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Underwriter

Department of Housing and Urban Development
Assistant Secretary for Housing-Federal Housing Commissioner
This job announcement has closed

Summary

This position is located at Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioner.

This opportunity is also open to Status eligibles under announcement 21-HUD-1318. Please refer to that announcement for details on open period, eligibility, and how to apply.

Overview

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Hiring complete
Open & closing dates
06/25/2021 to 07/10/2021
Salary
$84,231 to - $109,505 per year
Pay scale & grade
GS 12
Location
2 vacancies in the following location:
Philadelphia, PA
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
12
Supervisory status
No
Security clearance
Not Required
Drug test
No
Announcement number
21-HUD-1319-P
Control number
605538400

This job is open to

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Clarification from the agency

U.S. citizens or U.S. Nationals; no prior Federal experience is required.

Duties

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As a/an Underwriter, you will:

  • The position is responsible for the oversight and review of both Direct Endorsement underwriting and Contractor performed underwriting.
  • The incumbent reviews cases to determine problems with underwriting process.
  • The incumbent performs individual case underwriting (i.e. test cases for new Direct Endorsement Lenders and HUD employees) 25% of the time.
  • This position will have access to sensitive HUD systems including; Single Family Insurance (SFIS), Home Equity Conversion Mortgage (HECM), Computerized Homes Underwriting Management (CHUMS) and Credit Alert Interactive Voice Response System (CAIVRS). These systems rate at a sensitivity code of 3 and 4.

Requirements

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Conditions of employment

The official duty station for this position will be in Philadelphia, Pennsylvania. Failure to report to duty at this location may be grounds for a disciplinary action, including removal.

Key Requirements:
  1. Please refer to "Conditions of Employment."
  2. Must be U.S. Citizen or U.S. National

Qualifications

You must meet the following requirements by the closing date of this announcement.

Specialized Experience: For the GS-12, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service. Specialized experience for this position includes:

  • Reviewing and issuing a conditional commitment of single family property appraisals (1-4 units) as a Direct Endorsement (DE) Underwriter or parallel experience analyzing property appraisals (1-4 units) for other types of mortgage loans; and
  • Making decisions as a Direct Endorsement (DE) Underwriter, Company Delegated Underwriter, or Senior Level Analyst issuing the approval or rejection of the credit analysis of a potential borrower's mortgage application; and
  • Applying underwriting guidelines to make recommendations or decisions on single family mortgage insurance applications, including Federal Housing Administration (FHA) or Private Mortgage Insurance (PMI).

Experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.

Education

This job does not have an education qualification requirement.

Additional information

OTHER INFORMATION:

  • We may select from this announcement or any other source to fill one or more vacancies.
  • Relocation expenses will not be paid.
  • Recruitment incentive may be offered.
  • This is a bargaining unit position.
  • This position is Non-Exempt from the Fair Labor Standards Act (FLSA).
  • HUD offers alternative and flexible work schedules.
CONDITIONS OF EMPLOYMENT:
  • A one year probationary period may be required.
  • Must successfully complete a background investigation.
  • Public Trust - Background Investigation will be required.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
HUD employees are subject to a number of government-wide and HUD specific ethics laws and regulations, including restrictions on working in a real estate related business, and having Section 8 tenants, along with other prohibited interests and activities. To review applicable ethics rules and HUD specific restrictions, please visit https://portal.hud.gov/hudportal/HUD?src=/program_offices/general_counsel/ethics.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Your application includes your résumé, responses to the online questions, and required supporting documents. Please be sure that your résumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your résumé may result in a "not qualified" determination.

Rating: Your application will be evaluated in the following areas: Communication, Systems and Technology, and Technical .

Category rating will be used to rank and select eligible candidates. If qualified, you will be assigned to one of three quality level categories: Best Qualified, Better Qualified, and Qualified (Good) depending on your responses to the online questions, regarding your experience, education, and training related to this position. Your rating may be lowered if your responses to the online questions are not supported by the education and/or experience described in your application.

Qualified preference-eligibles with a compensable service-connected disability of 10% or more will be listed at the top of the highest category

Veterans' preference is applied after applicants are assessed. Preference-eligibles will be listed at the top of their assigned category and considered before non-preference-eligibles in that category.

Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. You may be required to participate in a selection interview.

If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan (CTAP)/Interagency Career Transition Assistance Plan (ICTAP)) you must receive a rating of at least 84 out of 100 to be rated as "well qualified" to receive special selection priority.

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