This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/567586900. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
The Federal Housing Finance Agency's mission is to ensure that the housing Government Sponsored Enterprises (GSEs) operate in a safe and sound manner so they serve as a reliable source of liquidity and funding for housing finance and community investment.
Incumbent serves as an examiner, responsible for planning, organizing and completing examinations of the FHLBanks and the Office of Finance (OF) for the purpose of ensuring financial safety and soundness and housing mission achievement.
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05/06/2020 to 06/17/2020
$96,835 - $186,474 per year
Range reflects the EL-12/13 in Washington, DC. Candidate's pay range is based on FHFA's geographical salary structure for current duty station.
EL 12 - 13
1 vacancy in the following location:
Yes—as determined by the agency policy.
50% or less - You may be expected to travel for this position.
No
Permanent
Full-Time
Competitive
14
No
No
DBR-20-05
567586900
Current or former competitive service federal employees.
Certain current or former term or temporary federal employees of a land or base management agency.
Status Candidates (Merit Promotion and VEOA Eligibles)
Position Overview
The incumbent, working with team members and/or a Supervisory Examiner:
Conducts the development of work plans in determining the scope of examination activities.
Assesses the components of the CAMELSO rating system.
Serves as a member of an examination team to assess emerging or embedded risks.
Conducts analysis contributing to the conclusion about the FHLBanks and the Office of Finance's financial condition and overall safety and soundness, and degree of compliance with statutory and regulatory requirements.
Conducts due diligence to identify credit risk within the FHLBanks.
Major Duties and Responsibilities
Conducts an evaluation to determine the level and trend of overall credit risk. Assesses credit risk posed by the FHLBank's advances to member institutions, whole loan investments, security investments, and money market investments. Assesses credit concentrations and associated risks.
Conducts an evaluation of the adequacy of FHLBank's credit risk models. This may include models for rating counterparties, valuing whole loan and securities collateral used to secure member advances, and determining credit enhancements for whole loan purchases.
Assesses the FHLBank's credit administration practices and policies.
Assesses the credit risk oversight functions provided by the FHLBank board of directors and senior management, including any designated "risk" committee, and senior management credit risk committee.
Assesses the independent Chief Risk Officer function, including the measurement of risk and independent assessment of the risk management function.
Assesses the adequacy of policies for establishing authorizations and responsibilities, risk strategies, and risk limits. Assesses the adequacy of procedures for promulgating controls over the credit risk management process.
Assesses the Internal Audit coverage of credit risk management processes.
Additional Duties Include
Completes examination work plans to determine the scope of examination activities and develops new or adapted work methods and procedures as needed.
Conducts examinations and reviews in one or more component areas.
Conducts the coordination of examination resources and activities in his/her assigned areas.
Completes written reports regarding the complexity of the operations under examination.
Completes examination findings through a combination of source documents, report comments, and other examination work papers that address management practices. Communicates examination findings and their bases to senior management to elicit management's views.
Follows supervisory guidance such as the examination manual, advisory bulletins, examination guidelines, and policy statements to ensure development of work products is completed according to prescribed FHFA regulatory and supervisory policy and program guidelines and standards.
This job does not have an education qualification requirement.
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.
Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/RegVer/wfRegistration.aspx).
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 with a score of 90 or above; 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 at (202) 649-3963. 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.
You will be evaluated for this job based on how well you meet the qualifications above.
You will be rated based on your responses to the job specific questionnaire and assigned a score ranging from 70 to 100 points. The top ten candidates, and those tied for the tenth spot, will be referred for selection. All qualified non-competitive applicants will be referred.
Competencies:
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.
As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.
To apply for this position, you must submit a complete Application Package which includes:
1. Your resume showing hours worked per week, dates of employment and duties performed.
2. It is strongly recommended that status candidates submit an SF 50 showing highest grade held on a permanent basis in the competitive service.
3. Other supporting documents:
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 06/17/2020 to receive consideration.
To verify the status of your application, log into your USAJOBS account (https://my.usajobs.gov/Account/Login), all of your applications will appear on the Welcome screen. 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 Janice Obeido at janice.obeido@fhfa.gov or (202) 649-3742 to obtain an alternative application.
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.
This announcement will be open for 6 weeks, with one cut-off date after 3 weeks (May 27, 2020).
***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, you must submit a complete Application Package which includes:
1. Your resume showing hours worked per week, dates of employment and duties performed.
2. It is strongly recommended that status candidates submit an SF 50 showing highest grade held on a permanent basis in the competitive service.
3. Other supporting documents:
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 06/17/2020 to receive consideration.
To verify the status of your application, log into your USAJOBS account (https://my.usajobs.gov/Account/Login), all of your applications will appear on the Welcome screen. 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 Janice Obeido at janice.obeido@fhfa.gov or (202) 649-3742 to obtain an alternative application.
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.
This announcement will be open for 6 weeks, with one cut-off date after 3 weeks (May 27, 2020).
***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.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/567586900. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
Division of Federal Home Loan Bank Regulation
The Division of FHLBank Regulation (DBR) is responsible for carrying out the FHFA's statutory duties for ensuring that: 1) the FHLBanks operate safely and soundly, and 2) the FHLBanks remain adequately capitalized. These functions are performed through on-site examinations and off-site monitoring of the FHLBanks and the Office of Finance. DBR also is responsible for policy and regulatory analysis, formulating and planning strategic goals, and conducting and evaluating long-range projects and proposals for all agency programs relating to the FHFA's supervision and oversight of the FHLBank System.
Examinations Group
The Examinations Group is responsible for conducting the annual on-site examination and ongoing supervision of the FHLBanks and the Office of Finance. On-site examinations review the FHLBank's capital, asset quality, management, earnings, liquidity, sensitivity to market risk, operational risk (CAMELSO), and Affordable Housing Program, and the Office of Finance's management and operational risk. FHFA work programs establish examination guidance and expectations to be followed when executing examinations. The Examinations Group also conducts ongoing supervision of the FHLBanks and the Office of Finance throughout the year by conducting on-site visits, holding regularly scheduled conference calls, and engaging in ad-hoc electronic communication.