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Position Title
Loan Specialist (Commercial) - Virtual
Agency
Small Business Administration
Announcement Number
20-200-CS Opens in new window
Open Period
Friday, April 3, 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)
Preferences
1. Would you accept a temporary appointment? (limit characters)
Assessment 1
1. Select the statement that best describes your experience to qualify for the GS-12 Loan Specialist. (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. Analyze complex ownership structures of businesses and their affiliates to determine proper loan structure.
(limit characters)
3. Review analyses and financial information to assess the owners' management experience and potential for success.
(limit characters)
4. Apply financial analysis skills to determine cash flow, capacity to service debt, and the overall business' financial condition.
(limit characters)
5. Apply lending, underwriting, and associated skills to make overall credit risk assessments.
(limit characters)
6. Evaluate collateral and other loan terms and conditions to ensure they are sound and within program requirements and guidelines.
(limit characters)
7. Apply a set of complex rules, regulations, and policy to determine eligibility for a variety of programs, including commercial loans to small businesses.
(limit characters)
8. Analyze complex business proposals to ensure they are within the scope of the program.
(limit characters)
9. Address and recommend mitigating terms and conditions appropriate to protect the interest of the Government.
(limit characters)
10. Draft authorizations for loan approvals stipulating all loan terms and conditions.
(limit characters)
11. Analyze complex business financial statements for a variety of legal structures including corporations, LLCs, and joint ventures to determine the interrelationships of the entities.
(limit characters)
12. Apply an in-depth knowledge of accounting principles and practices, financial statements, and credit analysis to make loan approval/decline recommendations.
(limit characters)
13. Prepare reports summarizing the merits of the request along with findings and recommend approval or denial of requests.
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14. Explain loan origination standard operating procedures, federal regulations, and complex issues with lenders.
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15. Work with lenders to explain concepts relating to financial information and the processing of federally guaranteed lending programs
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16. Work with lenders to resolve inconsistencies and technical deficiencies in their request.
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17. Provide well-researched and succinct responses to complex customer inquiries involving law, regulation, policy and procedure to external and internal customers.
(limit characters)