Job opening: LOAN SPECIALIST (COMMERCIAL)
Salary: $57 118 - 74 250 per year
Published at: Sep 11 2023
Employment Type: Full-time
This position is located in an Area Office in USDA/Rural Development (RD). It is a developmental position with duties designed for advancement to the next level of Loan Specialist, GS-1165-9.
The selectee will report to the applicable area office USDA-RD office in their current location, as available.
Remote: No
Duties
The incumbent deals with loans either made or guaranteed by the government and grants for very small commercial loans and grants.
Reviews and analyzes preapplications, applications and all supporting documents to determine loan or grant eligibility.
Analyzes financial and credit data documents to make sound eligibility, feasibility, and credit-worthiness determinations and takes appropriate action for orderly processing of the loan and/or grant.
Prepares written loan/grant recommendations and submits to supervisor for review.
Provides a wide variety of servicing actions for assigned less difficult loan cases.
Requirements
- You must be a US Citizen or US National
- Males born after 12/31/1959 must be Selective Service registered or exempt
- Subject to satisfactory adjudication of background investigation and/or fingerprint check
- Successful completion of one-year probationary period, unless previously served.
- Direct Deposit - Per Public Law 104-134 all Federal employees are required to have federal payments made by direct deposit to their financial institution
- Successfully pass the E-Verify employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit E-Verify at https://www.e-verify.gov/
Qualifications
Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including specialized experience and/or education, as defined below.
For the GS-9 level: Applicants must have 1 year of specialized experience equivalent to at least the GS- 07; or its non-Federal equivalent that demonstrate experience assisting higher graded specialists with loan underwriting, for example, experience processing single family loans up to the point of final approval by a specialist with loan approval authority, i.e., examining applications, credit reports and other supporting documents; or assisting loan specialists with servicing activities on commercial loans for small projects. OR Masters or equivalent graduate degree in a related field, or 2 full years of progressively higher-level graduate education leading to such a degree, or LLB or J.D., if related (see qualifying fields of study below). OR a combination of education as described and specialized experience.
NOTE: To be considered for this position, you must meet all qualification and eligibility requirements for the GS-1165 series set forth in the Office of Personnel Management (OPM) Qualification Standards by the closing date of the announcement. A copy is available at: https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards
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 and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Education
Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.
Combining Education and Experience: Combinations of successfully completed post-high school education and experience may be used to meet total qualification requirements. Determine your qualifying experience as a percentage of the experience required. Determine your education as a percentage of the education required. Add the two percentages. The total percentage must equal at least 100 percent. Only graduate education in excess of the amount required for the next lower grade level may be used to qualify applicants for positions at grades GS-9 and GS-11
Contacts
- Address Rural Development
1400 Independence Ave SW
Washington, DC 20250
US
- Name: Frank Parker Jr
- Phone: 717-262-8009
- Email: [email protected]