This position is located in the Small Business Administration, Santa Ana National Disaster Loan Resolution Center in Santa Ana, CA. The incumbent serves as a Loan Specialist and is responsible for servicing or liquidating a full range of disaster business and home loans.

Duties

As a Loan Specialist, GS-1165-09, you will be responsible for: Reviewing routine and standard consumer and commercial loan documents and determines SBA's rights in the collateral. Inventories collateral to ensure that all pledged property is available or duly accounted for. Obtaining appraisals and liquidating value of the inventoried property. Preparing 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. Reviewing charged off consumer and commercial loans that are subject to periodic review to endeavor to discover assets that may be available. Analyzing 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. Working closely with financial institutions and other commercial entities. Investigating and determining 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. Providing necessary information as needed to legal staff in preparing various releases and other documents to be executed on behalf of SBA. Supplying information necessary for filing lawsuits against obligors on behalf of the Agency.

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

Specialized Experience for GS-09: One year of specialized experience, equivalent to the GS-07 grade level in the Federal service, obtained in either the private or public sector: providing analysis of loss mitigation strategies to include loan write-off or foreclosure actions; and ordering credit reports, property reports, collateral valuation reports and other data as required by action(s) taken; and conducting loan review analysis to determine equity position and documents review on loan tracking platform; and reviewing loan file for accuracy of submitted documents on a variety of loan resolution strategies and contacts borrower for follow up; and interacting with Loan Servicing Assistant, Senior Loan Specialist and Supervisor throughout loan resolution life cycle; and use of Microsoft office products and has ability to analyze title, credit, bankruptcy, loan documents and other documentation to determine recoverable value and resolution recommendations; and demonstrates knowledge of a variety of collateral, business types, loan programs and collection experiences. These qualifications must be clearly referenced in your resume. OR EDUCATION (see EDUCATION SECTION of the vacancy announcement) OR A combination of both education and experience in which the total percentages must equal at least 100 percent to qualify an applicant for that grade level. 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 03/15/2024.

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.

Education Substitution for Specialized Experience: 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 graduate level education leading to such a degree

OR

LL.B or J.D., if related.

OR

Combination of Experience and Education 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. Transcripts (official or unofficial must be submitted in support of this response. If selected, official transcripts will be required.

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 Santa Ana National Disaster Loan Resolution Center 200 W. Santa Ana Boulevard Suite 740 Santa Ana, CA 92701 US
• Name: Jessica Hunsicker
• Email: [email protected]