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    Duties

    Summary

    The incumbent will supervise FHFA staff on-site at the Constitution Center in Washington, D.C.

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    Responsibilities

    Office of Risk and Policy


    The Office of Risk and Policy (ORP) is responsible for planning and executing model risk examination activities at both Enterprises. Examination planning is conducted in coordination with the examination teams, and examination documentation is provided to the examination teams for inclusion in the annual reports of examination.

    ORP is responsible for developing and updating examiner guidance and DER supervision policy in the areas of credit, market, model, governance, and operational risk, and for providing subject matter expertise in support of examiner training in those areas. ORP subject matter experts are responsible for ensuring that DER guidance, policy, and training reflect an informed understanding of evolving best practices in the financial services industry and regulatory standards, appropriately adapted for application to the Enterprises' operations.

    ORP works with staff of other DER offices and FHFA divisions and other agencies as needed to share information and collaborate in furtherance of DER's mission. ORP is generally responsible for responding to external requests to DER that require expertise in model, credit, market or operational risk.

    ORP subject matter experts are responsible for development of Enterprise credit, market, and operational risk data reporting schedules. ORP staff performs off-site data review and analysis of credit, market, and operational risks, and may participate in Enterprise examination activities in their assigned risk areas.

    Major Duties

    .
    Contributing subject matter expertise to complement and support the examinations of Fannie Mae and Freddie Mac.

    Conducting special projects as needed, such as horizontal reviews, information and data gathering, and analysis.

    Drafting and updating supervisory policies and examiner guidance on specific topics, based on informed understanding of evolving practices in the financial services industry and regulatory standards, appropriately adapted for application to the Enterprises.

    Contributing subject matter expertise to support examiner training initiatives.

    Coordinating with staff in other FHFA divisions to ensure appropriate communication between Enterprise supervision functions and FHFA mission, housing finance policy, and conservatorship areas.

    Advising, mentoring and providing leadership to staff on safety and soundness standards.

    Leading, motivating, and developing staff.

    Travel Required

    Occasional travel - You may be expected to travel for this position.

    Supervisory status

    Yes

    Promotion Potential

    15

This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/574704400. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.