Financial Economist

Expiring today

Employer
Department Of Housing And Urb...
Location
Washington D.C.
Posted
Mar 09, 2017
Closes
Mar 24, 2017
Function
Finance
Hours
Full Time
JOB SUMMARY:

About the Agency

This opportunity is also open to Status eligibles under Announcement 17-HUD-372. Please refer to that announcement for details on open period, eligibility, and how to apply.

This position is located in the US Department of Housing and Urban Development headquarters; Housing/FHA, Office of Risk Management and Regulatory Affairs (ORMRA). The Office of Risk Management and Regulatory Affairs defines and articulates risk management and procedures across the program areas of Single Family and Commercial (Multifamily and Healthcare) to obtain the best risk management practices, providing financial valuations of the various FHA insurance portfolios. ORMRA prepares various reports, actuarial studies, annual credit subsidy estimates, liability for loan guarantee, loan loss reserve estimates, periodic reports on FHA business activities and special studies focusing on FHA Single Family and Commercial (Multifamily and Healthcare) policy development and program monitoring.

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 also helps ensure consumers can access housing counseling and provides affordable rental housing through its Multifamily housing program. The Office of Housing is committed to helping all Americans obtain safe, decent affordable housing.

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. The Office of Risk Management provides independent assessments of emerging and existing risks, communicates substantiated evaluation of risks, as well as recommends risk management strategies and risk mitigation tactics to FHA, its partners, customers and constituents in order to strengthen consumer confidence in the Federal Housing Administration Programs, while increasing capital reserves.


TRAVEL REQUIRED:
  • Occasional Travel
  • Some may be required

KEY REQUIREMENTS:
  • Click "Print Preview" to review the entire announcement before applying.
  • Please refer to "Conditions of Employment."
  • You must meet the following requirements by the closing date of this announcement.

    For the GS-13, you must have one year 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:
    -Analyzing and applying techniques to conduct financial and risk assessments of financial data for policies, initiatives, and programs in the housing industry.; AND
    -Developing research designs related to the analysis of housing and urban economics, public finance, financial economics, labor economics, or microeconomics.


    Education Requirements:

    A. Degree in economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR
    B. Combination of education and experience: courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.


    The education generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education.

    The 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.

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