing correspondent bank accounts, and overseeing personnel. This role will also involve managing the team responsible for the day-to-day activities required to meet the Bank’s financial obligations, including executing daily funds transfers, updating system activity, working with internal and external customers to resolve variances and inquiries, and streamlining and automating processes. Additionally, the ideal candidate will assist with researching and implementing a Treasury Management System in the future.

The candidate will lead first-line-of-defense activities for the Treasury Department, ensuring that procedures are updated and maintained to support Treasury’s critical operations. Close coordination with the broader Treasury department on cash management and investment activities is essential. The ideal candidate will also work cross-functionally with Accounting, Compliance, Legal, and other departments to execute Treasury’s strategies within a strong governance framework.

What You Need to Succeed

• Apply sound knowledge of Treasury functions within a strong risk and governance framework.

• Analyze financial data and investigate variances using disciplined logic and research.

• Execute multiple priorities effectively with minimal supervision and appropriate escalation.

• Ensure accuracy and control integrity in reporting and analysis, while identifying risks and control enhancements.

• Identify ways to use technology to automate processes and enhance key controls

• Act with accountability, collaborate across functions, and uphold governance standards in support of organizational objectives.

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 Education, Skills and Experience Required

• Bachelor’s degree in Finance or Accounting.

• The qualified candidate will have 5-10 years of cash management experience.

• Advanced knowledge of Microsoft Office applications, particularly Excel and Word. SQL knowledge is a plus.

• Demonstrated ability to utilize G/L and other databases to generate analyses and reporting.

• Experience in gathering data and preparing meaningful reports for external and internal stakeholders at the highest levels.

• Understanding of bank balance sheets and risk management principles will be critical to success.

Preferred Education, Skills and Experience

• An MBA.

• CFA or CTP credentials are encouraged.

• Prior experience with database management software and query capabilities a plus; willingness to develop these capabilities is expected.

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

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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 hereto 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 (855) 756-2007 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.