In the continuing aftershocks of the financial crisis, Wall Street has become a by-word for excessive risk, over-compensation, and fallen ethics. As a church where many financial professionals attend, how can we thoughtfully respond to the question: “Does my work have a redemptive purpose in light of the gospel?”
Redeemer’s Financial Services Ministry, one of the larger vocational groups sponsored by the Center for Faith & Work, has moved to address that question in a deeper way. This February FSM launched the second annual Faith & Finance Leadership Class with 22 participants committed to attending six Thursday night sessions, a Saturday class, and a weekend leadership retreat, over an intensive eight-week period.
The class is structured around Redeemer’s core understanding that the gospel will transform our hearts, community, and world. Each session begins in prayer to “open our hearts” to God’s leading, a mid-class pause for individual and corporate confession, and a closing prayerful contemplation of a relevant Scriptural passage. Participants have drafted personal mission statements, brainstormed as a group to contrast the financial services worldview with a gospel worldview, and discussed Biblical principles of gleaning, Sabbath, and Jubilee. Class members also receive a daily emailed devotional focusing on Biblical reflection on finance.
The culmination of the class is a leadership retreat in the Poconos. This year’s group will join the leaders from last year’s class to form working groups addressing such topics as developing well-structured compensation, truth-telling in a competitive environment, igniting a prayer movement in the financial industry, and connecting people in the industry towards the greater purpose of finance.
We ask you to join us in prayer for a financial industry reoriented to the storyline of economic flourishing and Biblical shalom as our Redeemer financial community grows.