Job opening: Underwriter
Salary: $93 175 - 125 851 per year
Published at: Nov 30 2023
Employment Type: Full-time
This position is located at Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioner.
This opportunity is also open to Status eligibles under announcement 24-HUD-315. 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 an Underwriter, you will:
Implement team decisions, applicable regulations and policy in the development of the project.
Serve as the primary point of contact for projects assigned with senior HUD management, the sponsor, representatives of other Federal, state and local government agencies, and other external organizations.
Assume responsibility for each assigned project's overall application, processing, construction, closing, management control, coordination and execution in accordance with HUD's published guidelines and guidance.
Qualifications
You must meet the following requirements by the closing date of this announcement.
For the GS-12, you must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service. Specialized experience for this position is defined as:
Utilizing a range of concepts, principles, and practices to finance, originate, underwrite or develop construction or recapitalization of multifamily properties (5 or more units) such as: rental apartment or multifamily cooperative buildings with features such as commercial space, condominium space, age-restrictions or sites with environmental concerns;
Examples of such experience may include:
Providing technical advice and policy guidance on multifamily development financing and underwriting related issues; OR
Approving, analyzing, designing, constructing, or operating multifamily apartments using FHA/HUD multifamily mortgage insurance programs, conventional multifamily lending, or subsidized housing programs. Subsidized housing programs include: Low Income Housing Tax Credits, Project-based Section 8 programs, Section 202 or Section 811 Capital Advance programs, Public Housing Programs, Rural Housing Service loans, or other multifamily mortgage programs with direct government subsidies; OR
Providing oversight or performing underwriting functions, including analyzing and resolving obstacles to successful completion of multifamily housing loan origination or underwriting of market rate transactions and using multiple sources of financing on subsidized properties.
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.
Education
This job does not have an education qualification requirement.
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]