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Are you looking for a Loan Specialist (Commercial)? We suggest you consider a direct vacancy at Agriculture, Rural Development in Caro. The page displays the terms, salary level, and employer contacts Agriculture, Rural Development person

Job opening: Loan Specialist (Commercial)

Salary: $57 118 - 98 989 per year
City: Caro
Published at: Sep 19 2023
Employment Type: Full-time
This position is located in the Michigan State/Area Office in USDA/Rural Development (RD). It is a developmental position with duties designed to provide training and development to prepare the incumbent for advancement to the full promotion potential Loan Specialist (Commerical) GS-12. This is not a remote position; you will need to report to work at one of the Michigan locations listed.

Duties

The incumbent is delegated responsibility for the development, management, coordination and administration of an assigned loan and grant program. Conducts evaluation reviews of State-wide performance to determine the effectiveness of the Community and/or Business Programs services provided, adherence to program objectives and to assess trends. Provides guidance to Area Offices on application of new and/or revised Rural Development loan practices and procedures. Prepares standard operating procedures and provides technical oversight of Area Offices. Provides assistance to employees in the analysis of loan and grant applications. Analyzes loan and grant applications for eligibility and conformance with RD statutory regulations, policies, procedures and practices. Prepares written loan approval determinations or recommendations for loan approval and submits to approving official as appropriate. Develops, implements and coordinates a broad and aggressive marketing and outreach program to support all assigned programs.

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 time-in-grade restrictions, specialized experience and/or education, as defined below. 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 Master's or equivalent graduate degree in a related field (see https://www.opm.gov/policy-data- oversight/classification-qualifications/genera1-schedule-gualification-standards/1100/loa n-specialist­ series-1165/l. or 2 full years of progressively higher-level graduate education leading to such a degree, or LLB or J.D., if related GS-11 level: Applicants must have 1 year of specialized experience equivalent to at least the GS-09; or its non-Federal equivalent that demonstrate thorough knowledge and understanding of complex mortgage or commercial loan making/servicing and credit principles and practices in order to assess the fundamental soundness of business loans and loans to corporate and/or municipal entities and to independently examine applications and corporate financial documents, and maintain servicing activities on a variety of mortgage and commercial loans. Experience may have been gained in work equivalent to analyzing financial information provided by loan applicants, determining eligibility for loans and repayment ability, reviewing and approving applications for agricultural, commercial, and bank loans; servicing a loan portfolio of a bank and other loan association: performing financial analysis of commercial concerns for investment purposes; appraising real estate and business property to determine property valuation; or similar work; OR Ph.D. or equivalent doctoral degree OR 3 full years of progressively higher level graduate education leading to such a degree or LL.M., if related 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, knowledge, and skills and can provide valuable training and experience that translates directly o paid employment. You will receive credit for all qualifying experience, including volunteer experience.Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including time-in-grade restrictions, specialized experience and/or education, as defined below.

Education

There is no education qualification requirement for this position.

Contacts

  • Address Rural Development 1400 Independence Ave SW Washington, DC 20250 US
  • Name: Michelle Haug
  • Phone: 00000000
  • Email: [email protected]

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