-
Help
Duties
Summary
This is a bargaining unit position.
Learn more about this agency
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.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)
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.