Senior Vice President - Office of Issuer and Portfolio Management

About the role

The Department of Housing and Urban Development (HUD) is seeking highly qualified individuals who are willing to meet the challenges of public service and support our mission. Our compensation package is comparable to the private sector. And we also offer a broad array of program activities to develop your career, such as: networking and training opportunities.

At HUD, you'll have a once-in-a-lifetime opportunity to gain insight into federal housing policy and community development.

What you will do

• This position is located within the Government National Mortgage Association (Ginnie Mae) reporting to the Office of the President (OOP).
• Ginnie Mae supports the affordable financing of housing in America by providing an efficient government-guaranteed secondary mortgage market that links the global capital markets with mortgage markets across the United States.
• Ginnie Mae is a wholly owned government corporation under the Department of Housing and Urban Development's (HUD) management control.
• The Office of Issuer and Portfolio Management (OIPM) is the front line office managing the relationship between Ginnie Mae and the issuers of its Mortgage-Backed Securities (MBS), custodians, and participation agents who participate in its MBS program.
• Program areas that the incumbent has direct oversight and management include the Single Family, Multifamily, Manufactured Housing and reverse mortgage HMBS programs.
• OIPM oversees the provisioning of issuer management functions and the active participation in the oversight of issuer activity with respect to risk, monitoring, compliance, and enforcement.
• Major Duties: The incumbent works with the President and the Executive Vice President, and the Senior Vice Presidents of the various program offices in Ginnie Mae in utilizing a variety of methods and sources to increase the availability and flow of funds from capital markets into the mortgage market while protecting taxpayer exposure to losses.
• The incumbent will be responsible for implementing and directing strategies in support of all program participant relations, both current and prospective, working in close partnership with the Chief Risk Officer.
• The incumbent (and his/her staff) is responsible for establishing and maintaining strong relationships throughout the management structure of issuers and custodians, overseeing the development of broad-reaching and tailored solutions to support their participation in the MBS program, while also serving the interests of the Ginnie Mae MBS program as a whole.
• The incumbent will also provide leadership and input into the development of policies for the Ginnie Mae MBS program, will direct communications and outreach strategies concerning the same.
• Collaborates with other programs offices within Ginnie Mae to ensure the smooth functioning of the MBS program and the organization in areas of mutual responsibility.
• Specific duties include: Business Voice: Champion strategic initiatives as the key business voice to ensure proper identification and prioritization of business needs and requirements in the policy, technology, and business process areas to move the MBS program forward.
• Work across the enterprise to ensure alignment on priorities to ensure critical business needs are being fulfilled and the Ginnie Mae MBS program remains relevant to the housing finance marketplace.
• Program Development: Collaborate in coordination amongst the Program Development Team on emerging areas for strategic initiatives as well as ensure that current program directives are up to date and enhanced as programmatic needs change and evolve.
• Work collaboratively across the enterprise to ensure that key initiatives are identified and prioritized to meet the needs of the Ginnie Mae programs.
• External Communication: Provide effective communication to participants in the Ginnie Mae MBS program about policy, risk management, and other business initiatives.
• Develop and maintain relationships across the industry to strengthen the Ginnie Mae program.
• Issuer approval: Ensure that applicants for Ginnie Mae approved issuer status are qualified; render decisions about applications; and oversee orientation training and onboarding procedures for newly approved issuers.
• Issuer and custodian support: Serve as the point of contact for issues relating to issuer and custodian participation in the MBS program, such as relating to establishment of activities, purchase of commitment authority, and pooling, delivery, or reporting problems and questions.
• Arrange for the effective representation of participant concerns within Ginnie Mae and be the primary channel for Ginnie Mae engagement with participants.
• MBS program participant monitoring and oversight: Actively participates in the monitoring of issuer and custodian performance in the MBS program and engages in oversight activities that may include communicating corrective actions to participants, including making well documented recommendations for action that may result in heightened preparation for an issuer default or even an immediate event of default and extinguishment.
• Perform other duties as assigned.

Education

This job does / does not have an education qualification requirement.

How you will be evaluated

All applicants must submit a two-page resume (not to exceed two-pages) which reflects demonstrated experience for each ECQ and MTQ.

Failure to submit a two-page resume WILL DISQUALIFY YOU FROM FURTHER CONSIDERATION.

As a result, you will be rated as "INCOMPLETE". Once the application process is complete, a review of your resume and supporting documentation will be conducted. If you meet minimum qualifications, your Application Package will be further reviewed to determine if you possess the Executive Core Qualifications (ECQ) and Technical Qualifications (MTQ) listed above.

ECQs and MTQs must be thoroughly addressed within your two (2) page resume. Separate narratives will not be accepted or reviewed. Applicants will be evaluated on the quality and extent of their total accomplishments, experience, the ECQs, and the MTQs.

Highly Qualified applicants may undergo one or more structured interviews and may be referred to the selecting official for further consideration.

As part of the evaluation process, applicants may be required to participate in additional assessment activities after the vacancy announcement closes, which may include technical evaluations, structured assessments, writing exercises, and/or other job-related evaluation methods.

Upon selection, if not already a member of the SES serving under a career appointment, the individual selected must have his/her executive qualifications certified by the U.S. Office of Personnel Management's SES Qualifications Review Board (QRB) before appointment to this position.

