Loan Specialist Commercial Job in Washington, DC

Vacancy No. 25-LP-00691 12618500 DH Department Department of Energy - Agency Wide
Salary $82,764.00 to $128,956.00 Grade 11 to 12
Perm/Temp Permanent FT/PT Full-time
Open Date 11/21/2024 Close Date 12/2/2024
Job Link Apply Online Who may apply Public
Locations:
Washington, DC


Summary

DOE offers you the chance to be part of the clean energy revolution and make a difference in the fight against the climate crisis. Join the DOE Clean Energy Corps!

Duties

This series covers positions managing, supervising, leading, and/or performing administrative and management work.

  • Vacancies filled under this public notice may have varying levels of promotion potential and supervisory level, if any.
  • Positions may be filled as permanent, term, or temporary with a full-time or part-time work schedule.

As a Loan Specialist Commercial you may:

  • Collects and reviews information for supervisors, including financial statements, covenant compliance, collateral, and news reports, and information gathered from site visits.
  • Analyzes corporate finance structures such as asset- based, or limited recourse project finance transactions to make sound financial decisions and recommendations.
  • Participates on teams, addressing the technical, legal-economic, and financial feasibility aspects of a transaction.
  • Reviews all post-issue requests from borrowers and lenders for amendments to loan terms, waivers, extensions, payment deferments, and other modifications related to operative loans and guarantees.
  • Utilizes expertise
    with project and corporate finance to evaluate the viability of a borrower, or guarantor in a federal or commercial loan portfolio.
  • Monitor borrowers or guarantors for warning signs of credit deterioration, and advising supervisors of incidents, occurrences, and trends that warrant special attention.

Requirements

Conditions of Employment

  • Must be a U.S. Citizen or National.
  • This employer participates in the e-Verify program.
  • Males born after 12/31/1959 must be registered for Selective Service.
  • Subject to the appropriate background investigation to determine suitability or fitness for federal employment. Continued employment is contingent upon favorable adjudications of periodic reinvestigations, if applicable.
  • May be required to successfully complete a probationary period.
  • These positions are to be filled under the Infrastructure Investment and Jobs Act, Inflation Reduction Act or Scientific, Technical, Engineering and Mathematics (STEM) direct hire authority.
  • Incumbent will be required to submit a Financial Disclosure Statement, OGE-450, Executive Branch Personnel Confidential Financial Disclosure Report upon entering the position and annually.
  • This position is included in a Bargaining Agreement.

Qualifications

You must meet the Basic Education Requirement listed in the "Education Requirements" section and the "Specialized Experience" to qualify for this series as described below.

SPECIALIZED EXPERIENCE REQUIREMENTS GS-11:: You must have one year of experience at a level of difficulty and responsibility equivalent to the GS-09 grade level in the Federal service. Experience is defined as:

  • Serving as an official liaison for all loan administrative reports/requests from project sponsors, borrowers, co-lenders, and Administrative or Collateral Agents.
  • Developing and using financial models and aggregate data from multiple sources, conducting sensitivity analyses, and assess repayment risk assessment efforts.
  • Monitoring technology developments as they relate to price and demand movements, regulatory changes and structural changes.
  • Serving on a team monitoring large-scale project finance or commercial infrastructure loans and addressing financial feasibility aspects of high-value loans for large-scale projects.
OR: Ph.D. or equivalent doctoral degree OR 3 full years of progressively higher-level graduate education leading to such a degree OR LL.M., if related. TRANSCRIPTS REQUIRED.

OR: You may qualify on a combination of education and experience, the total percentage of experience at the required grade level compared to the specialized experience requirement, as well as the percentage of completed education compared to the educational requirement must equal at least 100 percent. Only graduate level education more than 36 semester hours (54 quarter hours), may be used to combine education and experience. TRANSCRIPTS REQUIRED.

SPECIALIZED EXPERIENCE REQUIREMENTS GS-12: You must have one year of experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service. Experience is defined as:
  • Utilizing project finance structures and applicable credit risk for large-scale or commercial infrastructure projects.
  • Monitoring and evaluating the performance of large industrial and infrastructure project finance transactions of $50 Million or more including those in renewable energy, nuclear energy, power, transportation, oil and gas telecommunications, petrochemical's or mining sectors and large "corporate" loans for similar transactions.
  • Developing and using financial models for monitoring loan performance, credit/risk analysis, and preparing project status and credit reports for presentation to management or other governing boards.
  • Identifying adverse trends or violations in the borrower's financial condition that are identified through the consistent analysis of financial statements, market analysis and other mitigating factors and making recommendations to a higher authority in order to ensure compliance with loan terms and conditions

NOTE: There is no substitution of education for specialized experience at the GS-12 level.

