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Financial Aid Compliance Officer (FT), MFRE13586SFA

Employer
College of DuPage
Location
Glen Ellyn
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Job Details



Financial Aid Compliance Officer (FT), MFRE13586SFA

Financial Aid Compliance Officer (FT), MFRE13586SFA
The College of DuPage is a comprehensive community college located 27 miles west of downtown Chicago, vitally connected to our local area for over 50 years. We prepare students for a lifelong passion for learning on our 273-acre campus which is home to nine associate degrees and a wide variety of professional and technical certificates. Many of these credentials prepare students to seamlessly articulate into the baccalaureate programs of our higher education partner institutions.

College of DuPage is committed to student success and values an inclusive and welcoming community environment. We are an equal opportunity employer committed to diversity in the workforce. Our connection to the larger metropolitan area is essential to our success and provides a wealth of diverse cultural and recreational opportunities.

Primary Duties and Responsibilities:
Leading with a student-centered focus, this role coordinates and completes financial aid data analysis activities, assessments, and reporting requirements for quality assurance and compliance with financial aid regulations governed by the U.S. Department of Education. Collaborates with the leadership team in the Office of Student Financial Assistance to ensure all federal, state, and institutional policies and procedures are accurate and current. Serves as a lead researcher for suspected cases of financial aid fraud and ensures institutional policies & procedures regarding financial aid fraud are in compliance with federal and state guidelines & regulations.

  • Reviews regulations associated with federal and state aid to determine potential and/or required changes to current administrative processes. Maintains the policy and procedures manual for the department and ensures implementations or changes are appropriately monitored each academic year.
  • Partners with the Assistant Director of Student Financial Assistance & the Associate Director of Student Financial Assistance & Scholarships with drafting and implementing the federal, state, and institutional compliance polices within the Student Financial Aid Office.
  • Analyzes college guidelines and practices provided by individual departments to mitigate the risk of financial aid fraud; Assures new or proposed changes to such guidelines or practices do not have a negative impact on the college's ability to administer and process federal and state aid programs.
  • Manages the Financial Aid fraud prevention activities and convenes the fraud task force; Assumes ownership and responsibility for communications, data tracking and SharePoint site management for the Task Force.
  • Leads investigator for students suspected of financial aid fraud; Independently works to resolve problems that require in depth investigation and/or research.
  • Responsible for reporting cases of financial aid fraud and serves as a primary point of contact to the Office of Inspector General.
  • Audits student eligibility for federal and state aid programs including information provided on federal and state aid applications, academic progress and standing, and adherence to institutional standards and policies and regular performs federal student aid assessments.
  • Serves as a member of the Student Financial Assistance Leadership Team and Student Affairs Council meetings.
  • Trains SFA team on policies and procedures and presents on a regular basis at the department or divisional level on new policies and regulatory changes.
  • Performs other duties as assigned.


    • Qualifications:

    • Education
      • Bachelor's degree in accounting, finance, business administration, Higher Education Administration or a related field required.
    • Experience
      • Minimum of five (5) years of progressively responsible experience in a Financial Aid Department required.
      • Demonstrated experience effectively making decisions that have major implications on the management and operations within a department required.
      • Demonstrated experience in a role requiring diverse problem-solving methods in a variety of situations required.
      • Comprehensive knowledge of U.S. Department of Education financial aid theories, concepts and practices with the ability to use in complex, difficult and/or unprecedented situations as it pertains to the departmental focus required.
      • Excellent organizational and prioritization skills with demonstrated attention to detail, time-management skills required.
      • Ability to be creative and exercise initiative. Ability to adjust to changing priorities and respond appropriately to deadlines.
      • Possess excellent written, verbal and interpersonal communication skills.
      • Ability to promote collaboration, teamwork, and involve all stakeholders in decision-making processes.
      • Demonstrated basic Project Management skills required.
      • Intermediate-level proficiency with Microsoft: Outlook, Word, Excel, and PowerPoint required.
      • Ability to confidentially and discreetly handle subject matters requiring privacy and sensitivity.
      • Ability to develop and maintain relationships with key contacts to enhance work flow and quality.


    Working Conditions:

  • PC, printer, FAX machine, calculator, photo copier, laser printer, scanner.
  • This position requires background check and drug screening at the College's expense.
  • Must not be in default on federal student loans to have authorization to access Federal Student Aid databases (NSLDS, COD, FAAaccess).


    • Hybrid Remote Eligible:

    Hiring Range:
    Managerial 6 Salary/66,000.00 - 71,000.00

    Competitive starting pay is dependent on education and experience. College of DuPage also offers a generous benefits plan which includes paid time off, tuition discounts for employees and dependents, medical, dental, vision effective the first day of employment, and retirement benefits in a collaborative and friendly environment.

    College of DuPage is an equal opportunity employer. We are committed to diversity and creating an inclusive environment for all employees.

    College of DuPage does not discriminate against individuals in employment opportunities, programs and/or activities on the basis of race, color, religion, gender, sexual orientation, age, national origin, ancestry, veterans' status, marital status, disability, military status, unfavorable discharge from military service, or on any other basis protected by law.


    To apply, visit https://cod.csod.com/ux/ats/careersite/4/home/requisition/2059?c=cod







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    Organization

    Since its inception in 1967, College of DuPage has matured into something very special. It's a community college with far-reaching impact. We're firmly rooted in the community that provides our mandate, yet committed to reflecting the needs and demands of an ever-changing world. 

    From our faculty through to our Board of Trustees, we understand the importance of remaining relevant on multiple levels: interpersonal, academic, civic, cultural and economic. With a steady eye on regional, national and international developments, College of DuPage fulfills its mission as an educational and economic agent of change for the residents it serves.

    Beyond all other considerations, though, we are educators, devoted to the idea that knowledge is transformative. We believe there are few things more powerful than a mind engaged. We are excited by the possibilities ignited when knowledge is imparted through meaningful discourse, in the service of realizing each and every one of our community member's full potential.

    We invite you to find out more about the world-class institution available to you and your family, right here at home. 

    • Among the state's public colleges and universities, College of DuPage, with more than 28,000 students, is the second largest provider of undergraduate education in the State of Illinois, after University of Illinois at Urbana-Champaign.
    • More than 25 percent of all District 502 high school graduates attend College of DuPage during their college career.
    • Each semester, around 28,000 students attend College of DuPage.
    • The Glen Ellyn campus covers 273 acres and has eleven major buildings. The Glen Ellyn campus is currently undergoing renovation and expansion through the Facilities Master Plan, which has an anticipated completion date of 2014.
    • College of DuPage has moved from a traditional model of accreditation to the Academic Quality Improvement Program (AQIP), a quality-based, continuous improvement model of accreditation through The Higher Learning Commission (HLC), a Commission of the North Central Association of Colleges and Schools (NCA). This model is based on the Malcolm Baldrige National Quality Award Program and incorporates a review process designed to deliver clear, concrete and efficient feedback to participating institutions.
    • College of DuPage offers more than 90 certificates programs and degrees for today’s occupational and technical careers, and nine associate’s degrees in 59 occupational and 45 transfer pre-baccalaureate programs.  
    • Roughly 20 percent of students attending COD already possess a bachelor's degree or higher.
    • The College of DuPage Library maintains a collection of 245,800 books, 285,000 microfiche, 29,500 video recordings (VHS and DVD), 20,700 sound recordings (CDs), 527 current periodical subscriptions (7,900 bound periodical back files), and 18 newspapers.
    • There are more than 50 student clubs and organizations on campus.
    • College of DuPage is accredited by The Higher Learning Commission (Member, North Central Association) and Academic Quality Improvement Program Participant.
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