SummaryThis position is for a Supervisory Financial Analyst in the Division of Enterprise Regulation (DER), Capital Markets Analysis & Surveillance Branch at the Federal Housing Finance Agency (FHFA). In this role, the incumbent will oversee a staff responsible for performing financial analyses on various housing-finance programs.
DutiesHelp
Division of Enterprise RegulationThe Division of Enterprise Regulation (DER) is responsible for the supervision of the Enterprises (Fannie Mae and Freddie Mac) as well as US Financial Technology (US FinTech) and to evaluate the safety and soundness of their operations. The DER contributes to the achievement of FHFA's strategic and performance goals through planning and executing examinations of the Enterprises; developing and preparing the annual reports of examination; issuing supervision policy; providing examiner training; and issuing accounting guidance and risk analysis. The Division also provides support and advice to the Agency on supervisory issues, development of FHFA policy, and internal FHFA management activities.
Position OverviewThe Supervisory Financial Analyst position is assigned to any one of the organizational functions within the Division. In this role, the incumbent will oversee a staff responsible for performing financial analyses on various housing-finance programs; researching and assessing emerging issues and credit-based risks to the Enterprises and FHL Banks; monitoring both current and projected financial performance and business activities of the regulated entities; developing and maintaining mortgage-credit and supervisory stress-test models; and/or identifying areas requiring new/updated housing-finance/mortgage policy initiatives to ensure the regulated entities serve as a reliable source of liquidity as well as funding for housing finance and community investment programs.
Major Duties and Responsibilities- Conduct rigorous financial scenario analysis on the Enterprises.
- Collect and analyze financial data and risk metrics to assess the condition and performance of the Enterprises.
- Design, develop, and maintain quantitative and qualitative financial standards for the Enterprises.
- Validate and reconcile financial, mortgage loan, and MSR data on the Enterprises.
- Develop information papers and documents in support of policy positions, including developing recommendations and options to enhance qualitative and quantitative requirements.
- Conduct and contribute to special projects related to the Enterprises' financial performance.
- Monitor, review, and evaluate developments occurring within the financial markets including the secondary mortgage market, and with other financial institutions.
- Assist in the development of office strategies and work plans and determining the scope of work activities.
- Work collaboratively with colleagues within and external to DER.
- Communicate analyses and conclusions to colleagues/management in the office.
- Explore alternative approaches to financial analyses/reports independently and/or through discussions with colleagues or supervisor.
- Produce reports that show a steady progression of improvement in discussion, metrics, and format.
- Represent the office in meetings and discussions with financial analysts and staff of other agencies, the regulated entities, private organizations, or the Enterprises.
- Develop and contribute to presentations of financial analysis to FHFA management, colleagues, other FHFA offices, and the Enterprises.
- Provide analysis and information in support of agency testimony or other publicly released information.
- Perform other duties as assigned.
RequirementsHelp
Conditions of employment- Must be a U.S. Citizen.
- Males born after 12-31-59 must be registered for Selective Service.
- Suitable for Federal employment, as determined by background investigation.
- May be required to successfully complete a one-year supervisory probationary period.
- Only experience and education obtained by the closing date of this announcement will be considered.
- Resume and supporting documents (See How To Apply).
- If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, Non-career SES or Presidential Appointee employee in the Executive Branch, you must disclose this information to the Human Resources Office.
- Bargaining Unit Status: Ineligible.
- This is NOT a remote position; you MUST live within or be willing to relocate within a commutable distance of the Washington, DC duty location.
- This position may be required to complete a financial disclosure report. All EL-15 and Executives (LL) are required to complete an annual financial disclosure report.
QualificationsYou may qualify for your desired series and grade level if you meet the following qualification requirements:MINIMUM QUALIFICATIONSMinimum Qualification EL-15: Applicants must have 52 weeks (one-year) of specialized experience equivalent to the next lower grade level as described below.
Experience: I qualify for the EL/GS-15 because I have at least 52 weeks of specialized experience at the EL/GS-14 or equivalent demonstrating work experience with the statements described below.
Examples of specialized experience include:- Working with one or more business units at a major housing financial institution (Fannie Mae, Freddie Mac, US FinTech, Federal Home Loan Banks, or similar), including extensive experience with complex risk-return trade-offs within such business units and an understanding of management concepts, policies, and procedures as applied to the prudent operations of financial institutions.
- Working with capital and secondary mortgage markets.
- Preparing analyses of complex, novel, and unique policy matters related to the regulated entities.
- Planning, scoping, and administering projects of significant complexity and diversity pertaining to the entities regulated by FHFA (Fannie Mae, Freddie Mac, US FinTech, Federal Home Loan Banks) or other large and complex housing finance institutions.
In addition to meeting the above minimum qualification requirements, applicants must also meet one of the following basic requirements for this position:BASIC REQUIREMENTS:To be eligible for the 1160 series, you must meet one of the following requirements:
Basic Entry Requirement for aFinancial Analyst (1160):A. Undergraduate and Graduate Education: Major study finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.
-OR-B. Specialized Experience (for positions above GS-5): Experience such as performing financial analysis and evaluation work requiring a comprehensive knowledge of (1) corporate finance and any specialized fields of finance required such as public finance, securities, international finance, money and securities markets, investments, and banking, and (2) the financial and management structure, operations, and practices of corporate and other organizations.
**Failure to provide your transcripts, when required, for any of the options above will remove you from the hiring process**Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
EducationARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.
GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.
FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html
Additional informationAn
Overview of FHFA's Benefits provides a summary of benefits for the current fiscal year.
This position may be required to complete a financial disclosure report.
If selectee is a current FHFA employee; their benefits remain the same.
Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/RegVer/wfRegistration.aspx).
Career Transition Assistance Programs: These programs apply to Federal employees who have been involuntarily separated or whose positions are surplus. To receive selection priority, you must: (1) meet CTAP/ICTAP eligibility criteria; (2) be rated well-qualified with a score of 90 or above; and (3) submit required documentation. For more information, visit: For more information visit: http://www.opm.gov/rif/employee_guides/career_transition.asp.
Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
BenefitsHelp
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Review our benefits
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.