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Loan Specialist (General) GS 09-11

U.S. Small Business Administration
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Summary

By applying for this position with the Small Business Administration (SBA), you can enjoy challenging but satisfying work and join a highly motivated and diverse team that helps families and businesses rebuild their lives after a disaster.

THIS ANNOUNCEMENT IS IN SUPPORT OF INDIVIDUALS AND BUSINESSES NEGATIVELY IMPACTED BY HURRICANE BERYL.

FINAL PAY RATE WILL BE DETERMINED BY EMPLOYEE'S HOME ADDRESS AND IS NOT NEGOTIABLE.

CURRENT EMPLOYEES NEED NOT APPLY.

 

Duties

As an Loan Specialist (General) at the GS-1165-9/11, some of your typical work assignments may include:

  • Process home and/or business loans and make recommendations on collateral needed to secure loans.
  • Apply accepted financial procedures to analyze financial resources to determine an applicant's ability to repay requested loans.
  • Review all pertinent facts needed to make eligibility determinations by analyzing such factors as the nature and cause of damage, intended use of proceeds, legislative and administrative loan limits, and disposition of insurance and other recoveries.
  • Ensure loan files contain all pertinent documentation to include conversations with applicants and written recommendations or justifications for conclusions.
  • Process loan applications on web-based computer systems.
  • Respond in writing to applicants or their representatives.

 

Requirements/Conditions of Employment

  • Favorable background investigation is required.
  • Mandatory Overtime: In order to respond quickly and efficiently to disaster survivors, substantial compensated overtime hours may be required while on assignment (up to seven days a week and ten to fourteen hours a day).
  • This position is not included in a bargaining unit.
  • U.S. citizenship is required.

 

Qualifications

Generally, time in Non-Pay status is not creditable towards the specialized experience requirement listed below.

You must meet all qualification requirements by the closing date of this announcement.

You may qualify based on experience, education or a combination of both.

Experience: To receive credit, you must indicate the month and year as well as the average hours worked per week for each employer or that experience will not be credited for meeting the specialized experience requirement. This experience may have been gained in positions such as Credit Analyst, Credit Underwriter, Mortgage Underwriter, Loan Officer, Loan Processor, Mortgage Loan Originator, etc.

GS-09: To qualify you must have at least 1 full year (52 weeks) of specialized experience equivalent in difficulty and complexity to the GS-07 level in the Federal service that has equipped you with the particular knowledge, skill, and ability to perform successfully in this position. This experience may have been gained in a Non-Federal service position. In addition, this Specialized Experience must demonstrate the following:

  • Making recommendations or decisions to approve or decline residential or business loans.
  • Investigating and evaluating credit histories to determine credit worthiness of individual or businesses.

GS-11: To qualify you must have at least 1 full year (52 weeks) of specialized experience equivalent in difficulty and complexity to the GS-09 level in the Federal service that has equipped you with the particular knowledge, skill, and ability to perform successfully in this position. This experience may have been gained in a Non-Federal service position. In addition, this Specialized Experience must demonstrate the following:

  • Making recommendations or decisions to approve or decline business loans.
  • Investigating and evaluating credit histories to determine credit worthiness of businesses.

Education

If qualifying based on education, you must submit transcripts by the closing date of this announcement or you will not be found eligible.

GS-09: Must have a master's or equivalent graduate degree in a related field or 2 full years of related progressively higher level graduate education leading to such a degree or LL.B or J.D degree, if related.

GS-11: Must have a Ph.D or equivalent doctoral degree in a related field or 3 full years of related progressively higher level graduate education leading to such a degree or LL.M degree, if related.

OR A combination of experience and education as indicated above.

Related 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.