Management Analyst 1 - Loan Specialist SA25043

All Job Postings will close at 12:01 a.m. CT on the specified Closing Date (if designated).

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Salary Range

$23.63 $34.18 / hourly; $49339 $71367 / annually

Job Description

The purpose of the Loan Specialist position is to administer all federal state and private loans. The individual in this position will serve as the lead worker for all facets of loan programs including student eligibility origination disbursement loan reductions and cancellations totaling over $70 million dollars per year. This position will administer all Return to Title IV (R2T4 loan adjustments and returns to ensure federal and state compliance. This individual regularly researches loan issues or reconciliation concerns by collecting data from outside agencies and consulting with students and parents over questions and concerns. This position regularly facilitates data exchange with federal and private loan processors utilizing multiple databases and software programs. The individual in this position is responsible for creating and implementing departmental procedures to ensure that the Federal and State regulations are followed to meet student institutional and governmental requirements.

Minimum Qualifications

• Associates degree and a minimum of two(2)years of fulltime work experience in student financial aid or related technical highly audited and regulated environment OR the equivalent of two 2 years of combined education and fulltime work experience. Doctorate degree may substitute for two years of experience; Masters degree may substitute for 18 months of experience; Bachelors degree may substitute for one year of experience; Associates degree may substitute for six months of experience.

• Ability to demonstrate strong customer service and interpersonal communication skills needed to interact with courtesyrespectand professionalism with individuals of varying educational levels and diverse backgrounds to provide positive experience working with the Financial Aid and Scholarships office.

• Effective written and verbal communication skills sufficient to participate in discussions create policy and procedure documents and communicate technical information to both technical and non technical personnel.

• Work experience that demonstrated strong attention to detail sufficient to analyze applications data and numbers to avoid errors and ensure accuracy in ones own work and in the work of others.

Preferred Qualification

• Demonstrated commitment to fostering a diverse working and learning environment.

• Bachelors degree

• Two 2 to three 3 years of experience in student financial aid or related technical highly audited and regulated environment.

• Experience working with Integrated Student Records System (ISRS) Document Imaging Systems and/or workflowsthe Department of Educations NSLDS and COD systemsand ScholarNet.

• Experience analyzing data and using results to inform/create policies and procedures for administration of aid programs.

• Knowledge of financial aid programs and administration sufficient to interpret understand and explain complex State and Federal regulations governing financial aid programs to students staff and other stakeholders.

• Ability to fully utilize multiple complex and varied technology systems with little or no supervision.

Work Shift (Hours / Days of work)

Monday Friday; 7:30 am 4:00 pm

Telework (Yes/No)

Yes up to 20. Based on the essential functions of this positions MMB Policy #1422 and University policies relating to flexible work this position is eligible for the following work modes: Telework: A position with a work arrangement that allows an employee to perform work on a regular basis at a telework location that is not the employees permanent/principal work location.

About

More than 1600 talented faculty staff and 1600 student employees with a wide variety of skills and backgrounds support university operations every day. Our faculty and staff enjoy excellent benefits a team environment and challenging careers. As an affirmative action/equal opportunity institution we are committed to supporting the continued growth of our diverse community.

Destination 2030 the Universitys strategic plan announced by President Edward Inch in August 2023 commits the University to making transformative strides in four main areas: being a lifelong provider of access to an equitable and affordable education; being a leader in transformational learning generating inspired action; being a nimble and innovative steward of resources; and being a community of care built upon diversity inclusion and belonging.

Benefits Information:

At Minnesota State we have a GREAT BENEFITS PACKAGE! Our generous benefits include 11 paid Holidays Vacation Time Sick Time six weeks of Paid Parental Leave low cost medical and dental insurance with low deductibles $250 $1500 a Pension Plan 457(b) and 403(b) retirement plans and other retirement investment options pretax medical and dental expense (with rollover option) and dependent care accounts employer paid life insurance short and long term disability as well as professional development and a tuition waiver program for employees and their dependents etc. We promote the health and wellbeing of our employees and take work/life balance seriously.

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