Delaware State Job Bank Employer Statistical Modeler I in Newark, Delaware

This job was posted by : For more information, please see: Position Summary:

This position will report to the Senior Manager, Operations Analytics in Servicing Operations. This position requires in depth knowledge of advanced modeling techniques and coding languages such as SAS, SQL and R.

Responsibilities will include model development, design, testing, implementation, validation and other ad-hoc analytics. The candidate will be expected to build robust statistical models from the ground up. All aspects of model development will be expected such as; pulling development data, model design, model back testing, model documentation and model validation. Candidate will be expected to explain model theory, purpose and results to senior management.

Key Responsibilities:

Model Development

Develop statistical models for application in operational areas using techniques such as OLS, Logistic Regression, Decision Tree, Cluster Models etc.

Document model in great detail in accordance with Model Risk Management Policies and Procedures

Work with internal and external parties to have model validated and approved by the Model Risk management committee

Present model results to senior management and appropriate committees

Model Validation

Perform model validations for other internally built models

Write up detailed validation reports which show the effective challenge of model design and theory used

Present findings of validations to senior management

Ad Hoc Analysis

Respond to requests for data and analytics needed by senior management team

Develop presentations and analysis for the support of operational changes, board of director updates and external groups

Other responsibilities, as assigned

Requirements Education:

Bachelor's degree in a quantitative field such as statistics, economics or mathematics.

Master's preferred


1-2 years of experience building statistically based models using SAS, SQL, R or comparable coding language

In depth knowledge of statistical models and data mining techniques

Strong oral and written communication skills required to effectively and concisely present key findings to senior management is a must

Strong working knowledge in presenting quantitative data via PowerPoint, Excel, Word, etc.

Solid knowledge of financial services industry and the products and services offered.

Knowledge, Skills and Abilities

Ability to consistently meet expected deadlines

Excellent written and verbal communication skills

Ability to simultaneously manage and organize multiple projects

Ability to recognize/analyze/resolve system and procedural problems

Ability to lead and coordinate activities of a project group

Ability to perform well under pressure and to work independently with high levels of initiative

Excellent organizational skills #LI-ME

EEO Employer Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. Sallie Mae is a drug free workplace.