Over 1 Million Paying Vacancies Available. Discover Your Dream Vacancy with Us!

Are you looking for a Loan Specialist (Commercial)? We suggest you consider a direct vacancy at Small Business Administration in Hazard. The page displays the terms, salary level, and employer contacts Small Business Administration person

Job opening: Loan Specialist (Commercial)

Salary: $69 107 - 89 835 per year
City: Hazard
Published at: Sep 11 2023
Employment Type: Full-time
This is a bargaining unit position with AFGE Local 228. This is not a drug testing designated position (TDP). This position is located in the Small Business Administration, Hazard 7a Loan Processing Center in Hazard, KY. The incumbent will be stationed in the LGPC located in Hazard, KY processing 7(a) loan guaranty applications evaluating loan applications for program eligibility & creditworthiness.

Duties

Analyzes a wide variety of commercial loan applications characterized by varying corporate and financial structures, and which might contain limited financial data. Evaluates commercial loan requests to determine applicants' eligibility and proper loan structure, including capital injection, collateral, and other requirements. Assesses managements' experience and past performance, to determine the potential for successful operation of the applicant business entity. Investigates essential commercial credit factors to determine the merits of granting loan guaranties with reasonable assurance of repayment of proposed loan proceeds.

Requirements

  • You must be a U.S. Citizen
  • You must successfully complete a background investigation.
  • You may be required to serve a one-year probationary period.

Qualifications

GS-11: One year of specialized experience (equivalent to the GS-9 grade level in the Federal service) obtained in either the private or public sector as a loan processor, underwriter, financial analyst, portfolio manager, or other like position, with responsibility for making repayment and eligibility recommendations on routine commercial loan application packages characterize by simple ownership structures and lack of affiliation with other business entities. These qualifications must be clearly referenced in your resume. Additional information on the qualification requirements is outlined in the OPM Qualifications Standards Handbook of General Schedule Positions. It is available for your review on OPM's Qualifications web site: Loan Specialist Series, 1165 Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g. Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. All qualification requirements must be met by 11:59 pm (Eastern Time) on 09/15/2023.

Education

If you do not meet the specialized experience requirements, you may also qualify with education. You MUST submit transcripts (official or unofficial) with this application if you wish to qualify based on education.

GS-11: A Ph.D. or equivalent doctoral degree or three full years of progressively higher-level graduate education leading to such a degree or LL.M. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. Transcripts (official or unofficial must be submitted in support of this response. If selected, official transcripts will be required.

Combination of Experience and Education:

GS-11: A combination of related graduate education and specialized experience as specified above. For example, an applicant who has 1.5 full years of Ph.D. level education (i.e. 50% of education required) and 6 months of creditable specialized experience (i.e. 50% of the required experience) would equal 100% of the required experience for the position. Transcripts (official or unofficial must be submitted in support of this response. If selected, official transcripts will be required.

APPLICANTS PLEASE NOTE: Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications (particularly positions with a positive education requirement.) Therefore, applicants must report only attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education. Verify School accreditation. All education claimed by applicants will be verified by the appointing agency accordingly. *** If you are using foreign education to meet qualification requirements, you must send a Certificate of Foreign Equivalency with your transcript in order to receive credit for that education. *** For further information, click on: Foreign Education.

Contacts

  • Address Hazard 7a Loan Processing Center 262 Black Gold Blvd Hazard, KY 41701 US
  • Name: Aquila Bernard
  • Email: [email protected]

Map

Similar vacancies

Loan Specialist (Commercial) Sep 05 2023
$69 107 - 89 835

Analyzes a wide variety of commercial loan applications characterized by varying corporate and financial structures, and which might contain limited financial data. Evaluates commercial loan reques...

Loan Specialist (Commercial) Feb 07 2024
$59 966 - 77 955

* Evaluates commercial loan requests which might contain limited information, and investigates essential application characteristics to determine if the applicant business is eligible for the 7(a)/504...

Loan Specialist (Commercial) Feb 07 2024
$59 966 - 77 955

* Evaluates commercial loan requests which might contain limited information, and investigates essential application characteristics to determine if the applicant business is eligible for the 7(a)/504...