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FINANCIAL AID COMPLIANCE OFFICER

The University of Texas Rio Grande Valley

Job Description

Full job description

 

Number of Vacancies
1

Location

 
Department
Financial Aid

FTE
1.0

FLSA
Exempt

Scope of Job
To serve as the primary resource on federal, state and institutional regulations for the Financial Aid Office. Responsible for ensuring regulatory compliance with federal, state and institutional student aid programs while providing optimal support to financial aid applicants.

Description of Duties
  • Provides advisory services to Financial Aid Office Leadership team and employees to ensure compliance with regulatory agencies and institutional policies and procedures.
  • Contributes to the development and continuous improvement of financial aid policies and procedures to streamline processes and enhance student satisfaction while keeping the Financial Aid leadership team informed.
  • Keeps abreast of current regulation and understanding of all state, federal and institutional requirements. Reviews and interprets federal and state laws impacting the institution and implements necessary changes as needed.
  • Assesses current practices, controls, and policies to ensure alignment with federal, state and institutional guidelines.
  • Ensures student information system is in compliance and set up to properly administer financial aid functions according to regulatory requirements.
  • Develops, implements, and maintains an effective compliance program to detect, prevent, and resolve issues that fail to meet federal and state financial aid regulations.
  • Audits student files for accuracy and compliance with federal, state and institutional regulations and requirements.
  • Identifies areas of non-compliance and develops appropriate corrective actions to manage and mitigate risk, and improve compliance practices.
  • Serves as the primary contact for federal, state and internal audits and collects and prepares student record data for audit testing and drafts responses to auditors.
  • Collects information, analyses data and completes annual reporting in compliance with federal, state and institutional requirements.
  • Develops, maintains and implements financial aid policies and procedures and keeps consumer information accurate and up to date.
  • Prepare and submit complex reports related to financial aid programs and required documentation for regulatory agencies. Conducts training to Financial Aid and disseminates essential information to stakeholders and university departments as needed.
  • Takes the lead of special projects as needed.
  • Performs other duties as assigned.

Supervision Received
General supervision from assigned supervisor.

Supervision Given
Direct supervision of assigned staff.

Required Education
Bachelors degree from an accredited university.

Preferred Education
Masters degree from an accredited university.

Licenses/Certifications
None.

Required Experience
Two (2) years of work experience in financial aid administration and/or financial aid compliance.

Preferred Experience
Working experience obtained in a financial aid office in a higher education setting. Experience responding to regulatory issues, and the development and/or interpretation of policies, rules or regulations. Experience identifying and analyzing compliance issues, and experience working with Banner student information system.

Equipment
Use of standard office equipment. Proficiency in MS Microsoft Office products and ability to learn other software programs used in the assigned area.

Working Conditions
Needs to be able to successfully perform all required duties. Work is performed primarily in a general office environment. Some travel and weekend work is required. UTRGV is a distributed institution, which may require presence at multiple locations throughout the Rio Grande Valley.

Other
Exceptional planning and organizational skills. Must have strong interpersonal and communications skills as well as excellent organizational skills and be detail oriented. Ability to multi-task, demonstrate computational ability and respond effectively in a variety of situations and work effectively in team situations. Ability to maintain confidentiality of records and information. Ability to interpret, adapt, and apply guidelines and procedures.

Physical Capabilities
N/A

Employment Category
Full-Time

Minimum Salary
Commensurate with Experience

Posted Salary
Commensurate with Experience

Position Available Date
04/21/2025

Grant Funded Position
No

If Yes, Provide Grant Expiration Date
 
Posting Detail Information

 

EEO Statement
It is the policy of The University of Texas Rio Grande Valley to promote and ensure equal employment opportunities for all individuals without regard to race, color, national origin, sex, age, religion, disability, sexual orientation, gender identity or expression, genetic information or protected veteran status. In accordance with the requirements of Title VII of the Civil Rights Act of 1964, the Title IX of the Education Amendments of 1972, Section 504 of the Rehabilitation Act of 1973, and the Americans with Disabilities Act of 1990, as amended, our University is committed to comply with all government requirements and ensures non-discrimination in its education programs and activities, including employment. We encourage women, minorities and differently abled persons to apply for employment positions of interest.

Special Instructions to Applicants
Dear Applicant, Human Resources will not be held responsible for redacting any confidential information from the documents you attach with your application. The confidential information includes the following: *Date of Birth *Social Security Number *Gender *Ethnicity/Race Please make sure that you omit this information prior to submission. We are advising that Human Resources will be forwarding your application to the department as per your submission. If you have any questions, please do not hesitate to contact us at (956)665-8880 and/or careers@utrgv.edu.

Additional Information
UTRGV is a distributed location institution and working location is subject to change based on need.

All UTRGV employees are required to have a criminal background check (CBC). Incomplete applications will not be considered.

Substitutions to the above requirements must have prior approval from the VP of HR & Talent Development .

 

 

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