Education Financing & Debt Management Specialist

Association of American Medical CollegesWashington, DC
$70,465 - $82,900Remote

About The Position

The Association of American Medical Colleges (AAMC) is seeking an Education Financing & Debt Management Specialist to support operational aspects of the organization's private lender collaboration. This role provides education financing options for medical students and primary support to the collaboration’s Advisory Committee. The specialist will monitor and interpret program data, collaborate with colleagues and vendor partners to develop educational resources on financing, credit, debt management, and financial wellness, and coordinate communications to promote awareness and engagement with these resources among medical school financial aid professionals.

Requirements

  • Bachelor's degree required.
  • 5-7 years of related work experience.
  • At least four (4) years of the required professional experience must be in higher education financial aid, student lending, student financial assistance, student loan servicing or financial services industry.

Nice To Haves

  • Prior experience in financial aid administration within a medical school or other health professions school setting, and/or the student lending industry or a related financial services sector, is strongly preferred.
  • Equivalent or transferable professional experience will also be considered.
  • Accredited Financial Counselor (AFC) designation is a plus.

Responsibilities

  • Support the AAMC private loan partnership, including facilitating communication and coordination with the vendor.
  • Partner with team and unit Director to ensure vendor activities are mission-aligned and complement the FIRST Program, including webinars and programming that inform medical school borrowers and financial aid professionals of partnership product offerings.
  • Liaise with the vendor and internal stakeholders to ensure coordinated marketing activities and communications, organizational brand alignment, and timely dissemination of program information.
  • Support Advisory Committee activities to inform partnership loan product and related marketing and communications strategies.
  • Establish and maintain a regular cadence of Advisory Committee meetings, including agenda setting, meeting facilitation, and follow-up on action items.
  • Support efforts to align Advisory Committee input and recommendations with vendor implementation plans.
  • Coordinate vendor activities associated with AAMC conferences, including panel discussions, exhibiting, and attendee engagement.
  • Maintain awareness of the private student loan landscape, including details of medical student-specific loans offered by other lenders.
  • Develop and maintain a cadence to review all existing online FIRST resources to ensure they convey timely and accurate information; support development of new resources as needed, particularly private loan education and credit counseling resources.
  • Support unit communications efforts and management of the quarterly FIRST newsletter, relevant Virtual Communities, and the FIRST mailbox via editing, writing, and timely engagement.
  • Act as primary contact for content and details of the Financial Wellness program, demonstrating sound content knowledge in communications with medical school financial aid professionals.
  • Develop expertise in use of MedLoans Organizer and Calculator and how to interpret results for borrowers with both federal and private loans.
  • Confer with OSFS colleagues to maintain awareness of big-picture trends and emerging developments on all topics related to medical school cost, debt, and the financial aid landscape.

Benefits

  • Comprehensive Health & Wellness – Medical, dental, and vision coverage; wellness programs; and fitness reimbursement
  • Generous Time Away – Paid time off, holidays, personal days, sick leave, paid parental leave and short‑ and long‑term disability benefits.
  • Retirement & Financial Well-Being – 403(b) retirement plan with generous employer contributions and financial planning resources
  • Family & Care Support – Backup care for children, elders, and pets, plus resources for families with specialized needs
  • Learning & Purpose: Tuition reimbursement, professional learning and development opportunities and the chance to advance a meaningful mission.
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