Full-Time

Associate Director of Student Financial Aid

Office of the Provost, Enrollment Management

Posted on 1/27/2026

Carnegie Mellon University

Carnegie Mellon University

11-50 employees

Endowment management for university long-term funding

No salary listed

Pittsburgh, PA, USA

In Person

Ability to travel to other CMU campus locations; weekend and evening hours may be required.

Category
Accounting (1)
Requirements
  • Bachelor’s Degree required.
  • 5 to 7 years of direct and progressively-responsible experience in accounting or enrollment, ideally within a financial aid environment.
  • A combination of education and relevant experience from which comparable knowledge is demonstrated may be considered.
  • Successful background check
  • Ability to travel to other campus locations.
  • Weekend and evening hours may be required.
Responsibilities
  • Monitors, interprets, and disseminates regulatory updates and other pertinent information to key stakeholders within the Student Financial Aid Office and more broadly to members of Enrollment Management. Establishes procedures and guidelines to ensure compliance with all internal and external regulations.
  • Manages non-program specific Title IV compliance efforts such as Return to Title IV, Gainful Employment, Financial Value Transparency, Written Agreements, and other areas as assigned by the Director of Student Financial Aid.
  • Responsible for identifying training needs through the quality assurance process. Defines requirements, sets timelines, maintains documentation, develops communication plans, and trains staff on regulatory matters to ensure a well-informed and compliant, consistent, and effective customer service experience.
  • Maintains training materials for areas of oversight and creates a regular training calendar for all financial aid topics Enrollment Management staff.
  • Serves as the primary point of contact for all internal and external audits, including our Uniform Guidance audit. Distributes work requests to responsible colleagues, verifies responses, and coordinates the timely submission of all supporting documentation. Keeps open lines of communication with the audit team to ensure an efficient audit and proactively resolve any misunderstandings. Provides routine updates to senior management.
  • Manage or lead special projects as requested by the Director of Student Financial Aid.
Desired Qualifications
  • Master’s Degree in business, higher education administration, education training or similar field.
  • More than 7 years of directly related financial aid experience, preferably at a high select private research university.
Carnegie Mellon University

Carnegie Mellon University

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CMU Investment Office manages Carnegie Mellon's endowment to provide permanent financial support for research and education, including scholarships and operations. It grows and protects assets through a globally diversified portfolio that includes private equity, venture capital, hedge funds, real estate, natural resources, public equities, and fixed income, using external investment managers. It differs from others by being a university endowment with a dedicated CIO and a global, private-investment–centered approach focused on disciplined long-term growth and risk management. Its goal is to grow and preserve the endowment so CMU can sustain its research, education mission, and operations in perpetuity.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Pittsburgh, Pennsylvania

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • FY25 return hit 10.9%, with 10-year average at 9.1%.
  • Private book self-funds amid liquidity issues under Miles Dieffenbach.
  • Assets under management reached $7.18 billion recently.

What critics are saying

  • Jeffer Choudhry defected in February 2022 to Pitt, eroding expertise.
  • 9.1% 10-year return trails Yale's 9.5% and Harvard's 9.6%.
  • 85% private equities trap capital in liquidity drought.

What makes Carnegie Mellon University unique

  • CMU targets 85% equities in private investments globally since FY04.
  • Charles A. Kennedy shifted portfolio to private-centered since 2010.
  • Endowment exceeds $4 billion, managed with top external managers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Professional Development Budget

Wellness Program

Commuter Benefits

Childcare Support

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