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    Duties

    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; Hazard, KY; Little Rock, AR or Herndon, VA.

    Learn more about this agency

    Responsibilities

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

    As a Loan Specialist (Commercial), GS-09, you will perform the following duties:

    • Evaluates commercial loan requests which might contain limited information and investigates essential application characteristics to determine if the applicant business is eligible for the 7(a)/504 program (e.g., is the loan properly structured; meets collateral and other requirements; and includes all necessary conditions).
    • Assesses managements' experience and past performance to determine the potential for successful operation of the business.
    • Prepares reports on the merits of applicants' commercial loan request, addressing eligibility and overall credit quality.
    • Investigates essential commercial credit factors to determine the merits of granting the loan with the assurance of repayment.
    • Makes recommendations to approve or decline commercial loan requests.
    • If approval is recommended, structures loan terms and conditions suitable to protect the interests of the Government and prepares a Loan Authorization.
    • Explains Small Business Administration's commercial loan programs and associated credit risk factors to lenders.
    • Discusses commercial loan eligibility, loan structure, and credit factors with lenders and lending partners.

    Travel Required

    Not required

    Supervisory status

    No

    Promotion Potential

    9

  • Job family (Series)

    1165 Loan Specialist

This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/564249600. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.