Senior Vice President & Chief Risk Officer

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.

Responsibilities

• Reports to the Executive Vice President and is responsible for the risk management strategies of Ginnie Mae's MBS programs and support program offices.
• Directs the planning and execution of major projects, studies, and analyses of corporate risk issues and evaluates housing market conditions.
• Directs the independent assessment of exposure to credit, market, counterparty and operational risk across Ginnie Mae; develops risk policies to which the business areas must comply to avoid business that may be detrimental to Ginnie Mae and/or is outside of acceptable risk boundaries.
• Directs significant resources in establishing policies and standards relating to the comprehensive analysis and oversight of potential, active and dormant issuers (lenders and servicers) of Ginnie Mae's mortgage-backed securities program Ginnie Mae's primary counterparty risk.
• Directs the ongoing management of a suite of econometric models that meet Ginnie Mae's commercial GAAP and FASAB financial reporting and risk analysis needs.
• Undertakes fact-finding missions and recommends procedural and substantive solutions and/or remedial actions to resolve issues.
• Carries out ongoing assignments and special projects that require close personal contact with the Office of the President so as to be able to review, expedite, coordinate, and as required, arbitrate or make high level decisions on his/her behalf.

Requirements

Open to all qualified U.S. citizens. Open to current employees within the Federal civil service. SES reinstatement eligibles and SESCDP graduates may also apply for noncompetitive consideration.

Qualifications

• Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees.
• Executive Core Qualifications (ECQs) and Mandatory Technical Qualifications (MTQs) related to this position.