What are the responsibilities and job description for the LOAN SPECIALIST (COMML) position at USDA Rural Development?
Summary
This position is located in Area Office in United States Department of Agriculture Rural Development (RD). The incumbent has responsibility for establishing, marketing, managing and servicing loans and grants for community facilities, public utilities, and/or businesses.
This vacancy announcement is open to current Montana State Rural Development employees only.
Learn more about this agency
Duties
Requirements
Conditions of Employment
Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including time-in-grade restrictions, specialized experience and/or education, as defined below.
Time in grade~ Current federal employees applying for a promotion opportunity must meet time-in-grade (TIG) requirement of 52 weeks of service at the next lower grade level in the normal line of progression for the position being filled.
GS-11 level~ Applicants must have 1 year of specialized experience equivalent to at least the GS-09; or its non-Federal equivalent that demonstrates thorough knowledge and understanding of complex mortgage, commercial loan making/servicing, and credit principles and practices in order to assess the fundamental soundness of business, corporate or municipal loans. Experience independently examining applications, reviewing corporate financial documents, and servicing activities on a variety of mortgage and commercial loans. Experience may have been gained in work equivalent to analyzing financial information provided by loan applicants; determining eligibility for loans, appraising real estate, repayment ability; reviewing, performing financial analysis of commercial concerns for investment purposes; servicing the loan portfolio of a bank and other loan association and approving applications for agricultural, commercial, and bank loans. OR Ph.D. or equivalent doctoral degree if related OR 3 full years of progressively higher-level graduate education leading to such a degree or LL.M., if related OR a combination of education as described and specialized experience.
GS-12 level~ Applicants must have one (1) year of specialized experience equivalent to at least the GS11; or its non-Federal equivalent that demonstrates~ Experience independently reviewing and making decisions on applications for commercial loans, municipal bonds, servicing a commercial/non-profit , and municipal loan portfolio, to include decision-making on liquidations.; performing financial and credit analysis of commercial concerns, reviewing and examining feasibility studies and business plan proposals based on business structures and economic factors. There is no education substitution for this grade level.
NOTE~ To be considered for this position, you must meet all qualification and eligibility requirements for the GS-1165 series set forth in the Office of Personnel Management (OPM) Qualification Standards by the closing date of the announcement. A copy is available at~ https~//www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards
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 and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Education
GS 11~ A transcript must be submitted with your application if you are basing all or part of your qualifications on education.
GS 12~ There is no education qualification requirement for this position.
Please Note~ A transcript must be submitted with your application if you are basing all or part of your qualifications on education.
Undergraduate and Graduate Education~ Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.
Additional Information
Career Transition Assistance Plan (CTAP), Reemployment Priority List (RPL)~ Visit the OPM website for information on how to apply as a CTAP, RPL eligible. To exercise selection priority for this vacancy, CTAP/RPL candidates must meet the basic eligibility requirements and all selective factors. CTAP candidates must be rated and determined to be well qualified (or above) based on an evaluation of the competencies listed in the How You Will Be Evaluated section. When assessed through a score-based category rating method, CTAP applicants must receive a rating of at least 85 out of a possible 100.
To be eligible for appointment to this position, the new hire must be cleared to come on board once the results of the fingerprint check, review of the OF-306, Declaration for Federal Employment, and the candidate's Electronic Questionnaires for Investigations Processing (eQIP) entries have been reviewed and determined to be satisfactory. This position requires a favorable credit check as part of the background investigation.
This position may be eligible to telework up to four days per week, based upon the duties of the position. This position may also be eligible for flexible work arrangements as determined by agency policy and any applicable collective bargaining agreements.
Read more
Rural Development
1400 Independence Ave SW
Washington, DC 20250
US
This position is located in Area Office in United States Department of Agriculture Rural Development (RD). The incumbent has responsibility for establishing, marketing, managing and servicing loans and grants for community facilities, public utilities, and/or businesses.
This vacancy announcement is open to current Montana State Rural Development employees only.
Learn more about this agency
Duties
- Reviews loan applications for completeness and conformance with RD statutory regulations, policies, procedures and practices; analyzes and inputs data into appropriate automated database systems.
- Prepares written loan approval determinations or recommendations for loan approval and submits to approving official as appropriate.
- Develops, implements and coordinates a broad and aggressive outreach and marketing program for assigned loan portfolio(s).
- The incumbent, in consultation with the supervisor, develops a mutually acceptable plan in establishing program priorities and objectives.