OPM Qualification Standards for the GS-1165 series can be found at the following website: Loan Specialist Series, 1165 (opm.gov).

CTAP/ICTAP candidates: To be considered "well qualified" you must meet all of the requirements as described in this section.

Education

This vacancy has a positive education requirement. Failure to provide copies of your college transcripts may result in a rating of "Ineligible". Education must be obtained from an accredited institution recognized by the U.S. Department of Education. Foreign education must be reviewed by an organization recognized by the U.S. Department of Education. For special instructions pertaining to foreign education and a list of organizations that can evaluate foreign education, see the Department of Education website.

If substituting education for specialized experience you must submit proof of your qualifying education. Failure to provide college transcripts may result in a rating of 'Ineligible'. Education must be obtained from an accredited institution recognized by the U.S. Department of Education. Foreign education must be reviewed by an organization recognized by the U.S. Department of Education. For special instructions pertaining to foreign education and a list of organizations that can evaluate foreign education, see the Department of Education website.

Additional information

The U.S. Department of Energy fosters a diverse and inclusive workplace and is an Equal Opportunity Employer.

  • This job opportunity announcement may be used to fill additional similar vacancies across DOE.
  • For general information on government-wide Telework polices visit: www.telework.gov
  • Status and Non-Status applicants from outside DOE selected under these authorities are required to serve a mandatory one (1) year probationary period. A DOE career status employee selected for this position may be required to serve a new one (1) year probationary period, pursuant to 5 CFR 315.802.
  • If you believe that you are eligible for the Interagency Career Transition Assistance Program (ICTAP), please visit the OPM ICTAP/CTAP website for more information. In order to be considered under the ICTAP program, your application must score within the pre-established "well qualified" category as stated in the Qualifications section.
  • This public notice is to gather applications that may or may not result in a referral or selection.
  • There may or may not be actual/projected vacancies at the time of your application.
  • More than one selection may be made under these hiring authorities.
  • Some positions may require completion of a probationary period of up to 1 (one) year.
  • Many positions require successful completion of a background investigation.
  • Positions may be filled at varying levels of leadership, ie Team Lead, Manager, Supervisor.
  • Supervisory positions may require a 1-year probationary period, if not yet completed.
  • New employees to the Department of Energy will be required to successfully pass the E-Verify employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit www.dhs.gov/E-Verify
  • Veterans and persons with disabilities are encouraged to apply. For more information, please visit the links at the bottom of this page or visit the FedsHireVets website.
  • All males born after December 31st 1959 must abide by laws regarding Selective Service registration. To learn more about this law, visit the Selective Service web page, Who Must Register. If you are not registered and don't have an approved exemption, you will not be eligible for employment with the Federal government.
  • EEO Policy: USAJOBS Help Center - Equal employment opportunity policy
  • Reasonable Accommodation Policy: USAJOBS Help Center - Reasonable accommodation policy
  • Veterans Information: USAJOBS Help Center - Veterans
  • Selective Service Registration: http://www.sss.gov/
  • The Fair Chance Act prohibits specific inquiries concerning an applicant's criminal or credit background unless the hiring agency has made a conditional offer of employment to the applicant. An applicant may submit a complaint to the agency within 30 calendar days of the date of alleged non-compliance by completing the Fair Chance Act Intake Form and submitting it to the Administrative Investigations Program at AdministrativeInvestigations@hq.doe.gov.

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. Opens in a new windowLearn more about federal 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 You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

You will be evaluated for this job based on how well you meet the qualifications above.

This position is announced under a government-wide Direct Hire Authority (DHA) for Loan Specialist??????? positions in the GS- 1165 series. Under this Direct-Hire authority, applicants are required to meet minimum qualification requirements at the grade level(s) of interest. Veteran's Preference, Schedule A, Category Rating, and other methods of consideration DO NOT APPLY under Direct-Hire Authority regulations.

Appointments made under this authority will be processed as new appointments to the Civil Service. Current Civil Service employees would, therefore, be given new appointments to the Civil Service. Current Federal employees may be required to serve a new probationary period (5 CFR 315.802(b).

