This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/499443300. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Office of Freddie Mac Examinations
The Office of Freddie Mac Examinations (Examination Team) is responsible for planning and executing examinations of Freddie Mac. Examination activities include ongoing monitoring and targeted examinations, which are carried out by onsite examiners in collaboration with subject matter experts from other DER Offices.
The Examination Team's primary responsibility is to develop, document and communicate examination conclusions and findings to the Enterprise. When examination findings warrant issuance of a matter requiring attention (MRA), the Examination Team is responsible for monitoring the Enterprise's actions to remediate the condition underlying the MRA.
Each calendar year, the Examination Team prepares and executes a comprehensive risk-based examination plan, a mid-year examination plan update, a semi-annual risk assessment, and an annual Report of Examination (ROE). The ROE includes a summary of examination conclusions and findings for the year, as well as CAMELSO ratings that are assigned by the Examiner-in-Charge pursuant to FHFA policy. The ROE is provided to Freddie Mac in the first quarter of the following year, after DER Deputy Director Approval.
Position Overview and Duties
The incumbent serves as a Principal Examiner with responsibility for planning, organizing and completing examinations of credit risk for the Office of Freddie Mac. Although the Principal Examiner is expected to execute tasks individually, he/she is primarily responsible for leading, coordinating and guiding groups of examiners to execute targeted examinations and ongoing monitoring activities, as listed on the DER-approved examination plan. The incumbent works closely with the Examination Manager to guide the branch, formulates conclusions about the GSEs' degree of compliance with statutory and regulatory requirements, and identifies and affirms key risk areas in determining the GSE's quality of risk management.
05/16/2018 to 05/30/2018
$144,974 - $246,456 per year
EL 15
1 vacancy in the following location:
Occasional travel - You may be expected to travel for this position.
No
Permanent
Full-Time
15
No
DER-18-14
499443300
FHFA employees with status in the competitive service.
The Principal Examiner is a project manager who leads and conducts examinations in credit risk, as well as special projects, studies, analyses and reports. Develops the scopes and plans and conducts examinations of a wide range of processes to identify, measure, and recommend actions to improve management of financial and business activities.
Conducts examinations in the credit risk area and assists in coordinating the examination resources and activities. Plans, organizes, and supervises examination activities as a subject matter expert to the staff within the office on all policy and procedures pertaining to examinations. Provides expert guidance to examination staff on complex, novel, and unique policy issues and applications of those policies to various examinations.
Serves as a primary contact and liaison with the enterprises for examinations. Maintains close contact with executives, senior staff, and technical experts at the enterprises on policies, procedures, and processes for management in credit risk. Provides briefings on examination policy, examination procedures, and examination standards. Identifies, addresses, and resolves complex, novel, and unique issues related to examinations.
Follows supervisory guidance such as the examination manual, advisory bulletins, examination guidelines and policy statements to ensure that the development of examination scope and reports are completed according to prescribed FHFA regulatory and supervisory policy and program guidelines and standards.
Keeps abreast of significant issues or events and emerging risks that may impact the continued safe and sound operations of the GSEs. Provides first-hand experience concerning industry problems and the adequacy of current examination techniques in dealing with them. Analyzes banking, financial, housing, operational, and mortgage market developments affecting the entities. Provides written analysis and recommendations for supervisory issues requiring FHFA approval or attention.
Serves as the subject matter expert for FHFA in interagency and public forums.
Maintains an expert knowledge of issues, trends, and advances in risk management and risk-based examinations of large, complex financial institutions. Provides FHFA management with expert advice on advances in examination management of practices and risk-based examination procedures, and makes recommendations for the enhancement of the examination program.
This job does not have an education qualification requirement.
***There is currently one vacancy available. However, should additional vacancies become available within three months from the opening date of this announcement, eligible applicants for this position may be referred for consideration for the additional position(s).
Benefits remain the same.
FHFA is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment regardless of race, color, religion, gender (including pregnancy, sexual orientation, and gender identity), national origin, disability (physical or mental), age (40 years of age or over), genetic information, parental status, marital status, prior protected EEO activity, political affiliation, or other non-merit factors.
Ethics: FHFA employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions. In addition, certain FHFA employees are prohibited from accepting compensation from Fannie Mae and Freddie Mac for a two-year period after terminating employment with FHFA. Furthermore, to avoid financial conflicts-of interest or the appearance of conflicts-of-interest, FHFA employees may need to divest or sell certain assets they, their spouse, or minor children own or control, including securities issued by Fannie Mae, Freddie Mac, or the Federal Home Loan Banks. Employees who work on Federal Home Loan Bank issues may need to sell or divest financial interests with any of the Federal Home Loan Bank members, which may include stock in bank holding companies, insurance companies, and other financial services firms. Questions regarding these requirements and prohibitions should be directed to the Office of General Counsel at (202) 649-3088.
REASONABLE ACCOMODATION:
FHFA provides reasonable accommodations to applicants with disabilities, except when doing so would pose an undue hardship on the Agency. If you need a reasonable accommodation for any part of the application and hiring process, please notify FHFA at (202) 649-3963. The Agency's decision on granting a reasonable accommodation will be made on a case-by-case basis.
You will be evaluated for this job based on how well you meet the qualifications above.
You will be rated based on your responses to the job specific questionnaire and assigned a score ranging from 70 to 100 points. The top ten candidates, and those tied for the tenth spot, will be referred for selection.
All of the information you provide will be verified by a review of the work experience and/or education as shown on your application forms, by checking references or through other means, such as the interview process. This verification could occur at any stage of the application process. Any exaggeration of your experience, false statements, or attempts to conceal information may be grounds for rating you ineligible.
To apply for this position, you must submit a complete Application Package which includes:
1. Your resume showing dates of employment and duties performed.
2. Other supporting documents:
To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section below.
A complete application package must be submitted by 11:59 PM (EST) on 05/30/2018 to receive consideration.
To verify the status of your application, log into your USAJOBS account (https://my.usajobs.gov/Account/Login), all of your 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 are unable to apply online, you must request an alternative application which is available from the Human Resources Office. Please contact Janice Obeido at janice.obeido@fhfa.gov or (202) 649-3742 to obtain an alternative application.
After all application packages have been received, we will review your materials to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided in his/her resume and the completed Occupational Questionnaire. Applicants deemed best-qualified may be contacted for an interview. We anticipate making a final job offer for this position within 45 days after the deadline for applications. All candidates will be notified of the final disposition.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/499443300. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
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 Enterprise Regulation
The Division of Enterprise Regulation (DER) is responsible for the supervision of the Enterprises - Fannie Mae and Freddie Mac - to evaluate the safety and soundness of their operations. DER contributes to the achievement of FHFA's strategic and performance goals through: planning and executing examinations of the Enterprises; developing and preparing the annual reports of examination; issuing supervision policy; providing examiner training; and provide accounting guidance and risk analysis. The Division also provides support and advice to the Agency on supervisory issues, development of FHFA policy, and internal FHFA management activities.