Job opening: Pathways Recent Graduate - Loan Assistant/Specialist (Commercial)
Salary: $49 025 - 63 733 per year
Published at: May 22 2024
Employment Type: Full-time
This position is located within USDA Rural Development (RD) and serves as a Pathways Recent Graduate assisting higher graded technicians in performing a variety of technical and clerical support functions involving loan and/or grant programs. This position leads to a Loan Specialist, GS-1165-12 level.
This is NOT a remote/virtual position. Incumbent will be expected to report to the office.
This position may be eligible for hiring incentives.
Duties
Incumbent performs loan making and loan servicing activities within the RD loan and grant programs.
Regularly examines loan applications, supporting documents and credit reports to ensure creditworthiness, eligibility, feasibility, completeness and conformance with all RD requirements.
Performs servicing activities and conducts field visits as determined by the Centralized Servicing Center (CSC).
Prepares loan closing documents and reviews with applicant at the time of loan approval; reviews executed loan closing documents for completeness, accuracy and adherence to all program loan making requirements.
Requirements
- You must be a US Citizen.
- Males born after 12/31/1959 must be Selective Service registered or exempt
- Satisfactory Background investigation and/or fingerprint check
- Participants will serve a trial period for the duration of the excepted service appointment
- 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/
- A signed participant agreement is required for employment under the Pathways Program.
Qualifications
To be eligible, applicants must meet one of the following requirements;
Completed all requirements for an associates, bachelors, masters, professional, doctorate, vocational, or technical degree or certificate from a qualifying educational institution within the previous two (2) years; or
Individuals who, due to military service obligation, were precluded from applying to the Recent Graduates Program during any portion of the 2-year eligibility period described above shall have a full 2-year period of eligibility upon release or discharge from active duty. This eligibility period cannot extend more than 6 years from the date on which the requirements for the academic course of study were met.
In addition to meeting the eligibility requirements above, applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including specialized experience and/or education, as defined below.
GS-07 level: Applicants must possess one (1) year of specialized experience equivalent to at least the GS-05; or its non-Federal 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 the granting and servicing of mortgage loans. Experience may have been gained in work equivalent to furnishing general information concerning loan programs, loan eligibility requirements, or financial and credit requirements; reviewing loan applications for eligibility and financial soundness; and analyzing information provided by loan applicants and making recommendations to a higher-level loan specialist about loan eligibility OR completion of one full year of graduate level education OR Bachelor's degree with Superior Academic Achievement (SAA) in a related field (see below). Equivalent combination of education and experience are qualifying for this grade level.
Superior Academic Achievement is based on (1) class standing, (2) grade-point average, or (3) honor society membership.1. Class standing - Applicants must be in the upper third of the graduating class in the college, university, or major subdivision, based on completed courses.2. Grade-point average - Applicants must have a grade-point average of: 3.0 or higher out of a possible 4.0 as recorded on their official transcript, or as computed bases on 4 years of education, or as computed based on courses completed during the final two years of the curriculum; OR 3.5 or higher out of a possible 4.0 based on the average of the required courses completed in the major field or the required courses in the major field completed during the final 2 years of the curriculum.3. Election to membership in a national scholastic honor society.
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
Undergraduate and Graduate Education: Major study - finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other field related to the position, such as agriculture, agriculture economics, farm livestock and ranch management, or rural sociology.
Contacts
- Address Rural Development
1400 Independence Ave SW
Washington, DC 20250
US
- Name: Stacy Randle
- Phone: 406-585-2505
- Email: [email protected]