Financial Aid Compliance Analyst - Dearborn, United States - Wayne State
Description
Financial Aid Compliance AnalystWayne State University is searching for an experienced Financial Aid Compliance Analyst at its Detroit campus location.
Wayne State is a premier, public, urban research university located in the heart of Detroit, Michigan where students from all backgrounds are offered a rich, high-quality education.
Our deep-rooted commitment to excellence, collaboration, integrity, diversity, and inclusion creates exceptional educational opportunities which prepare students for success in a global society.
Essential functions (job duties):
Oversees and performs varied and complex federal and state financial aid compliance activities in support of the Office of Student Financial Aid to ensure University compliance responsibilities are met.
Electronic federal financial aid processes
Other federal and state compliance processes
Institutional, endowed/annual, and external scholarship processes
NCAA regulations
Board of Governors policy
ESSENTIAL FUNCTIONS
Run necessary system configuration, term-related processes, and daily federal financial aid extract and import processes to ensure accurate disbursements and proper implementation of various financial aid programs.
Periodically run reports that will proactively ensure compliance with federal regulations and identify issues that are a potential risk to reconciliation of federal funds.
Test systems processes, including workflows, Approx.
Chains, Banner processes, including all aspects of the Banner system that touch on student financial aid eligibility, financial aid disclosures, and reconciliation to ensure the university remains in compliance with required data used in the awarding, disbursement, and reconciliation of financial aid.
Recommend updates to processes to ensure compliance with Title IV regulations.... (remaining content omitted for brevity)
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