Stat Modeling Grad Intern

Sallie Mae is proud to help Americans aspiring to create the life they want--whether that means helping them make college happen, or something more. Our colleagues across departments and across the country are united in our passion and our customer-first approach. Whether you want to join a growing company, be part of an agile workforce, or gain new skills--you're in the right place.

Program Overview:  

The Sallie Mae Internship program seeks to attract and develop exceptional early talent while adding value to our organization. Our goal is to tie academic learning into a practical business setting while fostering professional and personal growth within a student’s area of focus.  

Over the course of the semester, interns will gain exposure to senior leaders, attend meetings, work alongside mentors, and receive valuable performance feedback. 

What You'll Contribute:

This position aims to provide a temporary role related to academic field of study or career interests in statistical modeling. This position requires knowledge of statistical and mathematical theories and techniques and coding languages such as SAS, SQL, R, and Python.

What You'll Do:

Develop statistical models for managing credit risk of student loan borrowers using techniques such as Time Series, OLS, Logistic Regression, Decision Tree, and Cluster Models. Facilitate modeling managers to work with internal and external parties to have model validated and approved by the Credit Committee. Document model specifications and forecast results in write-up format in accordance with Model Risk Management Policies and Procedures. Respond to requests for data and analytics needed by management and business partners. Prepare presentations for the support of risk management initiatives.

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.

Education:

Currently enrolled in an accredited college or university

Open to Graduate students in Master’s or PhD programs

Maintains a GPA of 3.0 or higher

Experience:

Available to work up to 40 hours per week between 6/1/2026 and 8/28/2026 – Summer

Knowledge, Skills, and Abilities:

Strong communication skills

Excellent interpersonal and verbal/written communication skills with individuals at all levels.

Excellent administrative skills including proficiency with Microsoft Word, Excel, Outlook, PowerPoint and web-based applications.

Strong follow through and multi-tasking skills, and attention to detail.

Local candidates required (hybrid) This role is hybrid requiring Tuesdays to Thursdays onsite