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Sallie Mae Jobs (NOW HIRING)

Senior Engineer II

Newark, DE · On-site

$102K - $140K/yr

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 ...

Senior Engineer II

Newark, DE · On-site

$102K - $140K/yr

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 ...

Senior Engineer II

Newark, DE · Hybrid

$102K - $140K/yr

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 ...

Senior Engineer II

Newark, DE · On-site

$102K - $140K/yr

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 ...

Senior Engineer II

Newark, DE · On-site

$95 - $135/hr

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 ...

Join Sallie Mae 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 ...

Senior Engineer II

Newark, DE · On-site

$110 - $140/hr

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 ...

Associate, Recovery

New Castle, DE

$15.50 - $19.50/hr

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 ...

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Sallie Mae information

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How much do sallie mae jobs pay per year?

As of Aug 18, 2026, the average yearly pay for sallie mae in the United States is $393,215.00, according to ZipRecruiter salary data. Most workers in this role earn between $400,000.00 and $400,000.00 per year, depending on experience, location, and employer.

What is Sallie Mae?

Sallie Mae is a private company that specializes in providing student loans, banking products, and financial services to help students and families pay for higher education. Originally established as a government-sponsored enterprise, Sallie Mae is now a publicly traded corporation focusing on private student loans, college savings tools, and related financial products. The company also offers resources to help borrowers understand and manage their student loan repayment. Sallie Mae does not service federal student loans, but instead works exclusively with private loans and other financial services.

What are common challenges faced by professionals working at Sallie Mae, and how can new employees prepare for them?

Professionals at Sallie Mae often work in a fast-paced environment where adapting to changing federal regulations and customer needs is essential. New employees may find that learning the intricacies of student loan products and compliance requirements can be challenging at first. To prepare, it's helpful to thoroughly review Sallie Mae’s training materials, stay updated on industry trends, and proactively seek support from team members. Collaboration is highly valued, so building strong communication skills and being open to feedback will help new hires integrate smoothly and succeed within their teams.

What are the key skills and qualifications needed to thrive as a Sallie Mae loan officer, and why are they important?

To thrive as a Sallie Mae Loan Officer, you need a solid understanding of lending practices, financial analysis, and regulatory compliance, typically supported by a degree in finance, business, or a related field. Familiarity with loan origination systems, CRM software, and federal student loan regulations is essential. Strong interpersonal skills, attention to detail, and ethical judgment help you excel in customer interactions and decision-making. These skills ensure accurate loan processing, customer satisfaction, and adherence to industry standards.

What is the difference between Sallie Mae vs Loan Officer?

AspectSallie MaeLoan Officer
Primary RoleProvides student loan products and servicesAssists clients in applying for various loan types, including student loans
Work EnvironmentFinancial institutions, online platformsBank branches, lending companies, financial institutions
CredentialsTypically requires a high school diploma or equivalent; some roles prefer finance or related degreesHigh school diploma or equivalent; financial or sales experience beneficial

While Sallie Mae focuses on offering student loan products and managing related services, Loan Officers work directly with clients to evaluate and approve various types of loans. Both roles operate within the financial industry and may require similar educational backgrounds, but their daily responsibilities and client interactions differ significantly.

More about Sallie Mae jobs

What cities are hiring for Sallie Mae jobs?

Cities with the most Sallie Mae job openings:

What states have the most Sallie Mae jobs?

States with the most job openings for Sallie Mae jobs include:

Infographic showing various Sallie Mae job openings in the United States as of August 2026, with employment types broken down into 90% Full Time, 6% Part Time, and 4% Contract. Highlights an 78% Physical, 13% Hybrid, and 9% Remote job distribution, with an average salary of $393,215 per year, or $189 per hour.

Sr. Manager, Strategic Partnerships & Execution

Sallie Mae

New York, NY • On-site

$90K - $90K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 6 days ago


Sallie Mae rating

7.6

Company rating: 7.6 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


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'll Contribute
This position supports Sallie Mae's Strategic Partnerships business, including programmatic loan sales, loan sale partnerships, private credit arrangements, and related funding structures. The role supports execution, planning, and communications efforts for the Strategic Partnerships team and applies hands on expertise in ABS structuring and securitization as part of broader loan funding activities.
This role applies experience across loan structuring, transaction execution, cash flow and waterfall modeling, and deal documentation support. Responsibilities include applying financial modeling techniques, maintaining a working understanding of student loan program laws and regulations, and supporting transaction analysis to ensure structures are accurate, compliant, and decision ready.
The role focuses on loan portfolio economics, performance tracking, funding analysis, and the preparation of materials that support management decision making. Success requires strong analytical skills, attention to detail, and sound judgment, and the ability to translate complex transaction economics into clear, practical insights in a fast paced, deadline driven environment. The role works closely with internal partners across Finance, Legal, Compliance, Audit, Accounting, Treasury, and Capital Markets, as well as external stakeholders such as rating agencies, investors, banks, and advisors.
What You'll Do
  • Participate in the structuring and execution of loan sale and partnership transactions, ensuring compliance with market, rating agency, and regulatory requirements. This includes preparing and reviewing cash flow, waterfall, and scenario analyses, collateral stratifications, rating agency materials, and transaction documentation to ensure accuracy and alignment with securitization structures.

  • Monitor ongoing investor and partner reporting for strategic partnerships, including monthly performance and projected cash flow reporting, and support preparation of quarterly board and senior management materials.

  • Develop and apply sound assumptions, structure complex funding transactions, and interpret model results to support funding decisions, capital and liquidity considerations, and ad hoc analyses for senior leadership.

  • Develop, manage, and grow relationships with strategic loan partners, private credit investors, banks, and other capital providers. Participate in daytoday engagement, performance discussions, and ongoing coordination, and partnering with senior leaders on commercial strategy and key decisions.

  • Own the Strategic Partnerships operating cadence by preparing executiveready materials for periodic updates

  • Manage forecasting, budgeting inputs, variance analysis, and business case development for Strategic Partnerships loan volumes, fee revenue, and funding economics.

  • Partner cross-functionally with Credit Risk, Corporate Finance, Legal, Compliance, Audit, Accounting, Treasury, Capital Markets, Product, Operations, and Technology to ensure funding and partnership requirements are reflected in business design, operating processes, reporting capabilities, and control readiness.

  • Support planning and readiness for funding infrastructure and securitization processes, by developing business case materials, operating requirements, reporting frameworks, and scalable processes.

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 skills and experience required.
  • Experience with capital markets / structured finance transactions.
  • Experience with cash flow analysis and key drivers including defaults, prepayments, and recoveries as well as experience with cash flow modeling for structured transactions.

  • Comfort working with financial systems and data used for forecasting, reporting, and performance management.

Preferred education, skills, and experience.
  • Bachelor's degree in Economics, Finance, Accounting or Mathematics.
  • 4+ years of experience with financial and/or economic analysis.
  • 4+ years of experience with structured finance analysis including statistical analysis, financial analysis, and modeling preferably in the financial services/student loan industry.
  • Experience with enterprise financial systems and planning tools (e.g., Workday, Adaptive, Anaplan, or similar).
  • Strong planning and organizational skills.

  • Strong problem solving and judgment skills.

  • Excellent oral and written communication/presentation skills.

  • Excellent time management skills: ability to handle multiple tasks under strict deadlines.

  • Initiative and results orientation.

  • Strong team player orientation.

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.

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