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Job Survey: Funds Compliance Specialist

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Location: Williamsburg, VA
Company: College of William Mary
Experience: Mid-level
Highest Level of Education: High School Diploma



Job Responsibilities
I work in the Financial Aid department. My core responsibilty is posting all on campus grants and scholarships. This job requires me to work with all departments on campus Graduate as well as undergraduate. This also requires day to day monitoring, since these students may drop or sign up for programs. I work with over 5.5 million dollars in grant money.
Job Requirements
I worked in the UG admission office for 7.5 years and since Financial Aid is also part of Enrollment services I already knew a considerable amount about this office as well. I had already began working in our new Student Software Program "Banner" before the Financial Aid Office did so this also gave me an advantage since they were looking for someone to put in my position that was already familiar with Banner. My position "Funds Compliance Specialist" was created due to Banner. I had also taken classes on campus. I had taken these classes in 2001, which was also a good advantage for me since I also needed to be able to incorporate microsoft excel into my daily job. I also use other mircrosoft office applications as well.
Uppers
Great office, great co-workers, great boss, I love my job and the responsibility. I only have a 15 minute commute.
Downers
It's a state institution so there is not much room for pay raises, not sure if you know but Virginia was in Debt like most states a few years back so our first raise in 3 yrs was last Dec,2004. Our raise lasted until June 2005 when our health insurance went up so there went the only raise we had had in 3yrs, then in Aug 2005 our parking went up so my paycheck went down again, I am now bringing home less than I was before I got my raise in Dec 2004. This is a major downfall when your trying to make ends meet and your going backwards.
Lifestyle
since I have a staff posistion it does not require travel, we do have social events, lunches, holiday partys ect which are very nice. The diversity is great here at W&M they strive to make this a diverse campus. Its a great working envirnment.
Compensation
We have great vacation benefits, sick leave, personal leave, stock options and retirment. That is one of the great perks for not getting great pay.
Advice to Jobseekers
Get as much education as you possibly can, this is what will increase your salary. I think my downfall is not having enough education.

This Funds Compliance Specialist career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

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