Finance & Banking, Financial Compliance, Regulatory Compliance Specialist

Summary

Reporting to the Vice President of Financial Aid in a multi-campus environment, the Sr. Financial Aid Manager provides leadership and operational oversight for Return to Title IV (R2T4) and tuition refund processing at both West Coast University (WCU) and American Career College (ACC). This role serves as the institutional subject matter expert on all federal and state regulations governing R2T4 calculations, aid eligibility, withdrawal processing, and institutional refund requirements, ensuring compliance across all campuses and academic programs.

The Sr. Financial Aid Manager is responsible for leading highly regulated back-end financial aid operations, including oversight of accurate and timely R2T4 calculations, post-withdrawal disbursements, tuition refund determinations, reconciliation activities, and audit-ready documentation practices. This leader evaluates and recommends policy, procedural, and systems enhancements to improve operational efficiency, compliance integrity, and student outcomes while mitigating institutional risk.

In partnership leaders and departments across University Administration, this role drives cross-functional process improvements and ensures automated processing, data integrity, reconciliation, and regulatory reporting functions perform accurately and timely. The position also collaborates closely with the Student Financial Services UA and campus leadership at ACC and WCU, to implement strategic initiatives, resolve complex compliance matters, and influence organizational changes impacting financial aid operations and student finance processes.

Additionally, this leader monitors and interprets new and changing federal and state regulations, translates regulatory guidance into operational practices, develops internal controls, and ensures adherence to institutional policies, accreditation standards, and Title IV compliance requirements.

The Sr. Financial Aid Manager fosters a culture of accountability, continuous improvement, customer service excellence, and regulatory compliance while leading and developing a high-performing refund operations team.

Essential Functions & Responsibilities

• Provides direct leadership, supervision, and operational oversight of Financial Aid Specialists, serving as the first level of escalation for guidance, training, performance management, and daily operational support.
• Ensures all team members demonstrate a thorough understanding of applicable policies, procedures, regulatory requirements, and operational expectations related to their assigned functions.
• Develops, implements, and maintains comprehensive training programs, reference materials, and job aids to support consistent, high-quality onboarding, cross-training, and ongoing professional development for all Financial Aid Specialists. Promotes a culture of accountability, continuous improvement, operational excellence, and compliance-focused service delivery.
• Ensures strict adherence to all federal and state financial aid regulations, institutional policies, accreditation standards, and internal compliance controls. Oversee the accurate and timely execution of all assigned back-end financial aid processes, including Return to Title IV (R2T4), tuition refund calculations, reconciliation activities, and other regulatory processing functions, while mitigating institutional risk and supporting positive student and campus experiences.
• Maintains and updates applicable sections of departmental policies and procedures to ensure alignment with current regulations, operational practices, and organizational objectives.
• Prepares, analyzes, and maintains operational reports, compliance metrics, and processing data for departmental leadership and other organizational stakeholders to support informed decision-making and operational transparency.
• Serves as a subject matter expert and operational resource for campus Financial Aid and Student Financial Services leadership by providing guidance, reporting, regulatory interpretation, and support related to complex processing and compliance matters.
• Effectively prioritizes, delegates, and monitors workflow assignments to ensure all operational responsibilities are completed accurately and within established timelines, while proactively balancing processing volumes, regulatory deadlines, staffing resources, training needs, and organizational priorities.
• Maintains proactive communication with University Administration leadership regarding operational concerns, staffing needs, processing risks, and compliance trends. Identifies and communicates error patterns and performance gaps impacting both centralized and campus-based teams, providing actionable recommendations to improve training effectiveness, operational outcomes, compliance accuracy, and student service delivery across WCU and ACC.
• Continuously evaluates operational workflows, systems, and organizational processes to identify opportunities for increased efficiency, automation, compliance integrity, and service…