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Covista

Senior Analyst, Regulatory Affairs

🇺🇸 Hybrid - Chicago, Illinois 🕑 Full-Time 💰 $49K - $86K 💻 Compliance 🗓️ October 8th, 2026
Compliance,financial-aid,title-iv,government,higher-ed

Edtech.com's Summary

Covista is hiring a Senior Analyst, Regulatory Affairs who specializes in Federal Student Aid programs and Veterans Benefits compliance. The analyst interprets statutes, regulations, and administrative rules, then builds and monitors the procedures that keep operations within those requirements. Acting as a liaison to campuses and regulatory entities, the role also communicates regulatory changes and trains colleagues and external partners.

Highlights
  • Interpret statutes, regulations, and administrative rules from the bodies that govern Federal Student Aid and Veterans Benefits.
  • Develop, implement, and maintain written compliance policies and procedures aligned with federal, state, and internal standards.
  • Work with colleagues across institutions to keep student funding processes, reporting, and communications compliant.
  • Review and approve marketing, catalog, and website materials as specialized assignments.
  • Execute controls in high-risk areas and contribute to resolving internal and independent audit findings.
  • Serve as liaison to operations, campuses, and regulatory entities on the rollout of regulatory changes.
  • Train colleagues and external partners on compliance with policies, procedures, and regulatory requirements.
  • Prepare presentations for senior management and represent Regulatory Affairs in institution meetings and professional organizations.
  • Hold a bachelor's degree (master's preferred) with 3+ years of higher education financial aid experience, plus regulatory compliance experience preferred.
  • Offer salary of $49,199.33 - $86,253.75 per year, plus health, dental, vision, life and disability insurance, a 401(k) with 6% employer match, flexible time off, and 12 paid holidays.

Senior Analyst, Regulatory Affairs Full Description

Opportunity at a Glance
Specializing in Federal Student Aid programs and Veterans Benefits, the Senior Regulatory Affairs Analyst is responsible for interpreting statutes, regulations and administrative rules of various issuing bodies and developing procedures and processes to assure compliance with those rules and monitoring the performance of those procedures and processes. The senior analyst will serve as a liaison to operations, campuses, and appropriate regulatory entities for the implementation, update and communication of pertinent regulatory changes and provide guidance as needed.
We operate on a hybrid schedule with four in-office days per week (Monday–Thursday). This approach enhances creativity, innovation, communication, and relationship-building, fostering a dynamic and collaborative work environment.

Responsibilities
  • Works with colleagues in all institutions and functional areas to ensure student funding-related processes, procedures, internal and external reporting, materials and communications are developed in compliance with federal, state and internal standards and regulations.
  • Works on specialized assignments such as marketing, catalog and website material review and approval.
  • Represents the organization in professional organizations and government entities.
  • Represents Regulatory Affairs in institution meetings; provide regulatory guidance and recommendations for organizational programs and initiatives.
  • Executes controls in high risk areas to mitigate non-compliance risk exposure.
  • Provides information and guidance to colleagues throughout the organization on regulatory requirements and internal policies.
  • Coordinates with other ERRA functional units to continuously improve the service that is provided to all institutions.
  • Prepares and delivers presentations to senior management.
  • May be assigned to mentor a new colleague, depending on experience.
  • Assists Regulatory Affairs Manager with escalated questions and projects as assigned; act as a delegate to the manager in their absence.
  • Contributes to resolution of potential and final internal and independent audit finding.
  • Develops, implements, and maintains the organization's written compliance policies and procedures to ensure requirements remain observant to all current federal and state, regulations and internal standards.
  • Ensures that corrections in the areas of non-compliance are made timely and accurately; escalates unresolved items to manager as needed.
  • Trains colleagues and external partners on compliance with relevant policies, procedures and regulatory requirements.
  • Performs other duties as assigned
  • Complies with all policies and standards

Qualifications
  • Bachelor's Degree required and Master's Degree preferred.
  • 3+ years experience in higher education financial aid capacity required.
  • 3+ years experience in higher education regulatory compliance preferred.
  • Experience with Microsoft Office, Outlook, Excel and internet applications required.
  • Excellent organizational, interpersonal, critical thinking, analytical, verbal and written communication skills.
  • Is a detail-oriented problem-solver.
  • Can demonstrate a consistently great work ethic in a high productivity environment.
  • Can travel 10%.
  • Writing samples required.

Additional Information
In support of the pay transparency laws enacted across the country, the expected salary range for this position is between $49199.33 and $86253.75. Actual pay will be adjusted based on job-related factors permitted by law, such as experience and training; geographic location; licensure and certifications; market factors; departmental budgets; and responsibility. Our Talent Acquisition Team will be happy to answer any questions you may have, and we look forward to learning more about your salary requirements. The position qualifies for the below benefits.
Covista offers a robust suite of benefits including:
  • Health, dental, vision, life and disability insurance
  • 401k Retirement Program + 6% employer match
  • Participation in Covista's Flexible Time Off (FTO) Policy
  • 12 Paid Holidays
Equal Opportunity – Minority / Female / Disability / V / Gender Identity / Sexual Orientation