Manager, Business Controls

Sallie Mae; Arlington (VA); Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Competitive base salary

Bonus incentives

Generous PTO and holidays

401k with employer match

Medical/dental/vision

Disability and life insurance

Hybrid work arrangements

Parental leave

Tuition reimbursement

Job summary

Sallie Mae is seeking a Manager of Business Controls to lead internal control development, testing, and monitoring for the Risk team. You will drive remediation plans, enhance controls, and support regulatory compliance across the company.

In this hybrid role based in Arlington, you will work with cross-functional teams to implement process improvements and automation, provide regular reporting, and contribute to risk-based decision-making.

Qualifications

• Understanding of internal control frameworks (COSO) and regulations (SOX).
• Ability to collaborate with control professionals to assess and test controls.
• Strong technical, analytical, and problem‑solving skills.

Responsibilities

• Develop, implement and test internal controls for the Risk team.
• Monitor adherence to programs and report metrics to leadership.
• Coordinate with regulators and support exams and requests for information.

Skills

COSO/SOX

Analytical

Communication

Regulatory compliance

Collaboration

Education

Bachelors in accounting/finance

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

The Manager of Business Controls will be responsible for supporting the development, implementation, and testing of internal controls as well as monitoring, reviewing and reporting on Risk team adherence to internal programs and processes. The Manager will support reporting solutions, training programs, risk systems and supporting technologies utilized by the Risk team. The Manager will also help facilitate transformational projects by collaborating with other control professionals and driving process improvements, automation, and operational efficiencies.

What You'll Do

Support the development, implementation, and testing of internal controls for the Risk team that address risks and ensure compliance with company policies and regulatory requirements. Identify control deficiencies and enhancements and work with the team to develop remediation plans and improvements including control automation. Review adherence to programs and processes for the Risk team and provide regular reporting and metrics to Risk team leadership. Execute processes and controls owned by the Risk Business Controls team for risk system administration, reporting, training, and document management. Assist in the coordination and review of requests from regulators to support timely and accurate completion of exams. Facilitate transformational projects and initiatives impacting the Risk team and other business control functions.

Minimum

Indicate minimum education, skills and experience required. Understanding of internal control frameworks and regulations, including COSO, SOX, and other relevant standards. Ability to collaborate with other control professionals to assess, document, and test controls. Strong technical, analytical and problem‑solving skills, with the ability to identify and resolve both technical and control issues. Excellent communication skills, both written and verbal, with the ability to effectively communicate with colleagues and management. Ability to work in a fast‑paced, dynamic environment with multiple priorities and competing demands.

Preferred

Bachelor's degree in accounting, finance, or a related field. Minimum of 3 years of experience in internal controls, audit, or related field.

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.

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
• 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

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.

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Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an accommodation please call [phone] 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.