Underwriting Analyst

Department Of Housing And Urban Development Fort Worth, TX
* Duties

Help Duties Summary

The Office of Housing provides vital public services through its nationally administered programs. It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, and regulates important parts of the housing industry. The Office of Housing also helps ensure consumers can access housing counseling and provides affordable rental housing through its Multifamily housing program. The Office of Housing is committed to helping all Americans obtain safe, decent affordable housing.

The Office of Multifamily Housing is responsible for the overall management, development, direction and administration of HUD's Multifamily Housing Programs. HUD's Multifamily programs provide mortgage insurance to HUD-approved lenders to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing projects. MFH is widely responsible for production, asset management and portfolio oversight, and recapitalization of assisted properties, and field operations. As part of the National Housing Act of 1934, Congress created the Federal Housing Administration (FHA) which later became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965.

There are three vacancies for this position. These three vacancies may be filled in any of the following locations:

Fort Worth, TX

Kansas City, KS

Learn more about this agency

Responsibilities

The following are the duties of this position at the GS-9. If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.

* Be responsible for screening, financial and quantitative analysis, review of third party technical reports and lender applications for multifamily mortgage insurance submitted under various programs.

* Assist Underwriters in evaluating risk, coordinating processing, managing communications and expectations of lenders, and technical reviews necessary for FHA multifamily production.

* Assist Underwriters in managing the efficient and effective coordination and accomplishment of planning, scoping, development design, construction, supporting the operation of major multifamily insured projects.

* Serve as a technical resource staff person to provide analysis of matters pertaining to statutory and regulatory requirements and other administrative directives.

Travel Required

Not required

Supervisory status

No

Promotion Potential

09

Who May Apply This job is open to… This job is open to:

Current HUD, Office of Housing internal employees or employees currently serving on a Veterans Recruitment Appointment (VRA),

2. CTAP eligibles, or

3. Land Management employees eligible through Public Law 114-47.

Questions? This job is open to 4 groups.

* Job family (Series)

1101 General Business And Industry

* Requirements

Help Requirements Conditions of Employment

* Click "Print Preview" to review the entire announcement before applying.

* Please refer to "Conditions of Employment."

* Must be U.S. Citizens or U.S. Nationals.

* HUD employees who are status eligible: https://www.treasury.gov/careers/Pag

* Position requires the successful completion of a background investigation

The experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.

Qualifications

You must meet the following requirements within 30 days of the closing date of this announcement.

Specialized experience: For the GS-09, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-07 grade level in the Federal service. Specialized experience for this position includes:

* Financial analysis using spreadsheet software (such as Excel) to evaluate data in support of real estate transaction requests, or mortgages;

AND

* Technical analysis related to multi family real estate financing (i.e. site visits, property management turnarounds, environmental assessments, etc.)

OR

Education: You may substitute education for general or specialized experience as follows: Master's or equivalent graduate degree or 2 full years of progressively higher level graduate education leading to such a degree or LL.B. or J.D., if related.

OR

Combination:

You may qualify by a combination of experience and education. Options for qualifying based on a combination will be identified in the online questions.

For the GS-07, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-05 grade level in the Federal service. Specialized experience or General experience for this position includes:

* Technical analysis related to multi family real estate financing (i.e. site visits, property management turnarounds, environmental assessments, etc.)

OR

Education:

You may substitute education for general or specialized experience as follows: One (1) full year of graduate level education OR Superior academic achievement.

OR

Combination:

You may qualify by a combination of experience and education. Options for qualifying based on a combination will be identified in the online questions.

Time-in-Grade:

In addition to the above requirements, you must meet the following time-in-grade requirement, if applicable:

For the GS-09, you must have been at the GS-07 level for 52 weeks.

For the GS-07, you must have been at the GS-05 level for 52 weeks.

Time After Competitive Appointment:

Candidates who are current Federal employees serving on a non-temporary competitive appointment must have served at least three months in that appointment.

Education

Education Requirements:

The education generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education.

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