Job opening: LOAN ASSISTANT/SPECIALIST
Salary: $49 025 - 86 670 per year
Published at: Jun 14 2024
Employment Type: Full-time
This position is located in a State or Area office in USDA/Rural Development (RD). The incumbent has responsibility for making and servicing loans and/or grants for rural facilities, utilities, and/or businesses. The incumbent processes small commercial and/or business loans and/or grants that are made or guaranteed by the government.
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THIS IS NOT A REMOTE POSITION; INCUMBENT WILL BE REQUIRED TO REPORT TO STATE AREA OFFICE.
Duties
Reviews and analyzes preapplications, applications and all supporting documents to determine loan or grant eligibility and inputs data into appropriate automated database system.
Prepares written loan/grant recommendations and submits to supervisor for review.
Provides a wide variety of servicing actions for assigned less difficult loan cases.
Works with a program specialist and/or supervisor in the development and implementation of an outreach and marketing program for the servicing area.
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.
For the GS-7 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: 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 and/or commercial loans. Experience may have been gained in work equivalent to furnishing general information concerning loan programs, eligibility requirements, financial and credit requirements; reviewing loan applications for eligibility and financial soundness; and analyzing information provided by loan applicant and making recommendations to a higher-level loan specialist about loan eligibility; OR possess one (1) full year of graduate level education or Superior Academic Achievement (see definition of S.A.A. below) (see qualifying fields of study below); OR an equivalent combination of experience and education as noted above are acceptable.
For the GS-9 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: Assisting higher graded specialists with loan underwriting, for example, experience processing loans up to the point of final approval by a specialist with loan approval authority, i.e., examining applications, credit reports and other supporting documents; or assisting loan specialists with servicing activities on commercial loans for small projects. OR Masters or equivalent graduate degree in a related field, or 2 full years of progressively higher-level graduate education leading to such a degree, or LLB or J.D., if related (see qualifying fields of study below). OR a combination of education as described and specialized experience.
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
A transcript must be submitted with your application if you are basing all or part of your qualifications on 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 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: Connie Stokes
- Phone: 0000000000
- Email: [email protected]