Job Role Description

Mortgage and Lending > Funder

Salary National Average

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45110.0000 53770.0000 64080.0000

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Short Description:

A Funder is responsible for evaluating and approving financial support for projects, programs, or organizations. They assess funding proposals, ensure alignment with funding guidelines, and manage the disbursement of funds. The role involves conducting due diligence, maintaining records of financial transactions, and collaborating with project teams to monitor the use and impact of the funds. Strong analytical and communication skills, along with a thorough understanding of budgeting and financial planning, are key to success in this role.

Duties / Responsibilities:

  • Review and assess grant applications or funding proposals to determine their eligibility and alignment with funding priorities.
  • Distribute funding to approved projects, organizations, or programs, ensuring compliance with funding guidelines and conditions.
  • Track the progress of funded projects, ensuring milestones and outcomes are being met and funds are utilized as intended.
  • Prepare detailed reports on the use of funds, outcomes achieved, and overall impact of funded programs.
  • Establish and update funding guidelines and eligibility criteria to ensure transparency and fairness in the allocation process.
  • Work closely with project leaders, non-profits, government agencies, and community groups to coordinate funding efforts.
  • Visit funded projects or organizations to evaluate their operations, verify the use of funds, and offer guidance as needed.
  • Ensure all funding activities adhere to legal, regulatory, and organizational policies and procedures.
  • Develop partnerships with community organizations, non-profits, and other potential grantees to encourage funding applications.
  • Support fundraising initiatives by researching and identifying potential funding sources and opportunities.

Skills / Requirements / Qualifications

  • Educational Background: Bachelor’s degree in Finance, Business Administration, Public Administration, Nonprofit Management, or a related field; a master’s degree is advantageous.
  • Experience in Grant Management: Proven experience in grant writing, fund distribution, or fundraising, often 2-5 years in a related role.
  • Strong Analytical Skills: Ability to evaluate funding proposals critically, analyze financial data, and assess project feasibility and impact.
  • Knowledge of Funding Regulations: Familiarity with relevant laws and regulations governing grants and funding, including compliance and reporting requirements.
  • Communication and Negotiation Skills: Excellent written and verbal communication skills for drafting funding proposals, reporting, and interacting with stakeholders.
  • Attention to Detail: High attention to detail to ensure accuracy in documentation, fund disbursement, and compliance reporting.
  • Budget Management: Competency in budgeting, financial oversight, and cost analysis to ensure funds are effectively allocated and monitored.
  • Project Management Skills: Ability to manage multiple funding projects simultaneously, coordinating with stakeholders and meeting deadlines.
  • Collaboration and Networking Skills: Strong interpersonal skills for building relationships with grant applicants, partners, and funding organizations.
  • Problem-Solving Abilities: Capability to troubleshoot issues related to fund allocation and usage, and provide guidance to funded organizations as needed.

Job Zones

  • Education: Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.
  • Related Experience: Previous work-related skill, knowledge, or experience is required for these occupations. 
  • Job Training: Employees in these occupations usually need one or two years of on-the-job experience and informal training with experienced workers. A recognized apprenticeship program may be associated with these occupations.
  • Job Zone Examples: These occupations usually involve communication and organizational skills to coordinate, supervise, manage, or train others to accomplish goals. Examples include food service managers, electricians, agricultural technicians, legal secretaries, interviewers, and insurance sales agents.
  • Specific Vocational Preparation in years: 1-2 years preparation (6.0 to < 7.0)

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