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The employee will serve as an Examiner (Office of Credit Risk) with the Division of Bank Regulation, Office of Credit Risk. Working with senior team members or a Supervisory Examiner, the employee is responsible for assisting with examinations and ongoing monitoring of FHLBanks' credit activities, with a primary focus on FHLBank secured credit programs, acquired member asset programs, investment activities and unsecured credit exposures, to identify and assess emerging and embedded risks.
Learn more about this agency12/23/2024 to 01/16/2025
$92,948 - $158,006 per year
This range reflects the EL-11 in Washington, DC. Candidate's pay range is based on FHFA's geographical salary structure for current duty station.
EL 11
No
Yes—as determined by the agency policy.
50% or less - You are expected to travel for this position.
No
Permanent
Full-time
Competitive
14
No
No
Yes - You must complete a Financial Disclosure report.
Yes - The union that represents employees in this position is the National Treasury Employees Union (NTEU) Chapter 343.
DBR-25-03
825489000
Current or former competitive service federal employees.
Federal employees who meet the definition of a "surplus" or "displaced" employee.
Individuals eligible under a special authority not listed above, but defined in the federal hiring regulations.
Status Candidates (Merit Promotion and VEOA Eligibles) and those eligible for other hiring authorities.
Office of Credit Risk (OCR)
OCR principally surveils, monitors, supervises, and examines the FHLBanks' credit risks, providing specialized credit expertise to the supervision framework, including expertise in the areas of credit risk management, credit underwriting, financial analysis, collateral management, credit modeling, mortgage acquisition programs, and research. OCR leads or participates in the examination of credit risk, including targeted assessments and horizontal reviews.
Position Overview
The incumbent will serve as a member of a project team led by higher grade examiners or subject matter experts. Areas of examination include complex and/or controversial issues on FHLBank secured and unsecured credit activities and other supervision matters that may have broad implications. Assists in analyzing the implications and impact of current and proposed supervision policies, programs, and practices. Incumbent may examine other component areas as assigned.
Major Duties & Responsibilities
Under the direction and subject to review of a higher-grade examiner, the incumbent primarily assists in regulatory safety and soundness examinations (including targeted assessments and horizontal reviews) and on-going monitoring and supervision of FHLBank secured and unsecured credit risks. Provides support to subject matter experts and examination teams.
Gathers, analyzes, evaluates, and examines less complex financial information, market data, FHLBank records, policies, procedures, practices, and financial products and services, factoring relevant information to:
Undergraduate and Graduate Education: Major study -- accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position. For Bank Examiner positions with the Federal Deposit Insurance Corporation (FDIC), this education must have included at least 24 semester hours in business administration, accounting, finance, marketing, economics, mathematics, or statistics with at least 6 semester hours in accounting.
-OR-
Specialized Experience (for positions above GS-5): Examples of qualifying specialized experience include:
ARE 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
Selectees generally must reside within 50 miles of a major airport. Major airports include those that the FAA designates as a Large Hub (L) airport (see https://www.faa.gov/sites/faa.gov/files/2024-06/cy23-commercial-service-enplanements-preliminary.pdf) and have routes to the locations of the eleven Federal Home Loan Banks and the Office of Finance that are efficient based on flight times and costs.
An Overview of FHFA's Benefits for Fiscal Year 2024-2025 provides a summary of benefits for the current fiscal year.
If you are a veteran with preference eligibility and are claiming 5-points veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility. If you are claiming 10-point veterans' preference, you must also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the proof required by that form. For more information on veterans' preference visit: https://www.usajobs.gov/Veterans.
FHFA may select from this announcement or any other source to fill vacancies.
Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: (1) meet CTAP or ICTAP eligibility criteria; (2) be rated well-qualified for the position and, (3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. For more information visit: http://www.opm.gov/rif/employee_guides/career_transition.asp.
FHFA is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment regardless of race, color, religion, gender (including pregnancy, sexual orientation, and gender identity), national origin, disability (physical or mental), age (40 years of age or over), genetic information, parental status, marital status, prior protected EEO activity, political affiliation, or other non-merit factors.
REASONABLE ACCOMODATION:FHFA provides reasonable accommodations to applicants with disabilities, except when doing so would pose an undue hardship on the Agency. If you need a reasonable accommodation for any part of the application and hiring process, please notify FHFA. The Agency's decision on granting a reasonable accommodation will be made on a case-by-case basis.
You will be evaluated for this job based on how well you meet the qualifications above.
You will be evaluated for this job based on how well you meet the qualifications above.
**This announcement is opened until January 16, 2025. The initial cut-off date for referral of eligible applications will be January 6, 2025. The Hiring Official will receive a list of qualified candidates who applied by January 6, 2025. If all vacancies have not been filled, the Hiring Official will receive a list of qualified candidates who applied after January 6, 2025 through the announcement closing date of January 16, 2025.
