Job opening: Pathways Recent Graduate Loan Specialist (Commercial)
Salary: $67 563 - 88 065 per year
Relocation: YES
Published at: Aug 28 2024
Employment Type: Full-time
This position is located in a State or Area Office in USDA/Rural Development (RD). This is a developmental position with duties designed to provide training and development to prepare the incumbent for advancement to the position of Loan Specialist (Commercial), GS-1165-12.
This is NOT a remote position. The incumbent will be expected to report to the office in the following locations: Amherst, MA; Holden, MA,; Wareham, MA; or Warwick, RI.
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.
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
- 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
Applicants must meet all eligibility and qualifications requirements by the closing date of the announcement as defined below.
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 possess the experience requirements as follows:
GS-09 level: Applicants must have 1 year of specialized experience equivalent to at least the GS-07; or its non-Federal equivalent that demonstrates: experience in performing loan making and/or loan servicing duties such as regularly examining loan applications, supporting documents and credit reports, and maintaining servicing activities of somewhat complex loans and/or grants; assisting higher level loan specialists by performing assigned portions of financial credit analysis in connection with more complex loans as a way of acquiring training and competency for more difficult loan examining and servicing assignments OR master's or equivalent graduate degree OR 2 full years of progressively higher level graduate education leading to such a degree or LL.B. or J.D., if related. Equivalent combination of education and experience are qualifying for this grade level.
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.
Conversion: In addition to meeting the pathways requirements for conversion, an applicant converting to a Loan Specialist (Commercial), GS-1165-09/11/12 is required to also meet the OPM Qualification Standards for the GS-1165 series.
Education
Applicants must provide transcripts. Please see the Additional Information section below for detailed information that is required regarding transcripts. To be eligible for a Pathways Recent Graduate position, applicants must meet one of the following educational 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. A transcript must be submitted with your application.
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: Stacy Randle
- Email: [email protected]