Loan Analyst

Farm Service Agency • Maquoketa, IA

3d • Hybrid

About The Position

This position is with the Farm Service Agency, Iowa State Office, in Maquoketa, Iowa. The Loan Analyst supports the Farm Loan Chief, Farm Loan Specialists, and County Offices in lending activities that include loan closing, disbursement, monitoring, liquidation, and servicing. Under the direction of the District Director and Farm Loan Manager, the analyst works collaboratively with Farm Loan Officers and loan staff. The work involves analysis, evaluation, and advisory assignments supporting effective loan-making and servicing activities, as well as assisting with the formulation and implementation of farm loan programs, policies, and procedures for the assigned farm loan area.

The position may be filled at the GS-5, GS-7, or GS-9 level. Qualification may be based on relevant experience, education, or a combination of both. Required experience varies by grade and includes progressively responsible general work experience or specialized experience related to analysis, financial factors, credit risks, agricultural lending, and farm loan program operations. Education-based qualifications require specified undergraduate or graduate study, depending on grade. The position is eligible for telework according to agency policy. Recruitment and/or relocation incentives may be authorized.

Requirements

• Be a U.S. Citizen or U.S. National.
• Males born after December 31, 1959, must be registered with Selective Service or exempt.
• Pass the required background investigation and/or fingerprint check.
• Serve a one-year probationary period unless previous federal service is creditable; continued employment during and after probation is subject to the stated agency evaluation and certification requirements.
• Use direct deposit for federal payments.
• Successfully pass the E-Verify employment verification check.
• For GS-5 qualification by experience: three years of progressively responsible general work experience, including one year equivalent to at least GS-4, demonstrating ability to analyze problems, gather relevant data, identify solutions, plan and organize work, and communicate orally and in writing; or qualifying education or a combination of education and experience.
• For GS-7 qualification by experience: one year of specialized experience equivalent to GS-5, involving fact-finding, analysis, and problem-solving applied to investigation, analysis, and evaluation of financial factors and credit risks in agricultural loan granting and servicing, as well as analytical and evaluative techniques to assess farm loan program operations and recommend improvements; or qualifying education or a combination of education and experience.
• For GS-9 qualification by experience: one full-time year of specialized experience equivalent to GS-7, including knowledge of credit principles and practices to independently examine loan applications, supporting documents, and credit reports and assess loan soundness, maintain agricultural loan servicing activities, and evaluate farm loan program operations and recommend improvements; or qualifying education or a combination of education and experience.
• Submit transcripts and any required education documentation when qualifying based on education. Foreign education must include the required equivalency verification, and transcripts must be in English or accompanied by an English translation.

Responsibilities

• Support the Farm Loan Chief, Farm Loan Specialists, and County Offices with agricultural lending activities, including closing, disbursement, monitoring, liquidation, and servicing of loans.
• Work collaboratively with Farm Loan Officers and loan staff under the direction of the District Director and Farm Loan Manager.
• Perform analysis, evaluation, and advisory assignments related to effective loan-making and servicing activities.
• Assist in formulating and implementing farm loan programs, policies, and procedures for the assigned farm loan area.

Benefits

• Federal employees receive a comprehensive benefits package, with benefits available to employees and their families; specific eligibility depends on position type.
• Recruitment and/or relocation incentives may be authorized.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level