- Full Time
The Federal Housing Finance Agency (FHFA) is a small, dynamic, fast-paced federal agency whose work has far-reaching impact. If selected, you will be part of an integrated team playing a key role in the current and future U.S. housing market.
At FHFA, every employee is critical in meeting our mission. Our team primarily consists of examiners, accountants, economists, financial analysts, information technology specialists, and attorneys - which make up our Mission Critical Occupations (MCO). However, we also employ budget and procurement specialists, human resources specialists, administrative, facilities and space management professionals and student interns.
We offer competitive salaries and a great benefits package.
FHFA: MORE THAN A JOB - MAKING A DIFFERENCE!
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 that they serve as a reliable source of liquidity and funding for housing finance and community investment.
National Mortgage Database Overview
The National Mortgage Database (NMDB) project will provide loan-level information on a sample of first-lien single-family mortgages in the United States. The NMDB will be used for market monitoring and research purposes, including those in support of the agencies' supervisory and regulatory missions. The NMDB will also help FHFA satisfy Congressional reporting mandates under the Housing and Economic Recovery Act (HERA) and fulfill HERA's requirement that FHFA conduct a mortgage market survey.
The NMDB will include information spanning the life of a mortgage loan from origination through termination. The database will include loan-level information about each sample mortgage including: the borrower's financial and credit profile; the mortgage product and terms; the property backing the loan; and the payment history of the loan. Data will be compiled on a 1-in-20 representative sample of mortgages outstanding at any time since 1998 with updates provided on a monthly basis. In addition, the NMDB will include a quarterly survey of mortgage borrowers, the National Survey of Mortgage Borrowers (NSMB).
Occasional travel - You may be expected to travel for this position.
Relocation expenses reimbursed No
Only experience and education obtained by the closing date of this announcement will be considered.
Status candidates must meet time-in-grade requirements (52 weeks at the next lower grade level).Qualifying experience for the EL-15 level includes one year of specialized experience at the equivalent EL-14 which is in or directly related to the line of work of the position to be filled and which has equipped the applicant with the particular knowledge, skills, and abilities to successfully perform the duties of the position. Examples of specialized experience include the following:
1) detailed knowledge of mortgage and housing markets and credit bureau trade line data; 2) Contracting Officer Representative (COR) experience with large data projects; 3) experience with managing relationships with other government agencies and vendors; 4) detailed knowledge and experience managing and conducting consumer surveys, including questionnaire design, survey design and sampling, non-item sample weighting, non-response bias weighting, and report writing; 5) experience in managing data collection and merging of large data sets.
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.
1. Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
2. Combination of education and experience: courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.
Evaluation of Experience
Examples of qualifying experience include:
1. individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation;
2. supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or
3. teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.
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.
Benefits remain the same.
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.
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) 649-3675. 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.
New supervisors are required to fulfill a one-year probationary period.
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 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.Read more Security clearance Public Trust - Background Investigation