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Reed College invites inquiries, nominations, and applications for the position of Director of Financial Aid.
Reed College, founded in 1908, is one of the country’s leading liberal arts and sciences colleges, providing an intellectually rigorous undergraduate experience. Reed is devoted to the intrinsic value of intellectual pursuit and is governed by the highest standards of scholarly practice, critical thought, and creativity. The goal of the Reed education is that students learn and demonstrate rigor and independence in their habits of thought, inquiry, and expression. Reed College values cultural diversity and intellectual pluralism as critical components of academic excellence. The College seeks a dynamic Director of Financial Aid to join the institution.
About the Position
Reporting to the Vice President of and Dean of Admission & Financial Aid, the Financial Aid Director leads the Financial Aid department in administering federal, state, and institutional financial aid funds and services. The Director collaborates with the Vice President and Dean of Admission & Financial Aid in representing Reed College nationally in all issues as they relate to financial aid in recruitment, retention, and meeting institutional financial objectives. The Director supervises the Associate Director of Financial Aid, two Financial Aid Counselors, and the Financial Aid Administrative Assistant. The Financial Aid office disburses $26.5 million in aid to meet the financial needs of its students and the Director manages a budget of a quarter of a million dollars.
Essential functions of the position include:
*Collaborate with the Vice President and Dean of Admission & Financial Aid to develop and implement the institution’s financial aid strategy to provide stewardship of institutional funds and to maximize recruiting and retention, including recruiting a diverse student body.
*Serve and actively participate on the Admission & Financial Aid leadership team to provide strategic direction.
*Provide leadership and professional development for the staff of the Financial Aid office. Provide training and materials to financial aid and admission staff regarding the financial aid process. Develop and conduct financial aid presentations and participate in outreach activities and financial aid workshops with external audiences.
*Monitor and approve financial aid packaging for all qualified applicants in accordance with federal, state, and institutional policies and procedures, while at the same time ensuring that Reed College financial aid processes contribute to a positive educational experience for students.
*Partner with the Controller and Business Office to ensure accurate and timely exchange of information and awards among school information systems. In partnership with Computer and Information Systems, develop Banner and other tools to streamline processes.
*Develop and implement policies, programs, procedures, and audits to ensure compliance with federal and state laws, regulations, and college policies.
*Oversee coordination of federal and state grants and scholarship funds. Coordinate student loan processing between students, the federal government and institution. Oversee Satisfactory Academic Progress and Title IV refunds and repayments.
*Complete state and federal reporting pertaining to financial aid. Develop and implement application intake and tracking processes for proper documentation of all awards for auditors, program reviewers, and accreditation teams.
*Participate in the development or revision of all publications (website, college catalog, and other media) relating to financial aid, such as financial aid applications, forms used for tracking applications, correspondence forms, and brochures so that these publications are easy to understand to utilize.
*A successful candidate should expect to explain Reed's financial aid policies to Reed faculty members, the student body, the Board of Trustees and interested alumnae.
The successful candidate will have at least five years of experience leading the financial aid function at a four year college or university. This includes directly managing the work of regular full time employees and managing and disbursing at least $25 million in financial aid. A demonstrated ability to lead a team to accomplish challenging objectives is required as are strong technological and analytical skills, as demonstrated by the development of financial aid models to set strategy. The candidate will have extensive experience in data assessment and manipulation, and will have proficiency with database management tools. A strong track record of success in developing financial aid strategy to support an institution’s admissions goals is necessary, including its goals to recruit a diverse student body. A track record of sound fiscal management and financial acumen is needed. As the leader of the department and member of the Vice President’s senior leadership team, exceptional communication and organizational skills are mandatory as is the ability to manage large portfolio of work in progress. The successful candidate will also have an impeccable track record of integrity. Knowledge of best practices and latest trends in the profession are a plus including actively participating in the National and Regional Student Financial Aid Associations.
How to Apply
Interested individuals should send a letter of application that relates the applicant’s skills and experiences to the stated qualifications for the position along with a resume that reflects notable achievements. Applications and nominations should be submitted electronically to Reed@wspelman.com. The subject line in the email should be REED. Confidential inquiries should be made to Michael Geffen, PhD, Vice President, William Spelman Executive Search at (951) 201-8800.
Confidentiality will be maintained, and references will not be contacted without prior knowledge or approval of the candidate. Review of applications will begin on November 6, 2015 and continue until the position is filled.
Reed College values cultural diversity and intellectual pluralism as critical components of academic excellence. We welcome applications from members of historically underrepresented minority groups, persons with disabilities, persons who have served in the military, and others who would bring additional dimensions of experience to our community.