Education Financing & Debt Management Specialist

Association of American Medical Colleges • Washington DC, DC

4d • Remote

About The Position

Support all operational aspects of the organization's private lender collaboration that provides education financing options for medical students that need them. Provide primary support in establishing the collaboration Advisory Committee of external stakeholders to inform loan program strategy and ensure alignment with the evolving needs of private student loan borrowers. Monitors and interprets program data, metrics, and benchmarks to support progress toward objectives and contract deliverables. Collaborates with Office of Student Financial Services (OSFS) colleagues to support the development of timely educational resources on debt management, financial wellness, education financing and credit topics and coordinates communications to promote awareness of and engagement with these resources by 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.
• Ability to attend selected national conferences throughout the year

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 collaboration, including facilitating communication and coordination with vendor and managing the collaboration mailbox via writing, editing, and timely engagement.
• Partner with team and unit Director to ensure vendor activities are mission-aligned, including webinars and programming that inform medical school borrowers and financial aid professionals of partnership product offerings.
• Liaise with vendor and with internal stakeholders to ensure coordinated marketing activities and communications, organizational brand alignment, and timely dissemination of program information.
• Support future Advisory Committee activities designed to bring school financial aid perspective to the partnership loan product and its related marketing and communications efforts.
• 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 private student loan landscapes, including details of medical student-specific loans offered by other lenders.
• Assist with the review of 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 a primary contact for content and details of the AAMC Financial Wellness program, demonstrating sound content knowledge in communications with medical school financial aid professionals.
• Develop expertise in loan repayment scenarios including use of Med Loans Organizer and Calculator and how to interpret its 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level