Management Analyst 1 - Loan Specialist (SA25043)

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

Working Title:

Management Analyst 1 - Loan Specialist (SA25043)

Institution:

Minnesota State University, Mankato

Classification Title:

Management Analyst 1

Bargaining Unit / Union:

214: Minnesota Association of Professional Employees

City:

Mankato

FLSA:

Non Job Exempt

Full Time / Part Time:

Full time

Employment Condition:

Classified - Unlimited

Salary Range:

$0.00 - $0.00

Salary Range

$23.63 - $34.18 / hourly; $49,339 - $71,367 / 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

• Associate’s degree and a minimum of two(2)years of full-time 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 full-time work experience. Doctorate degree may substitute for two years of experience; Master’s degree may substitute for 18 months of experience; Bachelor’s degree may substitute for one year of experience; Associate’s degree may substitute for six months of experience.

• Ability to demonstrate strong customer service and interpersonal communication skills needed to interact with courtesy,respect,and 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 one's own work and in the work of others.

Preferred Qualification 

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

• Bachelor's 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 workflows,the Department of Education’s NSLDS and COD systems,and 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 employee's 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 ac