Address
Form of workAs a member of this team, the Financial Specialist will learn about and execute various financial calculations, perform monthly/quarterly reporting and perform variance analysis. The Specialist will develop an understanding of student loans, financial modeling, and learn to develop skills to effectively evaluate, validate and interpret process results. The Specialist will also be expected to build a thorough knowledge of the operations of Navient and its business practices over time.
Specifically, the Specialist will work under the guidance of senior team members to learn about and execute models and other processes. The Specialist will then analyze and summarize the results - observing trends or variance analysis for senior team members to review. The Financial Planning & Analysis team, in concert with other business and operational partners, will utilize this information to draw conclusions, make recommendations, and implement strategies to enhance and grow Navient's EPS and shareholder value.
This is a hybrid role with 2 days a week out of our Herndon, VA office.
Essential Job Functions:
1. Annual Budget and Quarterly Forecast
- Includes the preparation of information and calculation execution of existing processes to support the annual budget and quarterly forecasts. Enhance documentation of existing models and processes.
2. Financial Analysis and Reporting
- Assist in updating calculations (and enhancing documentation) for various reporting processes related to financial analysis of results. Perform ad hoc analyses to support requests by management
3. Collaborate with multiple Business Partners across the Organization
- Develop relationships with Accounting, Operations, Credit Risk, etc. to gather inputs and research questions
4. Communication and Presentation
- Work with the team to update Board presentations and other monthly/quarterly reporting to effectively communicate results for senior team members to present
MINIMUM REQUIREMENTS:
- Bachelor's Degree - Finance or Accounting degree preferred (Other areas of study may be considered) additional equivalent experience may substitute for degree
- 0-2 years of experience with financial modeling/analysis
- 0-2 years of experience in Microsoft Excel
- Strong verbal and written communication skills
PREFERRED QUALIFICATIONS:
- Bachelor's degree in finance, economics, or related field
- Financial analysis, statistical, and modeling skills
- Experience in financial services/student loan industry
- Coding experience building Excel Macros in VBA will be considered favorably.
All offers of employment are contingent on standard background checks. Navient and certain of its affiliated companies are federal, state and/or local government contractors. Should this position support a Federal Government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions. Positions that support state and/or local contracts also may require additional background checks to determine eligibility and suitability.
EOE Race/Ethnicity/Sex/Disability/Protected Vet/Sexual Orientation/Gender Identity. Navient Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
Navient is a drug free workplace.
