Senior Examiner/Examiner (Credit Risk)

4 days left

Employer
USAJobs
Location
Washington, D.C
Posted
Oct 15, 2020
Closes
Oct 23, 2020
Function
Administrative
Hours
Full Time
Duties

Summary

The incumbent serves as a Senior Examine or Examiner with responsibility for planning, organizing and completing examinations of the GSEs in the area of credit risk, of financial institutions. At the lower grade levels, the incumbent's work in less independent, and less in depth knowledge is required.
Learn more about this agency

Responsibilities

The incumbent assists in the development of examination strategies and work plans and in determining the scope of examination activities, and develops new or adapted work methods and procedures as needed.

Follows supervisory guidance such as the examination manual, advisory bulletins, examination guidelines and policy statements to ensure that the development of examination scope and reports are completed according to prescribed FHFA regulatory and supervisory policy and program guidelines and standards.

Communicates examination findings and their bases to senior management to elicit management's views. During the course of the examination, the Senior Examiner facilitates the flow of information and ensures an accurate understanding of the key risks, processes and controls, and the factual basis for examination findings.

Documents examination findings through a combination of GSE source documents, report comments and other examination work papers that address both management practices and condition. Work papers are completed in accordance with FHFA's work paper standards, as provided in the examination.

Keeps abreast of significant issues or events and emerging risks that may impact the continued safe and sound operations of the GSEs. Provides first-hand experience concerning industry problems and the adequacy of current examination techniques in dealing with them. Analyzes banking, financial, housing, operational, and mortgage market developments affecting the entities. Provides written analysis and recommendations for supervisory issues requiring FHFA approval or attention.

Maintains an expert knowledge of issues, trends, and advances in risk management and risk-based examinations of large, complex financial institutions. Provides FHFA management with expert advice on advances in examination management of practices and risk-based examination procedures, and makes recommendations for the enhancement of the examination program.

Travel Required

Occasional travel - You may be expected to travel for this position.

Supervisory status
No

Promotion Potential
14

Requirements

Conditions of Employment

  • Must be a U.S. Citizen or National
  • Males born after 12-31-59 must be registered for Selective Service
  • Resume and supporting documents (See How To Apply)
  • 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.


Qualifications

Qualifying experience for the EL/GS-14 level includes one year of specialized experience equivalent to EL/GS-13 which is in or directly related to the line of work of the position 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:
  • Leading examinations or auditing of complex financial institutions, financial services providers, and/or technical services providers.
  • Analyzing and applying risk management principles related to financial institutions, financial services providers, and/or technical services providers.
  • Formulating the objectives and scope of work to be completed in the assessment of a risk area, including establishment of key milestones, document review requirements, and testing design.
  • Authoring written materials for senior management and written critical analyses as part of work related to financial institutions, financial service providers, and/or technical services providers.
  • Expert experience as a financial institution examiner in the credit risk examinations area leading assessments:
    • on the quantity of existing and potential credit risk associated with loan and investment portfolios, advances, real estate owned, other assets, and counterparties, including management's ability to identify, measure, monitor and control credit risk.
    • on the adequacy of underwriting standards, the soundness of credit administration practices, the appropriateness of risk identification and rating practices, and the volume and nature of credit documentation exceptions.
Qualifying experience for the EL/GS-13 level includes one year of specialized experience at the equivalent EL/GS-12.

Examples of specialized experience include the following:
  • Working with teams or individuals on examinations or audits of complex financial institutions, financial services providers, and/or technical services providers.
  • Evaluating and utilizing risk management principles related to financial institutions, financial services providers, and/or technical services providers.
  • Analyzing the objectives and scope of work to be completed in the assessment of a risk area, including establishment of key milestones, document review requirements, and testing design.
  • Composing and editing and presenting written materials for senior management and written critical analyses as part of work related to financial institutions, financial service providers, and/or technical services providers.
  • Experience as a financial institution examiner in the credit risk examinations area assessing:
    • the quantity of existing and potential credit risk associated with loan and investment portfolios, advances, real estate owned, other assets, and counterparties, including management's ability to identify, measure, monitor and control credit risk.
    • the adequacy of underwriting standards, the soundness of credit administration practices, the appropriateness of risk identification and rating practices, and the volume and nature of credit documentation exceptions.
    • the level and pace of asset growth, the adequacy of loan and investment policies, procedures and practices, and the ability of management to properly administer its assets.

