Job opening: Loan Specialist
Salary: $99 200 - 153 354 per year
Published at: Jul 16 2024
Employment Type: Full-time
This position is located in the Department of the Interior, Office of the Secretary, Assistant Secretary-Indian Affairs, Office of Indian Economic Development (OIED), Division of Capital Investment (DCI). The mission is to support American Indian / Alaska Native communities by providing access and utilization of financial resources for economic development. As Loan Specialist, you will be primarily responsible for strengthening, administering, and delivering DCI's programs and services.
Duties
Consults, assists, and secures project financing by analyzing, preparing, and presenting analysis of loan applications.
Prepares, reviews, and provides current, accurate and timely data to financial institutions, BIA management, lenders, and associates.
Analyzes and prepares financial reports on the merits of credit applications, examining eligibilities and all credit factors.
Recommends approval or denial of loan applications received from lenders and borrowers.
Analyzes, prepares, presents standardized credit analysis and reviews the credit analysis of other DCI staff in the context of a credit review committee.
Provides accurate supporting justification to address and mitigate terms and conditions suitable to protect the interest of DCI.
Consults and provides the DCI Chief with current, accurate, detailed, and substantive weekly activity reports.
Participates in discussions concerning policies developed or administered within the OIED that impact Indian economic development.
Communicates, explains, and promotes statutes, regulations, OIED programs, policies, and objectives associated with the IFA.
Complies with all applicable reporting requirements, audit inquiries, and legal requirements including without limitation to the Debt Collection Improvement Act.
Reviews program activities for purposes of the credit subsidy model prepared by the Office of Management and Budget and prepares monthly loan reports that emanate from the zones.
Requirements
- U.S. Citizenship Required
- Indian Preference applies - Preference in filling vacancies is given to qualified Indian candidates in accordance with the Indian Preference Act of 1934 (title 25, USC Section 472).
- You will be required to have federal payments made by Direct Deposit
- You may be required to successfully complete a probationary/trial period
- A background security investigation will be required for all new hires. Appointment will be subject to the applicant's successful completion of a background security investigation and favorable adjudication.
- If you are a male applicant born after 12/31/1959 and are required to register under the Military Selective Service Act, the Defense Authorization Act of 1986 requires that you be registered or you are not eligible for appointment in this agency.
- Additional selections may be made from this announcement if identical vacancies occur in the same location within 90 days from the closing date.
- The full performance level of this position is GS-13 . Promotion potential in this announcement does not constitute a commitment or an obligation on the part of management to promote the employee selected at some future date.
- A career ladder promotions are at the discretion of management, and in no way guaranteed.
- The salary stated in this announcement is based on the Washington, DC locality pay table, however the selectee's salary will be based on the locality in which they reside.
- Relocation expenses are not authorized.
Qualifications
GS-12: To qualify at the GS-12 grade level, you must have at least one year of specialized experience at or equivalent to the GS-11 grade level performing ALL of the following: 1) experience in loan processing; 2) experience in credit analysis; 3) loan underwriting; and 4) customer service; and 5) time management skills.
GS-13: To qualify at the GS-13 grade level, you must have at least one year of specialized experience at or equivalent to the GS-12 grade level performing ALL of the following: 1) experience in loan processing; 2) experience in credit analysis; 3) loan underwriting; 4) customer service; 5) time management skills; and 6) familiar with commercial lending practices.
All qualification requirements must be met by the closing date of this announcement.
Merit Promotion candidates must also meet time-in-grade requirements by the announcement closing date.
Education
This job does not have an education qualification requirement.
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