loan Assistant/loan Specialist (rlty)

Department Of Agriculture Las Vegas, NV
* Duties

Help Duties Summary

Currently one (1) vacancy will be filled which may be located in one of the following Nevada duty locations: Carson City, Elko, Fallon or Las Vegas Area Offices. The official duty location will be selected after final selection is made.

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Responsibilities

This position will be located in a Nevada Area Office with USDA Rural Development (RD). The incumbent approves and services loans for small (one to four family) residential dwellings. The incumbent works with loans and grants made or guaranteed by the government for very low, low and moderate income families in rural areas to purchase, build or repair single family residences. The specialist conducts analysis of credit, earnings and other factors to determine the applicant's eligibility and capacity to repay the proposed loan through examination of available information. The following duties is a brief overview and should not be considered all-inclusive at the GS-9 (FPL) level.

* Reviews loan applications for completeness and conformance with all RD requirements;

* Prepares as applicable, conditional commitment, funding commitment and notification of loan closing, and certificate of eligibility and either approves or submits to approving official;

* As directed by the Centralized Servicing Center (CSC), conducts field site visits to determine occupancy and conformance with Single Family Housing (SFH) loan requirements for liquidation actions; and

* Develops, implements and coordinates an outreach and marketing program for the SFH program.

Travel Required

Occasional travel - 1-5 days per month

Supervisory status

No

Promotion Potential

09

Who May Apply This job is open to…

Permanent USDA Rural Development agency employees and USDA CTAP/RPL eligibles in the local commuting area.

Questions? This job is open to 2 groups.

* Job family (Series)

1165 Loan Specialist

* Requirements

Help Requirements Conditions of Employment

* United States Citizenship is required.

* Males born after 12-31-59 must be registered/exempt from Selective Service.

* Must meet Time-in-Grade requirements by closing date of announcement.

* Must meet qualification requirements by closing date of announcement.

* Relocation and Travel Expenses will not be paid.

* Required to use a government issued charge card for official travel.

* CONFIDENTIAL FINANCIAL DISCLOSURE REPORT: If selected, you will be required to submit Form OGE-450 within 30 days of your initial appointment date, and annually thereafter. Selectee is subject to financial Disclosure Requirements in accordance with 5 CFR, Part 2635, Sub part E regarding business or personal transactions with applicants, borrowers, or business contacts who have or who are seeking business with this Agency.

* Selectee must be able to obtain and maintain a security clearance. If selected you may be subject to a National Agency Check and Inquiry (NACI) and a credit report inquiry.

Qualifications

Applicants must meet all qualification and eligibility requirements for the GS-1165 series set forth in the Office of Personnel Management (OPM) Qualification Standards by the closing date of the announcement including time-in-grade restrictions, specialized experience and/or education, as defined below.

Time in Grade: Applicants must meet one year at the next lower grade to be considered for the next higher grade (e.g. one year at the GS-11 grade level for consideration for the GS-12 grade level).

Specialized experience is required to qualify for this position. Specialized experience is any experience that equipped the applicant with the particular knowledge, skills, and abilities to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled. To be creditable, specialized experience must have been equivalent to at least the next lower grade level in the normal line of progression for the occupation in the organization.

To qualify at the GS-7: Applicant must have one (1) year of specialized experience equivalent to at least the GS-5; or its non-Federal equivalent that demonstrates basic knowledge of loan examining and/or servicing principles, procedures and techniques as they apply to investigation, analysis, and evaluation of financial factors and credit risks in relation to the granting and servicing of mortgage loans. Experience may have been gained in work equivalent to furnishing general information concerning loan programs, eligibility requirements, financial and credit requirements; reviewing loan applications for eligibility and financial soundness; and analyzing information provided by loan applicant and making recommendations to a higher-level loan specialist about loan eligibility OR possess one (1) full year of graduate level education OR Superior Academic Achievement (see definition of SAA below) OR an equivalent combination of experience and education as noted above are acceptable.

To qualify at the GS-9: Applicant must have one (1) year of specialized experience equivalent to at least the GS-7; or its non-Federal equivalent that demonstrates knowledge and understanding of mortgage loan making/servicing and credit principles and practices in order to assess the fundamental soundness of single family housing loans and to independently examine applications, supporting documents, and credit reports, and maintain servicing activities on small mortgage loans. Experience may have been gained in work equivalent to furnishing information to borrowers and applicants on loan programs, eligibility requirements, financial and credit requirements; analyzing information provided by loan applicants, determining eligibility for mortgage loans, and making loan recommendations to a senior employee; assisting senior level employees in initiating action to graduate borrowers who are eligible for other credit sources; and participating in providing credit counseling to all borrowers and debt adjustment services OR possess a Master's or equivalent graduate degree OR two (2) full years of progressively higher level graduate education leading to such a degree OR an LL.B. or J.D., if related (see qualifying fields of study below) OR an equivalent combination of experience and education as noted above are acceptable.

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.

Education

S.A.A. is based on (1) class standing, (2) grade-point average, or (3) honor society membership.

* Class standing -- Applicants must be in the upper third of the graduating class in the college, university, or major subdivision, such as the College of Liberal Arts or the School of Business Administration, based on completed courses.

* Grade-point average (G.P.A.)-- Applicants must have a grade-point average of:

* 3.0 or higher out of a possible 4.0 ("B" or better) as recorded on their official transcript, or as computed based on 4 years of education, or as computed based on courses completed during the final 2 years of the curriculum; or

* 3.5 or higher out of a possible 4.0 ("B+" or better) based on the average of the required courses completed in the major field or the required courses in the major field completed during the final 2 years of the curriculum.

* Election to membership in a national scholastic honor society -- Applicants can be considered eligible based on membership in one of the approved national scholastic honor societies.

If qualifying based on Undergraduate and/or Graduate Education: Major fields of study - finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other field related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.

All academic degrees or course work must be completed in an educational institution that has obtained accreditation from an accrediting body recognized by the U.S. Department of Education.