Job opening: Loan Specialist
Salary: $84 366 - 109 673 per year
Published at: Mar 14 2024
Employment Type: Full-time
This position is located in the Small Business Administration, Santa Ana National Disaster Loan Resolution Center(NDLRC) in Santa Ana, CA. The mission of the Office of Capital Access (OCA) is to help make capital available through lenders to small businesses. The NDLRC assist customers from the time the proceeds of a disaster loan are disbursed until the loan is paid off. Incumbent will be responsible for servicing or liquidating a full range of disaster business and home loans.
Duties
As a Loan Specialist, GS-1165-11, you will perform the following duties:
Reviews a variety of consumer and commercial loan documents, most of which include consideration and evaluation of complicating factors and determines Small Business Administration's rights in the collateral.
Analyzes 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.
Prepares written credit recommendations and obtains supervisory approval on a variety of collection as well as real estate transactions.
Provides necessary information as needed to legal staff in preparing various releases and other documents to be executed on behalf of Small Business Administration.
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-11: One year of specialized experience, equivalent to the GS-09 grade level in the Federal service, obtained in either the private or public sector:
performing in-depth analysis of obligor's financial statements and earning potential of a variety of business enterprises to make recommendations for commercial business loan applications or servicing/liquidation actions; and
reviewing/analyzing a variety of collateral, business types, loan programs and general economic conditions.
These qualifications must be clearly referenced in your resume.
OR
Education (see EDUCATION SECTION below)
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 03/29/2024.
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 Ph.D. or equivalent doctoral degree from an accredited college or university, or three full years of progressively higher-level graduate education leading to such a degree or LL.M. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. Transcripts (official or unofficial) must be submitted in support of this option. If selected, official transcripts will be required.
OR
Combination of Experience and Education as specified above. For example, an applicant who has 1.5 full years of Ph.D. 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.
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]
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