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Financial Assistant

JR United Kingdom

Peterborough

Hybrid

GBP 25,000 - 35,000

Full time

4 days ago
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Job summary

A leading organization in higher education is looking for a Student Loan Finance Assistant to deliver excellent customer service while managing student financial records and resolving inquiries related to both UK and international student loans. This hybrid role presents a unique opportunity to work within a sector focusing on the pastoral care of students, ensuring compliance and accuracy in financial processes.

Benefits

Hybrid working arrangement
30 days annual leave plus public holidays
Local Government Pension Scheme membership
Professional development opportunities
Collaborative culture

Qualifications

  • Medium-advanced level experience in Excel.
  • Experience in Higher Education or customer service/credit control.
  • Knowledge of Student Finance England.

Responsibilities

  • Investigate and respond to student inquiries regarding financial support.
  • Manage reconciliation of payments from loan providers.
  • Advise students on loan and scholarship options.

Skills

Customer service
Communication skills
Problem solving
Organisational skills
Analytical skills

Education

NVQ 4 or equivalent including English and Maths
Higher Education experience

Tools

Excel

Job description

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We are seeking a Student Loan Finance Assistant. This role centers on delivering excellent customer service to our students while supporting a small team with the efficient administration and resolution of queries related to Student Loans, both UK and Overseas. It is a hands-on operational position within a sector that differs from typical credit control functions.

  • NVQ 4 or equivalent including English and Maths
  • Medium-advanced level experience in Excel
  • HE experience or Customer service/Sales Ledger/Credit Control experience
  • Proactive, willingness to learn and an interest in problem solving
  • Excellent communication skills as well as an ability to manage stakeholders at all levels
  • Higher Education experience
  • Prior student loan/finance experience
  • Knowledge of Student Finance England

Reporting into Student Fees Manager, the primary responsibility of this role is to investigate and respond promptly and empathetically to student or sponsor inquiries, enhancing the overall customer experience with a strong focus on pastoral care. Responsibilities include:

  • Manage and reconcile payments from UK and international loan providers, ensuring accurate disbursements to student accounts.
  • Advise students on financial support options, including loans, Future Earnings Agreements (FEAs), bursaries, and scholarships.
  • Maintain accurate student financial records and process adjustments in coordination with external agencies such as Student Finance England (SfE), SAAS, Sallie Mae, Stepex, FAFSA, and Veterans Affairs.
  • Collaborate with internal stakeholders to ensure compliance with regulations and accurate billing/crediting processes.
  • Deliver excellent customer service to enhance the student experience.
  • Utilise strong communication, organisational, and analytical skills to manage complex data and resolve financial queries effectively.
  • Hybrid Working: Flexible hybrid working arrangement with three days per week
  • Generous Leave: 30 days annual leave in addition to public holidays and scheduled University closure days
  • Pension: Membership in the Local Government Pension Scheme, offering competitive benefits and long-term security
  • Professional Development: Opportunities to develop your skills and progress your career within a supportive and forward-thinking organisation
  • Collaborative Culture: Join a team committed to innovation, continuous improvement, and delivering excellent service to students and staff alike
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