This Position Is No Longer Available
  1. Overview
  2. Duties
  3. Qualifications & Evaluations
  4. Benefits & Other Info
  5. How to Apply

Job Title:Loan Review Specialist, CG-1160-11 (Term NTE 2 Years)

Agency:Federal Deposit Insurance Corporation

Job Announcement Number:2013-NYD-B0044

This position is closed and no longer accepting online applications through USAJOBS.

The contents of the announcement can still be viewed.

SALARY RANGE:

$64,642.00 to $126,301.00 / Per Year

OPEN PERIOD:

Wednesday, March 20, 2013 to Wednesday, April 03, 2013

SERIES & GRADE:

CG-1160-11

POSITION INFORMATION:

Competitive Service, - Term Appointment not-to-exceed 2 years and may be extended 2 additional years. Full-Time

PROMOTION POTENTIAL:

11

DUTY LOCATIONS:

7 vacancies in the following location(s):
Columbia, MD, USView Map
Foxboro, MA, USView Map
Monroe, NJ, USView Map
Seven Fields, PA, USView Map
San Juan, RQView Map

WHO MAY APPLY:

All United States Citizens.

(Applicants with "status" or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2013-NY-B0045. However, if you desire consideration also under this public non-status announcement, you must apply to both. "Status" applicants are current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility.)

JOB SUMMARY:

The Federal Deposit Insurance Corporation (FDIC) is one of the most respected forces in America's financial community. Our mission is to maintain stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.


The FDIC is ranked as the Number #1 best place to work in the Federal Government.

These positions are located in the Division of Risk Management Supervision, New York Region of the Federal Deposit Insurance Corporation and provides support in the area of loan review.

The candidates selected will be offered a term appointment not-to-exceed 2 years, which may be extended to a maximum of four years based on workload requirements and organizational staffing authorizations.

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low rate of 7.77% to a high rate of 33%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For information on FDIC locality rates, click here.

KEY REQUIREMENTS

  • Employment Conditions
  • Incumbent may be relocated to any duty location to meet management needs.
  • U.S. Citizenship is required.
  • Registration with the Selective Service.
  • This position requires frequent overnight travel.

DUTIES:

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-Engages in the review and classification of credits consistent with the Risk Management Manual of Examination Policies.

- Evaluates loan underwriting and credit administration practices (i.e., term and structure loans, including length, interest rate, conveyances and pay terms, work-out strategies); and evaluates performance on correcting issues specified in formal and informal enforcement actions related to the lending function.

- Determines if loan underwriting terms conform to the bank's policies, to governing laws and regulations, and to accounting principles (ASC 310 and 450, non-accrual, RTD, etc).

- Prepares a list of Technical Exceptions (documentation dependencies) for bank management; prepares loan write-ups to support Items Subject to Adverse Classifications; and prepares and discusses questions about specific loans and file documentation with bank management and conveys reasons for an adverse or Special Mention classification.

- Discusses findings with the examiner-in-charge and makes recommendations regarding deficiencies identified in specific loan reviews.

- Reviews compliance with legal lending limits and insider lending laws, and identify concentrations of credit; analyzes financial information, file documentation, and collateral evaluations; reviews and evaluates other real estate files for proper documentation (e.g., title, lien position, appraisal, holding period, insurance coverage) and accounting treatment; and prepares ORE line sheet based on analysis and assigning classifications.


QUALIFICATIONS REQUIRED:

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Applicants must possess one year of specialized experience equivalent to the grade 9 level in the federal service; OR have a PH.D or equivalent doctoral degree or 3 years of progressively higher level full-time graduate education leading to such a degree; OR an LL.M in the following Major Field of Study: Finance, Business Administration, Economics, Accounting, Banking and Credit, or other fields related to the position of loan review specialist; OR possess a combination of both education and experience. Specialized experience is defined as experience performing financial analysis and evaluation of work requiring a comprehensive knowledge of (1) corporate finance and any specialized experience fields of finance required such as finance, securities, international finance, money and securities markets, investments and banking, and (2) the financial and management structures, operations, and practices of corporate and other organizations.

