Duties
This series covers positions managing, supervising, leading, and/or performing administrative and management work.
- Vacancies filled under this public notice may have varying levels of promotion potential and supervisory level, if any.
- Positions may be filled as permanent, term, or temporary with a full-time or part-time work schedule.
As a Loan Specialist you may:
- Oversee and manage specific assets in the loan portfolio associated with Title XVII (renewable energy and efficient energy projects, advanced nuclear energy projects, and advanced fossil energy projects), ATVM (projects that support the manufacture of eligible light-duty vehicles and qualifying components), and TELGP (projects that support economic opportunities to tribes through energy development and activities).
- As a professional with finance experience and expertise in portfolio and asset management, the incumbent is responsible for a portion of the Loan Portfolio that includes high value and high risk loans for innovative and/or commercially ready projects for a variety of energy and infrastructure technologies.
- Lead the restructuring of all defaulting or defaulted projects that are deemed going concerns in accordance with acceptable federal and commercial standards in order to maximize recoveries for the U.S. taxpayer.
- Analyze a wide range of primary source material to ensure the LP-51 Assistant Director and/or LP-51 Supervisory Portfolio Manager are informed and prepared for internal and external meetings.
- Monitor day-to-day occurrences related to individual transactions, and prepares project reports on pre-determined frequencies, with an emphasis on credit deterioration.
- Monitor borrowers and guarantors for warning signs of credit deterioration and utilize a comprehensive risk management system that serves as a workflow management, covenant tracking, contact and credit rating system to ensure that project risks stay within acceptable bounds.
- Implement an effective portfolio risk management process that assists in identifying, managing, monitoring, and reducing risks in the portfolio assets, including development of project specific Credit Monitoring Plans.
Requirements
Conditions of Employment
- Must be a U.S. Citizen or National.
- This employer participates in the e-Verify program.
- Males born after 12/31/1959 must be registered for Selective Service.
- Subject to satisfactory security and suitability requirements.
- May be required to successfully complete a probationary period.
- Positions may be filled as permanent, term, or temporary with a full-time or part-time work schedule. Pay will vary by geographic location.
- The vacancies filled through these appointments have varying levels of background investigative requirements, up to a Top Secret DOE "Q" clearance.
- These positions are to be filled under the Infrastructure Investment and Jobs Act (IIJA - P.L. 117-58).
- Positions may be covered by a bargaining unit. Bargaining unit will vary by departmental element, grade, and/or location.
Qualifications
SPECIALIZED EXPERIENCE REQUIREMENTS GS-09: You must have one year of experience at a level of difficulty and responsibility equivalent to the GS-07 grade level in the Federal service. Experience is defined as:
- Monitoring one of the following: price and demand movements OR legal and regulatory changes OR structured changes within the sector; AND
- Presenting analyses through a variety of means, including formal written studies and oral presentations; AND
- Assisting with reviewing and maintain a portfolio.
OR 2 full years of progressively higher-level graduate education leading to such a degree
OR LL.B. or J.D., if related. TRANSCRIPTS REQUIRED.
OR: You may qualify on a combination of education and experience, the total percentage of experience at the required grade level compared to the specialized experience requirement, as well as the percentage of completed education compared to the educational requirement must equal at least 100 percent. Only graduate level education more than the first 18 semester hours (27 quarter hours) may be combined to be considered for qualifying education. TRANSCRIPTS REQUIRED.
SPECIALIZED EXPERIENCE REQUIREMENTS GS-11: You must have one year of experience at a level of difficulty and responsibility equivalent to the GS-09 grade level in the Federal service. Experience is defined as:
- Monitoring one of the following: price and demand movements OR legal and regulatory changes OR structured changes within the sector; AND
- Collecting research material, and reviews information for assigned Senior Portfolio Manager(s), to support risk assessment efforts; AND
- Assisting in preparing background information needed to estimate the value of assets in individual portfolios utilizing market information or standard valuation procedures.
OR 3 full years of progressively higher-level graduate education leading to such a degree
OR LL.M., if related. TRANSCRIPTS REQUIRED.
