Loan Technician

Posted on: March 31, 2020 • Category: General Business

Apply By: April 06, 2020
No. of Jobs: 1
Job Type: Full-Time
Pay Type: Salary
Compensation: $34,916-$50,598
Education: N/A

Belvia Stevenson
Phone 1: 254-742-9705
belvia.stevenson@usda.gov
USAJOBS
USDA, Rural Development
1904 W. Lafayette
Jacksonville, Morgan County, IL 62650
US
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Qualifications:
  • You must be a US Citizen or US National
  • Males born after 12/31/1959 must be Selective Service registered or exempt
  • Subject to satisfactory adjudication of background investigation and/or fingerprint check
  • Successful completion of one-year probationary period, unless previously served.
  • Direct Deposit - Per Public Law 104-134 all Federal employees are required to have federal payments made by direct deposit to their financial institution
  • Successfully pass the E-Verify employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit E-Verify at https://www.e-verify.gov/

Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including specialized experience and/or education, as defined below.

For GS-05: Applicants must possess one (1) year of specialized experience equivalent to at least the GS-04; or its non-Federal equivalent that demonstrates: the ability to perform a full range of clerical assignments and required resolution of recurring problems related to loan/grant programs. Work consists of related steps, processes or methods requiring identification and recognition of the differences from among a variety of recurring situations regarding loan/grant programs. The work requires subject-matter knowledge of the organizations programs, business practices, rules, processes or operations in order to determine what is being done, why actions are taken and how to accomplish assignments. Experience may have been gained in work comparable to compiling, maintaining, and updating data, list, and reports using knowledge of where data is obtained and independently acquiring information to perform standard tasks OR 4 full years of progressively higher-level education leading to such a degree. Equivalent combination of education and experience are qualifying for this grade level.

For GS-06: Applicants must possess one (1) year of specialized experience equivalent to at least the GS-05; or its non-Federal equivalent that demonstrates: use of specialized clerical assistance to perform a full range of standard and non-standard assignments resolving a variety of non-recurring problems and including a variety of assignments having different unrelated steps, processes, or methods such as processing transactions for credit programs, commercial, real estate, or other loan/grant programs having similar characteristic but requiring the use of different steps, procedures or methods to complete the process. Experience may have been gained in work comparable to examining program applications for completeness, discrepancies, meeting eligibility requirements, and other special requisites and identifying situations that are inconsistent with previous experience in similar situations using available information, regulations, or other guidelines or may involve fraud, etc. There is no substitution of education for experience at the GS-06 level.

NOTE: To be considered for this position, you must meet all qualification and eligibility requirements for the GS-1101 series set forth in the Office of Personnel Management (OPM) Qualification Standards by the closing date of the announcement. A copy is available at: https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards

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 and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

Responsibilities:
  • Reviews and analyzes various loan/grant-making and related documents, forms and materials submitted for eligibility determinations, adequacy, completeness, accuracy of information, and conformity to established procedures and requirements.
  • Explains programs to customers and responds to technical inquiries from internal or external customers. Interprets and provides guidance on regulations and procedural requirements and provides information as requested.
  • Monitors system data and generates related reports to ensure servicing compliance; determines and undertakes correction either directly or by way of advice of Specialist.
  • Monitors delinquency and/or foreclosure reports and addresses of delinquent borrowers, working under the direction of Loan Specialists on the more complex problem cases. Processes payments for servicing functions such as legal fees, appraisals, etc.
Other Information:

This position is located in an Area or State Office for USDA, Rural Development (RD). Serves as a trainee. The incumbent provides information to the public as well as technical and clerical support on various loan, grant, and loan guarantee programs administered by RD. The incumbent initiates and prepares correspondence and maintains and prepares records, reports, and files. Uses automated systems to perform work assignments.

There are three vacancies at any one or more of the following locations: Jacksonville, Mount Vernon and Marion, Illinois.

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