Skip to main content
U.S. flag
Back to results

Loan Specialist

Small Business Administration
This job announcement has closed

Summary

This is a bargaining unit position.
This is not a (drug) testing designated position (TDP).

This position is located in the Small Business Administration, Fresno Commercial Loan Service Center in Fresno, CA. The Loan Specialist is responsible for reviewing servicing, purchase and liquidation actions for loans. Reviews assigned loan files to become acquainted with the characteristic requirements, collateral and terms of the loan.

Overview

Help
Hiring complete
Open & closing dates
01/31/2020 to 02/13/2020
Salary
$52,905 to - $68,777 per year

In almost all cases, pay on a new appointment will be set at the minimum rate (GS-09 step 1).

Pay scale & grade
GS 9
Location
1 vacancy in the following location:
Fresno, CA
Telework eligible
No
Travel Required
Occasional travel - You may be expected to travel for this position.
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-Time
Service
Competitive
Promotion potential
None
Job family (Series)
Supervisory status
No
Security clearance
Other
Drug test
No
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Trust determination process
Announcement number
20-076-TM-DE
Control number
557964300

Duties

Help

-Performs a variety of tasks for servicing, purchasing and liquidating loans. Reviews assigned loan file to become acquainted with the characteristic requirements, collateral, and terms of the loan.
-Gathers and reviews facts and data relating to the loan balance, lien situations, collateral, interest of other creditors, and any assets of the borrower which may provide recovery to the Agency.
-Gathers information from borrowers, major creditors, and legal representatives to make recommendations to maximize recovery to the Agency and minimize loss to the obligor(s).
-Reviews and analyzes requests from direct borrowers or requests from participant lenders in relation to servicing, liquidating and purchasing loans. Makes recommendation on these requests to supervisor/team leader.
-Performs servicing, purchasing, and liquidation of delinquent loans or potentially delinquent loans. Reviews liquidation plans setting out the steps to be followed to achieve the orderly liquidation of the particular debt.
-Determines when all reasonable collection efforts have been exhausted and recommends that a loan be charged-off.
-Performs other duties as assigned.

Requirements

Help

Conditions of employment

  • You must be a US Citizen.
  • You must successfully complete a background investigation.
  • You may be required to serve on a one-year probationary period.

Qualifications

GS-09: One year of specialized experience, equivalent to the GS-07 grade level in the Federal service, obtained in either the private or public sector: applying the knowledge of regulations and procedures governing the servicing, purchasing, and/or liquidation of consumer and commercial loans; and analyzing, evaluating and identifying financial management problems and recommending appropriate action.

Additional information on the qualification requirements is outlined in the OPM Qualifications Standards Handbook of General Schedule Positions. It is available for your review on OPM's Qualifications web site:

https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/1100/loan-specialist-series-1165/

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.

All qualification requirements must be met by 11:59 pm (Eastern Time) on the closing date of this vacancy announcement.

Education

Education may be substituted for experience for this position.

If you do not meet the specialized experience requirements, you may also qualify with education. You MUST submit transcripts (official or unofficial) with this application if you wish to qualify based on education.

GS-09: Successful completion of a master's or equivalent graduate degree in the following major field of 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; or two (2) full years of progressively higher level graduate education leading to such a degree or LL.B. or J.D., if related.

Combination of Experience and Education:
GS-09: Combination of education and experience as specified above. For example, an applicant who has 1.0 full year of Masters level education (i.e. 50% of education required) and 6 months of creditable specialized experience (i.e. 50% of the required experience) would equal 100% of the required experience for the position.

APPLICANTS PLEASE NOTE: 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 (particularly positions with a positive education requirement.) Therefore, applicants must report only attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education. Verify School accreditation. All education claimed by applicants will be verified by the appointing agency accordingly. *** If you are using foreign education to meet qualification requirements, you must send a Certificate of Foreign Equivalency with your transcript in order to receive credit for that education. *** For further information, click on: Foreign Education.

Additional information

SUITABILITY, CLEARANCE & REQUIREMENTS: A background investigation may be required for all new hires. Appointment will be subject to the applicant's successful completion of a background investigation and favorable adjudication. Failure to successfully meet these requirements will be grounds for termination.

Career and InterAgency Career Transition Assistance Programs: If you are applying for a special selection priority under SBA's Career Transition Assistance Plan (open to surplus SBA employees only) or the Interagency Career Transition Assistance Program (open to surplus and displaced Federal employees), you must:

  1. meet CTAP eligibility criteria;
  2. be rated well-qualified for the position with a rating of 85 or above based on the competencies listed above; and
  3. submit the appropriate documentation to support your CTAP eligibility. For more information: http://www.opm.gov/rif/employee_guides/career_transition.asp
Selective Service: If you are a male applicant born after December 31, 1959, you must certify that you have registered with the Selective Service System, or are exempt from having to do so under the Selective Service Law. For additional information visit www.sss.gov.

Consistent with work requirements and current SBA Policy, and all applicable provisions of the collective bargaining agreement with AFGE the SBA offers employees opportunities to perform work at an alternative location (e.g. home).

Telework may be available. For information on Telework visit: http://www.telework.gov/

Additional vacancies may be filled from this vacancy announcement if additional vacancies occur within 180 days of the date the certificates were issued.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Applicants meeting basic eligibility requirements will be further evaluated based on the information provided in the Occupational Questionnaire. To preview this questionnaire, click on the following link: https://apply.usastaffing.gov/ViewQuestionnaire/10699010. You will be rated based on your responses to the occupational questionnaire. The occupational questions relate to the following Competencies required to do the work of this position:

  • Economics and Accounting
  • Problem Solving
  • Quality Assurance
  • Technical Competence


Your application will be evaluated under the Category Rating method based on your responses to the assessment questions. You will receive a score based on the responses to the assessment questions. If, after reviewing your resume and or supporting documentation, a determination is made that you have inflated your qualifications and or experience your score can and will be adjusted to more accurately reflect your abilities. If you meet basic requirements for the position, your application will be evaluated and placed into one of three categories:

1. Best-Qualified: highly proficient with an overall comprehensive level of knowledge, skills and abilities related to the job based on a complete review of experience, education, and training as described in an applicant's responses to the assessment questions and resume.
2. Well-Qualified: competent in the position with an overall accomplished level of knowledge, skills, and abilities related to the job based on a complete review of experience, training, and education as applicable, as described in an applicant's responses to the assessment questions and resume.
3. Qualified: an overall basic level of knowledge, skills, and abilities related to the job based on a complete review of experience, education, and training, as described in an applicant's responses to the assessment questions and resume.

Candidates eligible for veterans' preference will be placed ahead of other candidates in the appropriate category for which they have been rated. Additionally, preference eligibles who have a compensable service-connected disability of at least 10 percent and who meet Minimum Qualification Requirements will automatically be placed in the Best Qualified Category.

Your session is about to expire!

Your USAJOBS session will expire due to inactivity in 8 minutes. Any unsaved data will be lost if you allow the session to expire. Click the button below to continue your session.