If your resume is incomplete or does not support the responses you provided in your online questionnaire, or if you fail to submit all required documentation before the vacancy closes, you may be rated 'ineligible', 'not qualified', or your score may be adjusted accordingly.

Successful candidates will possess the following competencies (knowledge, skills, abilities and other characteristics):

  • Economics and Accounting
  • Federal Funds Processing
  • Financial Analysis
  • Risk Management
  • Writing


To preview the Assessment Questionnaire, clickhttps://apply.usastaffing.gov/ViewQuestionnaire/12618500.

Required Documents

To apply for this position, you MUST provide a complete application package which includes:

  • Your RESUME showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/day/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date).
  • Cover Letter, optional, expressing additional information not covered in your resume.
  • Transcripts, if specific educational requirements are indicated in this job announcement. Unofficial transcripts or any report listing institution, course title, credits earned (semester or quarter hour) and final grade is acceptable. It is your responsibility to provide adequate proof that you meet the educational requirements.
  • Veterans' Preference documentation,if applicable, DD-214 Member Copy 4 showing type of discharge/character of service; current active duty members- certification of expected discharge or release from active duty under honorable conditions dated within 120 days; SF-15 Form and related documentation; VA letter. For more information visit the USAJOBS Help Center & OPM CHCOC website for VOW information.
  • Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation, if applicable(e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.) For more information see the OPM Guide to Career Transition.
Failure to submit any of the above mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.

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.

How to Apply

Please read the entire announcement and all the instructions before you begin an application. To apply for this position, you must complete the initial online application, to include submission of the required documentation specified in the Required Documents section.

The application process is as follows:

  1. You must have a login.gov account to sign into USAJOBS: USAJOBS Help Center - How to create a login.gov account
  2. To begin the application process in USAJOBS, click the Apply Online button.
  3. Answer the questions presented in the application and attach all required and supporting documentation and submit your application.
  4. Applications will not be accepted after 11:59 pm (ET) on the announcement closing date.
You may update your application, including supporting documentation, at any time during the announcement open period by returning to your USAJOBS account, select Update Application: https://my.usajobs.gov/Account/Login. This option will no longer be available once the announcement has closed.

To verify the status of your application, during and after the announcement open period, log into your USAJOBS account; applications will appear on the Welcome screen. The Application Status will appear along with the date your application was last updated. For information on what each application status means, visit: https://help.usajobs.gov/how-to/application/status.

If you need help with login.gov or USAJOBS (e.g., account access, Resume Builder) visit the USAJOBS Help Center: https://www.usajobs.gov/Help/

If you experience difficulty applying on USAJOBS, after clicking the Apply Online button, or you are experiencing a significant hardship hindering your ability to apply online, the Agency Contact listed in the announcement can assist you during normal business hours. If you receive any system error messages, take screenshots if possible, to aid technical support.

Agency contact information

Douglas Bert
Address
Loan Programs Office
Department of Energy
Human Capital Shared Service Center
1000 Independence Ave, SW
Washington, DC 20585
US
Learn more about this agency

Next steps

Once your online application is submitted you will receive a confirmation notification by email. The status of your application will be updated in USAJOBS as it is evaluated.

You can check the status by logging into USAJOBS. You may also sign up to receive automatic emails anytime the status of your application changes by logging into your USAJobs Account and editing the Notification Settings.

You will be contacted directly if an interview is required.

A Recruitment Incentive May Be Authorized for a newly selected employee when appointed to a permanent, temporary, or term position. A Federal employee who is transferring to the Department of Energy from another Federal agency and who does not meet the conditions under 5 CFR §575.102 is not eligible for a recruitment incentive.

A Relocation Incentive May Be Authorized for a Federal employee when the employee move, as directed by the Department of Energy (DOE), to a different location at least 50 miles away from the one where his/her position of record is currently located, due to a need of the DOE. A relocation incentive is not the same as a Permanent Change of Station (PCS) move and, as such, may be granted in conjunction with one another.

If you are interested in being added to our Schedule A or 30% or more Disabled Veterans repository, please submit your information by using the below links.
https://www.usajobs.gov/job/789178500 - 30 Percent or More Disabled Veteran Repository 2024 for Department of Energy
https://www.usajobs.gov/job/789179000 - Schedule A Repository 2024 for Department of Energy


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