We have openings for entry-level examiners in the Division of Federal Home Loan Bank Regulation (DBR), which is responsible for supervising and ensuring the safe and sound operation of the Federal Home Loan Banks.
Summary
We have openings for entry-level examiners in the Division of Federal Home Loan Bank Regulation (DBR), which is responsible for supervising and ensuring the safe and sound operation of the Federal Home Loan Banks.
As an entry-level examiner trainee you will be involved in developmental activities to understand financial management, bank operations and services, housing finance, including understanding observed trends and developments. You will work closely with other examiners and management at all levels in the Federal Home Loan Banks. At first you will work closely with a mentor, and your responsibilities will increase in pace with your demonstrated skills and capabilities. Under the general supervision of a Supervisory Examiner, you will participate in the planning and conducting of examinations and assigned progressively greater responsibilities.
Examiner Trainee Development Program
Examiner trainees hired into DBR's examiner development program will be placed into a structured program of on-the-job training, classroom work, and gradually increasing responsibilities to gain the experience, insight, and poise needed to become a successful commissioned Housing Finance Examiner (HFE). Trainees will also earn professional certifications provided by external professional organizations, such as the American Bankers Association (ABA) and the Global Association of Risk Professionals (GARP). We typically place trainee examiners into a laddered career development program with regular promotion opportunities at various intervals in the program, and the program typically takes between four and five years before final commissioning. Examiner trainees will work with various experts throughout the division to build their experience and their understanding of banking, the examiner profession, and work expectations, and will have opportunities to learn about the various areas of FHFA operations and supervision.
Major Duties and Responsibilities
Examiner trainees develop examination strategies and work plans in determining the scope of examination activities and develops new or adapted work methods and procedures as needed. Examiners lead in the assessment of the components of the CAMELSO rating system (Capital, Asset Quality, Management, Earnings, Liquidity, Sensitivity to Market Risk, and Operational Risk) and serve as members of an examination team to identify emerging and/or embedded risks. Examiners use technical capability to conduct complex examinations and demonstrate the ability to analyze, evaluate, and report on the financial performance and risks of the Regulated Entities and the Office of Finance (OF).
Examiner trainees learn to conduct examinations and detailed reviews in financial, management, market, and/or credit risk and assists in coordinating the examination resources and activities in his/her assigned area. Examiner trainees also learn to plan, organize, and supervise examination activities as a subject matter expert to the staff within other offices pertaining to examinations.
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)
If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, Non-career SES or Presidential Appointee employee in the Executive Branch, you must disclose this information to the Human Resources Office.
FHFA participates in e-Verify. All new hires must complete the I-9 Employment Verification form either on or before their first day of employment. If a discrepancy arises, you must take affirmative steps to resolve the matter.
This position is eligible for inclusion in the bargaining unit. The union that represents employees in this position is the National Treasury Employees Union (NTEU) Local 343.
Examiner trainees are outstationed in a home office. Selectees must reside within 50 miles of a major airport.
If the selectee's duty station is his/her private residence, it must allow ready access to a major metropolitan airport, which offers direct, reasonably efficient routes (from a time and cost perspective) to cities in which the FHLBanks are located.
Travel is required to the Federal Home Loan Banks, Office of Finance and Agency headquarters.
Salary will be based on location.
Qualifications
To qualify for the Examiner Trainee position, you must meet the basic eligibility requirements for the 0570 series and the minimum qualification requirements for the grade level below. Your resume must clearly describe your relevant experience. If you are qualifying based on education, your transcripts (official or unofficial) will be required as part of your application.
A. Undergraduate and Graduate Education: Major study -- accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position.
-OR-
B. Specialized Experience (for positions above GS-5): Examples of qualifying specialized experience include:
Work requiring a thorough knowledge and the application of commercial accounting or auditing principles and practices (but less than full professional accounting knowledge) with a financial institution.
Examining or auditing such financial institutions as savings and loan associations, savings or commercial banking institutions or trust companies, farm credit associations, or Federal or State credit unions.
Professional accounting or auditing work that provided a broad knowledge of the application of accounting or auditing principles and practices.
Work that provided a thorough knowledge of Federal and State laws applicable to the type of financial institution involved (e.g., savings and loan associations, Bank for Cooperatives, savings or commercial banks, investment institutions, etc.), and of the operations and practices of such institutions.
