Loan & Finance Assistant, Application Close: March 20, 2024

Ministry Team
Church Building & Loan Fund
Reports To
Executive Director (ED) and Associate Director Strategic Initiatives (ADSI)
FLSA Status
Exempt
Salary Grade
7
Full-Time/Part-Time
Full-Time
Category
National and Global Ministries, Cleveland, Ohio
Starting Salary
$57,000
Description
GENERAL PURPOSE OF POSITION:
The United Church of Christ, Church Building and Loan Fund (CB&LF) is dedicated to assisting new local congregations with the purchase of their first building. This is accomplished in partnership with the congregation and the Conference. In conducting its mission and ministry it seeks to develop mature and vital, multicultural, multiracial, accessible to all, justice oriented UCC congregations from young or renewing churches.
The general purpose of this position is to assist in the areas of loan and finance under the guidance of the Senior Loan Administrator and Controller including but not limited to providing support for maintaining the service of new loans on mortgage accounting software for the life of the loan, assist with data preparation for audits and processing invoices, expense forms and requests for payments.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
Loans:

• Good working knowledge of, and previous experience in mortgage banking and loan servicing procedures.
• Maintain servicing of new loans on mortgage accounting software for the life of loan (posting payments, disbursements, and managing the process for updating account records.
• Tracks security documents (follow-up to assure all original documents [promissory note, deed of trust, final ALTA policy, hazard insurance] are received).
• Have a clear understanding of the nuances of church building loans (vs loans by traditional banks and other lenders); the products and services tailored to church borrowers, and the needs, challenges, and opportunities in the field of church-owned real estate.

Finance:

• Familiarity with basic accounting principles.
• Receiving and processing all invoices, expense forms and request for payments.
• Post cash receipts activities to ensure integrity of controls and timely and accurate completion of reconciliations.
• Assist with data preparation required by independent auditors.
• Ability to relate and clearly communicate with operating management, financial staff and other departments.

Position Requirements
MINIMUM QUALIFICATIONS:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Bachelor's degree in business; in lieu of a degree, experience in mortgage banking and loan servicing procedures.
• Good working knowledge of, and previous experience in mortgage banking and loan servicing procedures.
• A clear understanding of the nuances of church building loans (vs loans by traditional banks and other lenders); the products and services tailored to church borrowers, and the needs, challenges, and opportunities in the field of church-owned real estate.
• Knowledge of housing, economic/community development financing; familiarity with such loans that may have multiple sources of debt and equity possibly including church loan funds, tax credits, public and private grant subsidies, with experience in closing such loans.
• Strong work ethic exhibiting a sense of urgency in completion of tasks and willingness to work a flexible schedule.
• Self-starter with ability to handle multiple tasks and prioritize workload and remain motivated and positive. Well organized and detail-oriented, and exceptional time management.
• Willingness to take appropriate initiative for the effective operation of the Fund;
• Excellent written and verbal communication skills paired with Excellent proofreading and editing skills.
• Ability to perform within a collaborative team-oriented office;
• Extensive experience and proficiency in MS Word, Excel, Outlook, Adobe, Loan Processing software and Web-based programs.
• Commitment and sensitivity to the variety of local church traditions and cultural and ethnic backgrounds represented in the United Church of Christ.
• Clear understanding of the need for confidentiality.
• Assists Staff in performing other servicing related duties as requested and assigned.
• Understanding of and commitment to the mission of the Church, with a knowledge of, or a willingness to learn about the history and polity of the United Church of Christ and of the history, purpose, and programs of Church Building & Loan Fund
• Desire and sensitivity to work in diverse racial, ethnic, cultural and religious settings with commitment to diversity in the workplace as well as an understanding of mission.

This position is Cleveland-based and requires a minimum of 3 days in office work on a hybrid schedule.
Protecting the health and safety of our employees is a top priority. COVID-19 vaccination is required for employment and proof of record will be requested during the onboarding process.
This job description is not intended to be a complete list of all duties and responsibilities required for the position and are subject to review and change at any time in accordance with the needs of the ministry. Since no job description can detail all duties and responsibilities that may be required from time to time in the performance of a position, duties and responsibilities that may be inherent in a position shall also be considered part of the position holder's responsibility.
It is expected that the person who holds this position will conduct themselves in a manner consistent with the policies of the UCC and in a manner that will reflect positively on the organization. All staff are encouraged to nurture safety within the work performed on behalf of the UCC by being attentive to self-care, education, maintaining appropriate boundaries, and the importance of referring those in need to supportive and helpful resources.
Comprehensive Benefits Package
Employer paid health, dental, life, pension benefits
Application Deadline
March 20, 2024
About the Organization
The United Church of Christ
Our faith is 2000 years old. Our thinking is not.
We believe in God's Continuing Testament.
We believe in Extravagant Welcome
We believe the church's mission is to Change Lives
EOE Statement
The United Church of Christ National Setting celebrates diversity and an inclusive environment for all employees. We are committed to a workforce that is representative, at all job levels, of the broad spectrum of our diverse society. We endeavor to recruit employees from backgrounds that vary by race, color, national origin, ethnicity, gender, gender identity and expression, age, sexual orientation, disability, marital status, genetic information, past, present or future service in the uniformed services, religion, or any other legally protected characteristic under applicable federal, state or local law. We are proud to be a multicultural, multiracial, open and affirming, accessible to all, equal opportunity employer.
This position is currently accepting applications.