Student Loan Servicer Examiner

Essential Duties and Responsibilities

• Conduct and assist on examinations of licensed qualified education loan servicers
• Travel in and out of state to conduct examinations
• Review transactions (loans and agreements), operations, financial statements, policies and procedures, and information technology for compliance with applicable state and federal laws and regulations
• Compile information for review by Examiner-in-Charge (EIC) and inclusion in the Report of Examination (ROE)
• Discuss findings with licensee’s staff, EIC, or other Bureau staff and make regulatory recommendations
• Absorb and learn from more senior analysts during examinations and investigations
• Perform related work as required

Preferred Qualifications

• Professional work experience in student loan servicing, financial aid, and/or in financial auditing and examination
• Without related work experience, a bachelor’s degree in accounting, business administration, economics, finance, or a related field is a minimum qualification
• Knowledge of basic accounting principles
• Knowledge of the student loan servicing industry and state and federal laws and regulations pertaining to student loan servicers is a plus
• Proficiency in Microsoft Word, Excel, and SharePoint
• Strong organizational skills and a high level of written and verbal skills
• Excellent attention to detail
• Ability to analyze information and form logical, well-reasoned conclusions
• Ability to manage tasks independently, be self-motivated, and to work effectively on team-based examinations
• Ability to travel in and out of state and to adapt easily to changing work environments
• Ability to establish and maintain professional working relationships with SCC staff, examiners from other state agencies, and industry personnel