Job opening: Loan Specialist
Salary: $57 564 - 74 830 per year
Published at: Nov 22 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, Birmingham Disaster Loan Service Center in Birmingham, AL. Incumbent serves as a Loan Specialist and is responsible for servicing or liquidating a full range of disaster business and home loans.
Duties
Major Duties:
Analyzes financial statements of obligors and endeavors to determine their prospects for continued payment on consumer and commercial loans in connection with modifications of payments or other loan terms.
Works closely with financial institutions and other commercial entities.
Prepares written credit recommendations and obtains supervisory approval on a variety of collection as well as real estate transactions.
Prepares written recommendations for charge off actions on consumer and commercial loans where all collateral has been disposed of or where SBA determines that further liquidation of collateral is not economically feasible.
Reviews charged off consumer and commercial loans that are subject to periodic review to endeavor to discover assets that may be available.
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-9: One year of specialized experience, equivalent to the GS-7 grade level in the Federal service, obtained in either the private or public sector: , applying the knowledge of regulations and procedures governing the servicing, purchasing, and/or liquidation of consumer and commercial loans, analyzing, evaluating, and identifying financial management problems, and recommending appropriate action. This must be clearly referenced on 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 11/29/2023.
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-09: Successful completion of a master's or equivalent graduate degree in the following major field of study: finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics; or two (2) full years of progressively higher level graduate education leading to such a degree or LL.B. or J.D., if related.
Or
GS-09: Combination of education and experience as specified above. For example, an applicant who has 1.0 full year of Masters 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.
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 Birmingham Disaster Loan Service Center
2 North 20th Street
Suite 200
Birmingham, AL 35203
US
- Name: Aquila Bernard
- Email: [email protected]
Map