Duties

Summary

Single Family Origination and Selling Team

The policy analyst evaluates and provides ongoing policy analysis across several dimensions, including secondary market loan delivery, operations and data; underwriting and collateral standards; programs and products; and quality control. Is involved in broad policy discussions related to access and the availability of mortgage credit, and mortgage data standardization. The policy analyst also has knowledge of selling representations and warranties.
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Responsibilities

Office of Housing and Regulatory Policy

The Office of Housing and Regulatory Policy (OHRP), part of the Division of Housing, Mission, and Goals (DHMG), is responsible for analyzing and developing housing and regulatory policy for Fannie Mae and Freddie Mac (the Enterprises), as set forth in their statutory missions and congressional charters.

Duties (Described at the EL-13 Level)

This vacancy announcement will be used to fill a Policy Analyst or Senior Policy Analyst position at the EL-12 or EL-13 level. Incumbent selected will work on the Single-Family Origination and Selling Team, in the Office of Housing and Regulatory Policy.

• As a Senior Policy Analyst, you will be responsible for monitoring, advising, and developing policies and guidance related to the Enterprises' public purposes, especially but not limited to their regulatory and statutory requirements.
• Participates in establishing policies and regulations, as required by the Enterprises' charters to support the mortgage market. Policy Analysts participates in office activities, monitors and provides technical and policy expertise regarding, but not limited to the Enterprises' programs, products, business strategies and operations.
• Conducts outreach activities to housing finance experts, groups, and stakeholders through meetings, conferences, symposiums, and forums to support policy development and implementation for the Enterprises. Consult with federal agencies, mortgage industry participants and related trade associations, community advocacy organizations, and the general public regarding the Enterprises' housing finance activities and programs.
• Works on special projects and helps coordinate within the FHFA and/or with the Enterprises, as appropriate. Develops presentation materials for such projects and is responsible for the accuracy of presentation materials. Maintains documentation to verify any analysis included in the materials and to reproduce the analysis, if required.
• Designs and implements effective housing finance regulations, policies, procedures, and guidelines. Implements strategies to monitor policy effectiveness and identifies necessary program and/or policy modifications based on knowledge or experiences with the programs and recommends changes to FHFA regulations and policies as appropriate to ensure continued effectiveness of the programs of the Enterprises.
• Supports the views of the Office, Division and FHFA on inter-office, intra-office and inter-agency working groups and task forces. Represents the views of the Senior Associate Director and Office in a professional manner and is responsible for understanding these views prior to participating in these groups. Responsible for preparing follow-up reports as a member of these groups.
• Communicates with functionally equivalent offices at the HUD, Treasury Department, OCC, FDIC, Consumer Financial Protection Bureau, Department of Veterans Affairs, Ginnie Mae, Federal Reserve System, USDA - Rural Development, Farm Credit Administration, NCUA, and/or other government agencies relevant to the operations and missions of the Enterprises.
• Monitors the Enterprises' single-family housing finance policies and programs relative to certain policy related directives.
• Contributes to resolution of written and telephonic inquiries regarding housing finance programmatic and policy issues.
• Keeps abreast of developments in housing finance by monitoring real estate finance and marketing, and affordable housing trends and legislative developments.
• Applies information gathered in daily work assignments, as input for program modifications as appropriate.
• Ensures the timely development, production, and accuracy of management reports on the housing finance activities of the Enterprises, as appropriate.

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-13 level includes one year of specialized experience at the equivalent to EL-12 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 (Qualified candidates must meet minimum of three specialized experience listed below):

Experience monitoring and analyzing single family housing finance policy, including secondary market loan delivery, underwriting and collateral standards.

Experience providing technical and policy recommendations regarding performance measurement, industry impact, and enforcement remedies for mortgage related activities.

Experience which provided knowledge of the functions and operations of the mortgage industry, including mortgage credit decisions and automated underwriting systems.

Experience which provided knowledge of seller and/or servicer oversight with a focus on performance measurement and enforcement remedies.

Experience synthesizing mortgage data using automated reporting tools to support policy monitoring and surveillance reports.
Qualifying experience for the EL-12 level includes one year of specialized experience at the equivalent to EL-11 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 (Qualified candidates must meet minimum of two specialized experience listed below):

Experience assisting with monitoring and analyzing single family housing finance, including secondary market loan delivery, underwriting and collateral standards.

Experience with the functions and operations of the mortgage industry, including mortgage credit decisions and automated underwriting systems.

Experience with seller and/or servicer oversight with a focus on performance measurement and enforcement remedies.

Experience synthesizing mortgage data using reporting tools to support policy monitoring and surveillance reports.

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

This job does not have an education qualification requirement.

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 ).

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.

To preview the assessment questionnaire: https://apply.usastaffing.gov/ViewQuestionnaire/10971145

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
Suitability/Fitness

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
• 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.)