Student Finance Manager in City of Westminster

Student Finance Manager in City of Westminster

City of Westminster Full-Time 40000 - 50000 £ / year (est.) No home office possible
Newham College of Further Education

At a Glance

  • Tasks: Lead the Student Finance team to deliver effective financial support for students.
  • Company: Join a college committed to student success and equality of opportunity.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Why this job: Make a real difference in students' lives by ensuring access to financial support.
  • Qualifications: Experience in student finance and strong customer service skills required.
  • Other info: Dynamic role with opportunities for growth and collaboration across teams.

The predicted salary is between 40000 - 50000 £ per year.

The Student Finance Manager is a key role within the Student Finance team, responsible for the effective administration, promotion, and delivery of student financial support. The role provides leadership and oversight of the College's student bursary scheme and student finance provision, including Advanced Learner Loans, Advanced Learner Plans, Higher Education student finance, and the Lifelong Learning Entitlement (LLE). The post-holder will ensure that financial support is accessible, equitable, and fully compliant with funding body regulations, supporting student retention, progression, and success.

Responsibilities

  • Lead and manage the team to deliver an efficient, accurate, and student-focused service.
  • Oversee the administration of student finance, including bursaries, loans, grants, scholarships, fee assessments, and hardship support.
  • Ensure full compliance with DfE, SLC, and other funding body regulations and requirements.
  • Act as the subject matter expert on student finance policies, procedures, and regulations.
  • Develop, implement, and review student finance policies, processes, and internal controls.
  • Monitor student finance and bursary budgets, forecast expenditure, and produce management reports and KPIs.
  • Work collaboratively with admissions, curriculum, MIS, finance, and student services teams to ensure a seamless student journey.
  • Support external audits, funding audits and student finance data returns, ensuring accuracy and timeliness.
  • Promote access to financial support in line with widening participation and student success priorities.

Qualifications

  • Significant experience administering student financial support within an FE, HE, or similarly regulated environment.
  • Level 2 English and maths qualification.
  • Degree or professional qualification in finance, business, or public administration.
  • In-depth knowledge of 19+ Advanced Learner Loans, HE student finance, and current or future developments such as the Lifelong Learning Entitlement.
  • Experience managing discretionary bursary or hardship funds, including assessment and budget monitoring.
  • Strong understanding of student funding regulations and compliance requirements.
  • Excellent customer service skills, with the ability to communicate clearly and empathetically with students from diverse backgrounds.
  • Strong organisational, analytical and problem-solving skills with high attention to detail and accuracy.

Equal Opportunities Statement

The College has a strong commitment to working towards the implementation of equality of opportunity in both service delivery and employment. The College's mission and strategic objectives directly support this aim. All employees are required to actively support the development, dissemination and implementation of this aim and related policies and programmes.

Safeguarding and Employment Checks

All employment offers are subject to employment checks including an enhanced DBS (including Children's Barred List) and DfE teaching/management Barred List checks, online searches, overseas criminal record checks, evidence of identity and Right to Work in the UK, satisfactory references, confirmation of medical fitness, evidence of relevant qualifications and a check of previous employment history.

Student Finance Manager in City of Westminster employer: Newham College of Further Education

As a leading educational institution, we pride ourselves on being an excellent employer that values diversity, inclusivity, and professional growth. Our Student Finance Manager role offers a supportive work culture where collaboration is key, and employees are encouraged to develop their skills through ongoing training and development opportunities. Located in a vibrant community, we provide a meaningful opportunity to make a positive impact on students' lives by ensuring equitable access to financial support.
Newham College of Further Education

Contact Detail:

Newham College of Further Education Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Student Finance Manager in City of Westminster

✨Tip Number 1

Network like a pro! Reach out to your connections in the education sector, especially those who work in student finance. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of student finance policies and regulations. We want you to be the go-to expert in the room, so practice answering questions related to Advanced Learner Loans and bursary schemes.

✨Tip Number 3

Showcase your customer service skills! During interviews, share examples of how you've helped students from diverse backgrounds. This will highlight your empathy and ability to communicate effectively, which is key for this role.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Student Finance Manager in City of Westminster

Student Financial Support Administration
Leadership
Compliance with Funding Body Regulations
Policy Development and Implementation
Budget Monitoring
Management Reporting
Collaboration with Cross-Functional Teams
Customer Service Skills
Analytical Skills
Problem-Solving Skills
Attention to Detail
Communication Skills
Knowledge of Advanced Learner Loans
Understanding of Higher Education Student Finance
Experience with Discretionary Bursary Management

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your application to highlight your experience with student financial support. We want to see how your background aligns with the role of Student Finance Manager, so don’t hold back on showcasing relevant skills and experiences!

Showcase Your Compliance Knowledge: Since compliance is key in this role, be sure to mention any experience you have with funding body regulations. We’re looking for someone who understands the ins and outs of student finance policies, so let us know how you’ve navigated these in the past.

Highlight Your Leadership Skills: As a Student Finance Manager, you’ll be leading a team, so it’s important to demonstrate your leadership abilities. Share examples of how you’ve managed teams or projects effectively, and how you’ve fostered a student-focused service.

Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Newham College of Further Education

✨Know Your Stuff

Make sure you brush up on the specifics of student finance policies and regulations. Familiarise yourself with Advanced Learner Loans, Higher Education finance, and the Lifelong Learning Entitlement. Being able to discuss these topics confidently will show that you're the subject matter expert they need.

✨Showcase Your Leadership Skills

As a Student Finance Manager, you'll be leading a team. Prepare examples of how you've successfully managed teams in the past, focusing on delivering efficient and student-focused services. Highlight your ability to motivate and guide others towards achieving common goals.

✨Demonstrate Your Analytical Skills

Be ready to discuss your experience with budget monitoring and management reports. Bring examples of how you've forecasted expenditure or improved financial processes. This will showcase your strong organisational and analytical skills, which are crucial for this role.

✨Empathy is Key

Remember, you'll be working with students from diverse backgrounds. Prepare to share instances where you've provided excellent customer service, particularly in challenging situations. Showing that you can communicate clearly and empathetically will set you apart as a candidate who truly cares about student success.

Student Finance Manager in City of Westminster
Newham College of Further Education
Location: City of Westminster

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