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Job opening: Loan Specialist (Realty)

Salary: $72 553 - 94 317 per year
Published at: Mar 05 2024
Employment Type: Full-time
This position is located in Minnesota State or Area Office in USDA/Rural Development (RD). This vacancy is to fill (1) position in the location listed above. Must report for work to any of the listed duty locations. This is not a remote position. .

Duties

Incumbent serves as a senior operating loan specialist responsible for the execution of applicable Single-Family Housing (SFH) loan and grant programs. Maintains partnerships, leverages additional sources of assistance, and performs marketing/outreach work as required for the success of the program; executes assigned home loans and repair loans and grants. Analyzes annual financial statements and reports on closed loans. Conducts security reviews on rural utility, community facility, and business projects. Administers the SFH repair loan and grant program for an assigned area. Executes repair loans and grants for single family dwellings.

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 https://www.e-verify.gov/.

Qualifications

Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including time-in-grade restrictions, specialized experience and/or education, as defined below. Time in grade: Current federal employees applying for a promotion opportunity must meet time-in-grade (TIG) requirement of 52 weeks of service at the next lower grade level in the normal line of progression for the position being filled. GS-11 level: Applicants must have 1 year of specialized experience equivalent to at least the GS-09; or its non-Federal equivalent that demonstrates experience evaluating financial situations, credit risk factors and researching and applying various laws, rules, and regulations pertaining to credit; experience in reviewing and evaluating loan and/or grant applications to determine eligibility and the approval/disapproval of housing loan applications; experience providing loan closing instructions to attorneys and title companies and with legal instruments and documents used in making and servicing housing loans; conducting on-site inspections to determine whether a property is occupied, etc.; evaluating repair proposals and property values for compliance with applicable laws, regulations, directives, etc., and for overall feasibility and soundness of economic factors; ensuring required environmental assessments are conducted and meet requirements; reviewing for approvals of repair project costs OR Ph.D. or equivalent doctoral degree OR 3 full years of progressively higher-level graduate education leading to such a degree or LL.M.,if related OR a combination of education as described and specialized experience. Equivalent combination of experience and education are qualifying at this grade level. 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.

Contacts

  • Address Rural Development 1400 Independence Ave SW Washington, DC 20250 US
  • Name: CYNTHIA JONES
  • Phone: 0000000000
  • Email: [email protected]

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