Financial Coach (Bilingual-Spanish/English)

SER Metro-Detroit; Detroit (MI); On-site; USD 42,000 - 56,000; Full time

Job summary

A community service organization is seeking a Bilingual Financial Coach in Detroit to provide financial advice and education to low to moderate-income families. You will facilitate workshops on money management and assist clients in developing personal financial plans. The ideal candidate will have a Bachelor's degree in finance or a related field and experience in financial education. Bilingual skills in English and Spanish are required. This is a full-time position with an emphasis on community impact.

Qualifications

• Experience in personal financial education, homebuyer education, or foreclosure intervention counseling is preferred.
• Valid Michigan Driver’s License and reliable transportation required.
• Bilingual language skills in English/Spanish required.
• Strong interpersonal skills.
• Certified Financial Planner preferred.
• Valid Michigan Driver’s License.

Responsibilities

• Facilitates financial education workshops.
• Conducts intake for financial counseling assistance.
• Develops personal financial plans with participants.
• Develops personal financial plans and connects participants with financial products.
• Maintains program database and represents the organization in community forums.

Skills

Bilingual skills in English/Spanish

Strong interpersonal skills

Financial literacy

Data entry

Education

Bachelor's degree in business administration, finance, or related field

Job description

JOB TITLE: Financial Coach (Bilingual)

DIVISION: Adult Services

DEPARTMENT: Center for Working Families (CWF) & ReBuild Detroit (RBD)

LOCATION: 9301 Michigan Avenue

REPORTS TO: Program Services Manager

FLSA STATUS: Non-Exempt/Hourly

CLASSIFICATION: Full-Time Regular

APPROVED DATE: 6/4/2024

Overview

The Bilingual Financial Coach will provide low to moderate income eligible families in the SER Center for Working Families with financial advice/coaching that will contribute to the financial stability and asset building capabilities of each family.

ESSENTIAL DUTIES & RESPONSIBILITIES

1. Facilitates financial education workshops such as money management, credit, and banking, mortgage loans, buying a home, and avoiding predatory lenders.
2. Conducts intake for participants seeking financial counseling assistance.
3. Conducts individual counseling on topics such as credit and debt management, savings, budgeting, special assistance programs for homeownership, foreclosure intervention, and other topics as appropriate.
4. Assists the participant to develop a personal financial plan to meet their financial goals.
5. Exposes participants to financial products and services such as check cashing alternatives, flexible financial product and affordable housing products.
6. Assists the participant in devising a debt liquidation plan that includes payoff priorities and timelines.
7. Provides information on Individual Development Accounts (IDAs) and assists with the application process.
8. Maintains follow-up contact with participant on matters discussed in counseling session.
9. Refers participant to community or financial agencies to obtain services outlined in financial plan.
10. Creates and maintain partnerships with financial institutions, real estate agencies, lending institutions, financial industry professionals, and community-based organizations.
11. Maintains program database including data collection, input and program reporting.
12. Represents the organization in various community forums and conducts program presentations.
13. Performs other duties that will contribute to the program’s team effort

SUPERVISORY RESPONSIBILITIES: NONE

JOB QUALIFICATIONS:

1. Bachelor’s degree in business administration, finance or other related field.
2. Two to four years of related experience in personal financial education, homebuyer education, and/or foreclosure intervention counseling preferred.
3. Bilingual language skills in English/Spanish required.
4. Strong Interpersonal skills.
5. Certified Financial Planner preferred.
6. Mental ability to handle pressures related to dealing with multiple individuals from diverse backgrounds and varying levels of need.
7. Valid Michigan Driver’s License. Incumbent must have a reliable means of transportation.

PHYSICAL DEMANDS

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this position. While performing the duties of this job, the employee is regularly required to see, talk and hear. The employee is frequently required to stand, walk, sit for extended periods of time, and have sufficient hand, arm, and finger dexterity to operate a phone, computer keyboard, and other office equipment. Must be able to lift a minimum of 10 pounds.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. This job operates in a normal office environment with a noise level, which is at times, moderately loud with little discomfort due to noise, dirt, dust and the like. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Equal Opportunity Employer

This job description is intended to describe the general nature and level of work being performed by a person assigned to this job. It is not to be construed as an exhaustive list of all job duties and responsibilities that may be performed by a person so classified. Duties, responsibilities, and activities may change or new ones may be assigned at any time with or without notice.