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Credit Risk Officer (Single Family)

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-2109. Please refer to that announcement for details on open period, eligibility, and how to apply.

Overview

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Hiring complete
Open date: 09/28/2021
Closed date: 10/19/2021
Location
1 vacancy in the following location:
Work site options
Telework eligible
Yes—as determined by the agency policy.
Relocation expenses reimbursed
No
Salary
$122,530 - $159,286 per year
Pay scale & grade
GS 14
Promotion potential
14
Pay scale and grade determines the salary of the job.
Work schedule
Full-time
Travel Required
Not required
Appointment type
Permanent
Occupations and job series
Supervisory status
No
Federal service type
This job is in the Competitive Service
Drug test
No
Security clearance
Other
Announcement number
21-HUD-2110-P
Control number
615561200

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 Credit Risk Officer (Single Family), you will:

  • Lead and coordinate executive and senior management involvement in discussions and decisions regarding credit risk issues facing the Single Family Housing (SF) program. Provides expert level guidance and counsel on credit risk issues regarding the Single Family program to key decision makers.
  • Represent FHA during briefings and negotiations within the Department, as well as with Congress, officials in other Federal agencies, private industry, and or interest groups.
  • Direct the execution of the SF Credit Risk team's mandate, independently or through coordination a team of other subject matter experts. If serving as a team leader, will be responsible for assigning segments of study to various participants, coordinating the efforts of the team, and consolidating findings. Final products will include completed project reports, recommended courses of action, proposed policy/procedure change, and other relevant types of analysis.
  • Guide the development of credit risk policies for the SF program, prepare options for credit risk limits for the SF program (e.g., assess the impact of possible SF credit risk limits on underwriting standards); periodically assess the prudence of re-setting SF premiums; support SF program staff's preparation of options for refining underwriting standards (e.g., assess the relative impact of loosening underwriting standards on mortgage volumes and quality); support SF program staff's preparation of options for servicing asset management policy (e.g., gather knowledge on industry best practices in loss mitigation); prepare policy options for assuring quality of lender and servicer activities (including but not limited to approaches to loan-level reviews, compliance audits, approval and recertification, and management of counterparty risk).

Requirements

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Conditions of employment

The official duty station for this position will be in Washington, District of Columbia. 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-14 is defined as one year of experience at the GS-13 level, or equivalent that is directly related to the position and which has equipped the candidate with the particular knowledge, skills, and abilities to successfully perform the duties of the position. Specialized experience for this position includes:
- Leads and coordinates executive and senior management involvement in intellectual discussions and decisions regarding credit risk issues facing the Housing Programs; AND
- Counsels key executives on credit risk issues attending Housing programs.

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
  • Relocation incentive will not be paid.
  • Recruitment incentive will not be paid.
  • This is a bargaining unit position.
  • This position is 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.
  • 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: Analytical, Communication, Problem Solving, 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.

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.

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

Assistant Secretary for Housing-Federal Housing Commissioner

The Office of Housing provides vital public services through its nationally administered programs. It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, and regulates important parts of the housing industry. The Office of Housing is committed to building and preserving healthy neighborhoods and communities through homeownership, rental housing and healthcare opportunities.

The Office of Risk Management and Regulatory Affairs was established by Congress on July 28, 2010 under the Federal Housing Administration. The purpose of the office is to cultivate, optimize and execute risk management strategies by identifying risks, ensuring regulated compliance is met, and promoting a risk-conscious climate in a manner consistent with the mission and vision of Federal Housing Administration.

Agency contact information

Applicant Call Center
Phone
304-480-7300
Email
hudinquiries@fiscal.treasury.gov
Address
Asst Secretary for Housing-Federal Housing Commissioner
Administrative Resource Center
Parkersburg, WV 26101
US

Visit our careers page

Learn more about what it's like to work at Assistant Secretary for Housing-Federal Housing Commissioner, what the agency does, and about the types of careers this agency offers.

http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/careers

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