Loan Specialist
What you'd do
This position is located in the Small Business Administration, Birmingham Disaster Loan Service Center in Birmingham, AL. The incumbent serves as a Loan Specialist and is responsible for servicing or liquidating a full range of disaster business and home loans.
Major duties
As a/an Loan Specialist at theGS- 1165-9, some of your typical work assignments may include: Analyzes financial statements of obligors and endeavors to determine their prospects for continued payment on consumer and commercial loans in connection with modifications of payments or other loan terms. Works closely with financial institutions and other commercial entities. Prepares written recommendations for charge off actions on consumer and commercial loans where all collateral has been disposed of or where SBA determines that further liquidation of collateral is not economically feasible. Reviews charged off consumer and commercial loans that are subject to periodic review to endeavor to discover assets that may be available. Reviews routine and standard consumer and commercial loan documents and determines SBA's rights in the collateral. Inventories collateral to assure that all pledged property is available or duly accounted for. Obtains appraisals and liquidating value of the inventoried property. Investigates and determines financial responsibility of obligors who may be liable for the payment of indebtedness for use in connection with recommending collection procedures, or legal action to enforce payment. IMPORTANT NOTES This is a TERM appointment. The Term appointment does not confer competitive status, reinstatement rights, or eligibility for non-competitive conversion to a permanent job to the individual(s) selected. You may be promoted or reassigned to another term position within SBA's Office of Capital Access; however, you may not be non-competitively appointed to another Federal position. You will be given an initial Term Appointment lasting more than 1 year, but not more than 4 years. If all other conditions of employment are met, this appointment may be extended, up to a total of four (4) years in increments determined by SBA.
What you need to qualify
GS-09: One year of specialized experience, equivalent to the GS-07 grade level in the Federal service, obtained in either the private or public sector: applying the knowledge of regulations and procedures governing the servicing, purchasing, and/or liquidation of consumer and commercial loans: analyzing, evaluating and identifying financial management problems" and recommending appropriate action. These qualifications must be clearly referenced in your resume. Substitution for Specialized Experience (GS-9) Master's degree (or equivalent graduate degree such as LL.B. or J.D. as specified in qualification standards or individual occupational requirements) directly related to the position: finance, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agricultural economics, farm, livestock or ranch management, or rural sociology. Education must be in a field which demonstrates the knowledge, skills, and abilities necessary to perform the duties of the position. OR 2 academic years of progressively higher-level graduate education. OR A combination of education and experience. For example, 1 full year (18 semester hours or 27 quarter hours) of graduate-level education (i.e. 50% of education required) and 6 months of creditable specialized experience (i.e. 50% of the required experience) would equal 100% of the required experience for the position. Additional information on the qualification requirements is outlined in the OPM Qualifications Standards Handbook of General Schedule Positions. It is available for your review on OPM's Qualifications web site: Loan Specialist Series 1165 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, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Generally, time in Non-Pay status as a federal employee is not creditable towards the specialized experience requirement listed above. All qualification requirements must be met by 11:59 pm (Eastern Time) on 08/14/2026.
Before you apply
Federal applications are different: your resume should be 3–5 pages and mirror the language of this announcement. Read our federal resume guide first — it's the #1 reason qualified people get screened out.
Don't miss the next one.
Get an email the moment a similar federal job opens — postings can close in as little as 5 days.