Financial Aid Operations Specialist
The Financial
Aid Operations Specialist is responsible
for managing, maintaining, training on, and updating Banner
Financial Aid systems, including all patches and testing, and for developing
and automating operational policies and procedures in accordance
with US Department of Education requirements. Additionally, this
position plays a critical role in all Enrollment and Financial Aid
audits, serving as a partner in retrieving files, reviewing records, and
ensuring accuracy prior to submission. Working closely with Admissions,
Registrar, Bursar, and Clinical Education Operations, the Financial
Aid Operations Specialist ensures financial aid processes, systems,
and reporting is integrated to support a positive student experience.
Essential Functions
- Reviews
and Processes Leave of Absence (LOA) and Withdrawal requests
in alignment with federal and institutional requirements.
- Review
and support c-flag compliance.
- Reviews banner letter
reporting and compliance reporting to ensure compliance standards are met
and followed.
- Reviews
high-level compliance reporting and provides updates to the
Operations team.
- Updates
policy manual and workflow procedures to maintain compliance
with federal aid requirements.
- Identify potential
areas of compliance vulnerability and
risk, develops/implements corrective actions plans to
manage and mitigate risk and improve compliance practices.
- Identify training
requirements and changes and implement necessary updates to training
materials and communications for students and staff.
- Develop, modify,
and provide oversight of the office policies and procedures that are
following current US federal guidelines/regulations.
- Support
new institutional initiatives while maximizing operational efficiency,
maintaining compliance with US federal and
state regulations and prioritizing service excellence.
- Work
cooperatively with other departmental partners.
- Solve
complex issues and work both collaboratively and independently in a
fast-paced, high stress environment.
- Support
all activities relating to both internal and external audits.
- Participates
in reporting duties; assists in gathering, compiling,
auditing, maintaining, and analyzing data for the maintenance and
preparation of records and reports; identifies required data
elements to create database queries; creates selection sets.
Other Duties
- Provide
coverage for financial aid operations as needed to ensure uninterrupted
service to students, staff, accrediting bodies.
- Perform
other duties and special projects assigned by leadership.
This description is not intended to be all-inclusive.
This position may perform other related duties as required to meet the ongoing
needs of the department/institution.
Essential Knowledge, Skills & Abilities
- Well-developed
analytical, cognitive, and computer skills.
- Highly
skilled in excel; macros, complex formula,
development. (advance level required)
- Advanced
written and oral communication skills and the demonstrated competence to
effectively present information in either format.
- Strong
analytical, technical, and problem-solving skills with a focus on
compliance and automation.
- Proven
technical skills with specific focus on Banner financial systems
to ensure data integrity, compliance, and adequate internal
controls.
- Strong
interpersonal skills and the ability to work with employees at all levels
of the University.
- A
high degree of personal motivation, independent judgment, and
persuasiveness.
- A
commitment to continuous improvement and a continued working knowledge of
current issues and trends.
- Demonstrated
professionalism, integrity, and openness.
- Apply
forward and creative thinking with high ethical standards to develop
strategic vision.
- Excellent
organizational, time management, collaboration, attention to
detail and active listening skills.
- Strong
interpersonal skills; proven ability to collaborate across multiple departments.
- Possess
sound judgment and be sensitive to issues of policy and
process.
- Work
independently and collaboratively
- Use
tact, diplomacy and discretion when handling sensitive and/or confidential
matters or materials.
Qualifications
- Bachelor’s
degree required, Master’s preferred
- Minimum
of five years of progressive experience in Financial Aid or process
improvement.
- Advanced
Microsoft Excel skills required.
- Advanced
knowledge of US Title IV financial aid regulations and
programs preferred.
Work Environment & Physical Demands
- Professional office setting; frequent use of computers and office equipment
- Ability to concentrate in a high-volume, fast-paced environment
Hours & Travel
- Standard work week
- Flexibility for evening and weekends during peak periods
- Occasional travel may be required
The anticipated salary range for the Financial Aid Operations Specialist is $68,000
- $80,000 per year. The final salary offered may vary and will be determined based on factors such as job-related knowledge, skills, experience, location, and education of the successful candidate. This information is provided per NYS local law.
We Are
· Student Centric: We approach every task with a focus on supporting our students to achieve their lifelong learning goals in a safe, vibrant and welcoming environment.
· A Global Community: We are one team with an international outlook welcoming the strength in our diversity and the value each of us brings to what we do.
· Accountable: We take responsibility for our actions by being responsive, resourceful and respectful in delivering on our commitments with integrity and the highest ethical standards.
· Collaborative: We support and empower one another through open communications, cooperation, sharing knowledge and taking time to always listen and show we care.
· Committed to Excellence: We take pride in our ongoing pursuit for continuous improvement through creativity, rigor and best practices to produce meaningful outcomes.
About University Support Services, LLC
University Support Services LLC (USS) is an affiliate of St. George's University (SGU), a leading provider of international medical education. SGU students and faculty come from 151 countries to the island of Grenada, located in the West Indies. Our purpose is to support SGU to deliver best in class education for all SGU students. We put a special focus on the growing global need for diverse high-quality medical and healthcare professionals. USS is pivotal in positioning SGU as a premiere medical degree institute through its student-facing as well as functional support teams.
USS is an equal opportunity employer. As such, it is company policy to fill positions with qualified candidates regardless of race, color, sex (including sexual orientation and gender presentation), age, religion, ancestry, national origin, citizenship status, pregnancy, marital status, medical condition, genetic information, disability, status in the Uniformed Services of the United States (including veteran status) or status as a victim of domestic violence, except where there is a bona fide occupational qualification. This policy protects applicants and employees from discrimination in the hiring process.