Job opening: Credit Risk Officer (Single Family)
Salary: $139 395 - 181 216 per year
Published at: Apr 11 2024
Employment Type: Full-time
This position is located in the Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioner.
Duties
As a/an Credit Risk Officer (Single Family), you will:
Represent FHA during briefings and negotiations within the Department, as well as with Congress, officials in other Federal agencies, private industry, and or interest groups.
Direct the execution of the SF Credit Risk team's mandate, independently or through coordination a team of other subject matter experts. If serving as a team leader, will be responsible for assigning segments of study to various participants, coordinating the efforts of the team, and consolidating findings. Final products will include completed project reports, recommended courses of action, proposed policy/procedure change, and other relevant types of analysis.
Guide the development of credit risk policies for the SF program, prepare options for credit risk limits for the SF program (e.g., assess the impact of possible SF credit risk limits on underwriting standards); periodically assess the prudence of re-setting SF premiums; support SF program staff's preparation of options for refining underwriting standards (e.g., assess the relative impact of loosening underwriting standards on mortgage volumes and quality); support SF program staff's preparation of options for servicing asset management policy (e.g., gather knowledge on industry best practices in loss mitigation); prepare policy options for assuring quality of lender and servicer activities (including but not limited to approaches to loan-level reviews, compliance audits, approval and recertification, and management of counterparty risk).
Monitor SF credit risk exposure and coordinate effective response - develop options and counsel DAS-RMRA, ADAS-RM, and DIR-RM on the appropriate way to structure the Single Family-credit risk section of FHA's risk heat-map; monitor the SF program's exposure to credit risk against this framework, on an ongoing basis; identify imminent breaches of risk limits set for the SF program, and propose appropriate mitigation responses.
Qualifications
You must meet the following requirements within 30 days of the closing date of this announcement
Specialized Experience: For the GS-14, you must have one year (52 full weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the Federal service. Specialized Experience for this position includes:
Coordinates executive and senior management discussions and decisions regarding credit risk issues facing FHA Single Family Housing Programs; AND
Leads data analysis of FHA Single Family Housing Programs with knowledge in SAS programming.
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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