Community Development Officer

Financial Resources FCU has been designated one of the Best Places to Work in NJ since 2022! At FRFCU, we are "putting people first" and that starts with our employees! Come see why our team members have voted us for Best Places to Work in NJ!

Financial Resources is a not-for-profit federal credit union with locations in Somerset, Hunterdon, Middlesex, Union and Hudson Counties. With a history of serving our members for more than 100 years, we have grown to more than $650 million in assets serving more than 29,000 members with 6 public access branches and a team of 100 employees. We are available Nationwide!

At FRFCU, we are on a mission to assist our Underserved Areas in our Field of Membership and we are excited to announce this new opportunity to be a part of Making a Difference in Peoples' Lives!

We are looking for a Community Development Officer to join our team!

As the Community Development Officer, you will be responsible for managing our CDFI grant initiatives, building strategic partnerships with trade schools, non-profit organizations and overseeing our Financial Empowerment Program. You will make a significant impact in empowering individuals and strengthening communities by providing access to financial resources, education and support. This position will be expected to be out in the community and our branches and will not have a fixed office. We are headquartered in Branchburg with additional branch locations in Jersey City, Elizabeth, Green Brook, Somerset and Flemington.

We are looking for someone that exhibits the following competencies:

• Caring
• Initiative
• Ethics
• Job Knowledge
• Self-Development
• Teamwork
• Customer Service
• Productivity
• Problem Solving
• Communication

Some of your responsibilities will include, but are not limited to:

• Build and cultivate relationships with trade schools and educational institutions - Promote and market our specialized loan programs to help students pay for schooling while supplementing wages
• Collaborate with schools to create financial literacy workshops and resources for students, enabling them to make informed financial decisions
• Lead, manage and grow the Credit Union’s Financial Empowerment Program (FEP), ensuring it meets the needs of underserved communicates and the membership of the credit union
• Develop and implement strategies to provide financial education and coaching to members and community partners
• Collaborate with internal teams to ensure the FEP is aligned with Credit Union objectives and accessible in the community
• Build and strengthen relationships with local non-profit organizations to identify ways the Credit Union can support their clients
• Work with non-profit, and internal, partners to create new programs that can enhance financial well-being within the community
• Serve as the Credit Union’s primary ambassador for community development within underserved areas
• Attend community events, local meetings and networking opportunities to represent the Credit Union’s purpose, guiding principles and initiatives
• Track the success and impact of community programs and partnerships
• Advocate for and promote the Credit Union’s products and services to grow membership with internal management partners
• Report on the progress of CDFI grant initiatives, ensuring funds are used effectively to support program goals and outcomes
• Stay current on CDFI funding opportunities and assist with grant applications as needed
• Identify volunteering opportunities with non-profit partners

What we offer to our team members:

• A competitive salary
• Generous paid time off
• Health, dental and vision plans for employees and their families
• Health Savings and Flex Spending Accounts
• Short and Long Term Disability Programs
• Parental Leave Programs
• 401K with employer match and potential for additional profit-sharing contributions
• Paid volunteer days
• Opportunities for career advancement and continuous learning and development and tuition reimbursement
• Work/Life Balance Programs

We ask that you:

• 3-5 years of experience in community development, financial services, non-profit partners or a related field
• Bachelor’s Degree in a Social Service field or equivalent work experience in lieu of degree
• Proven experience establishing partnerships and managing community outreach programs
• Strong knowledge of financial products and services
• Excellent interpersonal and communication skills with the ability to engage and build relationships with diverse stakeholders
• Passion for community empowerment, social justice and helping individuals and families achieve financial stability
• Strong organizational and project management skills with the ability to handles multiple initiatives simultaneously

If you have a passion for helping people, you may be right for this role. Please apply and lets discuss!