Qualifying experience for the EL/GS-12 level includes one year of specialized experience at the equivalent EL/GS-11.

Examples of specialized experience include the following:
  • Participating in the review of financial activities related to examinations or audits of complex financial institutions, financial services providers, and/or technical services providers.
  • Participating in the analysis and implementation of risk management principles related to financial institutions, financial services providers, and/or technical services providers.
  • Assisting with the analysis and development of the objectives and scope of work to be completed in the assessment of a risk area, including establishment of key milestones, document review requirements, and testing design.
  • Compiling data to prepare drafts of written materials for senior management and written analyses as part of work related to financial institutions, financial service providers, and/or technical services providers.
  • Participating in credit risk examinations or work related to reviewing:
    • the quantity of existing and potential credit risk associated with loan and investment portfolios, advances, real estate owned, other assets, and counterparties, including management's ability to identify, measure, monitor and control credit risk.
    • and analyzing the adequacy of underwriting standards, the soundness of credit administration practices, the appropriateness of risk identification and rating practices, and the volume and nature of credit documentation exceptions.
Qualifying experience for the EL/GS-11 level includes one year of specialized experience at the equivalent EL/GS-09.

Examples of specialized experience include the following:
  • Assisting management with assembling financial materials required to conduct examinations or audits of complex financial institutions, financial services providers, and/or technical services providers.
  • Assisting with financial programs controlled by Federal and State laws, and risk management principles applicable to the financial institutions, financial services providers, and/or technical services providers,
  • Supporting teams in completing projects related to the financial objectives and scope of work to be completed in the assessment of a risk area, including establishment of key milestones, document review requirements, and testing design.
  • Collecting, organizing, reviewing, drafting or editing written materials for senior management as part of work related to financial institutions, financial service providers, and/or technical services providers.
  • Experience and understanding of credit risk associated with loan and investment portfolios, advances, real estate owned, other assets, and counterparties, including management's ability to identify, measure, monitor and control credit risk, underwriting standards, asset growth, loan and investment policies, procedures and practices, and the ability of management to properly administer its assets, including the timely identification and collection of problem assets.
  • Performed tasks and analyses in support of the assessment of the quantity of existing and potential credit risk and management's ability to identify, measure, monitor and control credit risk. Support the assessment and adequacy of underwriting standards, the soundness of credit administration practices, and the appropriateness of risk identification and rating practices.
  • Performed tasks and analyses to support assessment of the level, distribution, severity of problem, adversely classified, nonaccrual, restructured, delinquent, and nonperforming assets and transactions. Support assessment of the credit risk arising from or reduced by off-balance sheet transactions.
Or

Ph.D. or equivalent doctoral degree: Major study in (accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position.
Or
3 full years of progressively higher level graduate education leading to such a degree.

Commissioned Examiners Preferred

At the higher grade levels, there is a higher degree of knowledge and independence and less supervision.

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

Additional information

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) must meet the following definition of well-qualified: Well-qualified candidates are those who satisfy all minimum qualification requirements and have conducted complex examinations, in the area of Credit Risk that affect the regulated entities .
(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:
  • Persons with Disabilities-Schedule A
  • Special Hiring Authorities for Veterans
  • Special Hiring Authority for Certain Military Spouses
  • Other Special Appointment Authorities


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.

Background checks and security clearance

Security clearance
Other

Drug test required
No

Position sensitivity and risk
Non-sensitive (NS)/Low Risk

Trust determination process

Required Documents

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. Other supporting documents:
  • Cover Letter, optional
  • SF 50, optional
  • College Transcript(s), if qualifying based on education
  • Veterans' Preference documentation, if applicable (e.g., DD-214 Member Copy 4 showing type of discharge/character of service, SF-15 Form and related documentation, VA letter, etc.)
  • Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation, if applicable (e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.)


If you are relying on your education to meet qualification requirements:

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education .

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.

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