Senior Vice President - Office of Issuer and Portfolio Management

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. 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 with Ginnie Mae's 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. 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. As a basic requirement for entry into the senior executive service (SES), applicants must provide evidence of progressively responsible executive leadership and supervisory experience that is indicative of senior executive level managerial capability. This experience should be sufficiently broad in scope and at a major management level in a large or complex organization. The ideal candidate will have experience supervising many employees through subordinate supervisors and have experience hiring, developing, and evaluating employees. Typically, experience of this nature is at the GS-15 or equivalent level in the federal service or its equivalent in the private sector. Your application should demonstrate that you possess the knowledge, skills, and abilities to successfully fulfill responsibilities inherent in SES positions such as: Leading the work of an organizational unit Ensuring the success of one or more specific major programs or projects Monitoring progress toward strategic organizational goals, evaluating organizational performance and taking action to improve performance Supervising the work of employees, developing policy and other executive functions If your experience does not include these basic qualifications, you will not be determined qualified for this position. Veterans' preference: Is not applicable to positions in the Senior Executive Service. To meet the minimum qualification requirements for this position, you must show that you possess the Executive Core Qualifications (ECQ) and Mandatory Technical Qualifications (MTQs) related to this position within your resume • NOT TO EXCEED 2 PAGES. Applications received with resumes exceeding the 2-page limit will be disqualified and will not receive further consideration. Your resume should include examples of experience, education, and accomplishments applicable to the qualification(s). If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position. There is NO requirement to prepare narrative statements specifically addressing the Executive Core Qualifications (ECQs) or the Mandatory Technical Qualifications (MTQs). MANDATORY TECHNICAL QUALIFICATIONS (MTQs): Your resume should demonstrate accomplishments that would satisfy these technical qualifications. MTQ 1: Demonstrated experience leading program strategy and stakeholder account management in public/private sector mortgage finance, including the ability to develop and execute strategic initiatives involving credit enhancements and mortgage credit programs. Proven track record of managing complex relationships with mortgage banking institutions, financial services industry partners, and other key stakeholders to achieve program objectives. MTQ 2: Expert-level knowledge of mortgage-backed securities programs, secondary mortgage markets, and federal housing and guaranty programs, with demonstrated experience in negotiation and enforcement of program requirements, compliance standards, and contractual obligations. Skilled in applying corporate risk methodologies and capital markets techniques to inform strategic decision-making, drive accountability among program participants, and resolve disputes or performance issues through formal enforcement actions when necessary. EXECUTIVE CORE QUALIFICATIONS (ECQs): In addition to the Mandatory Technical Qualification (MTQ) requirements listed above, all new entrants into the Senior Executive Service (SES) under a career appointment will be assessed for executive competency against the following five mandatory ECQs. If your two-page resume does not reflect demonstrated evidence of the ECQs and MTQs, you may not receive further consideration for the position. Review ECQ guidance in OPM Guide to Senior Executive Service Qualifications and the Qualifications Review Board. These are the five ECQs and their competencies: ECQ 1 • COMMITMENT TO THE RULE OF LAW AND THE PRINCIPLES OF THE AMERICAN FOUNDING: This core qualification requires a demonstrated knowledge of the American system of government, commitment to uphold Constitution and the rule of law, and commitment to serve the American people. (Competencies: Knowledge of the American System of Government, Commitment to the Rule of Law, Civic-Mindedness). ECQ 2 • DRIVING EFFICIENCY: This core qualification involves the demonstrated ability to strategically and efficiently manage resources, budget effectively, cut wasteful spending, and pursue efficiency through process and technological upgrades. (Competencies: Fiscal Responsibility, Managing Resources, Leveraging Technology). ECQ 3 • MERIT AND COMPETENCE: This core qualification involves the demonstrated knowledge, ability, and technical competence to effectively and reliably produce work that is of exceptional quality. (Competencies: Technical Skill, Problem Solving, Agility and Resilience). ECQ 4 • LEADING PEOPLE: This core qualification involves the demonstrated ability to lead and inspire a group toward meeting the organization's vision, mission, and goals, and to drive a high-performance, high-accountability culture. This includes, when necessary, the ability to lead people through change and to hold individuals accountable. (Competencies: Accountability, Developing Others, Executive Judgement). ECQ 5 • ACHIEVING RESULTS: This core qualification involves the demonstrated ability to achieve both individual and organizational results, and to align results to stated goals from superiors. (Competencies: Operational Mindset, Innovation, Strategic Thinking). Note: If you are a member of the SES or have been certified through successful participation in an OPM approved SES Candidate Development Program (SESCDP), or have SES reinstatement eligibility, you do not need to respond to the ECQs. Instead, you MUST attach proof (e.g., SF-50, Certification by OPM's SES Qualifications Review Board (QRB)) of your eligibility for noncompetitive appointment to the SES. A method to present demonstrated evidence of the ECQs and MTQs is to use the C • C • A • R model (Challenge / Context / Action / Results): 1. Challenge • Describe a specific problem or goal. 2. Context • Talk about the individuals and groups you worked with, and/or the environment in which you worked to tackle a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale). 3. Action • Discuss the specific actions you took to address a challenge. 4. Results • Give specific examples of the results of your actions. These accomplishments demonstrate the quality and effectiveness of your leadership skills. This job does / does not have an education qualification requirement.