Summary
The Department of Housing and Urban Development (HUD) is seeking highly qualified individuals who are willing to meet the challenges of public service and support our mission. Our compensation package is comparable to the private sector. And we also offer a broad array of program activities to develop your career, such as: networking and training opportunities. At HUD, you'll have a once-in-a-lifetime opportunity to gain insight into federal housing policy and community development.
Duties
This position is located within the Government National Mortgage Association (Ginnie Mae) reporting to the Office of the President (OOP). Ginnie Mae supports the affordable financing of housing in America by providing an efficient government-guaranteed secondary mortgage market that links the global capital markets with mortgage markets across the United States. Ginnie Mae is a wholly owned government corporation under the Department of Housing and Urban Development's (HUD) management control. The Office of Issuer and Portfolio Management (OIPM) is the front line office managing the relationship between Ginnie Mae and the issuers of its Mortgage-Backed Securities (MBS), custodians, and participation agents who participate in its MBS program. Program areas that the incumbent has direct oversight and management include the Single Family, Multifamily, Manufactured Housing and reverse mortgage HMBS programs. OIPM oversees the provisioning of issuer management functions and the active participation in the oversight of issuer activity with respect to risk, monitoring, compliance, and enforcement. Major Duties: The incumbent works with the President and the Executive Vice President, and the Senior Vice Presidents of the various program offices in Ginnie Mae in utilizing a variety of methods and sources to increase the availability and flow of funds from capital markets into the mortgage market while protecting taxpayer exposure to losses. The incumbent will be responsible for implementing and directing strategies in support of all program participant relations, both current and prospective, working in close partnership with the Chief Risk Officer. The incumbent (and his/her staff) is responsible for establishing and maintaining strong relationships throughout the management structure of issuers and custodians, overseeing the development of broad-reaching and tailored solutions to support their participation in the MBS program, while also serving the interests of the Ginnie Mae MBS program as a whole. The incumbent will also provide leadership and input into the development of policies for the Ginnie Mae MBS program, will direct communications and outreach strategies concerning the same. Collaborates with other programs offices within Ginnie Mae to ensure the smooth functioning of the MBS program and the organization in areas of mutual responsibility. Specific duties include: Business Voice: Champion strategic initiatives as the key business voice to ensure proper identification and prioritization of business needs and requirements in the policy, technology, and business process areas to move the MBS program forward. Work across the enterprise to ensure alignment on priorities to ensure critical business needs are being fulfilled and the Ginnie Mae MBS program remains relevant to the housing finance marketplace. Program Development: Collaborate in coordination amongst the Program Development Team on emerging areas for strategic initiatives as well as ensure that current program directives are up to date and enhanced as programmatic needs change and evolve. Work collaboratively across the enterprise to ensure that key initiatives are identified and prioritized to meet the needs of the Ginnie Mae programs. External Communication: Provide effective communication to participants in the Ginnie Mae MBS program about policy, risk management, and other business initiatives. Develop and maintain relationships across the industry to strengthen the Ginnie Mae program. Issuer approval: Ensure that applicants for Ginnie Mae approved issuer status are qualified; render decisions about applications; and oversee orientation training and onboarding procedures for newly approved issuers. Issuer and custodian support: Serve as the point of contact for issues relating to issuer and custodian participation in the MBS program, such as relating to establishment of activities, purchase of commitment authority, and pooling, delivery, or reporting problems and questions. Arrange for the effective representation of participant concerns within Ginnie Mae and be the primary channel for Ginnie Mae engagement with participants. MBS program participant monitoring and oversight: Actively participates in the monitoring of issuer and custodian performance in the MBS program and engages in oversight activities that may include communicating corrective actions to participants, including making well documented recommendations for action that may result in heightened preparation for an issuer default or even an immediate event of default and extinguishment. Perform other duties as assigned.
Education
This job does / does not have an education qualification requirement.
How you will be evaluated
All applicants must submit a two-page resume (not to exceed two-pages) which reflects demonstrated experience for each ECQ and MTQ. Failure to submit a two-page resume WILL DISQUALIFY YOU FROM FURTHER CONSIDERATION. As a result, you will be rated as "INCOMPLETE". Once the application process is complete, a review of your resume and supporting documentation will be conducted. If you meet minimum qualifications, your Application Package will be further reviewed to determine if you possess the Executive Core Qualifications (ECQ) and Technical Qualifications (MTQ) listed above. ECQs and MTQs must be thoroughly addressed within your two (2) page resume. Separate narratives will not be accepted or reviewed. Applicants will be evaluated on the quality and extent of their total accomplishments, experience, the ECQs, and the MTQs. Highly Qualified applicants may undergo one or more structured interviews and may be referred to the selecting official for further consideration. As part of the evaluation process, applicants may be required to participate in additional assessment activities after the vacancy announcement closes, which may include technical evaluations, structured assessments, writing exercises, and/or other job-related evaluation methods. Upon selection, if not already a member of the SES serving under a career appointment, the individual selected must have his/her executive qualifications certified by the U.S. Office of Personnel Management's SES Qualifications Review Board (QRB) before appointment to this position. The selected individual's application will be forwarded to the OPM for review and certification by the QRB, unless the selectee provides evidence of their noncompetitive status (i.e., a current SES, OPM QRB certified SESCDP graduate, or SES reinstatement eligible). Upon QRB certification, the selected individual will be required to serve a one-year probationary period. For more information regarding the SES, go to https://www.opm.gov/policy-data-oversight/senior-executive-service/. Veterans' preference: Is not applicable to positions in the Senior Executive Service. You will be evaluated based on how well you meet the qualifications listed in this vacancy announcement and you be may be required to complete additional assessments during the recruitment process. Your qualifications will be evaluated based on your application materials (e.g., resume, supporting documents), your responses on the application questionnaire, and your responses to all assessments required for this position. Overstating your qualifications and/or experience in your application materials or application questionnaire may result in your removal from consideration.