Job opening: Loan Specialist
Salary: $114 332 - 148 636 per year
Published at: Mar 04 2024
Employment Type: Full-time
This position is with the Small Business Administration, Citrus Heights 7a Loan Guaranty Processing Center in Citrus Heights, California. Serves as senior loan specialist performing reviews to approve final administrative action on financial and lending activities assigned to the Center.
Duties
Reviews and checks the decisions made by the Center staff on 7a loan applications ensuring that the decisions are uniform and have been appropriately evaluated.
Ensures that all Center staff establishes appropriate terms and conditions for 7a transactions, which are optimal within SBA guidelines, and negotiates with lenders as required.
Analyzes the most complex and/or problematic 7a loan applications nationwide and related financial documents where extraordinary circumstances require an expert's opinion to determine the financial and credit merits of the application.
Conducts extensive investigations and analyses to determine the most appropriate action when there are serious and complex questions surrounding a 7a loan application or when the case requires especially sensitive handling because of political or other considerations.
Performs other duties as assigned.
This is a bargaining unit position with AFGE Local 228. This is not a drug testing designated position (TDP).
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-13
Specialized Experience: One year of specialized experience (equivalent to the GS-12 grade level in the Federal service) obtained in either the private or public sector as a loan processor, underwriter, financial analyst, portfolio manager, or other like position, with responsibility for determining eligibility, repayment ability, and overall credit worthiness on commercial loan applications for businesses with multiple owners, affiliated businesses, and other complicating factors including loan proceeds for business acquisitions and working capital.
These qualifications must be clearly referenced in 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 03/15/2024.
Education
Education may not be substituted for experience for this position.
Contacts
- Address Citrus Heights 7a Loan Guaranty Processing Center
6501 Sylvan Road
Suite 122
Citrus Heights, CA 95610
US
- Name: Kathleen Schrank
- Email: [email protected]
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