Applicants are encouraged to apply early in order to maximize their employment opportunities. Eligible applications received after 01/06/2025 will be referred after the close of the announcement. Final application disposition will be completed once the position has been filled or the announcement reaches the end of the open period.
You will be rated based on your responses to the job specific competencies documented within the questionnaire and assigned a score ranging from 70 to100 points. The top ten candidates, and those tied for the tenth spot, will be referred for selection. All qualified non-competitive applicants will be referred.
Competencies:
FHFA's application process has been specifically developed to ensure that we only ask you for the information we absolutely need to evaluate your qualifications and eligibility. All applicants are required to submit the following supportive documents:
1. Your Resume: If you have not written a federal resume before, you may want to watch this Resume Writing Tutorial video on the USAJOBS YouTube channel, or read through a helpful Resume Writing FAQ on the USAJOBS Help Site to learn what details you should, and should not, include in your resume. A CV (curriculum vitae) may not contain enough information to meet these resume requirements.
2. SF 50's are required with the exception of current FHFA employees. Please include an SF-50 that shows your tenure (1 or 2 in Block 24) and competitive status (1 in Block 34). You will not be considered without this. The SF 50 should show highest grade held on a permanent basis in the competitive service. You must provide an SF-50 that indicates your competitive eligibility.
3. Required, if applicable: This position requires a minimum level of education or a combination of education and experience. Please submit your transcripts (official or unofficial) along with your application if you choose an option that requires transcripts. Failure to provide transcripts, when required, will result in removal from the hiring process. Note: If you are selected for a position, an official transcript will be required before onboarding.
4. Required, if applicable: CTAP/ICTAP documentation (a copy of a separation notice or other proof of eligibility for priority selection; a copy of an SF-50, Notification of Personnel Action, showing current position, grade, promotion potential, and duty location; AND a copy of your most recent performance appraisal.)
5. Required, if applicable: Veteran's Preference Documentation (DD-214, Member Copy 4 or other documentation containing dates of service and character of discharge. Disabled veterans and other applicants eligible for 10-point Veteran's Preference please include: documentation to validate your claim - VA letter, SF-15, etc.).
6. Other Supporting Documents:
Failure to submit any of the above-mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section below.
A complete application package must be submitted by the initial cutoff date of 11:59 PM (EST) on January 6, 2025 to ensure consideration. If all vacancies have not been filled, applications received by the announcement closing date of 01/16/2025 may receive consideration.
To update your application, including supporting documentation: During the announcement open period, return to your USAJOBS account, find your application record, and click Edit my application. This option will no longer be available once the announcement has closed.
To view the announcement status or your application status: Click on this: https://www.usajobs.gov/Help/how-to/application/status/. Your application status page is where you can view your application status, and review your notifications sent by the hiring agency regarding your application.
If you are unable to apply online, you must request an alternative application which is available from the Human Resources Office. Please contact Andrea Engler Lepage at andrea.lepage@fhfa.gov or 000-000-0000 to obtain an alternative application.
After receiving all application packages, we will review your materials to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided in their resume and the completed Occupational Questionnaire. Applicants deemed best qualified may be contacted for an interview. We anticipate making a final job offer for this position within 45 days after the application deadline. All candidates will be notified of the final disposition.
Should additional vacancies become available within three months from the opening date of this announcement, eligible applicants for this position may be referred for consideration for the additional position(s).
FHFA may select from this announcement or any other source to fill one or more vacancies. This announcement may be used to fill like positions in other organizations within the Federal Housing Finance Agency. Applying to this announcement certifies that you give permission for FHFA to share your application with others in FHFA for similar positions.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/825489000. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
The Federal Housing Finance Agency's mission is to ensure that the regulated entities operate in a safe and sound manner so that they serve as a reliable source of liquidity and funding for housing finance and community investment.
FHFA's work environment fosters a diverse and inclusive culture where all employees are valued. We recognize the commitment of our workforce and model behaviors that demonstrate the Agency's values of Fairness, Accountability, Integrity, and Respect. Come join FHFA and help in achieving our mission!
Division of FHLBank Regulation (DBR)
The Division of FHLBank Regulation (DBR) is responsible for carrying out the FHFA's statutory duties for ensuring that: 1) the Federal Home Loan Banks (FHLBanks) operate safely and soundly, and 2) the FHLBanks remain adequately capitalized. These functions are performed through on-site examinations and off-site monitoring of the FHLBanks and the OF. DBR also is responsible for policy and regulatory analysis, formulating and planning strategic goals, and conducting and evaluating long-range projects and proposals for all agency programs relating to the FHFA's supervision and oversight of the FHLBank System.
