Loan Specialist (Commercial)


About the organization

Are you excited by the idea of helping to support $39 billion in small business financing and setting proper conditions to stimulate America's economic growth? SBA has been a leader in small business development for more than 60 years. In an increasingly globalized economy, we tackle challenges confronted by the small business community across geographic boundaries. Although times have changed since the SBA was founded in 1953, the Agency's mission-to promote the growth of small business-has not. Today, SBA is more vital than ever. We work in collaboration with partner organizations and using cutting-edge technologies and well-tested best practices to multiply our impact on small businesses.


This position is being filled in response to the Coronavirus Aid, Relief, and Economic Security Act.

Appointment type - Temporary - 1 year

Many vacancies in the following locations: Little Rock, AR; Fresno, CA; Citrus Heights, CA; Hazard, KY; and Herndon, VA

As a Loan Specialist you will perform the following duties:
- Assessing Business Ownership and Management Capability
- Determining Repayment ability for Commercial Loans
- Evaluating Proposed Collateral
- Stipulating Loan Terms and Conditions
- Making Eligibility Determinations
- Assessing Business Financial Condition
- Recommending Loan Approval/Decline
- Obtaining additional information required for loan processing
- Addressing and resolving issues with loan submissions


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: as a loan processor, underwriter, financial analyst, portfolio manager, or other like position with responsibility for making repayment and other eligibility determinations about the loan application package; utilizing automated systems including the data entry, tracking and processing of loan applications with attendant documents such as credit reports, appraisals, business valuations, environmental reviews or franchise agreements pertaining to a commercial loan.

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:

Loan Specialist Series; GS-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.


$76,721 to $112,240 per year

Application instructions

Contact email: [email protected]

See application link.

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Equal Opportunity Employment

The posting employer has certified that this announcement complies with Peace Corps’ Equal Opportunity Employment policy:

The Peace Corps is committed to providing equal opportunity to all employees, Volunteers, and applicants for employment and volunteer service. Peace Corps policy prohibits discrimination and harassment because of race, color, religion, sex, national origin, age (40 or over), disability, sexual orientation, gender identity, gender expression, marital status, parental status, political affiliation, union membership, genetic information, or history of participation in the Equal Employment Opportunity process, grievance procedure, or any authorized complaint procedure.

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