Loan Specialist (Commercial)
Job Location:
Citrus Heights, CA - USA
Yearly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
This position is located in the Small Business Administration Citrus Heights 7a Loan Guaranty Processing Center in Citrus Heights CA. The incumbent serves as a Loan Specialist and is responsible for evaluating loan applications for program eligibility and credit worthiness requiring experience with business structures and financial Statement analysis.
As a Loan Specialist (Commercial) at the GSsome of your typical work assignments may include:
- Analyzes a wide variety of commercial loan applications characterized by varying corporate and financial structures and which might contain limited financial data.
- Evaluates commercial loan requests to determine applicants eligibility and proper loan structure including capital injection collateral and other requirements.
- Assesses managements experience and past performance to determine the potential for successful operation of the applicant business entity.
- Investigates essential commercial credit factors to determine the merits of granting loan guaranties with reasonable assurance of repayment of proposed loan proceeds.
- You must be a U.S. Citizen
- You must successfully complete a background investigation.
- You may be required to serve a one-year probationary period.
GS-12: One year of specialized experience equivalent to the GS-11 grade level in the Federal service obtained in either the private or public sector:
- performing as a loan processor underwriter financial analyst portfolio manager; and
- making repayment and eligibility determinations about loan application packages.
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 OPMs 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 09/17/2026.
There is no education substitution for this grade level.
Reasonable Accommodation Requests: If you believe you have a disability (i.e. physical or mental) covered by the Rehabilitation Act of 1973 as amended and Americans with Disabilities Act 1990 as amended that would interfere with completing the USA Hire Competency Based Assessments you will be granted the opportunity to request a reasonable accommodation in your online application. Requests for Reasonable Accommodations for the USA Hire Competency Based Assessments and appropriate supporting documentation for Reasonable Accommodation must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for Reasonable Accommodations are made on a case-by-case basis. If you meet the minimum qualifications of the position after notification of the adjudication of your request you will receive an email invitation to complete the USA Hire Competency Based Assessments. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments if you received the link after the close of the announcement. To determine if you need a Reasonable Accommodation please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments
Career and InterAgency Career Transition Assistance Programs: Are programs that applies to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed.
Career Transition Assistance Plan (CTAP) is a program that helps surplus or displaced federal employees improve their chances of finding a new job in their current agency (intra-agency i.e. SBA employees only).
Inter-Agency Career Transition Assistance (ICTAP) is a program that helps surplus or displaced federal employees improve their chances of finding a new job at another agency (inter-agency; i.e. not applying to their current or former agency).
You are eligible for CTAP/ICTAP if:
1. You are a current federal employee who meets the definition of a surplus or displaced employee meaning you have received official notice that your job is no longer needed or that you will lose your job by Reduction-in-Force (RIF).
2. Your agency or the agency to which you are applying is accepting applications from within or outside of the permanent workforce.
3. The position to which you are applying MUST BE in the Local Commuting Area of the position of record from which you are being displaced.
4. You meet the qualifications and other requirements of the job for which you are applying. This includes being rated as well-qualified for the position (score of 85 or better based on your responses to the competencies and associated questions listed within the assessment).
Candidates should be committed to improving the efficiency of the Federal government passionate about the ideals of our American republic and committed to upholding the rule of law and the United States Constitution.
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.
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 Experience:
IC