Examples of specialized experience include: serving as a loan review specialist, credit analyst, or loan officer, employed by, consulting to, auditing or examining insured financial institutions which involved performing the following types of work: loan portfolio review; recommending credit quality ratings to bank officials or overseeing regulator, ascertaining bank management's methods for identifying, measuring monitoring and controlling credit risks. This work must have required extensive skill in loan credit analysis of repayment capacity, financial strength and collateral protection. In addition, applicants must have experience working in a stressed economic environment where they have served: as a regulator at an insured depository institution who has independently assessed the quality of a moderately complex loan portfolio that included any of the following: Equity "kickers" or participations associated with Acquisition, Development and Construction lending; Mezzanine Financing; Interest reserve funds; Creative restructuring of commercial and commercial real estate loans; or Large concentrations of commercial real estate loans held by one institution; OR as a credit analyst/officer at an insured depository institution who has analyzed and/or assigned credit quality reviews on a moderately complex loan portfolio that included any of the following: equity "kickers" or participations associated with Acquisition; Development and Construction lending; mezzanine financing; interest reserve funds; creative restructuring of commercial and commercial real estate loans; or large concentrations of commercial real estate loans held by one institution; OR as a bank auditor or independent outside consultant who has analyzed and/or assigned credit quality reviews on a moderately complex loan portfolio of that included any of the following: equity "kickers" or participations associated with Acquisition, Development and Construction lending; mezzanine financing; interest reserve funds; creative restructuring of commercial and commercial real estate loans; or large concentrations of commercial real estate loans held by one institution.

Applicants eligible for CTAP (Career Transition Assistance Program) or ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 or higher in the online assessment to be determined "well qualified" for this position. For more information, click here.


Completion of Confidential Financial Disclosure may be required.

Moderate Risk Position - Minimum Background Investigation (MBI) required.

HOW YOU WILL BE EVALUATED:

Your resume will be reviewed, including the online assessment questionnaire, to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contain sufficiently detailed information upon which to make the qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, average number of hours worked per week, and if the position is/was in the Federal government, you should provide the position series and grade level.

If you rated yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected. If you are found qualified, you will be placed in one of three categories: Best Qualified, Highly Qualified, or Qualified. These category assignments are a measure of the degree in which your background and responses to the assessment questions match the competencies/knowledge, skills, and abilities (KSAs) listed below. Within these categories, candidates eligible for veterans preference will receive selection priority over non-veterans.

- Knowledge of banking theory and practice, banking and commercial law, economics, and credit analysis.

- Knowledge of specific loan documentation requirements for all types of credit, and an understanding of laws and regulations governing loan underwriting.

- Knowledge of banking financial institutions and their practices and procedures.

- Skill in loan credit analysis, including the ability to determine credit quality through analysis of repayment capacity, financial strength and collateral and protection.

You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs.


To preview questions please click here.


BENEFITS:

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In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors. To find out more, click here.

Relocation benefits may be provided in accordance with FDIC's General Travel Regulations.



OTHER INFORMATION:

To read about your rights and responsibilities as an applicant for Federal employment, click here.

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

If selected, you may be required to serve a trial period.



HOW TO APPLY:

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To begin, click the "Apply Online" button and follow the prompts to register and establish a USAJOBS account, complete the online assessment questionnaire, and submit all required documents.  Please be sure to click "FINISH" to complete the application process.
You must apply online.  Applicants requesting an exception from the online process must contact the Human Resources Specialist or contact point listed in this announcement prior to 12:00 noon local time on the closing date.


To return to your saved application, log in to your USAJOBS account and click on "Application Status."  Click on the "Position Title," and then select "Apply Online" to continue.

You have until 11:59 p.m. EST (Eastern Standard Time) on the closing date of this announcement to complete the application process.

You may apply for as many duty locations as advertised in this vacancy announcement; however, you will only be referred to the selecting official for a maximum of two (2) duty locations if you are among the best qualified and expressed interest in the location(s).                                                                                                     



REQUIRED DOCUMENTS:

Please review the following to determine your eligibility and what document(s) is required to complete your application:

VETERANS' PREFERENCE:  If you are claiming veterans' preference, click here.  (Note:  Veterans should submit the Member 4 copy of the DD 214, Certificate of Release or Discharge from Active Duty - or other copy showing the type of discharge/character of service [e.g., Honorable, Under Honorable Conditions, etc.] along with any other required documents.)

FDIC CAREER TRANSITION ASSISTANCE PROGRAM (CTAP) OR INTERAGENCY TRANSITION ASSISTANCE PROGRAM (ICTAP):  If you are a displaced or surplus FDIC or Federal employee eligible for consideration under the CTAP or ICTAP, you must submit proof of eligibility.  For more information, click here.

EDUCATION DOCUMENTS: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable).  Education must be from accredited institutions.  For a listing of accredited educational institutions, click here.  An official transcript will be required if you are selected.

Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program. For more information, click here.

AGENCY CONTACT INFO:

Patricia Warren
Phone: 781-794-5751
Fax: 000-000-0000
Email: NewYorkBostonJobs@fdic.gov
Agency Information:
Federal Deposit Insurance Corporation
FDIC Human Resources Branch
15 Braintree Hill Office Park
Suite 200
Braintree, MA
02184
US
Fax: 000-000-0000

WHAT TO EXPECT NEXT:

Thank you for your interest in working for the Federal Deposit Insurance Corporation. You may check the status of your application on-line 24 hours a day, 7 days a week through USAJOBS by signing in and selecting "Application Status."

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Job Announcement Number:

2013-NYD-B0044

Control Number:

340102000