Loan Specialist Commercial Job

Vacancy No. 20-177-CS Department Small Business Administration
Salary $76,721.00 to $112,240.00 Grade 12 to 12
Perm/Temp Permanent FT/PT Full-time
Open Date 3/29/2020 Close Date 8/31/2020
Job Link Apply Online Who may apply Status Candidates
Locations:
LITTLE ROCK, ARCITRUS HEIGHTS, CAFRESNO, CAHAZARD, KY
HERNDON, VA


Job Description (Please follow all instructions carefully)
Overview
  • Open & closing dates

    Opening and closing dates 03/29/2020 to 08/31/2020

  • Service

    Competitive

  • Pay scale & grade

    GS 12

  • 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.

  • Appointment type

    Term - 13 months

  • Work schedule

    Full-Time

Locations

Many vacancies in the following locations:

  • Little Rock, AR
  • Citrus Heights, CA
  • Fresno, CA
  • Hazard, KY
  • Herndon, VA
Relocation expenses reimbursed

No

Telework eligible

No

This job is open to
  • Career transition (CTAP, ICTAP, RPL)

    Federal employees who meet the definition of a "surplus" or "displaced" employee.

  • Individuals with disabilities

  • Military spouses

  • Peace Corps & AmeriCorps Vista

  • Veterans

  • Family of overseas employees

    Family members of a federal employee or uniformed service member who is, or was, working overseas.

Clarification from the agency

This vacancy is open to applicants eligible for certain direct hiring authorities only. This is TERM appointment NTE 13 months, but may be extended up to 4 years. 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. This position is being filled in response to the Coronavirus Aid, Relief, and Economic Security Act.

Announcement number

20-177-CS

Control number

564134000

  • Duties
    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 and will be located in one of the following offices based on your selection: Citrus Heights, California; Herndon, Virginia; Little Rock, Arkansas; or Fresno, California. As a Loan Specialist and is responsible for evaluating loan applications for program eligibility and creditworthiness.

    Learn more about this agency
    Responsibilities

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

    This is a term appointment not to exceed 13 months. Term appointments are non-status, nonpermanent appointments of limited duration of more than 1 year, but not more than 4 years and are subject to a 1 year trial period. Should the need warrant, term appointments may be extended without further competition up to a maximum of the 4 year limitation. The appointment to a term position does not confer eligibility for promotion, reassignment, or transfer to other positions or the ability to be non-competitively converted to permanent employment.

    As a Loan Specialist you will perform the following duties:
    - Assessing Business Ownership and Management Capability
    - Determining Repayment ability for Commercial Loans
    - Evaluating Proposed Collateral
    - Stipulating Loan Terms and Conditions
    - Making Eligibility Determinations
    - Assessing Business Financial Condition
    - Recommending Loan Approval/Decline
    - Obtaining additional information required for loan processing
    - Addressing and resolving issues with loan submissions

    Travel Required

    Not required

    Supervisory status

    No

    Promotion Potential

    12

  • Job family (Series)

    1165 Loan Specialist

  • Requirements
    Requirements Conditions Of Employment
    • You must be a U.S. Citizen.
    • You must successfully complete a background investigation.
    • You may be required to serve a one-year trial period.
    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: as a loan processor, underwriter, financial analyst, portfolio manager, or other like position with responsibility for making repayment and other eligibility determinations about the loan application package; utilizing automated systems including the data entry, tracking and processing of loan applications with attendant documents such as credit reports, appraisals, business valuations, environmental reviews or franchise agreements pertaining to a commercial loan.

    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.

    TIME-IN-GRADE: If you are a current career or career-conditional federal employee applying for promotion under Merit Promotion you must have completed a minimum of 52 weeks in positions at the next level lower than the position being filled.

    All qualification requirements must be met by 11:59 pm (Eastern Time) on 08/31/2020.
    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.

    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
    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.

