Job opening: Loan Specialist (Realty)
Salary: $72 553 - 94 317 per year
Published at: Jul 29 2024
Employment Type: Full-time
These positions are located in area offices in the State of Illinois. The incumbent assists in conducting studies: developing state-wide directives, systems, and procedures; participating with managers in developing and effecting outreach and marketing efforts; and evaluating programs effectiveness primarily for the single-family housing (SFH) program.
Vacancies will only be filled by current USDA Rural Development federal employees within the state of Illinois.
Remote/Virtual: NO
Duties
Serves as staff specialist for the state on single-family home loans. Assists on special studies of program activities and problems.
May process loans/grants as needed to respond to peaks in demand; ensure separation of duties, exercises authority delegated with respect to the making and servicing of loans.
May serve as Contracting Officer's Representative (COR) or assist the COR for assigned contracts.
Performs assigned functions in support of loan servicing. As a liaison with the central loan servicing center, research issues that arise and responds to servicing center, borrower, and national office concerns.
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 GS-11 Grade Level: Applicants must have one (1) year of specialized experience equivalent to at least the GS-09; or its non-Federal equivalent that demonstrates: Experience includes evaluating financial situations, credit risk factors and researching and applying various laws, rules, and regulations pertaining to credit; Experience in reviewing and evaluating loan and/or grant applications to determine eligibility and the approval/disapproval of housing loan applications; Experience providing loan closing instructions to attorneys and title companies and with legal instruments and documents used in making and servicing housing loans; Evaluates repair proposals and property values for compliance with applicable laws, regulations, directives, etc., and for overall feasibility and soundness of economic factors;
OR Ph.D. or equivalent doctoral degree
OR 3 full years of progressively higher-level graduate education leading to such a degree or LL.M., if related
OR a combination of education as described and specialized 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.
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.
Contacts
- Address Rural Development
1400 Independence Ave SW
Washington, DC 20250
US
- Name: Christina Johnson
- Phone: 771-215-6180
- Email: [email protected]
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