
Financial and Loan Specialist
Washington, DCFull-time$144–187K/yrPosted 1 day ago
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Job overview
This position is in the Small Business Administration’s Office of Capital Access in Washington, DC. The Financial and Loan Specialist serves as a policy expert for the 7(a) and 504 loan programs, developing loan policies, procedures, written materials, and training for SBA staff, lenders, and national trade groups.
Skills & qualifications
Skills
Qualifications
Full job description
Summary
This position is located in the Small Business Administration, Office of Capital Access in Washington, DC. The incumbent serves as a policy expert for the 7(a) and 504 loan programs in OFA. The incumbent is responsible for developing loan policies, procedures, written materials and training for the agency's 7(a) and 504 loan programs with SBA regional, district, and disaster office staff, SBA lenders, and national trade groups.
Duties
As a/an Financial and Loan Specialist at theGS- 1101-14, some of your typical work assignments may include: Support the activities of the 7(a) loan program. Plan, develop, and implement strategies for outreach and training activities. Develop and recommend Agency wide policies and procedures which govern Small Business Administrations (SBA's) 7(a) loan program. Develop and recommend the issuance of Standard Operating Procedures (SOPs), policy statements, interim regulations etc. governing the Agency's loan programs. Develop training material. Qualifications
GS-13: One year of specialized experience, equivalent to the GS-13 grade level in the Federal service, obtained in either the private or public sector: Analyzing and evaluating the financial statements of a business to structure commercial loans or determine eligibility within the SBA 7(a) program; and Underwriting, approving, or liquidating SBA 7(a) loans. These qualifications must be clearly referenced in your resume. 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 OPM's Qualifications web site: General Business and Industry Series 1101a 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 10/26/2026.
Education
There is no education substitution for this grade level. How You Will Be Evaluated
Your resume and supporting documentation will be reviewed to ensure you meet the minimum qualifications/eligibility requirements. If you meet the minimum qualifications/eligibility, your experience, education, and training will be rated using job-related experiences based on the competencies needed to perform the duties of the position. Qualified Subject Matter Experts (SME's) will review applicant materials to ensure they meet the specialized experience and technical requirements for this position. SME's are trained, follow confidentiality guidelines, and assess applicants objectively in accordance with federal hiring standards. SME's will review ONLY the first two (2) pages of your resume. SME's will not review additional information beyond your resume (e.g., cover letter, links embedded in your resume). The review will include a cut-off score based on the minimum level of required proficiency for the competencies described in this announcement. You must meet or exceed the designated cut-off score to receive consideration. You will not receive consideration for the position if you score below the cut-off score. The assessments relate to the following Competencies required to do the work of this position: Federal Loan Programs Oral Communication Writing If you meet basic requirements for the position, your application will be evaluated and placed into one of three categories: 1. Best-Qualified: highly proficient with an overall comprehensive level of knowledge, skills and abilities related to the job based on a complete review of experience, education, and training as described in an applicant's responses to the assessment questions and resume. 2. Well-Qualified: competent in the position with an overall accomplished level of knowledge, skills, and abilities related to the job based on a complete review of experience, training, and education as applicable, as described in an applicant's responses to the assessment questions and resume. 3. Qualified: an overall basic level of knowledge, skills, and abilities related to the job based on a complete review of experience, education, and training, as described in an applicant's responses to the assessment questions and resume. Candidates eligible for veterans' preference will be placed ahead of other candidates in the appropriate category for which they have been rated. Additionally, preference eligibles who have a compensable service-connected disability of at least 10 percent and who meet Minimum Qualification Requirements will automatically be placed in the Best Qualified Category. Other Information
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). Selective Service: If you are a male applicant born after December 31, 1959, you must certify that you have registered with the Selective Service System, or are exempt from having to do so under the Selective Service Law. For additional information visit www.sss.gov. Telework may be available. For information on Telework visit: http://www.telework.gov/ - Consistent with work requirements and current SBA Policy, and all applicable provisions of the collective bargaining agreement with AFGE the SBA offers employees opportunities to perform work at an alternative location (e.g. home).
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