    Consistent with work requirements and current SBA Policy, and all applicable provisions of the collective bargaining agreement with AFGE the SBA offers employees opportunities to perform work at an alternative location (e.g. home).

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

    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

    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/10782418. 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:

    • Customer Service
    • Economics and Accounting
    • Financial Management
    • Reasoning


    All qualified Non Competitive applicants will be referred to the hiring manager for consideration.

    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). To receive selection priority for this position, you must: 1) meet CTAP eligibility criteria; 2) be rated well-qualified for the position with a score of 85 or above based on the competencies listed above; and 3) submit the appropriate documentation to support your CTAP eligibility. For more information: http://www.opm.gov/rif/employee_guides/career_transition.asp

    Background checks and security clearance
    Security clearance

    Other

    Drug test required

    No

    Position sensitivity and risk

    Non-sensitive (NS)/Low Risk

    Trust determination process

    Suitability/Fitness

  • Required Documents
    Required Documents

    Failure to submit any of the required documents by the closing date/time of the vacancy will result in your removal from consideration for this position. Please review your application prior to final submission and ensure you have submitted all appropriate documents. Uploading documents to USAJobs does NOT ensure inclusion with your application to our system. You must verify that the documents are in the system with your application prior to final submission.

    1. Your Resume - must contain the following information:

    • Name, address, telephone number, email address;
    • Supervisor's contact information, if available (indicate if you would prefer to be notified before your supervisor is contacted);
    • Job Title (if Federal Service, provide series and grade; if not in GS plan, provide GS equivalent grade);
    • If qualifying based on related unpaid (e.g. volunteer service) experience, you must provide hours worked per week and beginning/ending dates (mm/dd/yyyy to mm/dd/yyyy);
    • If other than full time you must provide hours worked per week.
    • An integral part of our selection process includes the completion of reference checks. Please provide the names and telephone numbers of three professional references (e.g., current and/or former supervisors, college or university professors, managers or coordinators of volunteer activities, etc.) who know your qualifications relative to this position and who we can contact to verify your credentials. Do not list personal friends or relatives.
    • PLEASE BE CLEAR AND SPECIFIC. WE WILL NOT MAKE ASSUMPTIONS REGARDING YOUR EXPERIENCE. If your resume/application does not support your questionnaire answers, we will not allow credit for your response(s). Your resume must contain sufficiently detailed information upon which to make a qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates (mm/dd/yyyy - mm/dd/yyyy) 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.
    • Should you submit multiple resumes, only the latest uploaded resume will be reviewed.
    2. A complete Occupational Questionnaire
    3. In addition to the online application (resume and responses to the occupational questionnaire), you are required to submit the following forms, if applicable. It is the responsibility of the applicant to ensure all documents are legible:
    • If you are using education as a substitution for experience (the announcement will state whether this is allowed), or if there is an educational requirement for this position, you must submit a copy of your transcripts (unofficial or official) that clearly describes your qualifying education. If selected, official transcripts will be required;
    • If you are claiming Veteran status, you must submit a copy of all required documents to support your claim (including a DD-214 showing character of service)--see VetGuide;
    • To receive consideration for a special appointment authority (30%, severely disabled, Peace Corps, ICTAP, VRA), you must submit all required documentation supporting your claim for Special Appointing Authorities;
    • Veterans who are still in the service may be granted tentative preference on the basis of information contained in their applications, but they must produce a DD-214 (showing the character of service) or other proof of service to receive consideration for veterans' preference. For more information on Veterans' Preference, please visit FedsHireVets.gov.

    If you are relying on your education to meet qualification requirements:

    Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.

    Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

  • Benefits
    Benefits

    A career with the U.S. Government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding.

    https://help.usajobs.gov/index.php/Pay_and_Benefits

    Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time, or intermittent. Contact the hiring agency for more information on the specific benefits offered.

