Senior Manager, Business Controls

About the role

Sallie Mae is committed to empowering students through guidance and support. We seek a Senior Manager of Business Controls to develop and implement internal controls, manage a team, and drive process improvements.

Responsibilities

• Develop and implement a comprehensive internal controls program addressing risks and ensuring compliance with company policies and regulatory requirements.
• Manage a team of control professionals, providing guidance, support, and coaching to ensure high-quality control assessments and documentation.
• Collaborate with other senior executives to identify and implement process improvements and operational efficiencies.
• Ensure that all control deficiencies are identified, documented, and remediated in a timely manner.
• Review and update control policies and procedures to ensure they are current, effective, and aligned with industry best practices.
• Cook with external auditors to ensure timely and accurate completion of audits and assessments.
• Prepare reports on the status of the internal controls program and provide regular updates to senior executives.

Requirements

• Understanding of internal control frameworks and regulations, including COSO, SOX, and other relevant standards.
• Ability to lead and manage a team of control professionals.
• Excellent communication skills, both written and verbal, with the ability to effectively communicate with senior executives and the board of directors.
• Strong analytical and problem-solving skills, with the ability to identify and resolve complex control issues.
• Ability to collaborate and build relationships with key stakeholders across the organization.
• Experience working in a fast-paced, dynamic environment with multiple priorities and competing demands.

Qualifications

• Minimum education, skills and experience required: Bachelor's degree in accounting, finance, or a related field; a Master's degree is preferred. Minimum of 6 years of experience in internal controls, audit, or related field, with at least 2 years in a leadership role.

Skills

• Understanding of internal control frameworks and regulations, including COSO, SOX, and other relevant standards.
• Ability to lead and manage a team of control professionals.
• Excellent communication skills, both written and verbal, with the ability to effectively communicate with senior executives and the board of directors.
• Strong analytical and problem-solving skills, with the ability to identify and resolve complex control issues.
• Ability to collaborate and build relationships with key stakeholders across the organization.

Benefits

• 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
• 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