Compliance Analyst

Job Posting:

JR100423 Compliance Analyst (Open)

Department:

UBalt Office of the Bursar PM

Position Type:

Regular

Open Date:

Close Date:

$60000$70000

Job Description:

Serving in the Office of the Bursar this professional position provides auditing analysis and compliance work relative to student accounts and the student finance systems. The position serves as the compliance analyst responsible for the review and improvement of Federal State Board of Regents and UBalt policies and associated business processes. The position develops best practices and performs due diligence reconciliations and quality assurance analysis on student accounts and associated technologies. This position is responsible for the formal documenting continuous monitoring training and process improvement for key administrative tasks performed by the unit staff with a goal of improving the student experience and mitigate operational and audit exceptions and findings. This position performs qualitative and quantitative analysis using data from systems to improve business processes and in support of data driven decisions. Serves as the operations backup to the Assistant Bursar.

Responsibilities:

Analyst functions

Current Student Finance system and tools to include the current Enterprise Resource Planning tool Oracle PeopleSoft the State of Maryland General Accounting Division R*stars system CashNet tools (administration ebill erefund epayment emarket and payment plans) ImageNow and KeyPad cashiering. Perform data analysis for leadership to support data driven decisions and develop metrics for reporting.Mine the data output from the student finance systems to develop strong forecasting for:

• Student Account Receivables (AR) for financial clearance and defaulted payment plan. Perform ongoing forecasts by student segment and recommend communications/outreach activities to reduce the receivables and increase student enrollments.
• Delinquent Student AR preCCU due diligence and submissions.
• Student refunds via direct deposit and check requests.
• Monthly Bookstore credits new student seat deposits (freshman and law) and graduation fee payments.
• Develop and maintain annual communication plan and templates for outbound automated communications.
• Provide continuous enhancements to unit web pages.

Follow up effort for the above is performed by the transactional owner within the Office of the Bursar.

Compliance subject matter expert

• Responsible subject matter expert on Federal State Board of Regents and UBalt policies procedures and business processes. This includes legislation under consideration and policy changes. Evaluates financial impact of proposed legislation
• Monitors and reviews compliance and/or regulatory changes and suggests system modifications and business process improvements.
• Ensures unit business processes are current with FERPA Red Flags PCI GBLA and GDPR rules and regulations.
• Recommends process changes and report findings to Bursar.
• Tests for compliance through reconciliation and analysis.
• Identify compliance training needs either via the UBalt tool or develop needed training for impacted team members and/or colleagues.

Application Administration System Documentation Training and Development:

• Administer unit systems in support of effective reliable and sustainable operations. Serve as the super user for the Student Finance tool and backup business owner. Designs develops and implements specific initiatives to improvesecurity andfeatures withinthe systems towards overall effectiveness and efficiency.
• Perform routineapplication administration taskson these systemsfollowing The University of Baltimore standards and proceduresfor functionality. Support systemsincluding user account maintenance security and the creation and maintenance of fields views reports dashboards campaigns workflows and other objects and functions.Develop the Office of the Bursar team to enable them to research system errors. Provides tier 2 support for escalated system tickets. Oversee testing in support of successful error free implementations.
• Monitor online forums and email lists for changes and advancements in thesystems and advocate withsystem andbusiness ownersfor their implementation and adoption.Apply vendor and industry standard best practices. Research addon application packages and develops support analysis for acquisition of applicable programs.
• Serve as an operational backup to the Assistant Bursar and Bursar in their absence. Examples of operational tasks are manual postings import external files generating data queries cashiering manager approvals and Maryland General Accounting Division submissions for student refunds.
• Updates and maintains testing plans and end user documentation.

Minimum Qualifications:

• Education: Bachelors degree in accounting business finance or a related field/discipline.
• Experience: 3 years experience in Accounts Receivable Accounting Customer Services Student Services and/or related experience. Experience handling student or customer payment accounts and/or collections with a professional customer focus. A general working knowledge of an ERP system or environment and intermediate skill level using Microsoft Excel.

Preferred Qualifications:

• Education: Masters Degree or Businessrelated certificate
• Experience: Experience with the Oracle PeopleSoft Campus Solutions student finance module in a public 4year higher education institution. Experience documenting business and reconciliation processes.

Required Knowledge Skills and Abilities:

• A strong working knowledge of the policies and procedures pertaining to student account receivables in a public university including an understanding of accounting and auditing principles related to accounts receivable cash handling and revenue.
• Knowledge of federal state institutional and Board of Regents polices and regulations as it pertains to compliance due diligence and auditing of delinquent accounts.
• A clear competency of Payment Card Industry data security standards the Family Education Rights and Privacy Act (FERPA) related to confidentiality of student documents and FTC red flag rules to prevent identify theft.
• An aptitude to evaluate and recommend process and procedure improvement which maximize operational resources.
• Ability to establish and achieve goals priorities and timelines for self.
• Ability to perform professionally employing inherent customer service strategies exercising judgment discretion diplomacy and confidentiality.
• Daily this position is required to exercise initiative make sound business recommendations related to state and federal polices and University and University System of Maryland (USM) policies and procedures.
• This position works independently performing high touch customer service under limited supervision.

We offer a competitive benefits package including health life prescription and dental plans tuition remission benefits paid leave 22 days of annual 15 days of sick 3 days of personal and 1415 holidays) and retirement plans with employer contributions. You can see more details on our benefits here.

Additional Job Information:

The University of Baltimore (UBalt or University) does not discriminate on the basis of sex gender race religion age disability national origin ethnicity sexual orientation gender identity or other legally protected characteristics in its programs activities or employment practices. UBalt is an Equal Opportunity/Affirmative Action/ADA Compliant Employer & Title IX Institution.