Loan Specialist

Job Summary

This position is located in the Farm Service Agency, South Carolina State Office, and is responsible for administering farm loan programs in a USDA Service Center serving one or more counties. The successful candidate will assist the Farm Loan Manager in reviewing and passing upon applications for agricultural loans, servicing an agricultural loan portfolio, and providing technical advice and guidance to loan applicants and borrowers.

Key Responsibilities

• Conducts interviews with loan applicants, reviews loan applications, and makes preliminary inquiries to develop factual information to assess the eligibility of applicants.
    • Provides technical advice, guidance, and credit counseling to loan applicants and borrowers.
    • Has delegated loan approval authority to approve loans within a specific limit.
    • Makes recommendations on agency farm loan programs and eligibility requirements.
    • Applies technical knowledge 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.

Requirements

• Must be a U.S. citizen or national.
    • Must be registered with the Selective Service System if a male born after December 31, 1959.
    • Must pass a background investigation and/or fingerprint check.
    • Must successfully complete a one-year probationary period, unless previously served.
    • Must have direct deposit set up with a financial institution.
    • Must pass the E-Verify employment verification check.

Qualifications

The successful candidate must have a bachelor's degree in finance, business administration, economics, accounting, engineering, mathematics, banking and credit, law, statistics, or another field related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology. Alternatively, the candidate must have three years of progressively responsible general experience, one year of which was equivalent to at least the GS-4 level, that required gathering and analyzing facts and figures, and presenting the information or conclusions in clear oral and written language. The candidate must also have knowledge of the principles of financial analysis or of insurance laws, such as contract property, life, casualty, or marine insurance.

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