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Financial Aid Disbursement Analyst job in Columbia

Vacancy has expired

Laureate Education jobs
Maryland (MD), Columbia
Company Type:  Certified B Corporation
Industry:  Other/Not Classified
Employment:  Full-time
Impact Area:  Education & Training
Company Name:  Laureate Education

Location
Country:  United States
State / Province:  Maryland (MD)
City:  Columbia
Map: 

Description

General Summary
Reporting to the Financial Aid Manager (Systems & Operations Team), the Financial Aid Disbursement Analyst is responsible for timely and accurate disbursement projections, disbursement transactions, and disbursement reconciliations for federal grants and loans, institutional grants/scholarships, and private loans that are processed in the Financial Aid Office.
Essential Duties and Responsibilities

  • Plan and maintain origination and disbursement schedule to meet all processing deadlines for federal loan and grant funds, private loans, and institutional funds

  • Produce disbursement projections for leadership

  • Coordinate with the Bursar’s Office on all disbursement transactions and G5 funding requests

  • Manage the federal fund reconciliation process through weekly, monthly, and annual closeout

  • Maintain disbursement and reconciliation documentation and assist with audits

  • Develop reports as needed

  • Communicate with students individually via phone or email and coordinate with other staff on disbursement related communications

  • Develop training materials and train staff on origination, disbursement, reconciliation, as needed

  • Other duties as assigned


Other Duties and Responsibilities


  • This position may perform other duties and responsibilities that management may deem necessary from time to time.

  • Early mornings, evenings, and weekends periodically required


Management/Supervisory Responsibilities - none

Position in Organization – Reports to Financial Aid Manager (Systems & Operations Team)
Education and/or Experience

  • Bachelor’s degree or at least five years of experience working in a progressive financial aid office

  • Excellent organizational, interpersonal, and computer skills

  • Must be proficient in Excel

  • Must be able to handle multiple tasks and priorities in a fast paced environment

  • Experience with processing federal funds through COD and working knowledge of NSLDS preferred; strong background in the federal fund reconciliation process a plus

  • Knowledge of PowerFaids, Banner, or Access a plus

  • Strong federal compliance orientation and experience in a regulatory environment

  • Ability to perform analysis and troubles shoot

  • Ability to partner across functions with other departments to successfully plan and resolve issues

  • Superior attention to detail


Business Competencies



  • Analytical skills: Curiosity, resourceful, self-starter, willingness to make an impact, strong passion for working with numbers, strong quantitative background

  • Teamwork skills: Must enjoying working in cross-functional teams and thrive in a collaborative environment

  • Communication skills: Strong written and verbal communication skills


  • Compliance, Professionalism, and Confidentiality: Respects and maintains confidentiality, complies federal, state, and institutional financial aid regulations

  • Drive for results: Seeks ways to improve results to positively impact student experience and retention and to improve operational efficiency

  • Client Facing: Must enjoy communicating with students via telephone and email; understanding that performance and student interactions impact student retention and success.


ref: (SB_5520)
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