Mortgage Banking Analyst
What you'd do
This position is located in the Department of Housing and Urban Development, Government National Mortgage Association Ginnie Mae. If you do not meet any of the categories listed below, you may wish to apply under announcement 26-HUD-12971158-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.
Major duties
HUD's Mission The mission of the U.S. Department of Housing and Urban Development is to foster strong communities by supporting access to quality, affordable housing, expanding the housing supply, and unlocking homeownership opportunities for the American people. The Department is committed to furthering the promise of self-sufficiency in every American while promoting economic development to revitalize rural, tribal, and urban communities across the country. This position is located in the Government National Mortgage Association (Ginnie Mae), Monitoring and Asset Management Division. Ginnie Mae is a wholly owned government corporation created to help expand homeownership opportunities for low and moderate-income Americans, by linking global capital markets to the nation's housing markets. As a Mortgage Banking Analyst, you will: - Monitor the activities of issuers, sub servicers, and custodians to assess their performance, and compliance with Ginnie Mae MBS guidelines and secondary mortgage market practices. - Participate in the development of issuer and document custodian field reviews and works with the AE to resolve referred field review findings within prescribed timelines and in accordance with Ginnie Mae requirements. - Participate in the acquisition of a defaulted issuer's portfolio consistent with Ginnie Mae policy. This includes pre-default preparation of materials necessary to implement the default, traveling to the issuer's site to execute the default, and post-default activities. - Act as a Contracting Officer's Representative. - Provide assistance in the management of contracts, which includes assisting in the development of Compliance Review contract, recommending improvements to current contracts and preparing the modification of the contracts to implement the improvement, participating in the development of contract task orders and reviewing contractor work performed under those task orders, and monitoring task order and contract costs to ensure that the costs do not exceed the maximum allowed.
What you need to qualify
You must meet the following requirements within 30 days of the closing date of this announcement. Specialized Experience: For the GS-13 grade level, you must have one year (52 full weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized Experience for this position includes: - Interpreting and applying policies and regulations to a program in the housing industry, including utilizing compliance and risk management protocols; AND - Performing mortgage loan servicing, including default management experience with loans backed by the Federal Housing Administration (FHA), Department of Veterans Affairs (VA), U.S. Department of Agriculture (USDA), or Government-Sponsored Enterprises (GSEs) such as Fannie Mae and Freddie Mac; AND - Analyzing financial data to determine potential risk exposure and levels of non-compliance with housing program requirements; AND - Administering multi-million-dollar contracts, including developing requirements, monitoring costs, proposing modifications, and reviewing contractor performance. The 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-13 you must have been at the GS-12 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.
Before you apply
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