This position is located in the Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioner.

Duties

As a Financial Economist, you will: Develop econometric models in conjunction with Office of Risk Management contractors for in-house actuarial reviews of programs within the FHA General Insurance and Special Risk Insurance funds and for identifying emerging trends or risk factors affecting the performance of FHA GI/SRI Fund programs. Advise the FHA Commissioner and senior management regarding premium and underwriting policies for multifamily and healthcare mortgage insurance programs that achieve target credit subsidy rates. Assume responsibility for accuracy and timeliness of cash flow estimates used in the preparation of FHA's audited financial statements, budget estimates, actuarial reviews, and or other reports prepared by the Office of Risk Management or its contractors. Serve as technical and policy liaison with Federal oversight entities, such as the Office of Management and Budget, the General Accounting Office, the Office of the Inspector General, and the Congressional Budget Office, regarding financial and actuarial assessments and audits of various FHA mortgage insurance programs. Serve as technical and policy liaison with other HUD Offices regarding financial and actuarial assessments and audits of various FHA mortgage insurance programs.

Requirements

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: - Analyzing and applying techniques to conduct financial and risk assessments of financial data for policies, initiatives, and programs in the multifamily and/or healthcare housing industry.; AND - Assisting in the development of research designs for models related to the analysis of housing and urban economics, public finance, financial economics, labor economics, or microeconomics. 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

Individual Occupational Requirements

A. Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
OR
B. Combination of education and experience: courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.

Evaluation of Experience -
Examples of qualifying experience include:
1. Individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation;
2. Supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or
3. Teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.

Experience in related fields that did not involve the use and understanding of economic principles and theories may not be used as qualifying experience for these positions. Special attention on this point should be given to certain types of work that may or may not have provided professional economic experience. The following examples of work require special care in such determinations:
1. Economic statistics;
2. Industrial surveys;
3. Management of individual business enterprises, including farms;
4. Industrial planning;
5. Writing or editorial work in economic subjects; and
6. Financial market analysis.

The education generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency. Refer to the OPM instructions.

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]