POSITION TITLE: Bank On Salt Lake Fellow

About NeighborWorks Salt Lake

NeighborWorks Salt Lake (NWSL), a 501(c)(3) non-profit founded in 1977, is dedicated to revitalizing Salt Lake’s neighborhoods “house by house, block by block.” Our mission is to create opportunities through affordable housing, resident leadership, youth development, and economic empowerment. We deliver impactful programs, including affordable housing development (e.g., Community Land Trust, Single Family, Townhomes), YouthWorks leadership training, CareerWorks workforce development, financial education, home improvement loans, down payment assistance grants, Affordable Housing Mission Investment (AHMI) lending, and economic development. NeighborWorks Salt Lake partners with residents, government, and businesses to build thriving, inclusive communities.

Overview
The Bank On Fellow will be a member of the Bank On Fellowship cohort and will work collaboratively to provide leadership to Bank On Salt Lake initiative to make significant advancements in local banking access efforts. The Fellow will be responsible for directing and realizing the vision of Bank On Salt Lake, overseeing day-to-day operations, and coordinating with the CFE Fund. This fellowship is a minimum two-year commitment, with the expectation to continue to lead the Bank On coalition beyond the Fellowship.

Key Responsibilities

• COALITION MANAGEMENT: Cultivate new and existing relationships with local, regional, and national partners including city, county and state officials; banks and credit unions; community organizations; researchers and advocates; and banking regulators including the Federal Deposit Insurance Corporation, Federal Reserve Bank, Office of the Comptroller of the Currency, Department of the Treasury, and National Credit Union Administration

• BANK ON NATIONAL ACCOUNT STANDARDS: Work with financial institutions who do not yet offer nationally certified products that meet the Bank On National Account Standardsto achieve certification.

• PARTNERSHIP INTEGRATION: Identify and cultivate opportunities to incorporate banking access into existing program infrastructure. Work with program partners to implement successful integrations. Lead meetings with senior staff within municipal agencies, financial institutions, and community-based organizations to develop and advance local coalition initiatives.

• PROGRAM ADMINISTRATION: Design Bank On Coalition strategy, manage Bank On program budget, oversee Bank On Coalition member efforts.

• DATA: Track, analyze and report data about Bank On activities.

• CONTENT EXPERTISE: Serve as a resource to the community around banking and financial empowerment issues.

• SUSTAINABILITY AND FUNDRAISING: Identify and cultivate relationships with local funders and public funding source entities to seek ongoing public and private support to ensure program remains financially sustainable. Identify and leverage opportunities for in-kind and pro bono support for the program.

• MARKETING/MEDIA: Create an appropriate marketing and outreach strategy to reach unbanked local residents. Incorporate public service messages to encourage opening of safe and affordable accounts.

• TRAINING: Work with relevant partners to ensure awareness about and accessibility to certified banking products. Lead forums and manage external relationships to communicate the value and mission of the Bank On program.

• LEARNING COMMUNITY: Work with the CFE Fund to inform the local Bank On program model and coordinate the Fellowship cohort initiative. Actively participate in Bank On Fellows learning community opportunities. Assist in reporting to the CFE Fund on Fellowship activities and program progress.

• COMPLEMENT BANKING ACCESS GOALS: Train program partners who will engage clients around financial education and banking access issues.

• TRAVEL AND VIRTUAL CONVENING: As applicable, some national and local travel, as well as at least one mandatory in-person training in September 2023.

*This job description is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.

Qualifications

• Bachelors degree or at least six years of relevant experience in lieu of a degree

• Masters degree in Business, Social Science, Public Administration or a field directly related to the type of work performed preferred

Experience

• Minimum of five years of relevant professional experience working with a range of stakeholders, including senior-level government partners, financial institutions, and/or community-based organizations

• Minimum of two years experience independently running a program or project required

• Deep relationships/network with community, including financial institutions, community-based organizations and local government strongly preferred.

• Familiarity with financial empowerment issues including banking, mainstream financial products, and Community Reinvestment Act preferred

• Familiarity with challenges facing unbanked/underbanked individuals preferred

• Strong background in community organizing, coalition management, or multi-sector collaboration required

• Experience with public speaking and communications experience required

• Experience in grant writing/budget management preferred

Skills

• Advanced interpersonal and communication skills with the ability to work closely with a wide range of constituents, including comfort leading meetings with senior-level staff within municipal agencies, financial institutions, government partners, funders, and community-based organizations required

• Excellent written and presentation skills required

• Compassion and understanding of the social issues/structures surrounding the complexities of being unbanked.

Benefits:

• 401(k) matching

• Dental insurance

• Health insurance

• Health savings account

• Mileage reimbursement

• Paid time off

• Professional development assistance

• Vision insurance

Work Location: In person