Chief Risk Officer

Employer
USAJobs
Location
District of Columbia, D.C
Posted
May 05, 2021
Closes
May 09, 2021
Function
Executive, Chief
Hours
Full Time
Duties

Summary

The Department of Housing and Urban Development is the nation's housing agency committed to strengthening the Nation's housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; and build inclusive and sustainable communities free from discrimination.

Learn more about this agency

Responsibilities

This position is located in the Office of the Chief Financial Officer (OCFO), Department of Housing and Urban Development (HUD). The Office of the Chief Financial Officer provides leadership in instituting financial integrity, fiscal responsibility, and accountability throughout the Department. The mission of OCFO is to lead the Department's Headquarters and Field Office officials toward the understanding and practice of sound financial management in program development and operations, and in the stewardship of public resources. The OCFO ensures the Department establishes and meets financial management goals and objectives; ensures that the Department is in compliance with financial management legislation and directives; analyzes budgetary implications of policy and legislative proposals; and provides technical oversight with respect to all budget activities throughout the Department.

The Chief Risk Officer (CRO) reports to the Deputy Chief Financial Officer. The primary responsibility of the incumbent is to provide executive leadership and management oversight of HUD's Enterprise Risk Management (ERM) program, a program that is subject to continual and intense congressional and media scrutiny, and at times controversy.

The major duties of the position are as follows:

Assumes responsibility for the success of the Enterprise Risk Management (ERM) program and related projects which encompasses the full range of factors affecting program/project accomplishment. This includes:
  • Obtaining financial, technology, and human resources necessary to accomplish the continual development and improvement of an integrated ERM framework and assuming responsibility for its effective use; and
  • Dealing with key officials from within HUD as well as representing the Chief Financial Officer (CFO) and Deputy Chief Financial Officer (DCFO) on departmental, interdepartmental, Congressional, and private sector meetings and conferences to represent HUD in matters that gain understanding and support for the program to reduce fraud, waste, and abuse of taxpayer dollars.

Monitors progress towards organizational goals and makes appropriate adjustments to such goals. This includes:
  • Monitoring work status through formal and informal means to evaluate progress towards improved Financial Controls through Financial Transformation objectives;
  • Assessing overall effectiveness, efficiency, and productivity of the organization and benchmarking of HUD practices against private and public sector best practices in order to make authoritative recommendations for improvement to key HUD officials;
  • Identifying, diagnosing and consulting on problem areas related to implementation and goal achievement and making decisions on alternative courses of action; Will work closely with the Assistant CFO for Financial Management and attached staff in oversight and review of the effectiveness of their day-to-day operational implementation of risk management practices and risk avoidance efforts;
  • Provides internal reports on HUD's ERM status that contain quantitatively and qualitatively rigorous analysis of key risks including credit, market, liquidity, operational, government and reputational risks as well as to meet external required reports to organizations such as Congress, and other governmental agencies Chief Risk Offices.

Makes policy decisions or formally recommends to final approving authority on matters related to the enterprise risk management framework. This includes responsibility for:
  • Reviewing staff recommendations or policies developed to affect the organization's mission as well as to promote a best practice risk-management culture at HUD;
  • Considering political, social, economic, technical, and administrative factors with potential impact on the recommended policies; and
  • Serving as the executive authority responsible for final recommendation packages sent to the approving officials for signature.

Provides managerial support and administrative supervision to a small administrative staff assigned to support the Departmental framework.
  • Has full personnel authority delegation and responsibility to plan, direct and review work of subordinates;
  • Oversees cross-cutting project teams lead by subordinates tasked with analyzing enterprise risk across HUD's program offices - providing guidance as needed to mitigate risk and improve controls that will prevent fraud and waste;
  • Directs the crafting of briefing materials, issue papers, memoranda, reports, studies and risk assessments.


Travel Required

Occasional travel - Work related travel may be required.

Supervisory status
Yes

Promotion Potential
00

Requirements

Conditions of Employment

  • Must be a US Citizen.
  • Must be able to obtain and maintain a Public Trust security clearance.
  • A one-year probationary period is required, if not previously completed.
  • Must meet Mandatory Technical Qualifications (MTQs).
  • Will be required to submit a Public Financial Disclosure Report, SF-278.
  • Must meet Executive Core Qualifications (ECQs).


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Qualifications

Current or Former Political Appointees:
The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently, or have been within the last five (5) years, a political Schedule A, Schedule C, Noncareer SES or Presidential Appointee employee in the Executive Branch, you must disclose this information on your resume and to the Human Resources Office.

