Compliance Manager

Company Name:
Sallie Mae
Sallie Mae (NASDAQ: SLM) is the nation's No. 1 financial
company specializing in education. Whether college is a long way off or just around the corner, Sallie Mae turns education dreams into reality for its 25 million customers. With products and services that include college savings programs, scholarship search tools, education loans, tuition insurance, and online banking, Sallie Mae offers solutions that help families save, plan, and pay for college. Sallie Mae also provides financial services to hundreds of college campuses as well as to federal and state governments. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
- Servicing will report to the Senior Director, Director or Manager of Compliance and have the responsibility for providing compliance support to Loan Operations Servicing. Responsibilities will include supporting the businesses by providing regulatory control guidance, assisting with issue resolution, reviewing policies and procedures, ensuring a system of regulatory controls exist within the business lines, extracting data from various sources for sampling, developing and executing testing scopes, reviewing test results with management, issuing test result reports, and tracking open action items to correct deficiencies. This includes partnering with Servicing to implement remediation plans and retesting efforts.
The candidate must have a high level of initiative and be able to work independently under normal supervision, assuming ownership for all assignments and projects. The individual must possess strong written and verbal communication skills, and demonstrate the ability to interact with management and personnel at all levels. The ideal candidate would be familiar with laws and regulations governing student loans. In addition, the candidate must demonstrate the ability to maintain the highest degree of confidentiality, integrity and trust.
Assess the effectiveness of the system of controls within the business area.
Issue Resolution
Review Customer Communications
Provide support for new projects, business initiatives and regulatory audits and exams
Bachelor's degree or equivalent work experience.
5 years of financial institution risk management or regulatory experience. Student lending experience preferred.
Ability to understand complex regulatory requirements and analyze their impact on operations.
15% travel.
Certification in regulatory, audit or risk management disciplines preferred, but not required.
Sallie Mae is a federal government contractor. Should this
support a government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions.

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