OR: You may qualify on a combination of education and experience, the total percentage of experience at the required grade level compared to the specialized experience requirement, as well as the percentage of completed education compared to the educational requirement must equal at least 100 percent. Only graduate level education more than 36 semester hours (54 quarter hours), may be used to combine education and experience. TRANSCRIPTS REQUIRED.
SPECIALIZED EXPERIENCE REQUIREMENTS GS-12: You must have one year of experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service. Experience is defined as:
- Participating in efforts to communicate findings, conclusions, agreed-upon corrective actions, and timeline for remediation of internal assessments and risk management audits; AND
- Monitoring technology sector developments as they relate to the borrower's operating environment (examples: price and demand movements, legal and regulatory changes, and structural changes within the assigned sector); AND
- Conducting financial analyses of borrowers, guarantors, counterparties, and monitors for warning signs of credit deterioration.
SPECIALIZED EXPERIENCE REQUIREMENTS GS-13: You must have one year of experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Experience is defined as:
- Implementing an effective portfolio risk management process that assists in identifying, managing, monitoring, and reducing risks in the portfolio assets; AND
- Representing the organization at interagency forums or inter-creditor discussions and at steering committees of creditors to discuss and coordinate portfolio management; AND
- Providing executive analysis and support to respond to questions or requests for a perspective.
SPECIALIZED EXPERIENCE REQUIREMENTS GS-14: You must have one year of experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the Federal service. Experience is defined as:
- Supporting staff on the preparation of responses to risk management issues and internal controls deficiencies reported by internal and external auditors, including Corrective Action Plans for eliminating or reducing risks; AND
- Assessing the credit and project risks associated with high-value loans for innovative, or commercially ready clean energy generation and manufacturing projects, or advanced technology vehicles and component manufacturing projects; AND
- Utilizing project and corporate finance to evaluate the viability of a borrower, or guarantor in a loan portfolio.
SPECIALIZED EXPERIENCE REQUIREMENTS GS-15: You must have one year of experience at a level of difficulty and responsibility equivalent to the GS-14 grade level in the Federal service. Experience is defined as:
- Utilizing project and corporate finance to evaluate the viability of a borrower, or guarantor in a loan portfolio; AND
- Reviewing and analyzing project financial statements, progress and engineering reports, legal documents, covenant compliance certificates, collateral reports, Credit Committee memos, financing documents such as Credit and Security Agreements, and information gathered from news reports and site visits; AND
- Synthesizing information provided across staff and from other sources external to the organization, to enable senior management to quickly discern key facts and linkages among a myriad of issues that impact the work.
"Experience" refers to paid and unpaid experience. Examples of qualifying unpaid experience may include: volunteer work done through National Service programs (such as Peace Corps and AmeriCorps); as well as work for other community-based philanthropic and social organizations. 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.
OPM Qualification Standards for the GS-1165 series can be found at the following website: Loan Specialist Series, 1165 (opm.gov).
CTAP/ICTAP candidates: To be considered "well qualified" you must meet all of the requirements as described in this section.
This public notice may be used to fill multiple positions as needed; therefore, applicants must meet the qualifications at the time the applications are reviewed.
Education
Individual Occupational Requirements
Undergraduate and Graduate Education:Major study - finance, business administration, economics, accounting, insurance, engineering, mathematics, 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.
OR
Specialized Experience (for positions above GS-5): Experience that demonstrated competence in agricultural, commercial, realty, or other types of loans. Experience may have been gained in such work as reviewing and passing upon applications for agricultural, commercial, bank or mortgage loans; servicing a loan portfolio of a bank or other loan association; performing financial analysis of commercial concerns for investment purposes; appraising real estate to determine property valuation; or similar work.
Education must be obtained from an accredited institution recognized by the U.S. Department of Education. Foreign education must be reviewed by an organization recognized by the U.S. Department of Education. For special instructions pertaining to foreign education and a list of organizations that can evaluate foreign education, see the Department of Education website.
If qualifying solely based on education, transcripts must be provided.
Additional information
The U.S. Department of Energy fosters a diverse and inclusive workplace and is an Equal Opportunity Employer.
- This job opportunity announcement may be used to fill additional similar vacancies across DOE.
- For general information on government-wide Telework polices visit: www.telework.gov
- Status and Non-Status applicants from outside DOE selected under this authority are required to serve a mandatory one (1) year probationary period. A DOE career status employee selected for this position may be required to serve a new one (1) year probationary period, pursuant to 5 CFR 315.802.
