Loan Specialist (Commercial)

Employer
USAJobs
Location
Washington, D.C
Posted
Sep 17, 2021
Closes
Sep 23, 2021
Function
Administrative
Hours
Full Time
Duties

Summary

This position is part of the Loan Programs Office, Department Of Energy. As a Loan Specialist (Commercial), you will monitor assets in the federal loan guarantee portfolio, as
approved and authorized under the Title XVII Innovative Energy Loan Guarantee Program (Title
XVII), the Advanced Technology Vehicles Manufacturing Program (ATVM), and the Tribal Energy
Loan Guarantee Program (TELGP).
Learn more about this agency

Responsibilities

As a Loan Specialist (Commercial), you will:
  • Monitor borrowers and guarantors for warning signs of credit deterioration and utilize a comprehensive risk management system that serves as a workflow management,
    covenant tracking, contact and credit rating system to ensure that project risks stay within
    acceptable bounds.
  • Lead the restructuring of all defaulting or defaulted projects that are deemed going
    concerns in accordance with acceptable federal and commercial standards in order to maximize recoveries for the U.S. taxpayer. Negotiates new terms with borrowers or other creditors as appropriate.
  • Monitor developments pertinent to the borrower's operating environment, i.e., price and demand movements, legal and regulatory changes, and structured changes within the sector. Presents analyses through a variety of means, including formal written studies and oral presentations.
  • Review, manage and respond to post-closure requests from borrowers and lenders for amendments to loan terms, waivers, extensions, payment deferments, and other modifications related to operative loans and guarantees. Identifies issues of contemporary and future impact on the work and conducts analysis of their implications and alternatives.
  • Collaborate with senior staff in the preparation of comprehensive position papers, memorandums, and briefing materials across all phases of operations for use with senior leaders that forward DOE goals and objectives.
  • Represent the Loan Programs Office (LPO) at interagency forums or inter-creditor discussions
    and at steering committees of creditors to discuss and coordinate LPO portfolio management policy and issues. Participates in public conferences as an authority in the field of Portfolio Management issues/topics (including risk management).
Duties quoted at GS-14 level -

Travel Required

25% or less - Travel up to 25% may be required.

Supervisory status
No

Promotion Potential
14

Requirements

Conditions of Employment

  • Must be a U.S. Citizen or National.
  • This employer participates in the e-Verify program.
  • Males born after 12/31/1959 must be registered for Selective Service.
  • Subject to satisfactory security and suitability requirements.
  • May be required to successfully complete a probationary period.
  • A Financial Disclosure Statement, OGE-450, Executive Branch Personnel Confidential Financial Disclosure Report upon entering the position and annually (5CFR Part 2634, Subpart I USOGE, 6/08). For more details visit the Office of Government Ethics.
  • This position is included in a Bargaining Agreement.


Qualifications

SPECIALIZED EXPERIENCE REQUIREMENTS: A qualified candidate's online application and resume must demonstrate at least one year of specialized experience equivalent to the next lower grade level in the Federal service. Specialized experience for the GS-14 position is defined as:
  • Reviewing and analyzing corporate and/or project finance structures and applicable credit risk for large-scale or commercial infrastructure projects.
  • Evaluating and monitoring, independently, large industrial and infrastructural project finance transactions of $50 million or more, including those in at least one of the following: energy generation (i.e., renewable and nuclear power energy), energy efficiency and storage, carbon capture, transmission lines, energy/automotive manufacturing, transportation, oil and gas, telecommunications, petrochemical or mining sectors; or large "corporate" loans for similar transactions.
  • Developing and using complex financial models, independently, for evaluation of loan performance and credit/risk analysis for transactions of $50 million or more.
  • Preparing project status and credit reports for presentation to Loan Committees or other governing boards.
  • Representing an organization at forums, discussions, committees, and conferences to discuss portfolio management policy and issues.
Specialized experience for the GS-13 is defined as:
  • Reviewing and analyzing corporate and/or project finance structures and applicable credit risk for large-scale or commercial infrastructure projects.
  • Evaluating and monitoring, independently, large industrial and infrastructural project finance transactions of $50 million or more, including those in at least one of the following: energy generation (i.e., renewable and nuclear power energy), energy efficiency and storage, carbon capture, transmission lines, energy/automotive manufacturing, transportation, oil and gas, telecommunications, petrochemical or mining sectors; or large "corporate" loans for similar transactions.
  • Developing and using complex financial models, independently, for evaluation of loan performance and credit/risk analysis for transactions of $50 million or more.
  • Preparing project status and credit reports for presentation to Loan Committees or other governing boards.

