This position is located in the Department of Housing and Urban Development, Government National Mortgage Association Ginnie Mae. If you do not meet any of the categories listed below, you may wish to apply under announcement 24-HUD-1731-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

As a Mortgage Banking Analyst, you will: Be responsible for monitoring various measures of risk from MBS issuers, services, and custodians. Assist Account Executives (AE) in the Single-Family Manufactured Housing and Multifamily Divisions in the Office with MBS issuers, servicers, and custodians to resolve risk-related problems in a timely and appropriate manner. Maintain a comprehensive and up-to-date knowledge of all aspects of MBS issuer and document custodian monitoring, including (but not limited to) issuer financial condition, portfolio performance, and compliance to program parameters by way of field reviews, desktop and onsite operational audits. Monitor the activities of issuers, sub servicers, and custodians to assess their performance, and compliance with Ginnie Mae MBS guidelines and secondary mortgage market practices. Participate in on-site reviews of troubled issuers or new issuers as needed. This may include reviews of the servicing portfolio, investor reporting and remitting processes, compliance, staffing, technology, key servicing and collateral processes.

Requirements

Qualifications

You must meet the following requirements within 30 days of the closing date of this announcement. Specialized Experience: For the GS-13, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized experience for this position includes working within all facets of the mortgage loan and mortgage-backed securities market with specific experience in the following areas: - Document custody practices and procedures, including reviewing promissory notes, security instruments, title policy, loan modification agreements, and other documents that are part of the collateral file; AND - Interpreting and applying policies and regulations to a mortgage-backed securities program, including utilizing compliance and risk management protocols; AND - Performing mortgage loan servicing, including default management experience with loans backed by Federal Housing Administration (FHA), Veterans Affairs (VA), US Department of Agriculture (USDA) or Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac; AND - Analyzing financial data to determine potential risk exposure and level of non-compliance with MBS program requirements; AND - Assisting in contract administration, such as developing requirements, monitoring cost, proposing modifications, or reviewing contractor work. 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.

Education

This job does not have an education qualification requirement.

Contacts

• Address Government National Mortgage Association Ginnie Mae Administrative Resource Center Parkersburg, WV 26101 US
• Name: Applicant Call Center
• Phone: 304-480-7300
• Email: [email protected]