Financial and Loan Specialist

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.

Major 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-14: 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. If you are a current career or career-conditional federal employee applying for promotion under Merit Promotion you must have completed a minimum of 52 weeks in positions at the next level lower than the position being filled. 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.