In addition to meeting the basic entry requirements for an Examiner Trainee, applicants must have specialized experience and/or directly related education as 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 Qualifications EL/GS-07:
A: Experience: I qualify for the EL/GS-07 because I have at least 52 weeks of specialized experience at the EL/GS-05 or equivalent demonstrating work experience which includes: Knowledge of financial analysis, ability to analyze financial reports, knowledge of accounting principles, skill in oral communication to present findings and recommendations, and ability to communicate in writing to prepare a variety of reports. -OR-
B. Education Substitute: 1 full year of graduate level education in accounting, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position, and includes at least 24 semester hours in business administration, accounting, finance, marketing, economics, mathematics, or statistics with at least 6 hours in accounting. -OR-
C. Superior Academic Achievement (S.A.A.): abachelor's degree curriculum directly related to the work of the position. To qualify for superior academic achievement, you must have ONE of the following: (1) standing in the upper third of your college class or major subdivision at the time you apply; (2) grade point average of B (3.0 on a 4.0 scale) or B+ (3.5 on a 4.0 scale) or its equivalent for all courses completed, either (a) at the time of application or (b) during the last 2 years of your undergraduate curriculum; (3) election to membership in one of the national honorary scholastic societies that meets the requirements of the Association of College Honor Society. Note: Grade-point averages are to be rounded to one decimal place. For example, 2.95 will round to 3.0 and 2.94 will round to 2.9. -OR-
D. Combination of education and experience: as described above in options "A" and "B". Note: Less than one year of specialized experience may be combined with graduate education in excess of the amount required for the next lower grade level. One academic year of graduate education is considered to be the number of credits hours determined to represent one academic year of full-time study (i.e.,18 semester hours (or 27 quarter hours).
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
Outstationed Locations/Duty Station: Selectee is eligible for establishing their home residence as his/her duty station based on the examiner job requirement to spend a minimum of 25 days annually to conduct on-site examinations of the Federal Home Loan Banks (FHLBanks) and the Office of Finance in Reston, Virginia.
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.
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.
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.
In accordance with the Fair Chance Act, the Federal Housing Finance Agency (FHFA) may not request, in oral or written form, that an applicant for an appointment to (FHFA) disclose criminal history record information before the appointing authority extends a tentative offer to the applicant. Allegations of FHFA violations of this Act may be submitted to fairchanceactcomplaints@fhfa.gov or to Fair Chance Act Complaints, Office of Human Resources Management, Employee Relations Branch, FHFA 400 7th Street, SW Washington DC 20219 within 30 days from the agency employee's alleged non-compliance with the law.
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.
FHFA's application process has been specifically developed to ensure that we only ask you for the information we absolutely need to evaluate your qualifications and eligibility. All applicants are required to submit the following supportive documents:
1. Your Resume: If you have not written a federal resume before, you may want to watch this Resume Writing Tutorial video on the USAJOBS YouTube channel, or read through a helpful Resume Writing FAQ on the USAJOBS Help Site to learn what details you should, and should not, include in your resume. A CV (curriculum vitae) may not contain enough information to meet these resume requirements.
Your resume should list all work experience (paid and unpaid); you must list the full name and address (city and state only) of each employer.
For all types of work experience, you should indicate the start and end date (include month and year); you must also list the average number of hours per week that your worked.
Your resume should also include any education and training you have completed (list the program title, subject area, number of hours completed, and completion date).
2.Required if you are qualifying based on education: An unofficial college transcript.The transcript(s) must show your name, and graduation date. (Note: If you are selected for a position, official transcript will be required.)
3. Required, if applicable: CTAP/ICTAP documentation (a copy of a separation notice or other proof of eligibility for priority selection; a copy of an SF-50, Notification of Personnel Action, showing current position, grade, promotion potential, and duty location; AND a copy of your most recent performance appraisal.)
4. Required, if applicable: Veteran's Preference Documentation (DD-214, Member Copy 4 or other documentation containing dates of service and character of discharge. Disabled veterans and other applicants eligible for 10-point Veteran's Preference please include: documentation to validate your claim - VA letter, SF-15, etc).
5. Other supporting documents:
Cover letter, optional
SF-50, optional
Important Notes:
Utilize the preview feature of USA Jobs to view your documents and ensure the formatting remains and all documents are legible.
Additional materials will not be accepted after the announcement closes (e.g. updated grades, updated resume, etc.).
Your full name must be clearly visible on all documents.
Do not submit encrypted documents.
