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Position Title
Loan Specialist (Commercial)
Agency
Small Business Administration
Announcement Number
20-183-CS Opens in new window
Open Period
Monday, March 30, 2020 to Thursday, April 16, 2020
For preview purposes only. To apply, please return to the USAJOBS announcement and click the Apply button.
Eligibilities
1. Do you claim Veterans’ Preference? (limit characters)
2. Are you a current or former federal employee displaced from the agency hiring for this position? If yes, confirm:
  • you are located in the same local commuting area of the vacancy; AND,
  • you are applying to a position that is at or below the grade level of the position from which you were or will be separated; AND,
  • you are applying to a position that does not have greater promotion potential than the position from which you were or will be separated; AND,
  • your last performance rating of record is at least fully successful or the equivalent.
For more information, review the USAJOBS Help Center.

To verify your eligibility, you must submit supporting documentation such as a Reduction in Force (RIF) separation notice or a Proposed Removal/Separation notice to include your latest performance rating (if the notice does not have this information included, you must submit a copy of your most recent performance appraisal) and a copy of your latest Notification of Personnel Action, Standard Form 50.
(limit characters)
3. Are you a current or former federal employee displaced from a position in a Federal agency other than the agency hiring for this position? If yes, confirm:
  • you are located in the same local commuting area of the vacancy; AND,
  • you are applying to a position that is at or below the grade level of the position from which you were or will be separated; AND,
  • you are applying to a position that does not have greater promotion potential than the position from which you were or will be separated; AND,
  • your last performance rating of record is at least fully successful or the equivalent.
For more information, review the USAJOBS Help Center.  

To verify your eligibility, you must submit supporting documentation such as a Reduction in Force (RIF) separation notice to include your latest performance rating (if the notice does not have this information included, you must submit a copy of your most recent performance appraisal) and a copy of your latest Notification of Personnel Action, Standard Form 50.
(limit characters)
Preferences
1. Select the locations you want to be considered for. You must choose at least one location. (limit characters)
2. Would you accept a temporary appointment? (limit characters)
Assessment 1
We will evaluate your resume and responses to this Assessment Questionnaire to determine if you are among the best qualified for this position. Your responses are subject to verification and must be supported by your resume and supporting documents.
 
(limit characters)
1. Select the one statement below that BEST describes your experience to meet the basic requirements for the Loan Specialist (Commercial) GS-09.

(limit characters)
Select the one statement that most accurately describes your training and experience carrying out each task using the scale provided. (limit characters)
2. Review routine and recurring business or commercial loan applications of a non-complex nature in order to determine eligibility. (limit characters)
3. Review financial statements, collateral, repayment ability and other credit considerations of a non-complex nature to make financial decisions. (limit characters)
4. Evaluate commercial loan applications to determine if the applicant business is eligible (e.g., is the loan properly structured, does the loan meet the collateral requirements and have all of the necessary loan conditions been met). (limit characters)
5. Apply financial accounting standards, principles, and practices to business financial reports in connection with commercial loan requests.
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6. Analyze business and financial information in order to assess the financial and management condition of commercial loan borrowers.
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7. Analyze and evaluate the cash flow for small sized businesses to determine loan repayment ability for less complex and routine business loan applications.
(limit characters)
8. Review financial statements, collateral, repayment ability and other credit considerations of a non-complex nature to make financial decisions.
(limit characters)
9. Assess the financial and management condition of a commercial loan borrower in order to prepare a Loan Officer Report for approval and/or declination.
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10. Make determinations and recommendations for approving or declining commercial loan applications.
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11. Explain general issues related to commercial loan origination and servicing actions. (limit characters)
12. Explain regulations, policies and procedures related to commercial loan origination and servicing. (limit characters)
13. Present basic financial information to persuade superiors, subordinates, lenders, borrowers and other parties regarding commercial loan origination and servicing actions. (limit characters)