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Senior Vice President - Office of Issuer and Portfolio Management

Government National Mortgage Association (Ginnie Mae) · Alexandria, Virginia, United States

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Summary 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. Duties 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. Qualifications 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

Apply: Senior Vice President - Office of Issuer and Portfolio Management at Government National Mortgage Association (Ginnie Mae)