- If you believe that you are eligible for the Interagency Career Transition Assistance Program (ICTAP), please visit the OPM ICTAP/CTAP website for more information. In order to be considered under the ICTAP program, your application must score within the pre-established "well qualified" category as stated in the Qualifications section.
- This public notice is to gather applications that may or may not result in a referral or selection.
- More than one selection may be made under this hiring authority.
- Some positions may require completion of a probationary period of up to 1 (one) year.
- Many positions require successful completion of a background investigation.
- Positions may be filled at varying levels of leadership, ie Team Lead, Manager, Supervisor.
- Supervisory positions may require a 1-year probationary period, if not yet completed.
- New employees to the Department of Energy will be required to successfully pass the E-Verify employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit www.dhs.gov/E-Verify
- Veterans and persons with disabilities are encouraged to apply. For more information, please visit the links at the bottom of this page or visit the FedsHireVets website.
- All males born after December 31st 1959 must abide by laws regarding Selective Service registration. To learn more about this law, visit the Selective Service web page, Who Must Register. If you are not registered and don't have an approved exemption, you will not be eligible for employment with the Federal government.
- EEO Policy: https://help.usajobs.gov/index.php/EEO_Policy_Statement
- Reasonable Accommodation Policy: https://help.usajobs.gov/index.php/Reasonable_Accommodation_Policy_Statement
- Veterans Information: https://help.usajobs.gov/index.php/Veterans_Information
- Selective Service Registration: http://www.sss.gov/ The Fair Chance Act prohibits specific inquiries concerning an applicant's criminal or credit background unless the hiring agency has made a conditional offer of employment to the applicant. An applicant may submit a complaint to the agency within 30 calendar days of the date of alleged non-compliance by completing the Fair Chance Act Intake Form and submitting it to the Administrative Investigations Program at AdministrativeInvestigations@hq.doe.gov.
Benefits
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How You Will Be Evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
You will be evaluated for this job based on how well you meet the qualifications above.
Appointments made under this authority will be processed as new appointments to the Civil Service. Current Civil Service employees would, therefore, be given new appointments to the Civil Service. Current Federal employees may be required to serve a new probationary period (5 CFR 315.802(b).
If your resume is incomplete or does not support the responses you provided in your online questionnaire, or if you fail to submit all required documentation before the vacancy closes, you may be rated 'ineligible', 'not qualified', or your score may be adjusted accordingly.
Successful candidates will possess the following competencies (knowledge, skills, abilities and other characteristics):
- Communications and Media
- Economics and Accounting
- Federal Funds Processing
- Negotiation
- Technical Competence
You must meet all qualifications and eligibility requirements by the closing date (04/01/2024) of this announcement.
To preview the Assessment Questionnaire, clickhttps://apply.usastaffing.gov/ViewQuestionnaire/12224284.
Benefits
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
Required Documents
As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.
To apply for this position, you MUST provide a complete application package which includes:
- Your RESUMEshowing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/day/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date).
- Cover Letter, optional, expressing additional information not covered in your resume.
- Transcripts, if specific educational requirements are indicated in this job announcement. Unofficial transcripts or any report listing institution, course title, credits earned (semester or quarter hour) and final grade is acceptable. It is your responsibility to provide adequate proof that you meet the educational requirements.
- Veterans' Preference documentation,if applicable, DD-214 Member Copy 4 showing type of discharge/character of service; current active duty members- certification of expected discharge or release from active duty under honorable conditions dated within 120 days; SF-15 Form and related documentation; VA letter. For more information visit the USAJOBS Help Center & OPM CHCOC website for VOW information.
- Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation,if applicable(e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.) For more information see the OPM Guide to Career Transition.
If you are relying on your education to meet qualification requirements:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
How to Apply
This is a public notice that is open for 3 months.
Please read the entire announcement and all the instructions before you begin an application. To apply for this position, you must complete the initial online application, to include submission of the required documentation specified in the Required Documents section. A complete application package must be submitted by 11:59 PM (EST) on the announcement closing date to receive consideration.
