DEFINITION

Under  direction, performs work involved in providing  financial advice and counseling to individual property owners who have applied for various property and home improvement grants and loans;provides advice and counseling to individuals or businesses seeking commercial grants or loans;  performs  work involved  in reviewing  and/or processing of loans  and  grant applications and disbursement of funds;does other related duties.

NOTE:

‍The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification.  Conversely, not all duties performed on the job may be listed.

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EXAMPLES OF WORK:

• Interviews applicants and explains availability of financial programs; provides financial advice to property  owners, Individuals or business owners; describes program eligibility, benefits and procedures.
• Prepares and provides assistance in preparation of loan or grant applications
• Provides advice to property owners regarding methods by which to secure bids from contractors; may provide referrals to reliable Contractors
• Completes required documentation; obtains and investigates property owner's financial status; evaluates credit ratings; verifies employment, property ownership, income, and other Financial reports; and obtains appraisals when necessary to determine eligibility
• Conducts closings with property owners and contractors and completes final arrangements.
• Prepares correspondence.
• Prepares progress and other required reports.
• Reviews and verifies cost estimates provided by contractors and prepares cost estimates for improvements based thereon.
• Makes arrangements for property inspections prior, during and after completion of improvements; may participate in property inspection to ensure adherence to approved plans, codes and standards.
• Establishes and maintains essential records and files.May maintain a working  relationship with representatives of federal, state, and local agencies involved with existing or proposed programs for property improvement.
• May speak before civic, church, and community groups to inform them of programs, objectives, and procedures to be followed in applying for program benefits.
• Reviews completed loan and grant applications  to ensure conformity  with  applicable guidelines, rules, regulations,  and laws;  certifies loan and grant applications as to  completeness,conformity  with  regulations, availability of  funds  and  other conditions applicable to granting or denial of grants  and  loans prior to final approval.
• Will  be required to learn to utilize various types of electronic and/or  manual  recording and information  systems  used  by  the agency, office, or related units.

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REQUIREMENTS:

EXPERIENCE:

Three (3) years of experience in the review and approval of applications for consumer, real estate and/or commercial loans or credit,or in the preparation and processing of loan and/or grant applications, or in providing financial counseling and credit analysis to grant or loan applicants.

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LICENSE:

Appointee will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than  employee mobility,is necessary to perform the essential duties of the position.

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KNOWLEDGE AND ABILITIES:

• Knowledge of methods and techniques utilized to review, evaluate, approve, or disapprove loan and grant applications.
• Knowledge  of  problems involved in collection  and  analysis  of financial and credit information.
• Ability  to interview prospective applicants, explain details  of financial  assistance programs, and provide appropriate financial advice based on applicant's financial status.
• Ability to  obtain  and verify appropriate financial credit information and evaluate applicant's financial status in accord with established regulations and standards.
• Ability to perform mathematical calculations.
• Ability to read and interpret laws and regulations applicable to the administration of a loan/grant program,and apply them to specific situations.
• Ability to review, verify, and prepare cost estimates.
• Ability to prepare and provide assistance in preparation of loan or grant  applications and  in other appropriate documentation necessary to secure financial assistance.
• Ability to prepare correspondence and reports.
• Ability to work effectively with public, contractors, coworkers and others whose functions impact upon those of unit.
• Ability to organize  assigned work and develop  effective  work methods.
• Ability to establish and maintain essential records and files.\
• Ability to utilize various types of electronic and/or  manual recording  and information systems used by the agency, office or related units.
• Ability  to  read, write, speak, understand, and  communicate  in English  sufficiently  to perform the duties  of  this  position. American  Sign  Language or Braille may  also  be  considered  as acceptable forms of communication.
• Persons with mental or physical disabilities are eligible as long as  they  can  perform the essential functions of the  job  after reasonable  accommodation is made to their known limitations.  If the  accommodation  cannot be made because  it  would  cause  the employer undue hardship, such persons may not be eligible.

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Resumes should be sent to: Allison Ladd, Deputy Mayor/Director at ladda@ci.newark.nj.us