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This position is part of the Loan Programs Office, Department of Energy. As a Loan Specialist (Commercial), you will provide assistance to Portfolio Manager(s), on discrete project assignments, and to the designated Supervisory Loan Specialist on research necessary for the assessment of credit and project risks, associated with high-value loans for innovative or commercially ready clean energy generation, and component manufacturing projects, and advanced technology vehicles.
Learn more about this agency01/27/2023 to 02/10/2023
$78,592 - $122,459 per year
GS 11 - 12
5 vacancies in the following location:
No
Yes—as determined by the agency policy.
Occasional travel - You may be expected to travel for this position.
No
Permanent
Full-time
Competitive
12
No
No
23-LP-00459-11809229-DE
702739300
U.S. Citizens, Nationals or those who owe allegiance to the U.S.
Federal employees who meet the definition of a "surplus" or "displaced" employee.
All U.S. Citizens
As a Loan Specialist (Commercial) you will:
BASIC REQUIREMENT: In order to meet the basic requirements for the Loan Specialist Series, you must have the following:
A. 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.
OR
B. Specialized Experience (for positions above GS-5): 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.
In addition to meeting the "Basic Requirements", you must also meet the "Specialized Experience Requirements" described below.
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-11 position is defined as one year of specialized at the GS-09:
OR: Ph.D. or equivalent doctoral degree or 3 full years of progressively higher level graduate education leading to such a degree in the following fields: finance, accounting, banking and credit or other related coursework.
OR: An equivalent combination of the above education and experience.
Specialized experience for the GS-12position is defined as one year of specialized at the GS-11:
The Individual Occupational Standard is: Loan Specialist Series 1165 (opm.gov)The OPM Group Qualification Standard for this position is: Administrative and Management Positions
"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.
This vacancy has a positive education requirement. In order to be rated as qualified, you must provide copies of your college transcripts. Failure to provide copies of your college transcripts may result in a rating of "Ineligible". Education must be obtained from an accredited institution recognized by the U.S. Department of Education. Foreign education must be reviewed by an organization recognized by the U.S. Department of Education. For special instructions pertaining to foreign education and a list of organizations that can evaluate foreign education, see the Department of Education website.
If substituting education for specialized experience you must submit proof of your qualifying education. Failure to provide college transcripts may result in a rating of 'Ineligible'. Education must be obtained from an accredited institution recognized by the U.S. Department of Education. Foreign education must be reviewed by an organization recognized by the U.S. Department of Education. For special instructions pertaining to foreign education and a list of organizations that can evaluate foreign education, see the Department of Education website.
This Series 1165 has an Individual Occupational Requirements which is as follows:
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.
OR
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.
Some federal jobs allow you to substitute your education for the required experience in order to qualify. For this job, you must meet the qualification requirement using experience alone--no substitution of education for experience is permitted.
Education must be obtained from an accredited institution recognized by the U.S. Department of Education. Foreign education must be reviewed by an organization recognized by the U.S. Department of Education. For special instructions pertaining to foreign education and a list of organizations that can evaluate foreign education, see the Department of Education website.
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):
To apply for this position, you MUST provide a complete application package which includes:
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.
Please read the entire announcement and all the instructions before you begin an application. To apply for this position, you must complete the initial online application, to include submission of the required documentation specified in the Required Documents section. A complete application package must be submitted by 11:59 PM (EST) on the announcement closing date to receive consideration.
The application process is as follows:
Once your online application is submitted you will receive a confirmation notification by email. The status of your application will be updated in USAJOBS as it is evaluated.
You can check the status by logging into USAJOBS. You may also sign up to receive automatic emails anytime the status of your application changes by logging into your USAJobs Account and editing the Notification Settings.
You will be contacted directly if an interview is required.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/702739300. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
The Loan Programs Office is located in the Asset Monitoring & Supervision group (LP-51), Portfolio Management Division (PMD or LP-50), Loan Programs Office (LPO), U.S. Department of Energy, with a duty location in Washington, DC.
The ideal candidate will have experience in Project Finance transactions, or other long-term investments dependent on revenues from a single Special Purpose Entity. These transactions also employ contractual agreements, collateralization, and covenant structures.
The PMD is responsible for proactive monitoring and management of all project finance and corporate finance transactions approved by the DOE through the LPO. The role of PMD is to administer LPO loans and guarantees and maximize recoveries to the US taxpayer by providing ongoing disbursement and post-issue request processing; conducting performance oversight and credit reporting for executed loans during the construction, start-up, and operations phases; ensuring that project risks stay within acceptable levels; restructuring all defaulting or defaulted projects that are deemed ongoing concerns in accordance with acceptable commercial standards; performing accurate and timely processing of all claims; and providing comprehensive reports on portfolio performance to the appropriate constituencies.For more information, visit: LPO.
