Loan Specialist (Commercial)

Department of Agriculture - Agriculture, Rural Development · Multiple Locations

Company

Department of Agriculture - Agriculture, Rural Development

Location

Multiple Locations

Type

Full Time

Job Description

This position is located in a State or Area Office in USDA/Rural Development (RD).

The incumbent deals with loans either made or guaranteed by the government and grants for very small commercial loans and grants.

This position may be eligible for hiring incentives.

Initial cutoff date for referral consideration will be 5/30/2024.

This position is neither remote nor virtual. The employee will be expected to report in person to the assigned duty location.

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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 E-Verify at https://www.e-verify.gov/

Qualifications

Applicants must meet all qualifications and eligibility requirements by the cut off dates of the announcement including specialized experience and/or education, as defined below.

For the GS-9 level: Applicants must have 1 year of specialized experience equivalent to at least the GS-07; or its non-Federal equivalent that demonstrate experience assisting higher graded specialists with loan underwriting, for example, experience processing mortgage, business, or commercial loans up to the point of final approval by a specialist with loan approval authority, i.e., examining applications, credit reports and other supporting documents; or assisting loan specialists with servicing activities on loans OR possess a Master's or equivalent graduate degree OR two (2) full years of progressively higher level graduate education leading to such a degree OR an LL.B. or J.D., if related (see qualifying fields of study below). Equivalent combination of education and experience are qualifying at this grade level.

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.

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

This job does not have an education qualification requirement.

Additional information

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.

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).

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.

One of the following incentives may be offered:
- Student Loan Repayment incentive.
- Relocation incentive.
- Recruitment incentive.
- Creditable Service for Annual Leave Accrual incentive.
- Superior Qualifications Appointment.

This is an open continuous vacancy announcement that is actively being used to fill current and future vacancies.

To receive consideration for vacancies, applicants must submit a complete application prior to the established cut-off date(s).
The initial cut-off date will take place on May 30, 2024 to begin the initial applicant consideration. Applications received after this date will be considered only if needed for future vacancies.
The cut-off dates are May 30, 2024; June 10, 2024; June 24, 2024; July 8, 2024; July 22, 2024; August 5, 2024, and August 17, 2024.
You are encouraged to apply as early as possible. This announcement will remain open until the closing date indicated; If you make corrections and resubmit your application, the date the application is last submitted will be used to determine those who are considered to have met the cut-off date.

NOTE: The period of eligibility for applications is throughout the announcement until the closing date or until 500 applications are received for each location. Applicants will be referred periodically throughout the announcement period at any time a vacancy becomes available, and selections may be made at any point during the announcement open period. The agency will issue a list of eligible applicants to hiring officials within the period of eligibility. Applicants may make changes to applications to ensure experience is current.

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.

The State Office of New York is a bargaining unit state. Selectees hired in the State Office of New York will be hired in a bargaining unit position under AFGE Local 2381 Bargaining Unit 1990 and is therefore eligible for labor organization representation.

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.