Tips: Encrypted documents do not transmit properly through USA Jobs. We recommend, you save the document as a new PDF, or Print to PDF to ensure the document comes through properly and is displayed properly using the USA Jobs preview feature.
If the position has an education requirement or you are qualifying on the basis of education, you need to list your education history including the type of degree and your major of study. If the position requires a certain number of credit hours, you are strongly encouraged to list the relevant courses in your resume. Do not include a photograph or video of yourself, or any sensitive information (age, date of birth, marital status, protected health information, religious affiliation, social security number, etc.) on your resume or cover letter. We will not access web pages linked on your resume or cover letter to determine your qualification.
Failure to submit any of the above-mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.
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 03/11/2024 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: During the announcement open period, return to your USAJOBS account, find your application record, and click Edit my application. This option will no longer be available once the announcement has closed.
To view the announcement status or your application status: Click on this: https://www.usajobs.gov/Help/how-to/application/status/. Your application status page is where you can view your application status, and review your notifications sent by the hiring agency regarding your application.
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) 649-3777 to obtain an alternative application.
FEDERAL HOUSING FINANCE AGENCY
400 7th Street, SW
Washington, DC 20219
US
Next steps
After receiving all application packages, 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 their 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 application deadline. 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).
FHFA may select from this announcement or any other source to fill vacancies.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
FHFA's application process has been specifically developed to ensure that we only ask you for the information we absolutely need to evaluate your qualifications and eligibility. All applicants are required to submit the following supportive documents:
1. Your Resume: If you have not written a federal resume before, you may want to watch this Resume Writing Tutorial video on the USAJOBS YouTube channel, or read through a helpful Resume Writing FAQ on the USAJOBS Help Site to learn what details you should, and should not, include in your resume. A CV (curriculum vitae) may not contain enough information to meet these resume requirements.
Your resume should list all work experience (paid and unpaid); you must list the full name and address (city and state only) of each employer.
For all types of work experience, you should indicate the start and end date (include month and year); you must also list the average number of hours per week that your worked.
Your resume should also include any education and training you have completed (list the program title, subject area, number of hours completed, and completion date).
2.Required if you are qualifying based on education: An unofficial college transcript.The transcript(s) must show your name, and graduation date. (Note: If you are selected for a position, official transcript will be required.)
3. Required, if applicable: CTAP/ICTAP documentation (a copy of a separation notice or other proof of eligibility for priority selection; a copy of an SF-50, Notification of Personnel Action, showing current position, grade, promotion potential, and duty location; AND a copy of your most recent performance appraisal.)
4. Required, if applicable: Veteran's Preference Documentation (DD-214, Member Copy 4 or other documentation containing dates of service and character of discharge. Disabled veterans and other applicants eligible for 10-point Veteran's Preference please include: documentation to validate your claim - VA letter, SF-15, etc).
5. Other supporting documents:
Cover letter, optional
SF-50, optional
Important Notes:
Utilize the preview feature of USA Jobs to view your documents and ensure the formatting remains and all documents are legible.
Additional materials will not be accepted after the announcement closes (e.g. updated grades, updated resume, etc.).
Your full name must be clearly visible on all documents.
Do not submit encrypted documents.
Tips: Encrypted documents do not transmit properly through USA Jobs. We recommend, you save the document as a new PDF, or Print to PDF to ensure the document comes through properly and is displayed properly using the USA Jobs preview feature.
If the position has an education requirement or you are qualifying on the basis of education, you need to list your education history including the type of degree and your major of study. If the position requires a certain number of credit hours, you are strongly encouraged to list the relevant courses in your resume. Do not include a photograph or video of yourself, or any sensitive information (age, date of birth, marital status, protected health information, religious affiliation, social security number, etc.) on your resume or cover letter. We will not access web pages linked on your resume or cover letter to determine your qualification.
Failure to submit any of the above-mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.
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 03/11/2024 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: During the announcement open period, return to your USAJOBS account, find your application record, and click Edit my application. This option will no longer be available once the announcement has closed.
To view the announcement status or your application status: Click on this: https://www.usajobs.gov/Help/how-to/application/status/. Your application status page is where you can view your application status, and review your notifications sent by the hiring agency regarding your application.
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) 649-3777 to obtain an alternative application.
FEDERAL HOUSING FINANCE AGENCY
400 7th Street, SW
Washington, DC 20219
US
Next steps
After receiving all application packages, 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 their 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 application deadline. 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).
FHFA may select from this announcement or any other source to fill vacancies.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