  • How to Apply
    How to Apply

    Please follow all instructions carefully. Errors or omissions will affect your rating. If, after reviewing your resume and/or supporting documentation, a determination is made that you have inflated your qualifications and/or experience your rating may be adjusted to more accurately reflect your abilities.

    To apply for this position, you must complete the occupational questionnaire and submit the documentation specified in the Required Documents section below.

    The complete application package must be submitted by 11:59 PM (EST) on 08/31/2020 to receive consideration.

    • To begin, click Apply Online to create a USAJOBS account or log in to your existing account. Follow the prompts to select your USAJOBS resume and/or other supporting documents and complete the occupational questionnaire.
    • Click the Submit My Answers button to submit your application package.
    • It is your responsibility to ensure your responses and appropriate documentation are submitted prior to the closing date.
    • To verify your application is complete, log into your USAJOBS account, select the Application Status link and then select the more information link for this position. The Details page will display the status of your application, the documentation received and processed, and any correspondence the agency has sent related to this application. Your uploaded documents may take several hours to clear the virus scan process.
    • To return to an incomplete application, log into your USAJOBS account and click Update Application in the vacancy announcement. You must re-select your resume and/or other documents from your USAJOBS account or your application will be incomplete.

    Agency contact information Cara Scott Cara Scott
    Address

    Herndon National Guaranty Purchase Center
    1145 Herndon Parkway
    Herndon, VA 20170
    US
    Learn more about this agency

    Are you excited by the idea of helping to support $39 billion in small business financing and setting proper conditions to stimulate America's economic growth? SBA has been a leader in small business development for more than 60 years. In an increasingly globalized economy, we tackle challenges confronted by the small business community across geographic boundaries. Although times have changed since the SBA was founded in 1953, the Agency's mission-to promote the growth of small business-has not. Today, SBA is more vital than ever. We work in collaboration with partner organizations and using cutting-edge technologies and well-tested best practices to multiply our impact on small businesses.

    America's 28 million small businesses are the engine of job creation and economic growth in this country, creating nearly two out of every three new jobs in the United States and employing over half the nation's workforce. SBA ensures that these businesses have the tools and resources required to start and expand their operations, and create jobs that support a growing economy and strengthen America's middle class.

    The SBA and entrepreneurs drive American competitiveness and help grow the economy. Picture yourself at SBA.

    Visit our careers page

    Learn more about what it's like to work at Small Business Administration, what the agency does, and about the types of careers this agency offers.

    https://www.sba.gov/about-sba/sba-team/jobs-sba/

    Next steps

    Once your responses to the occupational questionnaire are received by our system, you will be sent an acknowledgement email stating that your submission was successful. After a review of your complete application is made, you will be notified of your rating and/or referral to the hiring official. If further evaluation or interviews are required you will be contacted. During the evaluation and interview process you may be asked to provide written responses to questions or writing samples. You may track the status of the application process through USAJOBS and you will be notified of the outcome.

Fair & Transparent

The Federal hiring process is setup to be fair and transparent. Please read the following guidance.

Equal Employment Opportunity Policy

The United States Government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy And gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.

Reasonable Accommodation Policy

Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application process should follow the instructions in the job opportunity announcement. For any part of the remaining hiring process, applicants should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.

A reasonable accommodation is any change to a job, the work environment, or the way things are usually done that enables an individual with a disability to apply for a job, perform job duties or receive equal access to job benefits.

Under the Rehabilitation Act of 1973, federal agencies must provide reasonable accommodations when:

  • An applicant with a disability needs an accommodation to have an equal opportunity to apply for a job.
  • An employee with a disability needs an accommodation to perform the essential job duties or to gain access to the workplace.
  • An employee with a disability needs an accommodation to receive equal access to benefits, such as details, training, and office-sponsored events.

You can request a reasonable accommodation at any time during the application or hiring process or while on the job. Requests are considered on a case-by-case basis.

Legal and regulatory guidance

Note: We cannot accept applications on behalf of Federal Agencies. Application instructions are listed within the Job Description.