Senior Manager, Statistical Modeling

Reposted 18 Days Ago
Be an Early Applicant
Newark, DE, USA
In-Office
Senior level
Financial Services
The Role
The Senior Manager, Statistical Modeling will lead the development of statistical and machine learning models to analyze data and provide insights, ensuring compliance and collaborating with cross-functional teams.
Summary Generated by Built In

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'll Contribute

The Senior Manager, Statistical Modeling will be responsible for developing and implementing advanced statistical models and methodologies to analyze complex data sets, extract insights, and provide actionable recommendations.

What You'll Do

  • Design, develop and implement statistical and machine learning models and algorithms, aligning with organizational goals and digital transformation initiatives.

  • Foster a collaborative and innovative work environment that encourages knowledge sharing, professional growth, and continuous improvement.

  • Oversee the full model development and machine learning lifecycle: data collection, preprocessing, feature engineering, model development, deployment, and monitoring.

  • Collaborate with cross-functional teams to translate business needs into effective modeling solutions.

  • Ensure models are robust, reliable, and compliant with security, privacy, and governance standards.

  • Develop and implement evaluation and validation procedures to ensure the accuracy, reliability, and scalability of statistical models.

  • Generate regular reports and presentations to communicate results, insights, and recommendations to senior leadership and relevant stakeholders.

  • Communicate results, insights, and recommendations to stakeholders through reports and presentations.

  • Stay current with advancements in machine learning and data science, and evaluate new tools and technologies for adoption.

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: Indicate minimum education, skills and experience required.

  • Master's degree in Statistics, Mathematics, Data Science, Computer Science, Data Science, Machine Learning, or a related field.

  • 5+ years of experience in statistical modeling, including hands-on experience developing and deploying models in production environments.

  • Proficiency in statistical programming languages such as Python, R, or SAS, and experience with ML frameworks (e.g., TensorFlow, PyTorch, Scikit-learn).

  • Strong understanding of statistical modeling techniques, such as regression analysis, time series analysis, predictive modeling, and machine learning algorithms(supervised, unsupervised, deep learning, reinforcement learning).

  • Experience with cloud-based platforms (e.g., AWS, Azure, Google Cloud).

  • Familiarity with data engineering, data visualization, and model evaluation techniques.

  • Excellent analytical and problem-solving abilities, with keen attention to detail.

  • Effective communication and interpersonal skills, with the ability to present technical concepts to non-technical audiences.

Preferred: Indicate “nice to haves” regarding education, skills, and experience.

  • Doctorate’s degree in Statistics, Mathematics, Data Science, Computer Science, Machine Learning, or a related field.

  • 8+ years of experience in statistical modeling, machine learning, or data science, including managing large-scale ML projects.

  • Experience with MLOps, containerization (Docker, Kubernetes), and deploying models in enterprise environments.

  • Experience with data governance, security, and compliance in ML projects.

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. 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

Not the right fit?  Let us know you're interested in a future opportunity by clicking Introduce Yourself in the top-right corner of the page or create an account to set up email alerts as new job postings become available that meet your interest!

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 here to 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.

Skills Required

  • Master's degree in Statistics, Mathematics, Data Science, Computer Science, Machine Learning, or related field
  • 5+ years of experience in statistical modeling
  • Proficiency in Python, R, or SAS
  • Experience with ML frameworks like TensorFlow, PyTorch, Scikit-learn
  • Strong understanding of statistical modeling techniques
  • Experience with cloud-based platforms like AWS, Azure, or Google Cloud

Sallie Mae Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Sallie Mae and has not been reviewed or approved by Sallie Mae.

  • Strong & Reliable Incentives Bonuses are considered good or achievable in several roles, making total compensation feel stronger than base pay alone. Incentive plans are viewed as a meaningful part of earnings in collections and other roles.
  • Leave & Time Off Breadth PTO is characterized as generous with additional paid and floating holidays. Time off that scales by level and tenure is highlighted as a valued part of the package.
  • Parental & Family Support Fully paid parental leave for primary and secondary caregivers and adoption assistance are emphasized as standout benefits. External recognition for adoption-friendly policies reinforces strength in family support.

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The Company
HQ: Newark, DE
2,720 Employees

What We Do

Sallie Mae’s mission is to power confidence as students begin their unique journey. We believe college should be affordable, equitable, and accessible for all students. As the leader in private student lending, we provide financing and expertise to support college access and completion. We offer products and resources to help students and families start smart in planning for higher education, ensuring opportunities to learn and dream big.

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