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-CHID-B0110

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

The contents of the announcement can still be viewed.

SALARY RANGE:

$63,112.00 to $99,920.00 / Per Year

OPEN PERIOD:

Tuesday, July 30, 2013 to Monday, August 12, 2013

SERIES & GRADE:

CG-1160-11

POSITION INFORMATION:

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

PROMOTION POTENTIAL:

11

DUTY LOCATIONS:

2 vacancies in the following location:
Champaign, IL, USView 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-CHI-B0111. However, if you desire consideration also under this public non-status announcement, you must apply to both. "Status" applicants are current Federal employees on career or career-conditional appointment 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 among mid-sized agencies in the Federal Government.

These positions are located in the Division of Risk Management Supervision, in the Champaign, IL Field Office of the Federal Deposit Insurance Corporation and provides support in the area of loan review. 

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

KEY REQUIREMENTS

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

DUTIES:

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The incumbent is engaged primarily in review and classification of credits with regard to an FDIC's Risk Management Examination. Evaluates underwriting and credit administration practices (i.e., terms and structure loans, including length, interest rate, conveyances and pay terms) on loans. Evaluates financial institution management performance on correcting issues identified in formal and informal enforcement actions related to the lending function. Assesses adequacy of loan policies. Determines if loans are made within the bank's policy and in compliance with governing laws and regulations. Prepares a list of Technical Exceptions (documentation deficiencies) for bank management. Discusses concerns regarding specific loans and file documentation with bank management. Discusses findings with the examiner supervising the loan review and/or the Examiner-In-Charge. Makes recommendations with Examiner-In-Charge oversight regarding loan portfolio deficiencies. Reviews unusual or complex loan files. Reviews compliance with legal lending limits and also identifies concentrations of credit. Analyzes financial information, file documentation, and prepares questions for bank management regarding the credit reviewed. Reviews and evaluates relatively complex other real estate files for proper documentation and accounting treatment, preparing ORE line sheet based on analysis, and assigning classifications. Interact/meets with persons such as bank management, bank personnel, Board of directors, third party vendors, attorney and external auditors during an examination by performing such tasks as: providing support for write-ups, answering questions, conducting status meetings with bank personnel during the course of the examination.


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 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. Specifically for this position, examples of specialized experience must 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.


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

Completion of Confidential Financial Disclosure may be 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.

1. Knowledge of financial institutions and their practices and procedures. 

2. Ability to analyze a variety of documents to assess their impact and intent.

3. Ability to meet and deal with bank personnel, Board of Directors and a variety of other officials in and outside of FDIC.

4. Ability to determine the borrower's capacity to pay (e.g. balance sheet and income statement for a given period); protection (e.g. amount of collateral); and performance (e.g. history of payment, level of past due, debt to income ratio, cash flow analysis).

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

OTHER INFORMATION:

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

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


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. EDT (Eastern Daylight Time) on the closing date of this announcement to complete the application process.

REQUIRED DOCUMENTS:

Please review the following to determine your eligibility and which 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:

Raquel Jackson Morton
Phone: 312-382-6834
Fax: 000-000-0000
TDD: 800-925-4618
Email: rajacksonmorton@fdic.gov
Agency Information:
Federal Deposit Insurance Corporation
FDIC Human Resources Branch
300 S Riverside Plz
Suite 1700
Chicago, IL
60606
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-CHID-B0110

Control Number:

348462100