Loan Specialist (Agricultural) (Pathways Recent Graduate)
Company: USDA Farm Service Agency
This is a Recent Graduate position in the Pathways Program.
The program duration is one year and upon successful completion of the program requirements, the incumbent may be converted to a term, career or, career conditional position.
The specific location for the position will be determined upon selection. Salary will be adjusted based on the locality pay area in which you are selected.
Farm Loan Officers (FLOs) are required to successfully complete all of the requirements of the Farm Loan Training Program. FLOs may be reassigned to another training office during their training program. In addition, upon completion of training program, FLOs may be reassigned, at any time, to a different duty station if workload activity changes or vacancies occur. This position works in a developmental capacity receiving on-the-job and classroom training in the administration of farm loan programs.
This position assists the Farm Loan Manager in administering farm loan programs in a USDA Service Center serving one or more Counties.
- As a participant in the Pathways Recent Graduates Program selectee's major responsibilities are: Making, servicing, and supervising loans;
- Providing technical advice, guidance, and credit counseling to loan applicants and borrowers;
- Has delegated loan approval authority to approve loans within a specific limit;
- Has knowledge of agency farm loan programs and eligibility requirements;
- Has knowledge of the technicalities of farm financing and credit, financial management concepts and practices, farm operations, land use and value, production and marketing of various crops and livestock, and prices and markets in the serviced farming areas.
Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including the following specialized experience and/or education, as identified below.
Student Status: Applicants must have completed a qualifying associates, bachelors, masters, professional, doctoral or technical/vocational degree or certificate from a qualifying educational institution within the previous two years from the application deadline.
Current students who are within four months of graduation will be considered. Please include your expected graduation date on your resume. If selected, you must receive your degree prior to appointment.
(NOTE: You must attach a copy of your transcripts. Failure to submit your transcripts will result in an ineligible rating.)
Preference eligible veterans who were precluded from applying due to their military service obligation begin their 2-year eligibility period upon release or discharge from active duty. Eligibility for these Veterans cannot exceed 6 years from the date on which the degree (or certification) was completed.
Pathways Participant Agreement: All Recent Graduates are required to sign the Pathways Program Participant Agreement which outlines program requirements and noncompetitive conversion eligibility.
Minimum Qualification Requirement:
For the GS-9 level:
- Two full academic years of progressively higher level graduate education or master's or equivalent graduate degree (LLB, JD, LLM, Ph.D., etc.) from an accredited college or university with a major field of study in finance, business administration, economics, accounting, engineering, mathematics, banking and credit, law, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology; OR
- One year of specialized experience equivalent in difficulty and responsibility to the GS-7 level in the Federal service or private sector equivalent. Experience that demonstrates competence in agricultural loans. Experience may have been gained in such work as reviewing and passing upon applications for agricultural loans; servicing an agricultural loan portfolio of a bank or other loan association; or similar work. Experience that demonstrates knowledge of credit principles and practices to assess the fundamental soundness of individual loans by independently examining applications, supporting documents, and credit reports, and maintaining servicing activities on small agricultural loans. In addition, experience must demonstrate knowledge and understanding of farm operations, land use and value, production of various crops and livestock, and prices and markets in the farming area where loans are made and serviced; OR
- A combination of education and experience as listed above.
EEO & Affirmative Action Statements
USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).