Loan Assistant

6 days left

Location
Washington DC
Posted
Sep 02, 2023
Closes
Oct 02, 2023
Ref
EXC-23-PDC-12116349
Function
Administrative
Hours
Full Time
Summary

THIS ANNOUNCEMENT IS FOR THE CURRENT 2023 DISASTER SEASON. YOU MAY NEED TO REAPPLY NEXT YEAR IF INTERESTED IN WORKING FOR THE 2024 HURRICANE SEASON. CURRENT EMPLOYEES NEED NOT APPLY. FINAL PAY RATE WILL BE DETERMINED BY EMPLOYEE'S HOME ADDRESS AND IS NOT NEGOTIABLE.

Duties

PLEASE TAKE NOTE: Due to the amount of mandatory overtime, outside employment is strongly discouraged.

As a Loan Assistant at the GS-1165-5/7, some of your typical work assignments may include:
  • Review pertinent facts and make eligibility determinations by analyzing factors such as intended use of proceeds, legislative and administrative limits, etc.
  • Contact banks and other third parties to obtain information necessary to formulate loan recommendations.
  • Respond to inquiries from applicants, their representatives and agents, and others concerning the status of applications and reasons for Agency decisions.
  • Process loan modifications by performing necessary analysis and preparing full documentation supporting the analysis.
  • Assist Case Managers with closing and disbursing approved loans.
Important Notes:
  • This is a Temporary position, which is a excepted service status position with a full-time work schedule.
  • Mandatory Overtime: In order to respond quickly and efficiently to disaster survivors, substantial compensated overtime hours may be required while on assignment (up to seven days a week and ten to twelve hours a day)
  • This position is not included in a bargaining unit.
  • This position is telework eligible as determined by agency policy. Employees' primary residence will be their ONLY duty station and work location. However, employees within the local commuting area for the PDC may be required to work on-site if retained post Hurricane Season.
  • Salary is non-negotiable; however additional locality pay may be added to the above salary based on the employee's residence or work location.


Requirements

Conditions of Employment

  • This is a non bargaining unit position.
  • You must be a U.S. Citizen.
  • Favorable background investigation and credit check are required.
  • Credit score below 500 may negatively impact consideration in the hiring process.
  • Mandatory Overtime: In order to respond quickly and efficiently to disaster survivors, substantial compensated overtime hours may be required while on assignment (up to seven days a week and ten to fourteen hours a day).


Qualifications

Generally, time in Non-Pay status is not creditable towards the specialized experience requirement listed below.
You must meet all qualification requirements by the closing date of this announcement.
You may qualify based on experience, education or a combination of both.


Experience: To receive credit, you must indicate the month and year as well as the average hours worked per week for each employer or that experience will not be credited for meeting the specialized experience requirement.

GS-05: To qualify you must have at least three (3) years of general experience in a pay or work status, one (1) year of which is equivalent in difficulty and complexity to the GS-04 level in the Federal service. This experience must demonstrate the following:
  • Gathering and analyzing facts and figures and presenting information or conclusions orally and in writing, OR
  • Providing knowledge on the principles of financial analysis or of insurance laws. This experience may have been gained performing functions such as the following:
    • Working with loans;
    • Reviewing credit reports and/or mortgage documents;
    • Interpreting and explaining pay information to employees;
    • Gathering, analyzing, or presenting financial or insurance information; etc.
GS-07: To qualify you must have at least 1 full year (52 weeks) of specialized experience equivalent in difficulty and complexity to the GS-05 level in the Federal service that has equipped you with the particular knowledge, skill, and ability to perform successfully in this position. This experience may have been gained in a Non-Federal service position. In addition, this Specialized Experience must be related to or demonstrate at least one (1) of the following:
  • Mortgage underwriting of simple residential lending to include making recommendations on loans, OR
  • Analyzing consumer Consumer Bureau Reports (CBR's) to make determinations on credit worthiness, OR
  • Auto lending.
OR

Education

If qualifying based on education, you must submit transcripts to be eligible.

GS-05: Must have a bachelor's or equivalent undergraduate degree in ANY field or 4 full years of related progressively higher level education leading to such a degree, from an accredited college or university. Recent graduates with a bachelor's degree in a related field from an accredited college or university with no prior lending experience are encouraged to apply.

GS-07: Bachelor's degree with GPA of 3.0 or better (Superior Academic Achievement) OR have at least one (1) year of graduate education, in a related field from an accredited college or university (see explanation below):

Superior Academic Achievement
is based on (1) class standing, (2) grade-point average, or (3) honor society membership.1. Class standing - Applicants must be in the upper third of the graduating class in the college, university, or major subdivision, based on completed courses.2. Grade-point average - Applicants must have a grade-point average of: 3.0 or higher out of a possible 4.0 as recorded on their official transcript, or as computed bases on 4 years of education, or as computed based on courses completed during the final two years of the curriculum; OR 3.5 or higher out of a possible 4.0 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.3. Election to membership in a national scholastic honor society.

Related 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.

OR

A combination of experience and education as indicated above.


Additional information

If you work or are expected to work at least 90 consecutive days and 130 hours per month, you will become eligible for health insurance benefits only.

Benefits

A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

Review our benefits

Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Applications will be reviewed for qualifications. You will be contacted directly if selected.

Benefits

A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

Review our benefits

Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.

Required Documents

As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.

Required Documents
Toapply for this position, you must provide a complete Application Package which includes: 1. Your Resume showing average hours worked per week, dates of employment and duties performed. 2. Completed Questionnaire.
  • Preview at:https://apply.usastaffing.gov/ViewQuestionnaire/12116349
3. Other supporting documents, such as:
  • College Transcript(s), if qualifying based on education.
    • Unofficial transcripts may be submitted during the application process; however, official transcripts will be required if selected.
  • Veterans' Preference documentation, if applicable (e.g. DD-214 Member Copy 4 or other DD-214 copy showing type of discharge/character of service, SF-15 Form and related documentation, VA letter, etc.)
DO NOT SEND YOUR RESUME OR ANY APPLICATION DOCUMENTS TO THE AGENCY CONTACT.

YOUR LATEST RESUME SUBMITTED FOR THIS POSITION WILL BE USED FOR QUALIFICATION DETERMINATIONS AND SUPERSEDES PREVIOUS SUBMISSIONS.


If you are relying on your education to meet qualification requirements:

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.

Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

How to Apply

To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section below. The complete application package must be submitted by 11:59 PM (EST) on 10/01/2023 to receive consideration.
  • To begin, click Apply Online to access an online application. Follow the prompts to select your USAJOBS resume and/or other supporting documents. You will need to be logged into your USAJOBS account or you may need to create a new account.
  • You will be taken to an online application. Complete the online application, verify the required documentation, and submit the application.
  • You will receive an email notification when your application has been received for the announcement.
  • To verify the status of your application, log into your USAJOBS account, select the Application Status link and then select the More Information link for this position. The Application Status page will display the status of your application, the documentation received and processed, and your responses submitted to the online application.
Your uploaded documents may take several hours to clear the virus scan process.

Agency contact information

PDC HR

Phone

817-868-2300

Email

PDCHR3@SBA.GOV

Address

Processing and Disbursement Center - PDC
14925 Kingsport Road
Fort Worth, TX 76155
US

Next steps

Once your online application is submitted you will receive a confirmation notification by email.

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