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- 1165-11, some of your typical work assignments may include: Performs servicing, purchasing, and liquidation of delinquent loans or potentially delinquent loans. Reviews liquidation plans setting out the steps to be followed to achieve the orderly liquidation of the particular debt. Determines when all reasonable collection efforts have been exhausted and recommends that a loan be charged-off. 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). Analyzes potential "work-outs" in common situations and develops recommendations for standard plans for repayment of the debt through restructured amortization, extended maturities, etc. Reviews and analyzes requests from direct borrowers or requests from participant lenders in relation to servicing, liquidating and purchasing loans. Makes recommendations on these requests to supervisor/team leader.
What you need to qualify
GS-11: One year of specialized experience, equivalent to the GS-09 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 and identifying financial management problems and recommending appropriate action; and Gathers and reviews borrowers data (i.e., loan balances, liens, collateral, assets) to determine potential recovery efforts. These qualifications must be clearly referenced in your resume. Education Substitution for Specialized Experience (GS-11): 3 academic years of progressively higher-level graduate education. OR Ph.D. or equivalent doctoral degree OR LL.M., in a field directly related to the position. Education must be in a field which demonstrates the knowledge, skills, and abilities necessary to perform the duties of the position. OR A combination experience as described in "A" and graduate level education as described in "B", when combined, are equivalent to 100% of the qualification requirement. Only graduate level education in excess of two full years (36 semester hours) may be used in this calculation. To compute, first determine the total number of graduate level hours that exceed 36 semester hours, and then divide that number by 18 to arrive at a percentage. Then, divide the total number of months of qualifying experience by 12 to arrive at a second percentage. Add the two percentages together. The sum of the percentages must equal at least 100% to qualify. 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 08/20/2026.
Before you apply
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