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Job Details

Compliance Officer

Experience
3 yrs required

Location
Cambridge, MA, United States

Posted on
Sep 11, 2017

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Compliance Officer
Duties: Serve as the organization’s primary resources on federal, state, and institutional laws, regulations, and directives. Will identify and monitor trends in the financial aid and consumer financial protection regulatory environment, assessing their impact and keeping stakeholders informed; provide financial aid and consumer financial protection compliance advisory services as needed; encourage a coordinated, collaborative, and practical approach to administration of financial aid and consumer financial protection compliance responsibilities as appropriate; promote compliance with financial aid and consumer financial protection rules and regulations; identify areas of noncompliance with financial aid and consumer financial protection rules and regulations and spearhead development of appropriate corrective actions to manage and mitigate risk and improve compliance practices; and partner with the Office of General Counsel to provide compliance advisory services to other MIT departments, labs and centers involved in the administration of campus-wide federal, state, and institutional financial aid and consumer financial protection rules. Will report to the director of financial aid.

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