Job opening: Loan Assistant
Salary: $51 241 - 66 612 per year
Published at: Dec 07 2023
Employment Type: Full-time
This position is located in the State Office of New Jersey, in USDA/Rural Development (RD). The incumbent performs loan servicing assignments of limited scope and complexity for loan and grant underwriting and/or servicing for rural facilities and rural utilities (CP) and rural businesses (BP) to contribute to the development of the employee.
Duties
Reviews and analyzes pre-applications, applications and all supporting documents to determine loan or grant eligibility.
Prepares written loan/grant recommendations for assigned rural utilities and rural businesses loans and grants.
Conducts security reviews on rural utility, community facility, and business projects.
Works with a program specialist and/or supervisor in the development and implementation of an outreach and marketing program for the servicing area.
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 GS-07 level: Applicants must have one (1) year of specialized experience equivalent to at least the next lower grade level GS-05; or its non-Federal equivalent that demonstrates: Basic knowledge of loan examining and/or servicing principles, procedures and techniques as they apply to investigation, analysis, and evaluation of financial factors and credit risks in relation to the granting and servicing of mortgage loans. Experience may have been gained in work equivalent to furnishing general information concerning loan programs, eligibility requirements, financial and credit requirements; reviewing loan applications for eligibility and financial soundness; and analyzing information provided by loan applicant and making recommendations to a higher-level loan specialist about loan eligibility OR 1 full year of graduate level education OR superior academic achievement OR an equivalent combination of experience and 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.
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
This job does not have an education qualification requirement.
Contacts
- Address Rural Development
1400 Independence Ave SW
Washington, DC 20250
US
- Name: Barbara Rivera
- Email: [email protected]
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