Job opening: Branch Chief Troubled Asset Team
Salary: $152 105 - 191 900 per year
Published at: Jan 16 2024
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-565-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
The Office of Housing provides vital public services through its nationally administered programs. It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, and regulates important parts of the housing industry. The Office of Housing is committed to building and preserving healthy neighborhoods and communities through homeownership, rental housing and healthcare opportunities.
The Office of Multifamily Housing is responsible for the overall management, development, direction and administration of HUD's Multifamily Housing Programs. HUD's Multifamily programs provide mortgage insurance to HUD-approved lenders to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing projects. MFH is widely responsible for production, asset management and portfolio oversight, and recapitalization of assisted properties, and field operations. As part of the National Housing Act of 1934, Congress created the Federal Housing Administration (FHA) which later became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965.
As a Branch Chief Troubled Asset Team, you will:
- Manage the efficient and effective coordination and accomplishment of planning, scoping, development design, construction, and operation of major multifamily insured and capital advance projects. Applies an extensive knowledge of construction disciplines, development and management concepts, principles, methods and practices as well as knowledge of methods, practices and processes of engineering and science disciplines. The position requires a broad background and experience in various functions; a full and in depth understanding of HUD Asset Development and Asset management procedures and guidelines, and government contracting processes.
- Perform technical review of work in progress or finished work products of colleagues for accuracy, adequacy, and soundness. The incumbent makes recommendations to the Director or to colleagues for improvement of work products, particularly where adherence to statutory or regulatory requirements may be questionable. The incumbent assists in resolving technical work problems not covered by established policies or procedures and may develop solutions that are precedent setting, and in estimating and reporting on expected time of completion of required work.
- Serve as Branch Chief, Troubled Asset Team responsible for all loan level and deal level credit decision making. Work with development staff to provide input on new loan applications including information about market conditions, management agent and owner. As the Supervisory Troubled Asset Specialist, implements team decisions and guidance, applicable regulations, and policy in the development of a project. Negotiates and integrates all agency functions including underwriting loan closing, construction, start-up and long term management systems and sponsor customer needs of assigned project into a comprehensive procedure. Within this plan, integrates schedules and criteria, and established the participating parties, assumptions and risks, contingencies, and performance measurement criteria. Responsible for maintaining the individual asset servicing timelines as they relate to the management plan goals. Participates in timeline programming decisions affecting long and short-range courses of action for assigned projects. Provides input to the Director on operating budgets related to assigned projects.
Qualifications
You must meet the following requirements within 30 days of the closing date of this announcement.
Specialized experience is one year of experience at the GS-13 level, or equivalent that has equipped you with the knowledge, skills, and abilities to successfully perform the duties of the position. Specialized experience includes:
- Leading a team of employees and monitoring their progress towards achieving project goals and objectives; AND
- Developing solutions to resolve program issues or changing requirements; AND
- Coordinating and supporting a variety of housing asset management functions; AND
- Providing technical assistance to internal and external stakeholders on housing asset management-related matters.
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-14 you must have been at the GS-13 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.
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]
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