Loan Specialist

GS-11: One year of specialized experience, equivalent to the GS-09 grade level in the Federal service, obtained in either the private or public sector: -Performing in depth analysis of obligor's financial statements, tax returns, and earning potential of a variety of business enterprises; AND -Making recommendations for SBA residential and commercial/business loan requests or servicing/liquidation actions; AND -Developing processes that utilize electronic data generated from various resources in order to conduct analysis and generate reports for management. These qualifications must be clearly referenced in your resume.

01Education

3 academic years of progressively higher-level graduate education. OR Ph.D. or equivalent doctoral degree OR LL.M., in a field directly related to the position (e.g., finance, business administration, economics, accounting, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.).

Education must be in a field which demonstrates the knowledge, skills, and abilities necessary to perform the duties of the position. OR A combination experience as described in "A" and graduate level education as described in "B", when combined, are equivalent to 100% of the qualification requirement. Only graduate level education in excess of two full years (36 semester hours) may be used in this calculation.

To compute, first determine the total number of graduate level hours that exceed 36 semester hours, and then divide that number by 18 to arrive at a percentage. Then, divide the total number of months of qualifying experience by 12 to arrive at a second percentage. Add the two percentages together. The sum of the percentages must equal at least 100% to qualify. There is no education substitution for this grade level.

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: Loan Specialist Series 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. 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 11/08/2026.

As a Loan Specialist at the GS- 1165-11, some of your typical work assignments may include: Review a variety of requests from borrowers with difficult or complicated cases referred by team members. Conduct investigations and analyses in preparing a variety of servicing, collection and liquidation actions. Explains complex issues giving detailed answers to difficult questions in a one on one situation with a borrower/customer.

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.

Maintains records, reports, and other electronic media to develop loan collection processes utilizing statistical data to evaluate team performances in executing their duties.