Loan Specialist (Realty) Team Lead

Roanoke, Virginia
Jan 21, 2023
Jan 27, 2023
Full Time

Major Duties:

The incumbent will work as a member of the Loan Production (LP) Value Stream (VS).
  • Directing, planning, setting priorities and assignment of work to Loan Specialists within the LP Section as directed by the Loan Production Officer (LPO) or Assistant Loan Production Officer (ALPO).
  • Make decisions and judgments on complex issues resulting from critical local economic situations having considerable program impact.
  • Reviews and recommends approval or denial of automatic lender applications and is central point of control for all lender maintenance functions.
  • Resolves issues regarding interpretation of the law, regulations, and procedures using guidance provided by the LPO.
  • Makes recommendations on processes and decisions in accordance with economic developments and changes in law or regulation.
  • Provide training to lenders and program participants and VA employees tailored to specific needs.
  • Provides quality review for normal case review and prior approval underwriting cases.
  • Maintains training logs and records of employee development and assists employees in skills necessary to accomplish their assigned duties as directed by the LPO/ALPO.
Promotion Potential: This position is at the full performance level
Work Schedule: 8:00 a.m.-4:30 p.m., Monday-Friday
Compressed/Flexible: Available IAW local policy
Telework: Available IAW local policy
Virtual: This is not a virtual position.
Position Description/PD#: Loan Specialist (Realty) Team Lead/PD39038A
Relocation/Recruitment Incentives: Not Authorized
Financial Disclosure Report: Not required


Conditions of Employment

  • You must be a U.S. Citizen to apply for this job
  • You may be required to serve a probationary period
  • Subject to background/security investigation
  • Selected applicants will be required to complete an online onboarding process


This position has Individual Occupational Requirements(IOR), which have been established by the Office of Personnel Management which must be met in addition to the standard specialize experience.

Undergraduate and Graduate Education: Major Study--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.


Specialized Experience: Experience that demonstrated competence in agricultural, commercial, realty, or other types of loans. Experience may have been gained in such work as reviewing and passing upon applications for agricultural, commercial, bank or mortgage loans; servicing a loan portfolio of a bank or other loan association; performing financial analysis of commercial concerns for investment purposes; appraising real estate to determine property valuation; or similar work.

Note: In addition to meeting the Individual Occupational Requirements, applicants must also meet the qualifications listed below.

To qualify for this position, applicants must meet all requirements by the closing date of this announcement, 01/26/2023.

Time-In-Grade Requirement: Applicants who are current Federal employees and have held a GS grade any time in the past 52 weeks must also meet time-in-grade requirements by the closing date of this announcement.
  • For a GS-12 grade level position you must have served 52 weeks at the GS-11. The grade may have been in any occupation but must have been held in the Federal service. An SF-50 that shows your time-in-grade eligibility must be submitted with your application materials.
Note: You must provide a copy of your most recent SF-50, "Notification of Personnel Action" showing you are in the competitive service and the highest grade or promotion potential held. If the most recent SF-50 has an effective date within the past year, it may not clearly demonstrate you possess one year time-in-grade, as required by the announcement. In this instance, you must provide an additional SF-50 that clearly demonstrates one year time-in-grade.

You may qualify based on your experience and/or education as described below:

Specialized Experience: In addition to the above IOR, one full year, or more, of specialized experience performing work that is in or related to the work of this position is also required to be found qualified at the GS-12 level. This experience must have been equivalent to at least the GS-11 level in the Federal service. Experience that has equipped the applicant with the 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. Specialized experience is characterized by a thorough knowledge and demonstrated expertise of underwriting practices required in the VA's guaranteed home loan program. Expertise would display advanced understanding of the concepts outlined in the VA Lender's Handbook, VA PAM-26-7 and 38 CFR 36.4340.

Examples of specialized experience would typically include, but are not limited to:
  • Experience demonstrating a competence in agricultural, commercial, realty, or other types of loans.
  • Experience such as reviewing and passing along applications for agricultural, commercial, bank or mortgage loans.
  • Experience servicing a loan portfolio of a bank or other loan association.
  • Experience performing financial analysis of commercial concerns for investment purposes.
  • Experience appraising real estate to determine property valuation, or similar work.
Note: To receive proper credit for your experience, please be sure to include the dates of employment as well as the hours worked for each position in your resume. (i.e. 12/16/13 - 10/15/16, 40 hours per week.) Please also be sure to address the below Specialized Experience with specific details in your resume. We cannot make assumptions regarding your experience.

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; religions; 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.

Note: A full year of work is considered to be 35-40 hours of work per week. Part-time experience will be credited on the basis of time actually spent in appropriate activities. Applicants wishing to receive credit for such experience must indicate clearly the nature of their duties and responsibilities in each position and the number of hours a week spent in such employment.

Physical Requirements: This work is predominantly sedentary, although there is some standing, walking, bending, stooping, and carrying of light items such as files, computer printouts, and other types of records. Must be able to carry on effective interviews and telephone conversations. The incumbent must be able to travel by common carrier and be able to operate a motor vehicle.

For more information on these qualification standards, please visit the United States Office of Personnel Management's website at http://:// .


There is no educational substitution at this grade level.

Additional information

COVID-19 Pandemic Expanded Telework Program - Due to COVID-19, VA is currently in an expanded telework posture. If selected, you may be expected to temporarily telework, even if your home is located outside the local commuting area. Once employees are permitted to return to the office, you will be expected to report to the duty station listed on this announcement. Management officials will provide information about returning to the official, pre-pandemic worksite, when applicable. At that time, you may be eligible to request to continue to telework depending upon the terms of your organization's telework policy and the duties of the position.

VA supports the use of telework as a way to help attract and retain talented individuals in public service, increase worker productivity, and better prepare the agency to operate during emergencies. This position may be authorized for telework. Telework eligibility will be discussed during the interview process.

The Career Transition Assistance Plan (CTAP) provide eligible displaced VA competitive service employees with selection priority over other candidates for competitive service vacancies. To be qualified you must submit appropriate documentation (a copy of the agency notice, your most recent performance rating, and your most recent SF-50 noting current position, grade level, and duty location) and be found well-qualified (have a final rating of 85 or more) for this vacancy. Information about ICTAP and CTAP eligibility is on OPM's Career Transition Resources website at .

Placement Policy: The posting of this announcement does not obligate management to fill a vacancy or vacancies by promotion. The position may be filled by reassignment, change to lower grade, transfer, appointment, or reinstatement. Management may use any one or any combination of these methods to fill the position.

It is the policy of the VA to not deny employment to those that have faced financial hardships or periods of unemployment.

This job opportunity announcement may be used to fill additional vacancies.

Veterans and Transitioning Service Members: Please visit the VA for Vets site for career-search tools for Veterans seeking employment at VA, career development services for our existing Veterans, and coaching and reintegration support for military service members.

For more information on the "Who may apply" eligibility requirements, please refer to the OHRM Status Candidates and Other Candidate Definitions document.

If you are unable to apply online or need to fax a document you do not have in electronic form, view the following link for information regarding an Alternate Application .

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