As a basic requirement for entry into the SES, applicants must provide evidence of progressively responsible executive leadership and supervisory experience that is indicative of senior executive level managerial capability. This experience should be sufficiently broad in scope and at a major management level in a large or complex organization. The ideal candidate will have experience supervising many employees through subordinate supervisors and have experience hiring, developing, and evaluating employees.Typically, experience of this nature is at the GS-15 or equivalent level in the federal service or its equivalent in the private sector.

Your application should demonstrate that you possess the knowledge, skills, and abilities to successfully fulfill responsibilities inherent in SES positions such as:
  • Leading the work of an organizational unit
  • Ensuring the success of one or more specific major programs or projects
  • Monitoring progress toward strategic organizational goals, evaluating organizational performance and taking action to improveperformance
  • Supervising the work of employees, developing policy and other executive functions

If your experience does not include these basic qualifications, you will not be determined qualified for this position.

YOU MUST FULLY ADDRESS EACH MTQ AND ECQ TO BE RATED FOR FURTHER CONSIDERATION. Current or former career SES employees, or OPM/QRB Candidate Development Program (CDP) candidates are not required to address the ECQs, but MUST fully address the MTQs.

MANDATORY TECHNICAL QUALIFICATIONS (MTQs):All applicants must submit a written narrative addressing each MTQ separately, not to exceed one (1) page per MTQ. Applicants who fail to adhere to the one (1) page per MTQ limit will be disqualified and no longer in consideration.


In addition to the qualifying experience, applicants must possess the following technical qualifications that represent the knowledge, skills, and abilities essential to perform the duties and responsibilities of the position. You must fully address each MTQ to be rated for further consideration.

MTQ 1 - Demonstrated skill in leading and directing a large enterprise level program, serving diversified organizations and functional units.

MTQ 2 - Demonstrated skill in providing innovative, imaginative approaches to develop and implement risk management programs and operations consistent with the long-term interests of an organization and the ability to capitalize on opportunities and manage risk.

MTQ 3 - Demonstrated skill in formulating new objectives and priorities to pioneer risk mitigation efforts in areas where no precedent exists or are of such scope, that have national or department-wide impact.

EXECUTIVE CORE QUALIFICATIONS (ECQs): All applicants must submit a written narrative addressing each ECQ, not to exceed two (2) pages per ECQ for a total of no more than 10 pages. If your ECQs exceed 10 pages, your application will be disqualified and you will no longer be considered. You must fully address each ECQ to be rated for further consideration. Current or former career SES employees, or OPM/QRB Candidate Development Program (CDP) candidates are not required to address the ECQs.

Introduction: The Office of Personnel Management (OPM) has identified five Executive Core Qualifications (ECQs). The ECQs were designed to assess executive experience and potential - not technical expertise. They measure whether an individual has the broad executive skills needed to succeed in a variety of SES positions - not whether they are the most superior candidates for a particular position. Successful competence in the SES requires competence in each ECQ. Candidates must demonstrate executive experience in all five (5) ECQs. Your application should reflect an overall record of the knowledge, skills and abilities necessary to succeed in the SES.

Examples of good qualifications statements and the use of the C-C-A-R model (Challenge/Context/Action/Results), the preferred method of writing your ECQs, is provided in OPM's Guide to SES Qualifications .

Format: For each of the five ECQs, provide at least one example of your qualifications using the four C-C-A-R elements.

1. Challenge - Describe a specific problem or goal.

2. Context - Talk about the individuals and groups you worked with, and/or the environment in which you worked to tackle a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale).

3. Action - Discuss the specific actions you took to address a challenge.

4. Results - Give specific examples of the results of your actions.

These accomplishments demonstrate the quality and effectiveness of your leadership skills.

NOTE: Your responses to the five ECQs must describe the context and the results of your achievements in lay terminology, free of jargon and excessive reliance on acronyms.

ECQ 1 - LEADING CHANGE - This core qualification involves the ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment . (Leadership Competencies: creativity and innovation, external awareness, flexibility, strategic thinking and vision).

ECQ 2 - LEADING PEOPLE - This core qualification involves the ability to lead people toward meeting the organization's vision, mission, and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. (Leadership Competencies: conflict management, leveraging diversity, developing others and team building).

ECQ 3 - RESULTS DRIVEN - This core qualification involves the ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. (Leadership Competencies: accountability, customer service, decisiveness, entrepreneurship, problem solving and technical credibility).

ECQ 4 - BUSINESS ACUMEN - This core qualification involves the ability to manage human, financial, and information resources strategically. (Leadership competencies: financial management, human capital management and technology management).