Requirements
Conditions of Employment
- You must be a US Citizen or US National.
- Males born after 12/31/1959 must be Selective Service registered or exempt.
- Subject to satisfactory adjudication of background investigation and/or fingerprint check.
- Successful completion of one year probationary period, unless previously served.
- Direct Deposit - Per Public Law 104-134 all Federal employees are required to have federal payments made by direct deposit to their financial institution.
- Successfully pass the E-Verify employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit https~//www.e-verify.gov/.
Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including time-in-grade restrictions, specialized experience and/or education, as defined below.
Time in grade~ Current federal employees applying for a promotion opportunity must meet time-in-grade (TIG) requirement of 52 weeks of service at the next lower grade level in the normal line of progression for the position being filled.
GS-11 level~ Applicants must have 1 year of specialized experience equivalent to at least the GS-09; or its non-Federal equivalent that demonstrates thorough knowledge and understanding of complex mortgage, commercial loan making/servicing, and credit principles and practices in order to assess the fundamental soundness of business, corporate or municipal loans. Experience independently examining applications, reviewing corporate financial documents, and servicing activities on a variety of mortgage and commercial loans. Experience may have been gained in work equivalent to analyzing financial information provided by loan applicants; determining eligibility for loans, appraising real estate, repayment ability; reviewing, performing financial analysis of commercial concerns for investment purposes; servicing the loan portfolio of a bank and other loan association and approving applications for agricultural, commercial, and bank loans. OR Ph.D. or equivalent doctoral degree if related OR 3 full years of progressively higher-level graduate education leading to such a degree or LL.M., if related OR a combination of education as described and specialized experience.
GS-12 level~ Applicants must have one (1) year of specialized experience equivalent to at least the GS11; or its non-Federal equivalent that demonstrates~ Experience independently reviewing and making decisions on applications for commercial loans, municipal bonds, servicing a commercial/non-profit , and municipal loan portfolio, to include decision-making on liquidations.; performing financial and credit analysis of commercial concerns, reviewing and examining feasibility studies and business plan proposals based on business structures and economic factors. There is no education substitution for this grade level.
NOTE~ To be considered for this position, you must meet all qualification and eligibility requirements for the GS-1165 series set forth in the Office of Personnel Management (OPM) Qualification Standards by the closing date of the announcement. A copy is available at~ https~//www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards
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 and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Education
GS 11~ A transcript must be submitted with your application if you are basing all or part of your qualifications on education.
GS 12~ There is no education qualification requirement for this position.
Please Note~ A transcript must be submitted with your application if you are basing all or part of your qualifications on education.
Undergraduate and Graduate Education~ Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.
Additional Information
Career Transition Assistance Plan (CTAP), Reemployment Priority List (RPL)~ Visit the OPM website for information on how to apply as a CTAP, RPL eligible. To exercise selection priority for this vacancy, CTAP/RPL candidates must meet the basic eligibility requirements and all selective factors. CTAP candidates must be rated and determined to be well qualified (or above) based on an evaluation of the competencies listed in the How You Will Be Evaluated section. When assessed through a score-based category rating method, CTAP applicants must receive a rating of at least 85 out of a possible 100.
To be eligible for appointment to this position, the new hire must be cleared to come on board once the results of the fingerprint check, review of the OF-306, Declaration for Federal Employment, and the candidate's Electronic Questionnaires for Investigations Processing (eQIP) entries have been reviewed and determined to be satisfactory. This position requires a favorable credit check as part of the background investigation.
- If selected, you will be required to submit Form OGE-450 within 30 days of your initial appointment date, and annually thereafter. Selectee is subject to financial Disclosure Requirements in accordance with 5 CFR, Part 2635, Sub part E regarding business or personal transactions with applicants, borrowers, or business contacts who have or who are seeking business with this Agency. Selectee must be able to obtain and maintain a security clearance. If selected you will be subject to a National Agency Check and Inquiry (NACI) and a credit report.
- If you are selected for a position with further promotion potential, you will be placed under a career development plan, and may be non-competitively promoted if you successfully complete the requirements and if recommended by management. However, promotion is neither implied nor guaranteed.
- Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc) should contact~ USDA's TARGET Center at 202-720-2600 (voice and TDD).
This position may be eligible to telework up to four days per week, based upon the duties of the position. This position may also be eligible for flexible work arrangements as determined by agency policy and any applicable collective bargaining agreements.
Read more
- 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.
Rural Development
1400 Independence Ave SW
Washington, DC 20250
US
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