The Senior Financial Analyst works in the Office of Capital Policy's Enterprise Supervisory Stress Testing Branch, ensuring the Enterprises are well-capitalized through a significant stress event in the housing sector so that the Enterprises serve as a source of liquidity and funding for the housing finance market. The Senior Financial Analyst develops, coordinates, and manages the construction and implementation of a stress test supporting FHFA's Enterprise Regulatory Capital Framework.

Duties

Office of Capital Policy (OCAP) The Office of Capital Policy is responsible for developing regulatory capital policy for Fannie Mae and Freddie Mac, providing oversight of regulatory capital processes such as Dodd-Frank Act Stress Tests (DFAST), providing oversight of capital and liquidity standards for the Enterprises' primary mortgage insurer and seller/servicer counterparties, developing and maintaining mortgage credit models, and monitoring the business activity, financial performance, and risk exposure of the Enterprises to support regulatory capital policy. The Office of Capital Policy also provides quantitative analytical support for FHFA decisions on housing finance policy and assessments of the safety and soundness of the regulated entities. Enterprise Supervisory Stress Testing Branch (ESSTB) The incumbent selected will work in the Office of Capital Policy's Enterprise Supervisory Stress Testing Branch. This branch strives to ensure that the Enterprises are well-capitalized through a significant stress event to the housing sector so that the Enterprises can serve as a reliable source of liquidity and funding for the housing finance market across the economic cycle, including engaging in their mission-related activities. This branch develops, coordinates, and manages the construction and implementation of a supervisory stress test in support of FHFA's Enterprise Regulatory Capital Framework. Major Duties and Responsibilities The Senior Financial Analyst duties listed below are at the full performance level of the position (EL-14). Depending on the grade level selected, the incumbent will perform the following duties to support OCAP's supervisory stress testing program with varying levels of supervision and difficulty: Conducts comprehensive financial stress testing on the Enterprises' business activities. Collects and analyzes financial data and risk metrics to assess the condition and performance of the Enterprises. Designs, develops, and maintains quantitative financial and accounting models. Validates and reconciles financial and mortgage loan data from the regulated entities and external sources. Develops detailed documentation to support the development and modification of the design, expansion, implementation, and maintenance of FHFA's supervisory stress test. Develops information papers and documents in support of policy positions, including developing recommendations and options to enhance the program. Conducts and contributes to special projects related to the Enterprises' financial performance. Monitors, reviews, and evaluates developments occurring within the financial markets including the secondary mortgage market, and with other financial institutions. Assists in the development of office strategies and work plans and determining the scope of work activities. Works collaboratively with colleagues within and external to OCAP. Effectively communicates analyses and conclusions to colleagues/management in the office. Proactively explores alternative approaches to financial analyses/reports independently and/or through discussions with colleagues or supervisor. Produces reports that show a steady progression of improvement in discussion, metrics, and format. Represents the office in meetings and discussions with financial analysts and staff of other agencies, the regulated entities, private organizations, or banking regulatory agencies. Develops and contributes to presentations of financial analysis to FHFA management, colleagues, other FHFA offices, and the Enterprises. Provides analysis and information in support of agency testimony or other publicly released information.

Requirements

• Must be a U.S. Citizen or National
• Males born after 12-31-59 must be registered for Selective Service
• 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.
• Resume and supporting documents (See How To Apply)
• If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, Non-career SES or Presidential Appointee employee in the Executive Branch, you must disclose this information to the Human Resources Office.
• This is NOT a remote or virtual position; you MUST live within or be willing to relocate within a commutable distance to the Washington, DC duty location.
• Bargaining Unit Status: Eligible

Qualifications

In order to qualify for the Financial Analyst position, you must meet the basic entry requirements. In addition, to meeting those requirements, you must meet the minimum qualifications for the grade level to which you are applying. Your resume must clearly describe your relevant experience. If you choose option "A" under the basic requirement, qualifying based on education, your transcripts (official or unofficial) will be required as part of your application. Basic Requirement for a Financial Analyst (1160): A. Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology. -OR- B. Specialized Experience (for positions above GS-5): Experience such as performing financial analysis and evaluation work requiring a comprehensive knowledge of (1) corporate finance and any specialized fields of finance required such as public finance, securities, international finance, money and securities markets, investments, and banking, and (2) the financial and management structure, operations, and practices of corporate and other organizations. In addition to meeting the basic entry requirement for a Financial Analyst, applicants MUST demonstrate in their resume the ability to perform the specialized experience statements described below. Minimum Qualifications EL/GS-13 level includes one year of specialized experience equivalent to the EL/GS-12 which is in or directly related to the line of work of the position to be filled, and has equipped the applicant with the knowledge, skills, and abilities to perform the duties of the position successfully. Note: Applicants MUST demonstrate in their resume three (3) out of the four (4) specialized experience statements described below to qualify. Examples of specialized experience include the following: Experience related to stress testing and capital planning on large financial institutions, such as experience with the Comprehensive Capital Analysis and Review (CCAR) and Dodd-Frank Act stress testing, or capital planning and policy. Experience in areas related to financial analytics, financial model development, and financial forecasting, such as experience operationalizing accounting concepts like Current Expected Credit Losses (CECL) and the allowance for credit losses (ACL) and their interactions with financial and capital projections. Knowledge and experience understanding the data and modeling of key risk types that affect capital (credit, market, and operational risks) and other key risk types. Strong analytic and quantitative skills, including the ability to understand, interpret, and utilize complex data and financial information with a demonstrated ability to conduct analysis with statistical programming packages and data visualization tools such as Tableau, SAS, MATLAB, Polypaths, QRM, STATA or equivalent. Minimum Qualifications EL/GS-14 level includes one year of specialized experience equivalent to the EL/GS-13 which is in or directly related to the line of work of the position to be filled, and has equipped the applicant with the knowledge, skills, and abilities to perform the duties of the position successfully. Note: Applicants MUST demonstrate in their resume four (4) out of the five (5) specialized experience statements described below to qualify. Examples of specialized experience include the following: Experience related to stress testing and capital planning on large financial institutions, such as experience with the Comprehensive Capital Analysis and Review (CCAR) and Dodd-Frank Act stress testing, or capital planning and policy. Experience in areas related to financial analytics, financial model development, and financial forecasting, such as experience operationalizing accounting concepts like Current Expected Credit Losses (CECL) and the allowance for credit losses (ACL) and their interactions with financial and capital projections. Experience related to regulatory capital standards development for large financial institutions. Knowledge and experience understanding the data and modeling of key risk types that affect capital (credit, market, and operational risks) and other key risk types. Strong analytic and quantitative skills, including the ability to understand, interpret, and utilize complex data and financial information with a demonstrated ability to conduct analysis with statistical programming packages and data visualization tools such as Tableau, SAS, MATLAB, Polypaths, QRM, STATA or equivalent. 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

ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html

Contacts

• Address FEDERAL HOUSING FINANCE AGENCY 400 7th Street, SW Washington, DC 20219 US
• Name: Devin Hinkle
• Phone: (202) 649-3777
• Email: [email protected]