The incumbent is a Policy Analyst working independently and in conjunction with the Supervisory Policy Analyst, Policy Analysts, Examination Specialist and Financial Analysts in gathering and analyzing information, drawing conclusions, making recommendations, preparing memos and reports, monitoring activity by the Enterprises and FHLBs, monitoring new market developments, policy changes, and working with other offices or staff at the regulated entities, and external stakeholders.
Summary
The incumbent is a Policy Analyst working independently and in conjunction with the Supervisory Policy Analyst, Policy Analysts, Examination Specialist and Financial Analysts in gathering and analyzing information, drawing conclusions, making recommendations, preparing memos and reports, monitoring activity by the Enterprises and FHLBs, monitoring new market developments, policy changes, and working with other offices or staff at the regulated entities, and external stakeholders.
The Division of Housing Mission and Goals (DHMG) is responsible for FHFA policy development and analysis, oversight of housing and regulatory policy, oversight of the mission and goals of the Enterprises, and the housing finance and community and economic development mission of the Federal Home Loan Banks (FHLBs). In support of FHFA's mission and the Director's responsibilities as a member of the Federal Housing Finance Oversight Board, the Financial Stability Oversight Board, and the Financial Stability Oversight Council, the division also oversees and coordinates FHFA activities. Such activities involve data analyses, market surveillance, systemic risk monitoring, and analysis affecting housing finance and financial markets.
Office of Fair Lending Oversight
The mission of the Office of Fair Lending Oversight (OFLO) is to ensure that the Enterprises and FHLBs operate consistently with the public interest and with sufficient overall risk management by providing fair, equitable, and nondiscriminatory access to credit and housing. OFLO accomplishes its mission by monitoring the Enterprises and the FHLBs for fair lending risk; conducting targeted fair lending risk assessments on their policies, programs, and activities; advising FHFA decision makers on policy matters with regard to fair lending; and advancing equity through its Equitable Housing Finance Program and policy work. OFLO's monitoring and assessments focus on identifying fair lending risks associated with potential discrimination under the Equal Credit Opportunity Act, the Fair Housing Act, the Safety and Soundness Act, and other applicable nondiscrimination laws.
The duties listed below are described at the EL-12 grade level. At grades EL-09 and EL-11 you will perform these duties with varying levels of difficulty and supervision.
Incumbent selected will perform the following duties:
Serves a Policy Analyst, monitors and analyzes the Enterprises' and the FHLBs' fair lending risk.
Gathers and reviews information on programs, policies, and activities for fair lending risk.
Evaluates and assesses information gathered to draw conclusions and make recommendations about fair lending risk.
Documents and develops potential changes to programs, policies, or activities related to fair lending risk.
Develops methods and work plans for conducting overall fair lending risk assessment and to conduct targeted fair lending risk assessments.
Uses knowledge of fair lending risk and potential discrimination under the Equal Credit Opportunity Act, the Fair Housing Act, the Safety and Soundness Act, and other applicable nondiscrimination laws to evaluate programs, policies, and activities.
Prepares or assists in preparing internal and external reports.
Participates in outreach activities to housing finance experts, groups, and stakeholders through meetings, conferences, symposia, and forums to support policy development.
Presents fair lending findings and reports to internal and external audiences.
Works collaboratively with colleagues within and external to the office on projects or working groups.
Monitors how changes in the housing finance industry and economic conditions impact the Enterprises and the FHLBs regarding fair lending risk.
Keeps abreast of developments in housing finance and fair lending by monitoring real estate finance information and marketing, affordable housing trends, and legislative and regulatory developments. Applies information gathered in daily work assignments, as input for program modifications as appropriate.
Ensures the timely development, production, and accuracy of management reports on the housing finance activities of the Enterprises, as appropriate.
Males born after 12-31-59 must be registered for Selective Service
Suitable for Federal employment, as determined by background investigation
May be required to successfully complete a probationary period
Only experience and education obtained by the closing date of this announcement will be considered.
Resume and supporting documents (See How To Apply)
This is not a remote position; you must live within or be willing to relocate within a commutable distance of the Washington, DC duty location.
Qualifications
In order to qualify for the Policy Analyst position, you must meet the education and/or experience requirements for each grade level described below. Your resume must clearly describe your relevant experience; if qualifying based on education, your transcripts (official or unofficial) will be required as part of your application.
Minimum Qualification Requirement for the EL/GS-09 level: To qualify for the EL/GS-09 grade level, you must meet one of the three qualification requirements described below for an EL/GS-09 level Policy Analyst. Please select the response that describes your education and/or experience.
A. Degree: graduate degree in finance, business administration, economics, public policy, urban planning or related field.
-OR-
B. Combination of education and experience: a combination of education and appropriate experience.
-OR-
C. Specialized Experience: I have at least 52 weeks of specialized experience equivalent to the EL/GS-07 level in the Federal service or private sector. Examples of specialized experience includes the following:
(1) assisting gathering and analyzing facts to support housing finance policy decisions; and/or
(2) analyzing and monitoring of financial institutions; and/or
(3) assisting in conducting routine studies of housing finance policy; and/or
(4) researching and compiling data. Note: To qualify using specialized experience your resume MUST demonstrate your ability to perform 2 of the 4 described above.
Minimum Qualification Requirement for the EL/GS-11 level: To qualify for the EL/GS-11 grade level, you must meet one of the three qualification requirements described below for an EL/GS-11 level Policy Analyst. Please select the response that describes your education and/or experience.
A. Degree: Ph.D. in finance, business administration, economics, public policy, urban planning, real estate or closely related field.
