ASRC Federal is expanding our US Department of Agricultural portfolio and has opportunities nationwide. Experience with government contracting, specifically in "rural development" is strongly desired.
At ASRC Federal, we invest in our employees, both in and out of the workplace by providing competitive pay and benefits packages, flexible work schedules, meaningful PTO, and career-focused education assistance.
ASRC Federal is seeking a strong Financial and Loan Business Specialist II to help support a USDA contract focusing on loans and grants. The candidate will be supporting the loan and grant process for the Rural Utilities Services, a division of USDA RD.
Location: Remote (ability to travel if necessary)
Clearance: Must be able to pass a government issued background check
Summary: With respect to grants and loans, the financial and loan business specialist will perform financial reviews to determine the financial and business risks presented by the applicant and validate assumptions set forth by the applicant. There may be some interface with applicants to obtain necessary information.
Responsibilities:
Analyze and evaluate pro forma financial forecasts furnished in support of electric loan applications. Provide specialized assistance where necessary, particularly with regard to Tribal and other applicants, such as entities located in Puerto Rico and U.S. territories or Compact States that may have different credit or securitization capabilities than traditional RUS (Rural Utilities Services) borrowers. Will work with RUS and Tribal or Tribally affiliated, and other similarly unique applicants, to identify and recommend pathways forward to establish mutually acceptable financial arrangements. Will work with the applicant to identify feasible interim financing sources for Tribal and disadvantaged applicants and work with them to achieve that interim financing. Review financial arrangements from equity investors or other lenders to determine the impact on the RUS financing package. Review current procedures for processing loans and make recommendations on potential problems associated with security and feasibility findings for new electric loans. Perform analyses of highly complex and diversified financial data including, but not limited to, financial statements and forecasts, load forecasts, and feasibility studies for electric systems involving cooperatives and commercial corporate entities. Conduct special analyses of the management, business, and financial operations of prospective borrowers. Confirm applicant analysis of ratepayer benefits. Follow internal guidance developed to perform these reviews, which will result in a recommendation for loan committee staff.