The application process is as follows:You may update your application, including supporting documentation, at any time during the announcement open period by returning to your USAJOBS account, select Update Application: https://my.usajobs.gov/Account/Login. This option will no longer be available once the announcement has closed.- You must have a login.gov account to sign into USAJOBS: https://www.usajobs.gov/Help/how-to/account/.
- To begin the application process in USAJOBS, click the Apply Online button.
- Answer the questions presented in the application and attach all required and supporting documentation.
- You must click the Submit Application button prior to 11:59 pm (ET) on the announcement closing date.
- In addition to applying to this Job Opportunity Announcement, interested candidates are encouraged to express interest via DOE's ongoing virtual career fair, the Clean Energy Corps Applicant Portal, which allows hiring managers and subject matter experts to connect directly with interested applicants.
To verify the status of your application, during and after the announcement open period, log into your USAJOBS account; applications will appear on the Welcome screen. The Application Status will appear along with the date your application was last updated. For information on what each application status means, visit: https://www.usajobs.gov/Help/how-to/application/status/.
If you need help with login.gov or USAJOBS (e.g., account access, Resume Builder) visit the USAJOBS Help Center: https://www.usajobs.gov/Help/
If you experience difficulty applying on USAJOBS, after clicking the Apply Online button, or you are experiencing a significant hardship hindering your ability to apply online, the Agency Contact listed in the announcement can assist you during normal business hours. If you receive any system error messages, take screenshots if possible, to aid technical support.
These positions are to be filled under the Infrastructure Investment and Jobs Act (IIJA - P.L. 117-58). This serves as a public notice for the use of the Direct Hire Authority in accordance with 5 U.S.C. 3327 and 5 CFR 330. Under this recruitment procedure, applications will be accepted for each location/ installation identified. There may or may not be actual/projected vacancies at the time of your application.Agency contact information
Direct Hire Applicant Inquiries-Questions
Email
CEC-Questions@hq.doe.gov
Address
Office of Clean Energy Demonstration
1000 Independence SW
Washington, DC 20585
USNext steps
Once your online application is submitted you will receive a confirmation notification by email. The status of your application will be updated in USAJOBS as it is evaluated.
You can check the status by logging into USAJOBS. You may also sign up to receive automatic emails anytime the status of your application changes by logging into your USAJobs Account and editing the Notification Settings.
You will be contacted directly if an interview is required.
A Recruitment Incentive May Be Authorized for a newly selected employee when appointed to a permanent, temporary, or term position. A Federal employee who is transferring to the Department of Energy from another Federal agency and who does not meet the conditions under 5 CFR §575.102 is not eligible for a recruitment incentive.
A Relocation Incentive May Be Authorized for a Federal employee when the employee move, as directed by the Department of Energy (DOE), to a different location at least 50 miles away from the one where his/her position of record is currently located, due to a need of the DOE. A relocation incentive is not the same as a Permanent Change of Station (PCS) move and, as such, may be granted in conjunction with one another.Fair and Transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
- Equal Employment Opportunity (EEO) Policy
- Reasonable accommodation policy
- Financial suitability
- Selective Service
- New employee probationary period
- Signature and false statements
- Privacy Act
- Social security number request
Required Documents
To apply for this position, you MUST provide a complete application package which includes:
- Your RESUMEshowing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/day/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date).
- Cover Letter, optional, expressing additional information not covered in your resume.
- Transcripts, if specific educational requirements are indicated in this job announcement. Unofficial transcripts or any report listing institution, course title, credits earned (semester or quarter hour) and final grade is acceptable. It is your responsibility to provide adequate proof that you meet the educational requirements.
- Veterans' Preference documentation,if applicable, DD-214 Member Copy 4 showing type of discharge/character of service; current active duty members- certification of expected discharge or release from active duty under honorable conditions dated within 120 days; SF-15 Form and related documentation; VA letter. For more information visit the USAJOBS Help Center & OPM CHCOC website for VOW information.
- Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation,if applicable(e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.) For more information see the OPM Guide to Career Transition.
If you are relying on your education to meet qualification requirements:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
This job is open to
The public
U.S. Citizens, Nationals or those who owe allegiance to the U.S.
Clarification from the agency
U.S. Citizens- This direct hire public notice is to gather applications that may or may not result in a referral or selection.