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Position Title
Loan Specialist (Commercial) - Virtual
Agency
Small Business Administration
Announcement Number
20-201-CS Opens in new window
Open Period
Friday, April 3, 2020 to Friday, May 22, 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. From the responses below, select the ONE response that BEST describes how your experience meets the basic requirements for the Loan Specialist (Commercial) position at the GS-12 grade level. Make sure your resume supports the response that you select.
(limit characters)
For each task listed below, select a statement from A through E that BEST describes your level of experience, education, and/or training. Note: For each question below, you MUST document your skill level in your resume. For example, if you rate yourself at the expert level (E) for a skill or task, you must document when you have supervised or trained others doing that skill or task. If you rate yourself at the independent level (D), you must show that you performed this skill or task as a regular and recurring part of a job. Ensure your resume clearly supports your responses to these questions. (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. Underwrite business and commercial loans.
(limit characters)
3. Understand government guaranteed loan programs.
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4. Determine cash flow and repayment ability of commercial and business loans.
(limit characters)
5. Determine eligibility for a business or commercial loan application.
(limit characters)
6. Analyze the financial condition of obligors (i.e. borrower or guarantor).
(limit characters)
7. Evaluate assets and collateral to determine recovery values and available equity.
(limit characters)
8. Determine collateral required for business or commercial loans at origination.
(limit characters)
9. Service commercial loans from origination through liquidation.
(limit characters)
10. Liquidate commercial real estate and business collateral personal property.
(limit characters)
11. Review financial statements, collateral, repayment ability and other credit considerations to make financial decisions.
(limit characters)
12. Explain complex issues related to loan origination, servicing and liquidation actions.
(limit characters)
13. Explain regulations, policies and procedures related to loan origination, servicing and liquidation.
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14. Conduct training for outside organizations on policies and procedures.
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15. Present financial information to persuade superiors, subordinates, lenders, borrowers and other parties regarding loan origination, servicing, and liquidation actions.
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16. Analyze financial statements and tax returns.
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17. Analyze assets and the current and future financial condition of a borrower or obligator.
(limit characters)
18. Develop workout strategies considering a variety of alternatives.
(limit characters)
19. Assess recoverable value of obligator's assets based on enforced collection procedures.
(limit characters)
20. Analyze the liquidation strategy for the potential for maximum recovery based on available collateral and status of the obligors.
(limit characters)
21. Develop liquidation and workout strategies.
(limit characters)
22. Assess recoverable value of obligators assets based on enforced collection process.
(limit characters)
23. Analyze and evaluate a full range of business and commercial loan collateral to determine expected recovery value.
(limit characters)
24. Analyze lien information to determine expected equity and recovery value.
(limit characters)
25. Review expenses associated with the care and preservation of collateral.
(limit characters)