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Steve Hauber

Senior Vice President and Chief Risk and Compliance Officer

“As Navient expands into new lines of business and finds new ways to help customers, our job is to make sure we’re up to speed on any risks and that we do things the right way and we do them well – for the company, for our customers and for our investors.”

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Goal-oriented and results-driven are two words to describe Steve Hauber. The Maryland native developed his action plan approach while playing competitive sports, which also instilled a sense of fairness, he says.

Both attributes are important to his job as the head of risk and compliance at Navient, where Steve is responsible for maintaining and fostering a culture of accountability in the company’s operations to ensure Navient maintains sound credit, market, compliance and operational performance.

Steve earned a bachelor’s degree in business administration and a master’s degree in accounting from the University of North Carolina at Chapel Hill. He credits these experiences with realizing the value of education.

“Education is an extraordinary value in terms of providing the training that will put you in a position to get a good job,” he says. “For me, it was also a bridge to adulthood. It gave me a sense of community that lasts to this day. I also met my wife in college. It’s more than just a degree.”

A certified public accountant, Steve worked in public accounting at Arthur Andersen and Ernst & Young. That experience gave him exposure to a diverse number of clients and industries.

“I enjoyed learning about each client’s business and how that business was reflected in the financial statements that I was exposed to,” he says. “I also took pleasure in getting to know our clients’ personnel and their roles; I had an insider’s view of many companies’ cultures, and I could see how it impacted their success.”

He joined Sallie Mae in 2003, where he held roles in internal audit and credit risk management.

From 2014 to 2017, Steve served as Navient’s chief audit officer, an independent role that reported directly to the board of directors’ audit committee.

Today, as the company’s chief risk and compliance officer, Steve ensures Navient has an appropriate risk management strategy in place, while overseeing credit risk and compliance.

“I’m excited about the future of Navient,” he says. “We will continue to do things well and help our customers achieve success.”

When he’s not working, Steve spends time with his wife and two daughters. He also likes to run, read, watch sports, and coach his daughter’s basketball team.