-OR-
B. Combination of education and experience: a combination of education and appropriate experience.
-OR-
C. Specialized Experience: I have at least 52 weeks of specialized experience equivalent to the EL/GS-09 level in the Federal service or private sector. Examples of specialized experience includes the following:
(1) assisting in gathering and analyzing facts to analyze the performance of regulated entity; and/or
(2) participating in analysis and monitoring of financial institutions; and/or
(3) assisting in conducting routine studies of housing finance policy; and/or
(4) researching and compiling data; and/or
(5) assisting in compiling and analyzing information from a variety of technical sources and developing graphic and summarize information in easy-to-understand formats. Note: To qualify using specialized experience your resume MUST demonstrate your ability to perform 3 of the 5 described above.
Minimum Qualification Requirement for the EL/GS-12 level: To qualify for the EL/GS-12 grade level, you must demonstrate that you have at least 52 weeks of specialized experience equivalent to the EL/GS-11 level in the Federal service or private sector. Examples of specialized experience includes the following:
(1) analyzing mortgage demographic and credit data, sources, presenting issues and recommendation to senior staff; and/or
(2) analyzing and evaluating fair lending issues, performance of a regulated entities and providing recommendations to resolve the issues; and/or
(3) providing technical and policy recommendations regarding performance measurement and enforcement remedies for mortgage related activities; and/or
(4) compiling and analyzing financial information from a variety of technical sources and developing graphic and summarize information in easy-to-understand formats. Note: To qualify using specialized experience your resume MUST demonstrate your ability to perform 2 of the 4 described above.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Education
ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.
GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.
FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html
Additional information
If you are a veteran with preference eligibility and are claiming 5-points veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility. If you are claiming 10-point veterans' preference, you must also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the proof required by that form. For more information on veterans' preference visit: https://www.usajobs.gov/Veterans.
FHFA may select from this announcement or any other source to fill one or more vacancies.
Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: (1) meet CTAP or ICTAP eligibility criteria; (2) be rated well-qualified for the position ; and, (3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. For more information visit: http://www.opm.gov/rif/employee_guides/career_transition.asp.
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.
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. The Agency's decision on granting a reasonable accommodation will be made on a case-by-case basis.
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.
Noncompetitive Appointment Authorities: For more information on noncompetitive appointment authority eligibility requirements:
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How you will be evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
This position is being filled through Federal Housing Finance Agency's hiring authority granted by the Housing Economic Recovery Act (HERA). All applicants meeting the basic qualification requirements will be forwarded to the selecting official for consideration. Candidates with Veteran's preference, who meet the specialized experience and education requirements for this vacancy, will be given priority consideration over non-preference candidates.
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.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
To apply for this position and receive full consideration, you must submit a complete Application Package which includes:
1. Your resume MUST clearly identify the dates that support your experience (month/year) and the number of hours worked per week for each position.
2. College Transcript(s) REQUIRED, if qualifying based on education
3. Other supporting documents:
Cover Letter, optional
SF 50, optional
Veterans' Preference documentation, if applicable (e.g., DD-214 Member Copy 4 showing type of discharge/character of service, SF-15 Form and related documentation, VA letter, etc.)
Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation, if applicable (e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.)
If you are relying on your education to meet qualification requirements:
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
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 03/20/2023 to receive consideration.
To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application.
Follow the prompts to select your resume and/or other supporting documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
After acknowledging you have reviewed your application package, complete the Include Personal Information section as you deem appropriate and click to continue with the application process.
You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application.
To update your application, including supporting documentation, at any time during the announcement open period, return to your USAJOBS account (https://usajobs.gov). Once logged in, there you will find a record of your application, the application status, and an option to Edit my application. This option will no longer be available once the announcement has closed.
To verify the status of your application both during and after the announcement open period, log into your USAJOBS account: https://www.usajobs.gov. On the Home page, scroll down and locate your job application. Once the job has been located, click the "Track this application" link on the right under the application date. The page will refresh to display the Agency's Application Information page where you can scroll down and review any notifications the agency has sent you. 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 Devin Hinkle at devin.hinkle@fhfa.gov or (202) 860-6514 to obtain an alternative application.
FEDERAL HOUSING FINANCE AGENCY
400 7th Street, SW
Washington, DC 20219
US
Next steps
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.
***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).
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
To apply for this position and receive full consideration, you must submit a complete Application Package which includes:
1. Your resume MUST clearly identify the dates that support your experience (month/year) and the number of hours worked per week for each position.
2. College Transcript(s) REQUIRED, if qualifying based on education
3. Other supporting documents:
Cover Letter, optional
SF 50, optional
Veterans' Preference documentation, if applicable (e.g., DD-214 Member Copy 4 showing type of discharge/character of service, SF-15 Form and related documentation, VA letter, etc.)
Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation, if applicable (e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.)
If you are relying on your education to meet qualification requirements:
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
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 03/20/2023 to receive consideration.
To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application.
Follow the prompts to select your resume and/or other supporting documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
After acknowledging you have reviewed your application package, complete the Include Personal Information section as you deem appropriate and click to continue with the application process.
You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application.
To update your application, including supporting documentation, at any time during the announcement open period, return to your USAJOBS account (https://usajobs.gov). Once logged in, there you will find a record of your application, the application status, and an option to Edit my application. This option will no longer be available once the announcement has closed.
To verify the status of your application both during and after the announcement open period, log into your USAJOBS account: https://www.usajobs.gov. On the Home page, scroll down and locate your job application. Once the job has been located, click the "Track this application" link on the right under the application date. The page will refresh to display the Agency's Application Information page where you can scroll down and review any notifications the agency has sent you. 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 Devin Hinkle at devin.hinkle@fhfa.gov or (202) 860-6514 to obtain an alternative application.
FEDERAL HOUSING FINANCE AGENCY
400 7th Street, SW
Washington, DC 20219
US
Next steps
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.
***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).
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
