Job opening: Loan Assistant
Salary: $32 357 - 63 733 per year
Published at: Apr 12 2024
Employment Type: Full-time
This position located in a USDA Rural Development office and is developmental position leading through intervening level Loan Specialist (Realty), GS-1165-09, to the full performance level GS-1165-11. The employee receives assignments in the single family housing program designed to provide the incumbent with the necessary knowledge, skill, and ability to advance in the program.
Remote/Virtual: NO
Duties
Perform loan servicing assignments of limited scope and complexity.
Receive training to perform single family housing direct loan and grant processing.
Determine loan closing requirements to ensure security requirements are met.
Provide counsel on credit, budgeting and/or homeownership.
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.
- Employee must meet the licensing requirements for operation of a government-owned vehicle (GOV).
- 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. Applicants must meet one year at the next lower grade to be considered for the next higher grade.
For the GS-05 Grade Level: Applicants must possess one (1) year of specialized experience equivalent to at least then next lower grade level; or its non-Federal equivalent that demonstrates: three (3) years of progressively responsible general experience, one year of which was equivalent to at least the GS-4, that required (1) gathering and analyzing facts and figures, and presenting the information or conclusions in clear oral and written language; or (2) that provided a knowledge of the principles of financial analysis or of insurance laws, such as contract property, life, casualty, or marine insurance OR A 4-year course of study leading to a bachelor's degree OR Equivalent combination of education and experience are qualifying for this grade level.
For the GS-07 Grade Level: Applicants must possess one (1) year of specialized experience equivalent to at least the next lower grade level; or its non-Federal equivalent that demonstrates: one year of specialized experience equivalent in difficulty and responsibility to the GS-5 level in the Federal service or equivalent that demonstrates basic knowledge of loan examining and/or servicing principles, procedures and techniques as they apply to investigation, analysis, and evaluation of financial factors and credit risks in relation to granting and servicing of agricultural loans. Experience may have been gained in such work as assisting in reviewing and passing upon applications for agricultural loans; servicing an agricultural loan portfolio of a bank or other loan association; or similar work. In addition, this experience must demonstrate basic knowledge of farm operations, land use and value, production of various crops and livestock, and prices and markets in the farming area where loans are made and serviced; or similar work OR Completion of one full year of graduate level education; OR Superior Academic Achievement (SAA). Equivalent combination of education and experience are qualifying for this grade level.
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.
Education
This position does not have an education requirement, but education may be substituted for experience.
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
Contacts
- Address Rural Development
1400 Independence Ave SW
Washington, DC 20250
US
- Name: Frank Parker Jr
- Phone: 717-262-8009
- Email: [email protected]
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