Job opening: Troubled Asset Specialist
Salary: $109 107 - 141 836 per year
Published at: Nov 06 2023
Employment Type: Full-time
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 below, you may wish to apply under announcement 24-HUD-156-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.
Duties
Making a Difference: HUD's Mission
HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination and transform the way HUD does business.
As a Troubled Asset Specialist, you will:
Serve as the primary point of contact for troubled asset projects with sponsors, customers, Federal, State and local government agencies, congressional interests, other external organizations and higher authorities.
Assure that sponsor customer or other agencies participation in the project is in accordance with the agreed upon management plan and facilitates the resolution of identified problems or issues in the most appropriate manner.
Responsible for the development, recommendation, and oversight of all approved and required sponsor, customer, and HUD agreements, leading the negotiation of such agreements on the part of the Department.
Determine acceptability of non-profit sponsors through an analysis of their motives, experience, and relationships, and makes recommendations concerning the acceptance of indemnity agreements whereby the mortgagors assure project completion.
Qualifications
You must meet the following requirements within 30 days of the closing date of this announcement.
For the GS-13, you must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized experience includes experience performing financial analysis on multifamily housing real estate assets to identify risk, ensure compliance and propose solutions to rectify issues.
Examples of such experience could include:
Analyzing portfolio details for multifamily housing programs and projects to provide recommendations and solve potential issues.;OR
Coordinating and supporting a variety of multifamily housing asset management functions and executing resolutions.; OR
Developing solutions to asset management issues.
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.
Contacts
- Address Asst Secretary for Housing-Federal Housing Commissioner
Administrative Resource Center
Parkersburg, WV 26101
US
- Name: Applicant Call Center
- Phone: 304-480-7300
- Email: [email protected]
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