Financial Aid Compliance Officer

Financial Aid Compliance Officer Description • Monitor and interpret federal regulations that affect Title IV programs and any impacts on University policies and practices.
• Regularly audit financial aid office processes, including but not limited to award determination/packaging, budgeting/COA, professional judgement, verification, SAP, R2T4, disbursement, and enrollment reporting • Assess current aid practices and provide reports and recommendations to leadership for adjustments to policy and process that improve consistency, mitigate risk, and prioritize compliance with federal and state aid regulations • Provide leadership, guidance, and coordination for Gainful Employment (GE) reporting • Identify areas of inconsistency and provide recommendations for improvement • Regularly review all aid-related websites university-wide for compliance with Title IV and send necessary updates to office web liaisons • Review and consistently update consumer information disclosures in collaboration with Academic Affairs • Administer the SAVE process and the Unusual Enrollment History (UEH) processes, as needed • Provide leadership for with the preparation of information and documents for Single Audit and Program Reviews at the federal and state level • Conduct training for financial aid staff on compliance related issues and provide support for questions from the financial aid office staff team • Support federal login and access for staff as the secondary DPA • Coordinate oversight of access to aid information within the University and ensure compliance with FERPA, IRS, HEA, and other agency rules as applicable • Provide leadership for the ongoing updating of the Policy and Procedures manual • Provide supervision for R2T4 and verification staff • Respond to claims of federal aid fraud or identity theft, as needed.
• Chair the Financial Aid Appeals committee, which includes the review and evaluation of SAP appeals and Professional Judgement requests • Other duties as assigned Location: Webster Groves Campus-WEBG Minimum Qualifications • Requires Bachelor's degree • Minimum of 5 Years of experience in a financial aid or Title IV compliance role Preferred Qualifications Experience with PowerFAIDS Financial Aid Management system Experience with R2T4, verification, and/federal loan processing NASFAA Financial Aid Administrator Certification (FAAC) Previous experience with the development of policies and procedures Prior experience assisting with compiling audit materials Department Financial Aid Office-FAID Special Instructions For Applicant Please submit a resume and cover letter that address how your qualifications meet or exceed the minimum and/or preferred qualifications listed, as well as your previous education or experience aligns with the duties specified for this position.
Physical Demands Ability read, write, and type in English with a high level of proficiency Ability to use a computer and other office equipment, with or without accommodation Ability to conduct office duties that normally require the need to view or process information on a computer screen each day To apply, visit https://recruiting.
adp.
com/srccar/public/RTI.
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