Skip to main content

This job has expired

Credit Risk Officer (Single Family)

Employer
USAJobs
Location
Washington, D.C
Closing date
Oct 19, 2021
Duties

Summary

This position is located in the Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioner.

If you do not meet any of the categories listed above, you may wish to apply under announcement 21-HUD-2110-P which is open for any U.S. citizen to apply. Please refer to that announcement for details on open period, eligibility, and how to apply.
Learn more about this agency

Responsibilities

As a/an Credit Risk Officer (Single Family), you will:
  • Lead and coordinate executive and senior management involvement in discussions and decisions regarding credit risk issues facing the Single Family Housing (SF) program. Provide expert level guidance and counsel on credit risk issues regarding the Single Family program to key decision makers.
  • Represent FHA during briefings and negotiations within the Department, as well as with Congress, officials in other Federal agencies, private industry, and or interest groups.
  • Direct the execution of the SF Credit Risk team's mandate, independently or through coordination a team of other subject matter experts. If serving as a team leader, will be responsible for assigning segments of study to various participants, coordinating the efforts of the team, and consolidating findings. Final products will include completed project reports, recommended courses of action, proposed policy/procedure change, and other relevant types of analysis.
  • Guide the development of credit risk policies for the SF program, prepare options for credit risk limits for the SF program (e.g., assess the impact of possible SF credit risk limits on underwriting standards); periodically assess the prudence of re-setting SF premiums; support SF program staff's preparation of options for refining underwriting standards (e.g., assess the relative impact of loosening underwriting standards on mortgage volumes and quality); support SF program staff's preparation of options for servicing asset management policy (e.g., gather knowledge on industry best practices in loss mitigation); prepare policy options for assuring quality of lender and servicer activities (including but not limited to approaches to loan-level reviews, compliance audits, approval and recertification, and management of counterparty risk).


Travel Required

Not required

Supervisory status
No

Promotion Potential
14

Requirements

Conditions of Employment



The official duty station for this position will be in Washington, District of Columbia. Failure to report to duty at this location may be grounds for a disciplinary action, including removal.

Key Requirements:
  • Please refer to "Conditions of Employment."
  • Must be U.S. Citizen or U.S. National.


  • Qualifications

    You must meet the following requirements within 30 days of the closing date of this announcement.

    Specialized experience for the GS-14 is defined as one year of experience at the GS-13 level, or equivalent that is directly related to the position and which has equipped the candidate with the particular knowledge, skills, and abilities to successfully perform the duties of the position. Specialized experience for this position includes:
    - Leads and coordinates executive and senior management involvement in intellectual discussions and decisions regarding credit risk issues facing the Housing Programs; AND
    - Counsels key executives on credit risk issues attending Housing programs.
    Experience may have been gained in either the public, private sector or volunteer service . One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.

    Time-in-Grade: In addition to the above requirements, you must meet the following time-in-grade requirement, if applicable:
    For the GS-14 you must have been at the GS-13 level for 52 weeks.

    Time After Competitive Appointment: Candidates who are current Federal employees serving on a non-temporary competitive appointment must have served at least three months in that appointment.

    Education

    This job does not have an education qualification requirement.

    Additional information

    OTHER INFORMATION:
    • We may select from this announcement or any other source to fill one or more vacancies.
    • Relocation expenses will not be paid.
    • Relocation incentive will not be paid.
    • Recruitment incentive will not be paid.
    • This is a bargaining unit position.
    • This position is Exempt from the Fair Labor Standards Act (FLSA).
    • HUD offers alternative and flexible work schedules.
    CONDITIONS OF EMPLOYMENT:
    • A one year probationary period may be required.
    • Must successfully complete a background investigation.
    • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
    • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
    • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
    • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.

    HUD employees are subject to a number of government-wide and HUD specific ethics laws and regulations, including restrictions on working in a real estate related business, and having Section 8 tenants, along with other prohibited interests and activities. To review applicable ethics rules and HUD specific restrictions, please visit https://portal.hud.gov/hudportal/HUD?src=/program_offices/general_counsel/ethics .

