Loan Specialist

This position is located in the Small Business Administration, Birmingham Disaster Loan Service Center in Birmingham, AL. The incumbent serves as a Loan Specialist and is responsible for servicing or liquidating a full range of disaster business and home loans.

As a/an Loan Specialist at theGS- 1165-9, some of your typical work assignments may include: Analyzes financial statements of obligors and endeavors to determine their prospects for continued payment on consumer and commercial loans in connection with modifications of payments or other loan terms. Works closely with financial institutions and other commercial entities. Prepares written recommendations for charge off actions on consumer and commercial loans where all collateral has been disposed of or where SBA determines that further liquidation of collateral is not economically feasible.

Reviews charged off consumer and commercial loans that are subject to periodic review to endeavor to discover assets that may be available. Reviews routine and standard consumer and commercial loan documents and determines SBA's rights in the collateral. Inventories collateral to assure that all pledged property is available or duly accounted for.

Obtains appraisals and liquidating value of the inventoried property. Investigates and determines financial responsibility of obligors who may be liable for the payment of indebtedness for use in connection with recommending collection procedures, or legal action to enforce payment. IMPORTANT NOTES This is a TERM appointment.

The Term appointment does not confer competitive status, reinstatement rights, or eligibility for non-competitive conversion to a permanent job to the individual(s) selected. You may be promoted or reassigned to another term position within SBA's Office of Capital Access; however, you may not be non-competitively appointed to another Federal position. You will be given an initial Term Appointment lasting more than 1 year, but not more than 4 years. If all other conditions of employment are met, this appointment may be extended, up to a total of four (4) years in increments determined by SBA.