SENIOR FINANCIAL ANALYST

Employer
USAJobs
Location
Washington, D.C
Posted
Oct 08, 2021
Closes
Oct 15, 2021
Function
Analyst
Hours
Full Time
Duties

Summary

The Office of Capital Policy (OCAP) develops regulatory capital policy for Fannie Mae and Freddie Mac (the Enterprises); provides oversight of regulatory capital processes and capital and liquidity standards for the Enterprises' counterparties; develops and maintains mortgage credit models; and monitors the business activity, financial performance, and risk exposure of the Enterprises to support regulatory capital policy.
Learn more about this agency

Responsibilities

The credit modeling team in OCAP develops, deploys, and maintains the FHFA Mortgage Analytics Platform (SF FMAP) to forecast the Enterprises' loan performance and credit losses.

Incumbent selected will serve as a Senior Financial Analyst and perform the following duties:
  • Designs, develops, tests, and maintains relational loan level and economic variable databases.
  • Validates and reconciles economic, financial, mortgage, and other relevant data from the regulated entities and external sources
  • Identifies mortgage performance and credit loss drivers.
  • Utilizes knowledge of contemporary research methods, including but are not limited to, classical econometrics, machine learning, time-series analysis, computational statistics.
  • Designs, develops, and enhances quantitative models used to understand and evaluate the behavior of mortgage market participants, including borrowers, the Enterprises and counterparties, and functioning of mortgage and housing markets.
  • Conducts research and preparing formal written products to facilitate the development, understanding and analysis of techniques for valuation and risk measurement. Ensuring models and results are fully documented and reproducible.
  • Works collaboratively with office directors and other staff to develop new regulations, orders, or policies that should be undertaken to respond to potential threats to the safety and soundness of the GSEs.
  • Communicates, orally and in writing, technical material for technical and non-technical peers, FHFA management and stakeholders, internal and external.


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)
  • Pursuant to Executive Order 14043, being fully vaccinated against COVID-19 is a condition of employment for this position. If selected, you will be required to provide proof of your COVID-19 vaccination status.
  • 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

Specialized experience: qualifying experience for the EL-13 level includes one year of specialized experience at least equivalent to the 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
:
Experience collecting, cleaning, and validating loan-level data, building loan performance panel dataset for model estimation for a financial Institution.

Experience using SAS, R, Python, SQL, MATLAB, or STATA to analyze performance of a financial institution.

Experience analyzing and modeling residential mortgage default, loss severity, and prepayment.

Experience performing work that required knowledge of economic theory and econometric techniques to analyze complex public policy issues, including issues in housing finance or financial institution regulation

Experience conducting quantitative and qualitative research in microeconomics, finance, and/or macroeconomic subject areas

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 ).

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) be rated well-qualified for the position and meet all of the minimum qualifications; and, (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. The Agency's decision on granting a reasonable accommodation will be made on a case-by-case basis.
  • (202) 649-3963
  • (800) 877-8339 TTY
  • reasonableaccommodations@fhfa.gov


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/11249822

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
  • Required if claiming : 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.)

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