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Loan Specialist (Commercial) - Virtual

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 and is full time telework. The incumbent serves as a Loan Specialist in one of the Commercial Loan Service Centers or National Guaranty Purchase Center and is responsible for performing servicing, purchase, or liquidation activities.

Overview

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Hiring complete
Open & closing dates
04/03/2020 to 05/22/2020
Salary
$76,721 to - $112,240 per year

In most cases pay is set at the minimum level (GS-12 step 1) and will be set based off locality selected to work in.

Pay scale & grade
GS 12
Location
Many vacancies in the following location:
Location Negotiable After Selection, United States
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
12
Job family (Series)
Supervisory status
No
Security clearance
Other
Drug test
No
Position sensitivity and risk
Moderate Risk (MR)
Trust determination process
Announcement number
20-201-CS
Control number
564713200

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 in support of the Coronavirus Aid, Relief, and Economic Security Act. This is a full time telework position. 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 Specialist you will perform the following duties:

  • Conduct a comprehensive guaranty purchase review of the participant lender's 7(a) loan making, closing, servicing and liquidation activities.
  • Gather and review relevant facts and data to ensure maximum recovery to the agency and mitigate harm and loss to the agency.
  • Oversee and monitor the participant lender's actions with regard to a variety of liquidation activities to include taking possession, inventorying and protecting collateral; obtaining necessary appraisals; determining the method of disposal and determining when abandonment of collateral is in the best interest of the agency.
  • Review and recommend actions as appropriate on participant lender's loan compromise recommendations where settlement for less than the amount is due is in the best interest of the agency.
  • Review participant lender's assertion that they have exhausted all liquidation efforts and that the loan is ready to be charged off

Requirements

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Conditions of employment

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

Qualifications

GS-12: One year of specialized experience, equivalent to the GS-11 grade level in the Federal service, obtained in either the private or public sector performing the following types of tasks: liquidate collateral and assets for all types of loans; and provide financial counseling and guidance to customers related to loan payments; and recommend various liquidation actions; and analyze financial statements; and review and recommend action as appropriate on participant lender's loan compromise.

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:

Loan Specialist Series; GS-1165

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.

Career and InterAgency Career Transition Assistance Programs: If you are applying for a special selection priority under SBA's Career Transition Assistance Plan (open to surplus SBA employees only) or the Interagency Career Transition Assistance Program (open to surplus and displaced Federal employees), you must:

  1. meet CTAP eligibility criteria;
  2. be rated well-qualified for the position with a rating of 85 or above based on the competencies listed below; and
  3. submit the appropriate documentation to support your CTAP eligibility. For more information: http://www.opm.gov/rif/employee_guides/career_transition.asp


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/10787163. 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:

  • Decision Making
  • Economics and Accounting
  • Oral Communication
  • Problem Solving
  • Reasoning


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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