ECQ 5 - BUILDING COALITIONS - This core qualification involves the ability to build coalitions internally and with other Federal agencies, State and Local governments, nonprofit and private-sector organizations, foreign governments, or international organizations to achieve common goals. (Leadership Competencies: partnering, political savvy and influencing/negotiating).

Detailed information on the Executive Core Qualifications is available here.

Education

Additional information

CONDITIONS OF EMPLOYMENT:

The U.S. Department of Housing and Urban Development strives to ensure that the public perceives HUD as a fair and equitable agency that administers its programs in an objective and impartial manner. As such, HUD is committed to its government ethics program, which advises employees on applicable ethics laws and regulations designed to protect the agency against real and apparent conflicts of interest. As a federal employee, you will be subject to the Standards of Ethical Conduct and the U.S. criminal conflict of interest statutes. As a HUD employee, you will also be subject to the HUD Supplemental Ethics Regulations which restrict the extent to which a HUD employee can engage in certain activities and hold certain investments. Depending on your position, you may also be required to file a public or confidential financial disclosure report. Upon your new appointment, you will receive guidance regarding your ethics obligations. You will also be required to attend a mandatory ethics training within 3 months of appointment.

HUD employees are prohibited under Section 7501.104, 5 Code of Federal Regulations from directly or indirectly owning, acquiring, or receiving:
  • Federal Housing Authority debentures or certificate of claim;
  • Financial interest in a project, including any single-family dwelling or unit subsidized by HUD, or which is subject to a note or mortgage insured by HUD;
  • Section 8 subsidies to or on behalf of a tenant of property you, your spouse, or a dependent child owns.
The following are exceptions to the Section 8 prohibition:
  • The employee, or the employee's spouse or minor child acquires, without specific intent as through inheritance, a property in which a tenant receiving such a subsidy already resides;
  • The tenant receiving such a subsidy lived in the rental property before the employee worked for the Department;
  • The tenant receiving such a subsidy is a parent, child, grandchild, or sibling of the employee;
  • The employee's, or the employee's spouse or minor child's, rental property has an incumbent tenant who has not previously received such a subsidy and becomes the beneficiary thereof; or
  • The location of the rental property is in a Presidentially declared emergency or natural disaster area and the employee receives prior written approval from an agency designee.


How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Applicants will be evaluated against the Mandatory Technical Qualifications (MTQs) and Executive Core Qualifications (ECQs). As a supplement to your application, please provide examples of relevant experience, training, and personal achievements, which address each of the ECQs and MTQs. The examples should be clear and concise and show levels of accomplishment and degree of responsibility. FAILURE TO FULLY ADDRESS THE REQUIRED QUALIFICATIONS (MTQs and ECQs) AND/OR ADHERE TO THE PAGE LIMIT WILL RESULT IN YOUR APPLICATION BEING DISQUALIFIED.

To preview questions please click here .

Background checks and security clearance

Security clearance
Not Required

Drug test required
No

Position sensitivity and risk
High Risk (HR)

Trust determination process
Credentialing , Suitability/Fitness

Required Documents

Your application package must include your:

1. Resume: In addition to your written statements fully addressing the Mandatory Technical Qualifications (MTQs), Executive Core Qualifications (ECQs), and other qualifications as applicable, submit a resume to describe your qualifications. It should include: full name, mailing address, and day and evening telephone numbers and email addresses. Educational information, including the name, city and state of the colleges or universities you attended, as well as the type and year of any degrees received. Information about your paid and non-paid work experience related to the position including:
  • Job title (including series and grade, if Federal job)
  • Duties and accomplishments
  • Employer's name and address
  • Supervisor's name and telephone number (indicate if we may contact your current supervisor)
  • Starting and ending dates of employment (month/year)
  • Hours per week
  • Annual salary
  • Information about honors, awards, and special accomplishments
  • Country of citizenship

2. Reinstatement Eligibles: Include a copy of the Standard Form 50 (Notification of Personnel Action) documenting career appointment to the SES.

3. OPM-Certified SES Candidate Development Program graduates: Provide proof of OPM Qualifications Review Board certification.

4. Written statements fully addressing each of the Mandatory Technical Qualifications (MTQs).

5. Written statements fully addressing each of the Executive Core Qualifications (ECQs). Current or former Career SES employees, or OPM/QRB Candidate Development Program (CDP) candidates are not required to address the ECQs, but MUST address the MTQs.


Veterans Preference does not apply to the SES.

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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