Financial Coach (Bilingual-Spanish/English)

sermetro•Detroit, MI

About The Position

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.

Requirements

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

Nice To Haves

Certified Financial Planner preferred.

Responsibilities

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