Senior Assistant Director of Loans
Essential Duties and Responsibilities:
- Provide leadership, supervision, and performance management for three direct reports responsible for administering federal, private, and institutional loan programs.
- Oversee and ensure compliance with federal, state, and institutional regulations and policies governing student loan programs.
- Monitor and coordinate the completion of monthly reconciliations for federal and private loan programs; identify and resolve discrepancies to maintain accuracy and compliance.
- Ensure timely origination, disbursement, and delivery of all loan funds in accordance with regulatory requirements.
- Conduct periodic internal audits and quality reviews to assess compliance, accuracy, and operational efficiency within loan processing.
- Develop, implement, and deliver ongoing training and professional development opportunities for staff to maintain current knowledge of policies, regulations, and best practices.
- Serve as a primary resource for loan-related questions, providing clear and consistent communication to students, families, university stakeholders, and external partners.
- Collaborate with compliance, operations, and financial services units to ensure seamless integration of loan processes with overall financial aid operations.
- Support outreach and educational efforts to promote understanding of loan policies, repayment options, and financial literacy across the university community.
- Maintain audit-ready documentation and contribute to preparation for state, federal, and institutional audits or program reviews.
- Assist with strategic planning, policy development, and implementation of process improvements to enhance service delivery and operational effectiveness.
Minimum Experience / Education:
- Bachelor's degree and three years of progressively responsible work experience in financial aid, including the use of automated financial aid systems, or an equivalent combination of education and experience.
- Working knowledge of federal and state regulations governing financial aid.
- Strong administrative background, including a minimum of 1 year of supervisory experience.
- Excellent written, interpersonal communication, organizational and analytical skills.
- Proven customer service skills and enthusiasm for providing exceptional service to all.
- Proficiency in Microsoft Office (Word, Excel, PowerPoint, Access) and other relevant computer-based programs.
Preferred Education Skills and Experience:
- Master's degree preferred; two plus years of experience.
- Considerable knowledge of automated systems, both mainframe and PC based. Ellucian Banner and ELM Resources experience is highly preferred.
- Demonstrate experience with financial aid loan reconciliation processes, including monthly and year-end reconciliations between institutional records, external loan servicers and the Dept. of Education records with a thorough knowledge of rules and regulations governing federal student loan programs and cash management policies.
- Ability to exercise sound judgment and discretion in applying and interpreting policies, procedures and regulations.
- Ability to work in an ever-changing environment and effectively manage multiple projects simultaneously with ability to adapt to demanding circumstances while fostering and maintaining a high level of customer service and total quality management.
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