Become a Commercial Loan Specialist with the U.S. Small Business Administration
The U.S. Small Business Administration (SBA) is a cornerstone of American economic prosperity. If you are a financial professional with a background in underwriting and credit analysis, this is your chance to contribute to a mission that empowers entrepreneurs nationwide. We are currently hiring a Commercial Loan Specialist to join our team in Citrus Heights, California.
Job Responsibilities
As a Loan Specialist, your primary focus will be on the financial health and eligibility of small business loan requests. You will:
- Analyze complex commercial loan applications with varied financial structures.
- Evaluate eligibility, collateral, and capital injection.
- Assess business management capabilities.
- Investigate credit factors to ensure reasonable assurance of loan repayment.
Requirements
To qualify for this GS-12 position, you must have one year of specialized experience at the GS-11 level or equivalent. This includes experience in loan processing, underwriting, or portfolio management. You must also pass the USA Hire competency-based assessment.
Salary and Benefits
| Category | Details |
|---|---|
| Salary Range | $99,218 - $128,987 |
| Grade Level | GS-12 |
| Location | Citrus Heights, CA |
| Work Schedule | Full-time |
Employees enjoy competitive federal benefits, including robust health insurance options, retirement savings plans, and work-life balance through telework programs.
Application Tips
- Be Precise: Use concrete data points in your resume to show your impact.
- Verify Documents: Ensure your SF-50s and transcripts are uploaded correctly.
- Prepare for Assessments: Allocate dedicated time for the USA Hire tests, as they are mandatory for consideration.
Serving as a Loan Specialist at the SBA is more than a job—it is a commitment to the growth and resilience of the American economy. If you meet the qualifications, we encourage you to apply and help us support the nation's vital small businesses.
Why This Loan Specialist (Commercial) Job Matters
Power the American dream by fueling small business growth as a Commercial Loan Specialist with the SBA.
Loan Specialist (Commercial) Job Overview
The U.S. Small Business Administration is seeking a dedicated professional to join the 7a Loan Guaranty Processing Center in Citrus Heights, California. As a Loan Specialist (Commercial), you will play a pivotal role in reviewing commercial loan applications, conducting credit risk assessments, and determining program eligibility to ensure small businesses receive the vital capital they need to thrive.
Requirements for Loan Specialist (Commercial)
- One year of specialized experience at the GS-11 level or equivalent.
- Proven proficiency in commercial loan processing, underwriting, or financial analysis.
- Ability to perform detailed financial statement analysis and evaluate business structures.
- Must be a U.S. citizen or national.
- Completion of mandatory USA Hire competency assessments.
- Registration with the Selective Service System for applicable male applicants.
Preferred Qualifications for Loan Specialist (Commercial)
- Extensive experience in commercial credit risk evaluation.
- Strong background in analyzing capital injection and collateral requirements.
- In-depth knowledge of loan guaranty programs and eligibility determination.
Federal Benefits & Perks
- ✓Competitive federal salary and benefits package.
- ✓Opportunities for telework and work-life balance.
- ✓Professional development within a mission-driven federal agency.
- ✓Comprehensive health and retirement planning.
💡 How to Apply Loan Specialist (Commercial) Job & Insider Tips
Application Steps for Loan Specialist (Commercial) Job
- Complete the online application and assessment questionnaire on USAJOBS.
- Submit a detailed resume (maximum 2 pages) highlighting your specific loan analysis experience.
- Complete the required USA Hire competency assessments within 48 hours of notification.
- Verify that all supporting documents (transcripts, SF-50, etc.) are successfully uploaded to the system.
💡 General Tips
- Ensure your resume explicitly details the hours worked per week for all relevant experience, especially volunteer or part-time roles.
- Avoid inflating your qualifications, as your rating may be adjusted during the review process.
- Set aside at least three hours to complete the USA Hire assessments in one sitting if possible.
- Check your application status regularly through your USAJOBS account dashboard.
Frequently Asked Questions
Is education a substitute for the experience requirement?
No, for this specific GS-12 position, there is no education substitution for the required specialized experience.
Can I work remotely?
This position is based in Citrus Heights, CA; however, telework opportunities may be available consistent with SBA policy.
What happens after I submit my application?
You may be invited to complete the USA Hire competency assessments. After that, your application will be rated based on your experience and categorized accordingly.
Job from Small Business Administration
The SBA has spent over 70 years helping small businesses start, grow, and recover from disasters. By providing access to capital and expert guidance, the agency acts as a catalyst for job creation and community development. As an employee, you will be part of a team dedicated to fueling the American dream.