Job opening: LOAN SPECIALIST (COMMERCIAL) RECENT GRADUATE
Salary: $55 924 - 88 926 per year
Published at: Aug 30 2024
Employment Type: Full-time
This vacancy is being announced under the Pathways Recent Graduates Program.
Announcement may be used to fill similar positions within 90 days of the closing date.
Applicants selected for the GS-7, salary including locality will be:
GS-7 salary range $55, 924.00 - $72,703
Applicants selected for the GS-9, salary including locality will be:
GS-9 salary range $68,405 - $88,926
Duties
Please Note: Employees will be required to report to their assigned office location at least 2 day per week for non-supervisory positions and 3 days per week for supervisory/managerial positions unless the position advertised is designated as a remote-only position.
EXIM's Recent Graduates Program affords developmental experiences in the Federal Government intended to promote possible careers in the civil service to individuals who have recently graduated from qualifying educational institutions or programs. Successful applicants are placed in a dynamic developmental program with the potential to lead to a civil service career in the Federal Government.
This position is located in the Office of Small Business, Export Credit Insurance (ECI) Division. ECI is responsible for the Bank's exporter short term multi-buyer and single-buyer insurance products for exporters and financial institutions. These products protect an insured from losses resulting from the granting of trade credits (trade credit is a business transaction whereby credit is offered by product vendors or service providers to their customers as an alternative to pre-payment or cash in advance terms) due to credit risks such as a protracted default (non-payment on agreed upon terms), insolvency, bankruptcy, or political risks (currency controls, political unrest, and /or expropriation) and various other risks.
The incumbent serves as Loan Specialist (Commercial) advanced trainee for ECI. This is a developmental trainee position involves assignments for both the underwriting of transactions involving short term programs offered by ECI and account relationship function.
At the full performance level, duties include, but are not limited to:
Underwrites transactions associated with export credit insurance policies, including policy quotes, amendments, and renewals by single buyer and multi -buyer transactions.
Reviews applications for completeness, accuracy, and compliance with Bank policies and undertakes an analysis to determine reasonable assurance of repayment ensuring compliance with case processing procedures; gathers any necessary credit or financial information from applicants; identifies key issues and mitigating factors that may impact the credit assessment; and coordinates all necessary inter-divisional activities to complete the approval process within published standards.
Serves as a Relationship Manager with responsibility for complex transactions from receipt of application to final decision on credit worthiness. Works directly with lenders, borrowers, Office of General Counsel and other divisions and offices in the agency.
Prepares memos with appropriate recommendations under Individual Delegated Authority (IDA) and to the appropriate approval authority for those transactions exceeding an IDA.
Advises customers which EXIM's products are best suited to their needs. Responds to requests for assistance from existing policyholders , exporters, banks, brokers and regional officers and educates them on EXIM requirements, policies, procedures and EXIM's web based application processing system.
Conducts user acceptance testing and validates system functionality and usability upgrades on the online system.
Conducts site visits to (a) assist exporters in understanding their insurance policy and to assess the exporter's industry, receivables portfolio, and ability to make credit decisions and (b) meet with buyer's to understand their business, aid our underwriting process and foster new business.
Evaluates the ability of the lenders, exporters, suppliers and other participants to perform under a transaction, to expand business opportunities, and assess current and potential transactions.
Represents the Bank in external meetings and conferences with a wide variety of entities. Participates in internal work groups that evaluate and make recommendations regarding improvements in EXIM's programs, policies or processes.
Provides assistance, guidance, training and leadership to junior Loan Specialist.
Requirements
- U.S. Citizenship
- Background and Security/Suitability Investigation
- You may be required to serve a one year trial period
- Specialized experience MUST be documented on your resume
- Current or Former Political Appointees: If you are, or have been employed in the last 5 years, you must disclose this information. Failure to do so may result in disciplinary action including removal from Federal Service.
Qualifications
Recent Graduate Eligibility:
Individuals who have obtained a qualifying Associates, Bachelor's, Master's, Professional, Doctorate, Vocational or Technical degree or certificate from a qualifying educational institution, within the previous 2 years.
OR
Veterans (as defined in 5 U.S.C. 2108) who were unable to apply within 2 years of obtaining a qualifying Associates, Bachelor's, Master's, Professional, Doctorate, Vocational or Technical degree or certificate from a qualifying educational institution due to their military service obligation. Veterans have a full 2-year eligibility period to apply upon his/her release or discharge from active duty. The eligibility period for veterans must be within 6 years of degree completion.