The OPM Group Qualification Standard for this position is: OPM Group Qualification Standard
Your application and resume should demonstrate that you possess the following competencies. Do not provide a separate narrative written statement. Rather, you must describe in your resume how your past work experience demonstrates that you possess the competencies identified below. Use specific examples of employment or experience contained in your resume and describe how this experience has prepared you to successfully perform the duties of this position.
"Experience" refers to paid and unpaid experience. Examples of qualifying unpaid experience may include: volunteer work done through National Service programs (such as Peace Corps and AmeriCorps); as well as work for other community-based philanthropic and social organizations. 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. CTAP/ICTAP candidates: To be considered "well qualified" you must meet all of the requirements as described in this section. You must meet all qualifications and eligibility requirements by the closing date of this announcement.

Education

Education cannot be used as a substitute for experience.

Additional information

  • The U.S. Department of Energy fosters a diverse and inclusive workplace and is an Equal Opportunity Employer.
  • This job opportunity announcement may be used to fill additional similar vacancies across DOE.
  • For general information on government-wide Telework polices visit: www.telework.gov
  • Hiring incentives may be authorized in accordance with agency policy and if funding is available.


How You Will Be Evaluated

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

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

Once the application process is complete, your resume and supporting documentation will be used to determine whether you meet the job qualifications. If you are minimally qualified for this job, your responses to the self-assessment questions (True/False, Yes/ No, Multiple Choice questions) will be evaluated and you will be placed into one of three pre-defined quality categories under Category Rating procedures. These categories are "Best Qualified", "Well Qualified", and "Qualified. If you rate yourself higher than is supported by your application materials, your responses may be adjusted and/or you may be excluded from consideration for this job.

Your qualifications will be evaluated on the following competencies (knowledge, skills, abilities and other characteristics):

  • Economics and Accounting
  • Federal Funds Processing
  • Financial Analysis
  • Negotiation
  • Risk Management
  • Writing

Application of Veterans' Preference: If you are a preference eligible candidate, you will be listed at the top of whichever quality category your rating places you in. CP/CPS veterans are placed at the top of the highest category for all positions except professional and scientific positions at GS-9 and higher.

Career Transition Assistance Programs: To receive selection priority for this position, you must: 1) meet the eligibility criteria; and 2) be rated "well-qualified", which is defined as scoring in the in Well Qualified category (or higher).

You must meet all qualifications and eligibility requirements by the closing date (09/21/2021) of this announcement.

To preview the Assessment Questionnaire, click https://apply.usastaffing.gov/ViewQuestionnaire/11196801 .

Background checks and security clearance

Security clearance
Not Required

Drug test required
No

Position sensitivity and risk
Moderate Risk (MR)

Trust determination process
Suitability/Fitness

Required Documents

To apply for this position, you MUST provide a complete application package which includes:
  • Your RESUME showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/day/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date).
  • Cover Letter, optional , expressing additional information not covered in your resume.
  • Transcripts, if specific educational requirements are indicated in this job announcement. Unofficial transcripts or any report listing institution, course title, credits earned (semester or quarter hour) and final grade is acceptable. It is your responsibility to provide adequate proof that you meet the educational requirements.
  • Veterans' Preference documentation, if applicable, DD-214 Member Copy 4 showing type of discharge/character of service; current active duty members- certification of expected discharge or release from active duty under honorable conditions dated within 120 days; SF-15 Form and related documentation; VA letter. For more information visit the USAJOBS Help Center & OPM CHCOC website for VOW information. Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation, if applicable(e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.) For more information see the OPM Guide to Career Transition .
Failure to submit any of the above mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.

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.

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