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Loan Servicing Assistant

Small Business Administration
Office of Capital Access
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 Office of Capital Access in one of the following: Citrus Heights, CA; Fresno, CA; Herndon, VA; Little Rock, AR or Hazard, KY. The incumbent serves as a Loan Servicing Assistant (LSA) in a center, and performs servicing, liquidation, purchasing and post-servicing (PSA) support functions in support of Loan Specialists (LS) in the Center.

Overview

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Hiring complete
Open & closing dates
03/30/2020 to 05/22/2020
Salary
$43,251 to - $63,267 per year

In most cases pay is set at the minimum level (GS-7 step 1) and will be set based off locality selected to work in.

Pay scale & grade
GS 7
Locations
Many vacancies in the following locations:
Little Rock, AR
Citrus Heights, CA
Fresno, CA
Hazard, KY
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Temporary - 1 year
Work schedule
Full-Time
Service
Excepted
Promotion potential
7
Supervisory status
No
Security clearance
Other
Drug test
No
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Trust determination process
Announcement number
20-182-CS
Control number
564197700

This job is open to

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Clarification from the agency

This is a full time temporary position NTE 1 year which may be extended for an additional year for a maximum of 2 years. This position will support the Federal Government's response efforts to COVID-19. This is an Open Continuous announcement. Applicants will be reviewed as needed starting from the opening date of the announcement. This announcement will be open until all vacancies are filled.

Duties

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This position is being filled in response to the Coronavirus Aid, Relief, and Economic Security Act.

As a Loan Servicing Assistant your duties include but are not limited to:
Comparing present financial statements of the SBA and bank-serviced loans which are, or are considered, potential problems with previous statements to identify discrepancies and trends in financial data and compliance with loan terms and conditions;
Bringing to the attention of the supervisor and/or loan specialist any adverse change in financial condition or any serious violation of loan agreement and sending standard notification to borrower or bank on any serious violations noted as directed;
Contacting banks/borrowers on delinquent loans to ascertain factual sources of problems, making recommendations to approving staff on straightforward and commonly occurring circumstances and initiating remedial action as directed;
Responding to oral and written requests from banks, borrowers and other financial institutions;
Calling lenders who have reporting discrepancies concerning the delinquency of their SBA loan portfolio showing in liquidation;
Making inquiries through commonly used information sources (post office, public utilities companies, other governmental agencies, etc.) and search locator references such as the internet and cross-indexes to locate borrowers who may be evasive or cannot be found at the address of record;
Contacting borrowers by telephone to arrange appointments or reminding them of payment requirements in lieu of visits, if feasible;
Writing reports for each contact, describing results, listing amounts collected and furnishing information obtained about borrower's financial status for use by a loan;
Recommending on transferring case files into liquidation and, as necessary, initiating correspondence to Certified Development Companies and/or other SBA offices to transfer case files as necessary.

Requirements

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Conditions of employment

  • You must be a U.S. Citizen
  • You must successfully complete a background investigation.

Qualifications

GS-7: One year of specialized experience, equivalent to the GS-6 grade level in the Federal service, obtained in either the private or public sector performing a variety of servicing, collection and liquidation administrative duties applicable to loans such as preparing correspondence, data entry, filing and researching and retrieving loan information to include initiating and recommending liquidation actions.

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:

General Business and Industry Series; GS-1101

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 05/22/2020.

Education

Education may not be substituted for experience for this position.

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.

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.

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

If you work or are expected to work at least 90 consecutive days and 130 hours per month, you will become eligible for health insurance benefits only.

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/10782990. 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:

  • Federal Funds Processing
  • Oral Communication
  • Organizational Awareness
  • Writing


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.

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