The selected individual's application will be forwarded to the OPM for review and certification by the QRB, unless the selectee provides evidence of their noncompetitive status (i.e., a current SES, OPM QRB certified SESCDP graduate, or SES reinstatement eligible). Upon QRB certification, the selected individual will be required to serve a one-year probationary period.

For more information regarding the SES, go to *** Veterans' preference: Is not applicable to positions in the Senior Executive Service.

You will be evaluated based on how well you meet the qualifications listed in this vacancy announcement and you be may be required to complete additional assessments during the recruitment process.

Your qualifications will be evaluated based on your application materials (e.g., resume, supporting documents), your responses on the application questionnaire, and your responses to all assessments required for this position.

Overstating your qualifications and/or experience in your application materials or application questionnaire may result in your removal from consideration.

Documents you must provide

• **************ALL DOCUMENTS MUST BE UPLOADED IN PDF FORMAT******************* A complete application includes items described below.
• Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible).
• Please carefully review the following list to determine what documentation you need to submit.
• Some documents may not apply to all applicants.
• RESUME: All applicants are required to submit a resume limited to two (2) pages (i.e., 1 page that is double-sided or 2 pages that are one-sided each) showing all relevant experience.
• Applicants seeking initial career appointment to the Senior Executive Service (SES) must include evidence of the ECQs and MTQs.
• Review resume guidance in OPM Guide to Senior Executive Service Qualifications and the Qualifications Review Board.
• VACANCY QUESTION/ASSESSMENT QUESTIONNAIRE RESPONSES: Responses are automatically submitted through USA Jobs when you apply to this vacancy.
• ADDITIONAL REQUIRED DOCUMENTS: Applicants are required to submit the following supporting documentation if applicable: CURRENT OR FORMER SES MEMBERS: Must provide your SES appointment SF-50 (Notification of Personnel Action), and an SF-50 showing current career SES status or career SES reinstatement eligibility.
• SES CANDIDATE DEVELOPMENT PROGRAM (SESCDP) GRADUATES: Verification of successful completion of an OPM-approved SESCDP and OPM SES QRB certification.
• CURRENT FEDERAL CIVIL SERVICE EMPLOYEE: Must provide a copy of your Notification of Personnel Action, Standard Form 50 (SF-50) or equivalent personnel action form reflecting you are a current Federal Civil Service employee.
• CURRENT OR FORMER POLITICAL APPOINTEES: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees.
• If you are currently, or have been within the last five (5) years, a political Schedule A, Schedule C, or Presidential Appointee employee in the Executive Branch (including noncareer SES and Limited Term SES and Limited Emergency SES) OR an assistant position to a political appointee OR an individual serving in a political capacity under agency-specific authority occupying a position excepted from the competitive service by the President/OPM because of the confidential or policy-determining nature of the position duties; you must disclose this information on your resume and to the Human Resources Office.
• Veterans' preference: Is not applicable to positions in the Senior Executive Service.
• REMINDER: Before uploading your required documents, please ensure they are in PDF format and DO NOT EXCEED the noted page limits.
• Please read the entire announcement and all the instructions before you begin an application.
• To apply and be considered for this position, you must complete all required assessments, and required documentation as specified in the How to Apply and Required Documents section.
• The complete application package must be submitted by 11:59 PM (ET) on the closing date of the announcement to receive consideration.

What to expect next

To verify the status of your application, sign in to your USAJOBS account (***), all of your applications will appear on the Welcome screen. The Application Status will appear along with the date your application was last updated. For information on what each Application Status means, visit: ***

Once your online application is submitted you will receive a confirmation notification by email. Your application will be evaluated by the Human Resources Office to determine your eligibility for the position. After the evaluation is complete, you will receive another notification regarding the status of your application.

As part of the evaluation process, applicants may be required to participate in additional assessment activities after the vacancy announcement closes, which may include technical evaluations, structured assessments, writing exercises, and/or other job-related evaluation methods.

To check the status of your application for this position, login to your USAJOBS account, select the "Applications" tab section, and click on the applied vacancies. Please notify us if your contact information changes after the closing date of the announcement.

Also, note that if you provide an email address that is inaccurate or if your mailbox is full or blocked (e.g., spam-blocker), you may not receive important communication that could affect your consideration for this position.

Additional information

The U.S. Department of Housing and Urban Development strives to ensure that the public perceives HUD as a fair and equitable agency that administers its programs in an objective and impartial manner.

As such, HUD is committed to its government ethics program which advises employees on applicable ethics laws and regulations designed to protect the agency against real and apparent conflicts of interest.As a federal employee, you will be subject to the Standards of Ethical Conduct, and the U.S. criminal conflict of interest statutes.

As a HUD employee, you will also be subject to the HUD Supplemental Ethics Regulations which includes restrictions on working in a real estate related business, and having Section 8 tenants, along with other prohibited interests and outside activities and employment.

To review applicable ethics rules, including HUD specific rules, please visit *** Depending on your position, you may also be required to file a Public Financial Disclosure Report (OGE Form 278e) within 30 days of your appointment.

Upon your new appointment, you will receive guidance regarding your ethics obligations. You will also be required to attend a mandatory ethics training within 3 months of your appointment.

If you have any questions or concerns about the ethics requirements, please contact the Ethics and Appeals Division at email address: *** Reasonable Accommodation (RA) Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request a RA in your online application.

Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for RA are made on a case-by-case basis.

If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments, based on your adjudication decision.

You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments if you received the link after the close of the announcement.

To determine if you need a RA, please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments. (***)