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Assistant Director, Financial Aid Compliance & Processing

Company: Loyola Marymount University
Location: Los Angeles
Posted on: November 26, 2022

Job Description:

Under general supervision this position will contribute to the overall management of the Financial Aid office. Ensure compliance with State & Federal laws, regulations and mandates. Provide oversight to ensure accuracy and timeliness of day-to day processing.

Position Specific Responsibilities/Accountabilities

Compliance, Training and Quality Assurance

1. Plan and develop internal program audits that evaluate the accuracy of information and internal controls, the degree of internal and external risk, the potential exposure and the degree of compliance with all applicable internal and external guidelines, policies, and regulations.

2. Develop and provide training to financial aid staff.

3. Manage and maintain consumer information in accordance with federal and state guidelines.

4. Keep current on federal and state financial aid laws, regulations, and legislation.

Program Management and Processing

5. Oversee athletic awards in accordance with NCAA financial aid compliance requirements.

6. Award veteran's benefits with other financial aid programs and serve as financial aid liaison with Veteran's Programs Office.

7. Manage in daily processing activities, e.g. data entry, federal verification, disbursement exceptions, repackaging and troubleshooting auto-packaging exceptions. Assist as needed.

8. Prepares reports on processing activities.

9. As member of financial aid appeals committee, perform appeal review for professional judgment. Provide additional support as needed to loan and counseling.

10. Assist in establishing long-term goals and objectives for the department.

11. Perform other duties as assigned or requested.

12. Represent LMU within Financial Aid community and at professional organizations or associations, serve on committees as required.

Loyola Marymount University Expectations

Exhibit behavior that supports the mission, vision, and values of the university. Communicate and employ interpersonal actions that model high standards of professional, responsible, accountable, and ethical conduct. Demonstrate a commitment to outstanding customer service.

NCAA, Conference, and University Rules Compliance

i. Conduct all aspects of program in accordance with the rules and policies established by Loyola Marymount University, the Athletics Department, all Sports Conference Affiliations, and the National Collegiate Athletic Association (NCAA).

ii. Complete all rules compliance information as required.

iii. Participate in an annual evaluation of adherence to rules compliance (LMU, Athletic Department, Sports Conference Affiliations, NCAA) with immediate supervisor.

iv. Conduct evaluation of adherence to rules compliance (LMU, Athletic Department, Sports Conference Affiliations, NCAA) with all assigned personnel on an annual basis.

Requisite Qualifications

* Typically a Bachelor's Degree or equivalent experience. Master's degree preferred. Incumbent will be expected to continue upgrading knowledge, skills, and abilities needed to keep abreast of regulation/policy changes.

* Minimum 3 years' experience in progressively responsible positions in higher education.

* Demonstrated knowledge in the areas of: technical documentation, MS Office Suite (Excel, Access, Word, PowerPoint, Outlook).

* Exemplary communication skills (both written and oral) evidenced by background in preparing comprehensive reports and executive summaries incorporating complex, highly technical information.

* Highly developed organizational skills.

* Demonstrated computer competency and preferably knowledgeable of Banner Financial Aid systems including workflow and self-service.


To ensure the safety and well-being of our community Loyola Marymount University requires that all students, faculty and staff are vaccinated or have been approved for a qualifying medical or religious exemption.


Staff Regular

Keywords: Loyola Marymount University, Los Angeles , Assistant Director, Financial Aid Compliance & Processing, Executive , Los Angeles, California

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