Shaw University has an exciting new opportunity for the right candidate! Shaw University is looking for a Full Time Compliance Officer. Reporting to the Office of the President (with dotted line reporting to the Audit Committee of the Board of Trustees), the Compliance Officer exercises management responsibility for ongoing compliance monitoring with the purview of the University's code of professional conduct, policies, and procedures. The Compliance Officer acts as an interface with the University's Finance/Grants/Financial Aid/Risk Management departments to perform periodic compliance audits and provides guidance to other managers and staff regarding control procedures and testing; also assists the President in identifying compliance risks and in implementing plans to monitor and address risks.
Essential Job Functions:
Develops, initiates, maintains, and revises policies and procedures for the general operation of the Compliance Program and its related activities to prevent illegal, unethical, or improper conduct. Manages day-to-day operation of the Program.
Develops and periodically reviews and updates Standards of Conduct to ensure continuing currency and relevance in providing guidance to management and employees.
Collaborates with other departments (e.g., Grants, Finance and Administration, Financial Aid, Risk Management, etc.) to direct compliance issues to appropriate existing channels for investigation and resolution. Consults with the President as needed to resolve difficult legal compliance issues.
Responds to alleged violations of rules, regulations, policies, procedures, and Standards of Conduct by evaluating or recommending the initiation of investigative procedures. Develops and oversees a system for uniform handling of such violations.
Acts as an independent review and evaluation body to ensure that compliance Issues/concerns within the organization are being appropriately evaluated, investigated and resolved.
Monitors, and as necessary, coordinates compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends.
Identifies potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues, and provides general guidance on how to avoid or deal with similar situations in the future.
Provides reports on a regular basis, and as directed or requested, to keep the President and senior management informed of the operation and progress of compliance efforts.
Ensures proper reporting of violations or potential violations to duly authorized enforcement agencies as appropriate and/or required.
Institutes and maintains an effective compliance communication program for the University, including promoting (a) use of the Campus Conduct Hotline as it relates to all financial compliance concerns (grants, payroll, student accounts/financial aid); (b) heightened awareness of Standards of Conduct, and (c) understanding of new and existing compliance issues and related policies and procedures.
Works with the Human Resources Department and others as appropriate to develop an effective compliance-training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
Collaborate with Human Resources to ensure the implementation of consistent disciplinary action strategies in cases of compliance standard violations.
Monitors the performance of the Compliance Program and relates activities on a continuing basis, taking appropriate steps to improve its effectiveness.
Performs other duties as assigned.
Education and/or Experience
Master's degree in Business Administration, Accounting, or a comparable field required, or combination of education and experience.
Minimum of five years of mid-level financial aid experience required, including experience in compliance and auditing in higher education experience preferred.
Risk Management experience preferred.
Thorough understanding of Generally Accepted Accounting Principles and Generally Accepting Auditing Standards.
Working knowledge of Jenzabar Financials preferred.
Proficiency in collecting and analyzing compliance business processes, work flows, and control relationships.
Advanced knowledge of the International Standards for the Professional Practice of Internal Auditing
Strong interpersonal and communication skills.
Demonstrated commitment to quality customer service and ability to work in diverse environments and with diverse populations of employee
Certified Internal Auditor or Certified Public Accountant certification preferred
About Shaw University - Raleigh, NC
Shaw University, located in Raleigh, North Carolina, is the first historically black institution of higher education in the South and among the oldest in the nation. Founded in 1865 by Henry Martin Tupper, our mission is to advance knowledge, facilitate student learning and achievement, to enhance the spiritual and ethical values of its students, and to transform a diverse community of learners into future global leaders.