AND
In addition to the Recent Graduate and Basic Requirement Eligibilities noted above, applicants must also meet one of the following:
Specialized Experience (Credit for Specialized Experience on resume must reflect 40 hours/Full-time per week for each period of work): To qualify for the GS-07, you must have one (1) year of specialized experience that has equipped you with the particular knowledge, skills, and abilities to successfully perform the duties of the position, and that is typically in or related to the work of the position to be filled. To be creditable, specialized experience must have been equivalent to at least the GS-05 level in the Federal Government or other equivalent pay systems. Specialized experience includes:
Experience in providing customer service to internal or external customers;
Experience or knowledge in communicating financial information to others; AND
Experience in using database and spreadsheet applications, statistical software programs, and/or other financial management systems/computerized tracking models for data information and statistical reports.
OR
1 full year of graduate level education leading to such a degree (finance, business administration, economics, or related fields) that has equipped me to perform the major duties of this position. (Transcripts must be provided if qualifying based on education.)
OR
A combination of graduate level education and specialized experience that has equipped me to perform the major duties of this position. (Transcripts must be provided if qualifying based on a combination of education and experience.)
Specialized Experience (Credit for Specialized Experience on resume must reflect 40 hours/Full-time per week for each period of work): To qualify for the GS-09, you must have one (1) year of specialized experience that has equipped you with the particular knowledge, skills, and abilities to successfully perform the duties of the position, and that is typically in or related to the work of the position to be filled. To be creditable, specialized experience must have been equivalent to at least the GS-07 level in the Federal Government or other equivalent pay systems. Specialized experience includes:
Experience in providing customer service to internal or external customers;
Experience or knowledge in communicating financial information to others;
Experience in using database and spreadsheet applications, statistical software programs, and/or other financial management systems/computerized tracking models for data information and statistical report; AND
Experience or knowledge in financial statement analysis, corporate finance, accounting, or international trade finance markets.
OR
A Master's Degree or equivalent graduate degree or two years of progressively higher level graduate education leading to a Master's degree or equivalent graduate degree (finance, business administration, economics, or related fields) . (Transcripts must be provided if qualifying based on education.)
OR
Combination of Experience and Education: Only graduate education in excess of the amount required for the GS-07 grade level may be used to qualify applicants for positions at the GS-09 grade level. Therefore, only education in excess of one full year of graduate level education may be used to combine education and experience.
****NOTE: You must submit proof of your education at the time of application in order to receive consideration.*****
Education completed in foreign colleges or universities may be used to meet the above requirements if you can show that the foreign education is comparable to that received in an accredited educational institution in the United States. It is your responsibility to provide such evidence when applying.
http://www.naces.org
http://www.fceatlanta.com
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, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Part-time and/or unpaid experience related to this position will be considered to determine the total number of years and months of experience. Be sure to note the number of paid or unpaid hours worked each week.
Foreign Education: If you are qualifying by education and/or you have education completed in a foreign college/university described above, it is your responsibility to provide transcripts and proof of U.S. accreditation for foreign study. Please visit the following links for more information:
http://www.naces.org
http://www.fceatlanta.com
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
For qualification determinations, your resume must contain the following for each work experience listed:
Organization/Agency's Name
Title
Salary (series and grade, if applicable)
Start and end dates (including the month and year)
Number of hours you worked per week
Relevant experience that supports your response to the specialized experience that is stated in the job announcement
If your resume does not contain this information, your application may be marked as incomplete and you will not receive consideration for this position.
Additional information on the qualification requirements is outlined here.
As a participant in the Pathways Recent Graduates Program, you will:
receive at least 40 hours of formal training and on-the-job training directly linked to your employment field;
be assigned a mentor;
sign a Pathways Recent Graduates' Participant Agreement and execute an Individual Development Plan outlining training requirements and program expectations; and
serve a trial period for one year under an excepted service appointment
Recent Graduates who satisfactorily complete the Pathways Recent Graduates Program and meet all eligibility requirements for conversion may be non-competitively converted to a Term or Permanent appointment in the competitive service.
Please visit the Pathway's Program website for more information, click here.
All requirements must be met by 09/09/2024, the closing date of the announcement.
Contacts
- Address Export-Import Bank of the United States
811 Vermont Avenue, NW
Washington, DC 20571
US
- Name: Michele Jarman
- Phone: 2025653300
- Email: [email protected]
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