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    The Federal Housing Finance Agency's mission is to ensure that the housing Government Sponsored Enterprises (GSEs) operate in a safe and sound manner so that they serve as a reliable source of liquidity and funding for housing finance and community investment.

    Division of Federal Home Loan Bank Regulation

    The Division of FHLBank Regulation (DBR) is responsible for carrying out the FHFA's statutory duties for ensuring that: 1) the FHLBanks operate safely and soundly, and 2) the FHLBanks remain adequately capitalized. These functions are performed through on-site examinations and off-site monitoring of the FHLBanks and the Office of Finance. DBR also is responsible for policy and regulatory analysis, formulating and planning strategic goals, and conducting and evaluating long-range projects and proposals for all agency programs relating to the FHFA's supervision and oversight of the FHLBank System.

    Examinations Group
    The Examinations Group is responsible for conducting the annual on-site examination and ongoing supervision of the FHLBanks and the Office of Finance. On-site examinations review the FHLBank's capital, asset quality, management, earnings, liquidity, sensitivity to market risk, operational risk (CAMELSO), and Affordable Housing Program, and the Office of Finance's management and operational risk. FHFA work programs establish examination guidance and expectations to be followed when executing examinations. Conducts ongoing supervision of the FHLBanks and the Office of Finance throughout the year by conducting onsite visits, holding regularly scheduled conference calls, and engaging in ad-hoc electronic communication.

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    The incumbent, working with team members and/or a Supervisory Examiner, assists in the development of work plans and assists in determining the scope of examination activities. Participates in the assessment of the components of the CAMELSO rating system. Serves as a member of an examination team to assess emerging or embedded risks.
    Conducts analysis contributing to the conclusion about the FHLBanks and the Office of Finance's financial condition overall safety and soundness, and degree of compliance with statutory and regulatory requirements. Assists in identifying risk areas within the FHLBanks and the Office of Finance.

    Major Duties and Responsibilities
    Follows supervisory guidance such as the examination manual, advisory bulletins, examination guidelines, and policy statements to ensure development of work products is completed according to prescribed FHFA regulatory and supervisory policy and program guidelines and standards.

    Performs appropriate examination procedures, adapting standard procedures and techniques to identified issues/risks. During the course of the examination, the examiner ensures an accurate understanding of the key risks, processes and controls, and the factual basis for examination findings.

    Draws conclusions, formulates recommendations, and prepares findings memoranda within established timeframes. Communicates examination findings and their bases to senior management to elicit management's views. Workpapers are completed in accordance with FHFA's workpaper standards, as provided in the examination manual.

    Keeps abreast of emerging issues and trends within examiner's specific area of responsibility, as well as issues and events that may affect the continued safe and sound operations of the FHLBanks and the Office of Finance. As assigned, provides written analysis and recommendations for issues requiring agency approval or attention.

    Develops knowledge of issues, trends, and advances in risk management and risk-based examinations of large, complex financial institutions.

    Travel Required

    50% or less - Travel is required to the Federal Home Loan Banks, Office of Finance and Agency headquarters.

    Supervisory status


    Promotion Potential


    Who May Apply

    This job is open to…

    Status Candidates (Merit Promotion and VEOA Eligibles)

    Questions? This job is open to 2 groups.

This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/476566500. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.