Loan Specialist (Commercial)
What you'd do
This position is located in the Small Business Administration, Office of Capital Access in Birmingham, AL, Herndon, VA, El Paso, TX, Citrus Heights, CA, Fresno, CA and Santa Ana, CA. The incumbent(s) serves as a Loan Specialist in one of the Commercial Loan Service Centers or National Guaranty Purchase Center and is responsible for performing servicing, purchase, or liquidation activities.
Major duties
As a/an Loan Specialist (Commercial) at theGS- 1165-9, some of your typical work assignments may include: Performs a variety of tasks for servicing, purchasing and liquidating loans. Reviews assigned loan file to become acquainted with the characteristic requirements, collateral, and terms of the loan. Gathers and reviews facts and data relating to the loan balance, lien situations, collateral, interest of other creditors, and any assets of the borrower which may provide recovery to the Agency. Contacts lenders/Certified Development Companies (CDC's) to discuss the business, the loan situation and explore all available alternatives. Gathers information from borrowers, major creditors, and legal representatives to make recommendations to maximize recovery to the Agency and minimize loss to the obligor(s). With guidance from the Supervisor and more senior Loan Specialists, reviews participant lender's final wrap up report information and determines when all reasonable collection efforts have been exhausted and recommends that a loan be charged-off.
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: performing servicing, purchasing, and/or liquidation of consumer and commercial loans; and analyzing, evaluating and identifying financial management problems and recommending appropriate action. These qualifications must be clearly referenced in your resume. Education Substitution for Specialized Experience (GS-9): 2 academic years of progressively higher-level graduate education. OR 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 (e.g. 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). Education must be in a field which demonstrates the knowledge, skills, and abilities necessary to perform the duties of the position. 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. All qualification requirements must be met by 11:59 pm (Eastern Time) on 08/20/2026.
Before you apply
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