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Senior Manager, Strategy

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

As a Senior Manager of Strategy, you will play a key role in shaping strategic initiatives for our Private Student Loan & Retail Deposits businesses. You will conduct in-depth industry and competitive research, analyze business performance, and develop strategic recommendations that drive growth and efficiency.

Building on your strong analytical expertise and business acumen, you will take greater ownership of high-impact projects and workstreams, ensuring the timely execution of strategic initiatives. You will work closely with senior team members and cross-functional leaders to support critical decision-making and help drive strategic clarity across the organization.

This role requires a balance of strategic thinking, analytical rigor, and execution excellence, with a high degree of autonomy in managing complex projects while collaborating with key stakeholders across the business.

What You'll Do

  • Conduct deep market and competitive analysis, identifying key trends, opportunities, and risks to inform strategic direction.

  • Perform detailed financial and business performance analysis, generating insights that support strategic decision-making.

  • Take ownership of key workstreams, structuring analytical approaches and driving execution with minimal oversight.

  • Develop business cases and financial models to evaluate new opportunities, investments, and strategic initiatives.

  • Translate complex data into clear, actionable insights, developing presentations and recommendations for senior leadership.

  • Partner with Directors and cross-functional teams to shape strategic initiatives and ensure seamless execution.

  • Provide thought leadership and problem-solving frameworks, helping structure and guide strategic discussions.

  • Balance multiple projects with competing priorities, ensuring high-quality execution and impactful deliverables.

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 Business Administration, Finance, Economics, Engineering, or a related field. An MBA or relevant advanced coursework is a plus.

  • 6+ years of experience in Corporate or Business Strategy within Financial Services, or a strategy consulting associate/senior associate role in a Management Consulting firm.

  • Proven ability to manage projects independently, demonstrating initiative and structured problem-solving.

  • Strong analytical and problem-solving skills, with expertise in financial modeling, data analysis, and business case development.

  • Proficiency in data tools (Excel, Tableau, Power BI) and ability to translate data into strategic insights.

  • Exceptional communication and storytelling skills, with a proven ability to develop and deliver high-impact strategic presentations to senior stakeholders. Advanced proficiency in PowerPoint is essential for success in this role.

  • Experience collaborating with cross-functional teams, ensuring alignment and execution on key initiatives.

  • Ability to navigate ambiguity and adapt to shifting business priorities in a fast-paced environment.

  • A strong sense of ownership and accountability, with the ability to execute complex projects with confidence and precision.

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.

Average salary estimate

$140000 / YEARLY (est.)
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$160000K

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What You Should Know About Senior Manager, Strategy, Sallie Mae

Join Sallie Mae as a Senior Manager of Strategy in beautiful Newton, Massachusetts, where you’ll become a champion for students navigating their unique education journeys! At Sallie Mae, we're on a mission to empower students to plan for their future successfully. As part of our team, you’ll get the chance to drive meaningful change, ensuring that we meet and exceed student expectations. In this pivotal role, you will lead strategic initiatives for our Private Student Loan & Retail Deposits businesses, conducting thorough market research and analysis to identify growth opportunities. You will collaborate closely with senior leaders and cross-functional teams, translating complex data into clear and actionable insights. Your analytical prowess, alongside your experience in business strategy, will guide decision-making and shape the company’s strategic direction. This position is an incredible opportunity to showcase your problem-solving skills and be at the forefront of driving efficiency and growth while enjoying the rewarding benefits Sallie Mae offers—such as generous PTO, career development opportunities, and flexible working arrangements. If you're passionate about making a difference for students and ensuring they are well prepared for their future, we would love to have you on our team!

Frequently Asked Questions (FAQs) for Senior Manager, Strategy Role at Sallie Mae
What are the main responsibilities of a Senior Manager of Strategy at Sallie Mae?

As a Senior Manager of Strategy at Sallie Mae, you will be responsible for conducting in-depth industry research, analyzing business performance, and developing strategic recommendations that drive growth and efficiency for our Private Student Loan & Retail Deposits businesses. You'll lead complex projects, develop financial models, and collaborate with cross-functional teams to support critical decision-making.

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What qualifications do I need to apply for the Senior Manager of Strategy position at Sallie Mae?

To qualify for the Senior Manager of Strategy role at Sallie Mae, you typically need a Bachelor’s degree in Business Administration, Finance, or a related field, along with at least 6 years of experience in Corporate or Business Strategy within Financial Services. An MBA or advanced coursework is advantageous, as are strong analytical skills and proficiency in data tools such as Excel and Tableau.

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What skills are vital for success in the Senior Manager of Strategy role at Sallie Mae?

Success as a Senior Manager of Strategy at Sallie Mae requires strong analytical and problem-solving skills, expertise in financial modeling, and the ability to communicate complex insights clearly. Being proficient in data tools and possessing exceptional storytelling abilities are also essential for delivering impactful presentations to senior leadership.

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How does Sallie Mae support the professional development of a Senior Manager of Strategy?

Sallie Mae is committed to your growth as a Senior Manager of Strategy. The company offers numerous career development resources, including tuition reimbursement and training opportunities. You will have access to a supportive environment that encourages continuous learning and offers mentorship from seasoned professionals.

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What does a day-to-day look like for a Senior Manager of Strategy at Sallie Mae?

Day-to-day, a Senior Manager of Strategy at Sallie Mae engages in market analysis, collaborates on high-level strategic projects, and translates data into actionable insights. You'll balance multiple projects, meet with cross-functional teams, and provide thoughtful leadership to ensure successful execution of strategic initiatives.

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Common Interview Questions for Senior Manager, Strategy
What experience do you have in conducting market and competitive analysis?

In your response, highlight specific projects where you performed comprehensive market analysis. Discuss the tools you used, such as Excel or Tableau, and how your findings influenced strategic decisions.

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Can you describe a time when you managed a project independently?

Choose an example that showcases your initiative and problem-solving skills. Describe the project objectives, your approach, and the outcomes, emphasizing how you ensured things stayed on track.

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How do you prioritize multiple projects with competing deadlines?

Discuss your time management strategies and tools you use for prioritizing tasks. Share an instance where you successfully managed competing priorities while maintaining high-quality results.

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How do you approach data analysis to generate insights?

Talk about your analytical process, including tools and techniques you prefer. Give an example of how your analysis led to significant business insights or recommendations.

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What methods do you use for effective communication in presenting strategic insights?

Explain your approach to storytelling through presentations. Highlight how you structure your presentations to make complex information clear and impactful, perhaps mentioning any successful presentations you’ve delivered to senior leadership.

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How have you adapted to changing business priorities in your previous roles?

Provide a specific example demonstrating your adaptability. Detail the changes you faced and how you modified your projects or strategies to align with new objectives.

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Describe your experience collaborating with cross-functional teams.

Illustrate your collaborative experience by talking about a project where you worked with different teams. Focus on how you ensured alignment and effective communication among all stakeholders.

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How do you evaluate new opportunities and strategic initiatives?

Discuss the framework you use to assess opportunities, including criteria like market demand, ROI, and alignment with company strategy. Share an example where your evaluation led to a successful initiative.

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What role do you think research plays in strategic development?

Emphasize the importance of data-driven decision-making and how research informs strategy. Discuss how your research efforts have led to competitive advantages in past roles.

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Why do you want to work as a Senior Manager of Strategy at Sallie Mae?

Articulate your passion for education and how Sallie Mae’s mission aligns with your professional values. Share why you believe you can add value to the company and what excites you about the role.

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Sallie Mae is committed to powering confidence for students along their unique journey.

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Full-time, hybrid
DATE POSTED
April 3, 2025

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