    How You Will Be Evaluated

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

    Your application includes your résumé, responses to the online questions, and required supporting documents. Please be sure that your résumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your résumé may result in a "not qualified" determination.

    Rating : Your application will be evaluated in the following areas: Analytical, Communication, Problem Solving, and Technical.
    Your application will be rated and ranked among others, based on your responses to the online questions, regarding your experience, education, training, performance appraisals and awards relevant to the duties of this position. Your rating may be lowered, if your responses to the online questions are not supported by the education and/or experience described in your application.
    Referral : If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. You may be required to participate in a selection interview.

    If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan (CTAP)/Interagency Career Transition Assistance Plan (ICTAP) ) you must receive a rating of at least 84 out of 100 to be rated as "well qualified" to receive special selection priority.

    Background checks and security clearance

    Security clearance
    Other

    Drug test required
    No

    Required Documents

    A complete application includes 1. A résumé, 2. Vacancy question responses, and 3. Submission of any required documents.
    Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible)

    All applicants are required to submit a résumé either by creating one in USAJOBS or uploading one of their own choosing. (Cover letters are optional.) To receive full credit for relevant experience, please list the month/date/year and number of hours worked for experience listed on your résumé. We suggest that you preview the online questions, as you may need to customize your résumé to ensure that it supports your responses to these questions. Please view résumé tips .
    CURRENT AND FORMER EMPLOYEES -- Documentation Relating to Your Federal Employment:-
    • Submit a copy of your SF-50 (Notification of Personnel Action) showing competitive service as Tenure 1 or 2 (Block 24), Position Occupied as 1 - Competitive Service (Block 34), current Grade (Block 18) and Salary (Block 20).
    • Typically Award SF-50s do not provide the required information.
    • If the full performance level of your position is different from the grade indicated in Block 18, please provide proof of the full performance level.
    • If your highest permanent grade is different from your current grade, submit a copy of an additional SF-50 showing that grade.
    • If you are currently on a Veterans' Recruitment Appointment (VRA), submit a copy of an SF-50 indicating that type of appointment. Also, you must submit a copy of your DD214 or other documentation showing dates of service and type of discharge and any other applicable documents such as SF-15, VA letters, etc.


    Performance Appraisal (ALL APPLICANTS): Submit a copy of all pages of your most recent completed annual performance appraisal, dated within the last 12 months, that includes the final rating. In cases where the performance appraisal is more than 12 months old, incomplete or unavailable, you must attach a written explanation of the reasons.

    If you are applying under a special hiring authority (e.g. Military Spouses, Interchange Agreement, VEOA, Schedule A Disability, etc.), please see applicant guide for required documentation . In order to be eligible under one of these authorities, you must submit all required documentation as outlined in the applicant guide.
    CAREER TRANSITION ASSISTANCE PLAN (CTAP) OR INTERAGENCY CAREER TRANSITION ASSISTANCE PLAN (ICTAP) DOCUMENTATION: If you are a displaced or surplus Federal employee, click CTAP/ICTAP for eligibility and a detailed list of required documents you must submit in order to be eligible.

    NON-COMPETITIVE REINSTATEMENT: If you are a former federal employee and wish to be non-competitively reinstated for a higher grade or full performance level than which you left federal employment, you MUST provide a copy of your separation SF50 (the "position occupied" block on the SF-50 should show a "1" and your "tenure" block should show a "1" or "2") AND the last performance appraisal you received from your federal employment which shows at least a fully successful rating. (Note: the Performance Appraisal (ALL APPLICANTS) requirement as stated above is in addition to this requirement.)

    Land Management Eligibles must provide all required documentation to verify eligibility, prior performance, and qualifications for the target position. You can find information on the Land Management Workforce Flexibility Act and eligibility here .

    Get job alerts

    Create a job alert and receive personalized job recommendations straight to your inbox.

    Create alert