Senior Analyst, Regulatory Affairs

Covista•remote, REMOTE
•$49,199 - $86,254•Hybrid

About The Position

Specializing in Federal Student Aid programs and Veterans Benefits, the Senior Regulatory Affairs Analyst interprets statutes, regulations, and administrative rules issued by various bodies and develops procedures and processes to ensure compliance, while monitoring their performance. The senior analyst serves as a liaison to operations, campuses, and appropriate regulatory entities to implement, update, and communicate regulatory changes, and provides guidance as needed. The role works with colleagues across Covista's institutions and functional areas on student funding-related processes, procedures, reporting, materials, and communications. It also represents Regulatory Affairs in institution meetings, professional organizations, and government entities; provides regulatory guidance and recommendations; executes controls in high-risk areas; and contributes to audit-finding resolution. The analyst develops, implements, and maintains written compliance policies and procedures, ensures timely and accurate corrections to non-compliance, and trains colleagues and external partners. The role may mentor a new colleague and may act as a delegate to the Regulatory Affairs Manager in their absence. Covista operates on a hybrid schedule with four in-office days per week, Monday through Thursday. The position requires 10% travel.

Requirements

  • Bachelor's degree required.
  • At least 3 years of experience in a higher education financial aid capacity required.
  • Experience with Microsoft Office, Outlook, Excel, and internet applications required.
  • Excellent organizational, interpersonal, critical-thinking, analytical, verbal, and written communication skills.
  • Detail-oriented problem-solver.
  • Ability to demonstrate a consistently strong work ethic in a high-productivity environment.
  • Ability to travel 10%.
  • Writing samples required.

Nice To Haves

  • Master's degree preferred.
  • At least 3 years of experience in higher education regulatory compliance preferred.

Responsibilities

  • Work with colleagues across institutions and functional areas to ensure student funding-related processes, procedures, internal and external reporting, materials, and communications comply with federal, state, and internal standards and regulations.
  • Review and approve specialized materials, including marketing, catalog, and website content.
  • Represent the organization in professional organizations and government entities.
  • Represent Regulatory Affairs in institution meetings and provide regulatory guidance and recommendations for organizational programs and initiatives.
  • Execute controls in high-risk areas to mitigate non-compliance risk exposure.
  • Provide colleagues throughout the organization with information and guidance on regulatory requirements and internal policies.
  • Coordinate with other ERRA functional units to continuously improve services provided to institutions.
  • Prepare and deliver presentations to senior management.
  • Mentor a new colleague when assigned, depending on experience.
  • Assist the Regulatory Affairs Manager with escalated questions and assigned projects, and act as the manager's delegate in their absence.
  • Contribute to resolving potential and final internal and independent audit findings.
  • Develop, implement, and maintain written compliance policies and procedures to keep requirements aligned with current federal and state regulations and internal standards.
  • Ensure corrections in areas of non-compliance are made accurately and promptly, escalating unresolved items to the manager as needed.
  • Train colleagues and external partners on relevant compliance policies, procedures, and regulatory requirements.
  • Perform other duties as assigned and comply with all policies and standards.

Benefits

  • Health, dental, vision, life, and disability insurance.
  • 401(k) retirement program with a 6% employer match.
  • Flexible Time Off (FTO) policy.
  • 12 paid holidays.
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