We are currently looking for a Director of Student Financial Services to join our Mankato MN campus.

Overview
The Director of Student Financial Services is accountable for the leadership of the Financial Aid and Student Accounts departments. The director is responsible for the operations and administration of all student financial programs and ensuring that policies and procedures comply with state, federal and Rasmussen’s regulations. The position requires strong managerial leadership background and financial management understanding in order administer the overall financial aid process, student services and cash flow of the campus.

Reporting Structure
The Director of Student Financial Services is accountable to the Campus Director with dotted-line reporting to the National Director of Student Financial Services. The financial aid officers, financial aid planners and student accounts managers on a campus report to this position.

Minimum Qualifications
• Bachelor’s Degree in Business, Finance, Accounting or related discipline.
• 5+ years experience in process/working management or employee development is required.
• 2+ years experience in Financial Aid processing/Student Accounts and/or management are preferred.
• Consumer finance experience required.
• Proven track record of increasing responsibility and success.
• Demonstrated ability to work effectively without direct supervision.
• Comfortable working in an entrepreneurial environment, blazing new trails.
• Able to build relationships with external lending partners and the community to find additional funding sources for students.
• Analytical skills with the ability to solve problems develop creative solutions and report trends and forecasts.
• Experience in managing and collaborating with internal and external resources in a matrixed organization
• Strong leadership, team management and negotiation skills.
• Strong organizational, problem solving and presentation skills.
• Excellent communication and interpersonal skills.
• Willing to travel approximately 5%.


Main Job Responsibilities and Expectations

Manage Financial Aid Team

• Hire, train and supervise financial aid officers and financial aid planners. This includes planning, assigning, and directing work; and resolves employee complaints and problems. Conducts performance evaluations to effectively manage and develop the staff.
• Administer of all of the financial aid programs that the campus participates in including loans, Pell, work-study and grants.
• Determine student eligibility and awarding of financial aid. Monitors student academic progress to ensure students on probation are not awarded financial aid.
• Ensure students are packaged timely in order be able to start classes knowing how they are going to pay for school.
• Reconcile and prepare all requested financial aid tracking and metric reports accurately and on time.
• Process refunds accurately and in a timely manner as required by the Department of Education and the state.

Manage Student Accounts / Accounts Receivable

• Hire, train and supervise student accounts managers. This includes planning, assigning, and directing work; and resolves employee complaints and problems. Conducts performance evaluations to effectively manage and develop the staff.
• Ensure financial aid packaging is resulting in timely drawing of financial aid funds. This includes achieving the objectives set in terms of amount of cash received during the quarter
• Direct SAM to help make the bookstore process simple for students and minimal cost to the College.
• Responsible for the accounts receivable balances on the campus, both in school and out of school collections

Identify additional funding sources

• Work with established lenders to ensure continued access to FFELP and alternative lending.
• Identify additional lending resources, especially for alternative lending.
• Identify community resources available to help students pay for college such as community foundations, scholarship funds, etc.
• Prepare analysis of student funding environment, sources and uses.


Internally Audit department to ensure compliance

• Monitor and respond to changes in the regulatory environment from Congress, to the DOE to the States.
• Internally audit financial aid files to ensure clean audits and regulatory compliance.
• Assist in preparing for audits, both internal and external, to create a smooth process.

Benefits:
Rasmussen College, Inc. is a fast growing company. We work in a highly energized and entrepreneurial environment. Our competitive salary and benefits package includes health, dental, vision and life insurance, paid vacation/holidays, short and long term disability policies, and 401K. We also offer generous tuition scholarships for employees and immediate family looking to pursue their undergraduate and/or graduate degrees.

About Us:
Rasmussen College, Inc. is a premier provider of online educational experiences delivering associates, bachelors and masters degree programs through its network of ground-based and online virtual campuses. The company has corporate offices in Chicago, Orlando and the Twin Cities, and campuses in 5 Midwest and Southeast states. Rasmussen College, Inc. serves over 7,500 students in fifty states and five countries. The company is privately held and has over 800 employees.

At Rasmussen College, Inc., we strive to create an upbeat environment for our team. Our employees are held to the highest standard and we respect all that each individual brings to the company. We provide a flexible workplace because we understand the outside demands that life and family may present. At the heart of the Rasmussen Culture is our commitment to developing strong community within our offices, campuses and regions.


We strive to bring together a diverse working team and embrace the different approaches, insights, and experiences that each individual offers. Rasmussen College is an equal opportunity employer.

For more information on Rasmussen, please visit our website at www.rasmussen.edu

TO APPLY: Please send word attached resume and cover letter to corporaterecruiter3@Rasmussen.edu. Please include DSFS-Mankato MN in the subject of your e-mail.