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Job opening: Loan Specialist

Salary: $87 878 - 135 851 per year
Published at: Oct 04 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, Division of Capital Investment. This position is being advertised concurrently with ST-24-12540345-CAWU-DM which is open to status candidates and applies Merit Promotion procedures. Status applicants who wish to be considered under both Merit Promotion and Competitive Examining procedures must apply directly to each announcement.

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, 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, and presents standardized credit analysis and review the credit analysis of other staff in the context of a credit review committee. Consults and provides the Chief with current, accurate, detailed, and substantive weekly activity reports. Participates in discussions concerning policies developed or administered that impact Indian economic development. Participates in discussions concerning policies developed or administered within the Division that impact Indian economic development. 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
  • 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.
  • Incumbent is required to operate a government motor vehicle, must possess a valid driver's license, and have a safe driving record within the 4 year period immediately preceding submittal of GSA Form 3607.
  • The full performance level of this position is GS-13. Identification of 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.
  • Career ladder promotions are at the discretion of management, and in no way guaranteed.

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: I have at least one year of specialized experience at or equivalent to the GS-12 grade level performing all of the following: 1) Making loan guarantees and make loan insurance applications; 2) Servicing loans by handling financial payments and collections; 3) Providing loan processing and underwriting services to commercial lenders; 4) Reviewing prepared audited financial statements; and 5) Identifying, organizing, and uploading loan documents relevant to the borrower application. All qualification requirements must be met by the closing date of this announcement.

Education

This job does not have an education qualification requirement.

Contacts

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