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 of the Financial Aid Center 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 benefits plan that lets you customize coverage to fit your needs, with options like health insurance, FSAs, retirement plans, and wellness programs
• 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:

• Build awareness in the community of grant and loan opportunities, networking with Jewish Youth-Serving Organizations and Schools, YouthFirst colleagues, and other stakeholders
• Recruit students and families to apply; review applications for eligibility;  Interview eligible student/parent applicants for grants and loans; Process loan and grant applications, ensuring all appropriate documentation is collected and tracked; prepare summaries to be reviewed and presented by the Loans and Grants Committee; Produce loan documents for each approved loan; disburse grant and loan payments to approved applicants
• Staff the Loans and Grants Committee of the Board of Directors, including set-up and coordination of meetings preparation; answer questions as needed
• Consult with clients and case managers on financial planning and budgeting; review assistance requests for consistency and equitable disbursement; collaborate with staff to integrate financial guidance into case management
• 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
• Create and maintain records of loan funds granted and disbursed on a year-to-date and fund-by-fund basis
• 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:

• Bachelor’s degree required; 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
• Proven ability to assess and provide advice on the feasibility of business and professional loans