AGENCY OVERVIEW:

POSITION SUMMARY:

Under the supervision of the Associate Executive Director, the JFCS Financial Aid Center offers student loans and grants, and small business loans to qualified individuals in our service area. The Director manages the day-to-day operations of the Financial Aid Center; provides direct service to clients seeking financial assistance; works with Development to increase available funds for the program and works with Board level volunteer oversight committees to facilitate their work in approving loans and grants.

COMPENSATION AND BENEFITS:

• Salary Range: $85,000-$100,000 (depending on experience)
• Employment Type: Full-time, exempt with benefits
• Employer 403(b) retirement match plus additional employer contribution (subject to eligibility)
• Cafeteria plan with medical, dental, vision, FSA, Employer-paid life, and disability insurance
• 16 holidays (10 federal and up to 6 Jewish holidays), annually
• 3 weeks of vacation and 2 weeks of sick leave, annually

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:

• Interview and assist student applicants for grants and loans, preparing requests for approval by the Loans and Grants Committee
• Process loan and grant applications ensuring all appropriate documentation is collected and tracked
• Provide consultation on financial planning and budgeting to clients
• Assist business loan applicants with financial projections, calculations of capital requirements and business plan analysis and development and enlist appropriate mentors and incubation services for applicants as needed
• Develop resource materials on services relevant to student and business loan applicants
• Staff the Loans and Grants Committee of the Board of Directors, including set-up and coordination of meetings preparation, and presentation of loan and grant applications
• Create and maintain records and documents:
  • Maintain a database tracking financial aid applicants from the application stage through an approval process, the disbursement of funds, and the repayment of loans
  • Produce loan documents for each approved loan
  • Keep records of loan funds granted and disbursed on a year-to-date and fund-by-fund basis
  • Review loan portfolios to ensure that all loans are paid on a timely basis, institute collection efforts on delinquent loans as appropriate
• Collaborate with YouthFirst department to ensure that teen participants are informed of financial aid offerings through the department. Engage past loan and grant recipients as feasible as internship sites, as volunteers, and as career night speakers 
• Provide consultation to staff providing financial and case management services to emergency assistance clients. Review financial assistance requests, as needed, and ensure consistency in evaluation of requests and disbursement of funds. Work closely with JFCS direct service and supervisory staff to integrate financial consultation into case management services
• Work with the Development staff and the Associate Executive Director to expand resources and raise additional funding for the Financial Aid Center. Provide materials to the Development and Marketing departments that highlight former recipients’ accomplishments and the role of the Financial Aid Center in helping them to achieve their goals. Conduct targeted outreach to past financial aid recipients for further engagement with JFCS as donors

JOB QUALIFICATIONS:

• Degree in business administration, accounting, or finance, preferred
• Experience with educational financial aid operations preferred
• Demonstrated ability to analyze financial statements, credit reports, and income, expense, and cash flow projections.
• Familiarity with personal financial management strategies and techniques
• Interest in working in social services setting and in helping individuals and families attain goals and become self-sufficient
• Demonstrated ability to be supportive of clients in a social service setting and to appropriately communicate the limits of service and resources available

To be considered for this position, you must meet the requirements and competencies listed above. Application materials will be reviewed as they are received and well-qualified candidates will be contacted for an interview.

EXCITED TO APPLY?