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

Reviews a variety of consumer and commercial loan documents, most of which include consideration and evaluation of complicating factors and determines SBA's rights in the collateral. Inventories collateral to assure that all pledged property is available or duly accounted for. Obtains appraisals and liquidating value of the inventoried property. Investigates and determines financial responsibility of obligors who may be liable for the payment of indebtedness for use in connection with recommending collection procedures, or legal action to enforce payment. 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 collateral has been disposed of or where SBA deems 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. Negotiates with obligors for compromise agreements in cases of extreme hardship; evaluates requests for releases of lien, and/or obligor in order to obtain the greatest possible recovery for the Agency. Provides necessary information as needed to legal staff in preparing various releases and other documents to be executed on behalf of SBA. Supplies information necessary for filing lawsuits against obligors on behalf of the Agency.

Requirements

• You must be a U.S. Citizen.
• You must be a current SBA career/conditional competitive service employee.
• You must successfully complete a background investigation.
• You may be required to serve a one-year probationary period.

Qualifications

GS-12: One year of specialized experience, equivalent to the GS-11 grade level in the Federal service, obtained in either the private or public sector: performing the duties that include following the established procedures in the servicing, collection, and liquidation actions of the more complex and problematic business and home loan applications; reviewing and analyzing the financial conditions of borrowers to detect financial trends and initiate corrective action; and assisting in drafting and editing standard loan documents, reports, and/or correspondence. 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. TIME-IN-GRADE: If you are a current career or career-conditional federal employee applying for promotion under Merit Promotion you must have completed a minimum of 52 weeks in positions at the next level lower than the position being filled All qualification requirements must be met by 11:59 pm (Eastern Time) on 02/01/2024 of this vacancy announcement.

Education

Education may not be substituted for experience for this 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]