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 Director – Enterprise Risk reports to the Head of Enterprise Risk. The Director will be responsible for supporting, the development, maintenance, and / or enhancement to the Regulatory Change Management process, New and Changed Product/Process Risk Assessments, and the implementation of risk programs in the Governance Risk & Compliance (GRC) technology solution. The Director may take on additional responsibilities at the direction of the Head of Enterprise Risk. What You'll Do Supports the Head of Enterprise Risk for ensuring the effectiveness of the Enterprise Risk Management Program. 10% Maintains and/or enhances the Regulatory Change Management Process. 20% Drives strategy for and supports organizational implementation of enterprise GRC tool implementation to enable risk management practices / processes. 30% Owns methodology for and drives enhancements to Risk Assessments for New / Change Products and Processes 30% Provides ad hoc research and project support.10% 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 a related field such as Finance, Economics, Business Administration and relevant certifications (e.g. CFA, FRM) that show an ongoing willingness and ability to expand knowledge and expertise 7 years of progressive experience in enterprise risk management Understanding of and experience with modern risk management methodologies, tools and approaches for different risk categories Ability to understand complex business processes and develop or advice on effective risk management and monitoring programs Ability to perform research regarding unfamiliar topics and develop thoughtful recommendations for solutions Experience with implementing and managing Governance, Risk, and Compliance (GRC) systems (e.g. – OpenPages, Archer, Workiva, RiskConnect, MetricStream), including managing requirements, program/project management, and ongoing maintenance Extensive experience in development and maintenance of risk management policies, procedures and risk assessment processes (including risk assessments of New Products/Processes) to enable providing actionable insights related to the effectiveness of the current enterprise risk framework Strong knowledge of the external regulatory environment and the particular requirements for operating as a regulated banking entity in the United States Experience in developing and/or operating a Regulatory Change Management process (new and changed laws, rules, and regulations) Ability to develop and maintain effective partnerships with internal and external business contacts Demonstrated ability and willingness to challenge and influence business and risk partners Excellent oral and written communications skills with the ability to present complex data in a clear, concise, user-friendly format to all levels of audience Proficient in Microsoft applications Preferred education, skills, and experience. Additional experience in incentive compensation risk management 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. 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. 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.