The Federal Housing Finance Agency's mission is to provide effective supervision, regulation and housing mission oversight of Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Banks to promote their safety and soundness, support housing finance and affordable housing, and support a stable and liquid mortgage market.
The Office of Strategic Initiatives (OSI) is responsible for leading, coordinating and clarifying as needed all agency and Enterprise activities related to FHFA's Strategic Plan for the Enterprise Conservatorships (the Plan) to achieve the objectives set forth therein. Among its responsibilities, OSI is coordinating the design, planning, and construction of a new platform that will support future mortgage securitization, including transactions that will transfer mortgage credit risk away from the Enterprises and toward private capital. Consistent with FHFA's strategic and performance goals, OSI provides management oversight and support for leading and coordinating the agency and Enterprise activities related to the plan. OSI provides support and advice to the Director and other senior executives and represents OSI on all activities related to the plan.
serves as a Strategic Analyst, performing work in support of major initiatives
sponsored by the OSI. In this capacity,
the incumbent provides a broad range of expertise in key
areas of the mortgage finance industry and/or policy expertise to OSI related
projects. The incumbent provides intellectual,
conceptual and analytical leadership for issues of great importance and urgency
to enable successful, innovative, best-in-class implementation of key strategic
incumbent will support
the design and construction of the new platform and coordinate the development
and evaluation of Enterprise credit risk transfer initiatives. The incumbent is
responsible for managing major projects or portions thereof and for keeping executive
management informed of the status of critical projects. The incumbent may manage project staff as
serves as a Strategic Analyst in the Office of Strategic Initiatives,
overseeing FHFA projects in support of the execution of major initiatives
outlined in the Plan. The incumbent
plans and manages major projects to include establishing project goals, scope,
and developing project plans. This
includes working with other FHFA offices that are executing projects in support
of the Plan.
In this capacity, the
in the development of specifications and implementation plans for the
developments in mortgage data and contractual standards and evaluates
their implications for the securitization platform and credit risk
complex analyses of alternative approaches to sharing mortgage credit risk
among industry participants.
and evaluates credit risk transfer programs implemented by the
OSI as a subject matter expert with other FHFA offices, the Enterprises,
and the industry.
- Provides mortgage subject
matter expertise to OSI related projects.
tracks and reports on project progress to executive management.
- Works closely and
collaboratively with other FHFA offices whose projects support the Plan to
ensure a consistent FHFA view on strategic initiatives.
- Evaluates OSI projects and
identifies risks and emerging issues.
- Consults with OSI staff and
management as well as Fannie Mae and Freddie Mac representatives to
identify and specify project level requirements.