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Mortgage Banking Analyst

Department of Housing and Urban Development
Government National Mortgage Association (Ginnie Mae)
This job announcement has closed

Summary

This position is located at Department of Housing and Urban Development, Government National Mortgage Association Ginnie Mae.

This opportunity is also open to Status eligibles under announcement 24-HUD-2237. Please refer to that announcement for details on open period, eligibility, and how to apply.

Overview

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Reviewing applications
Open & closing dates
08/29/2024 to 09/11/2024
Salary
$117,962 to - $153,354 per year
Pay scale & grade
GS 13
Location
4 vacancies in the following location:
Washington, DC
Remote job
No
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Occasional travel - You may be expected to travel for this position.
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
13
Supervisory status
No
Security clearance
Other
Drug test
No
Financial disclosure
Yes
Bargaining unit status
Yes
Announcement number
24-HUD-2238-P
Control number
806955300

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 Mortgage Banking Analyst, you will:

  • Be responsible for monitoring various measures of risk from MBS issuers, services, custodians, and digital collateral functions.
  • Assist Account Executives (AE) in the Single-Family Manufactured Housing and Multifamily Divisions in the Office with MBS issuers, servicers, and custodians to resolve risk-related problems in a timely and appropriate manner.
  • Maintain a comprehensive and up-to-date knowledge of all aspects of MBS issuer and document custodian monitoring, including (but not limited to) issuer financial condition, portfolio performance, and compliance to program parameters by way of field reviews, desktop and onsite operational audits.
  • Monitor the activities of issuers, sub servicers, and custodians to assess their performance, and compliance with Ginnie Mae MBS guidelines and secondary mortgage market practices.
  • Participate in on-site reviews of troubled issuers or new issuers as needed. This may include reviews of the servicing portfolio, investor reporting and remitting processes, compliance, staffing, technology, key servicing and collateral processes.


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:

  • Must be U.S. Citizen or U.S. National.
  • 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.
  • Obtain and use a Government-issued charge card for business-related travel.
  • File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
  • Please refer to "Additional Information Section for additional Conditions of Employment."

Qualifications

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

Specialized Experience: For the GS-13 grade level, you must have one year (52 full weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service.
Specialized Experience for this position includes:
Experience in Document Custody practices and procedures.
Examples
of this experience could include:
- Reviewing documents that are part of a loan file, including the following: promissory note, security instrument, title policy, loan modification, etc.; or
- Receiving, warehousing, and releasing collateral documents in accordance with guidelines provided by Ginnie Mae.; or
- Participating in Document Custodian on-site compliance or operational reviews, or default actions.

AND

Analyzing financial statement data to determine potential risk exposure and level of non-compliance with Mortgage-Backed Securities Program requirements.
Examples
of this experience could include:
- Reviewing financial statements, including balance sheets, income statements, statement of cash flows for purposes of analyzing an issuers financial health and compliance with GAAP accounting standards.; or
- Providing professional services and technical assistance in the areas of accounting, financial analysis, forensic accounting, internal control issues, and litigation support.; or
- Analyzing and assessing whether Issuers comply with Ginnie Mae's net worth, liquidity, and capital ratio requirements, and if Issuers possess adequate levels of Fidelity Bond and Errors and Omissions insurance coverages.

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






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.
  • A recruitment incentive may be paid to newly appointed (non-Federal) applicants. A service agreement will be required.
  • This is a bargaining unit position.
  • This position is Exempt from the Fair Labor Standards Act (FLSA).
  • HUD offers alternative and flexible work schedules.
  • This announcement may be used to fill additional vacancies for similar positions across HUD. During the online application process, you will be asked to specify if you would like your application information shared with other hiring managers in the Program Office listed in this announcement or in other HUD Program Offices. Opting to share your application information will not impact your application for this announcement, nor will it guarantee further consideration for additional positions.
CONDITIONS OF EMPLOYMENT (CONTINUED):

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

Rating: Your application will be evaluated in the following areas: Analytical, Communication, 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 (highest quality category), Better (middle quality category), or Good (minimally qualified category) 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 score in the middle quality category or better to be rated as "well qualified" to receive special selection priority.

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