Financial Analyst (Fellow)

The Financial Analyst within OCAP participates in research and provides analysis of financial developments within regulated entities to evaluate compliance, perform quality assurance, and/or plan to ensure safety and soundness of the regulated entities.

The incumbent will be in the Housing Finance Fellow Program with the initial Term Appointment not-to-exceed 2-years. At the end of the appointment, the Fellow may be eligible to convert to a permanent position in the competitive service.

The Office of Capital Policy is responsible for developing regulatory capital policy for Fannie Mae and Freddie Mac, providing oversight of regulatory capital processes such as Dodd-Frank Act Stress Tests (DFAST), providing oversight of capital and liquidity standards for the Enterprises' primary mortgage insurer and seller/servicer counterparties, developing and maintaining mortgage credit models, and monitoring the business activity, financial performance, and risk exposure of the Enterprises to support regulatory capital policy. The Office of Capital Policy also provides quantitative analytical support for FHFA decisions on housing finance policy and assessments of the safety and soundness of the regulated entities.

Major Responsibilities

Incumbent selected will perform the following duties:

• Serves as a Financial Analysts and will assist in the analysis and resolution of financial issues that affect the housing GSEs within his/her portfolio.
• Assists in data validation activities including: reconciling loan-level data to published reports; developing and executing database queries to evaluate data quality; developing reports and maintaining webpages communicating data validation results and; documenting data quality issues and communicating those issues to the Enterprises.
• Participates in financial research and analysis projects that support evaluation, monitoring, and performance of housing GSEs within the incumbent's profile.
• Collaborates with senior financial analysts on teams and projects to support the regulation of the housing GSEs.
• Assists in the analysis of financial performance by participating in the analysis of monthly and quarterly financial reports.
• Keeps current on events and developments for GSEs and assess the effect of financial, housing, operational, and mortgage market developments.
• Assist in compiling policy monitoring reports using Tableau/Excel.
• Assist with monitoring, as well as developing policies and guidance related to the Enterprises'.
• Assists with special projects and helps coordinate within the FHFA and/or with the Enterprises, as appropriate.
• Develops presentation materials for such projects and is responsible for the accuracy of presentation materials.
• Performs other duties as assigned.

You may qualify for your desired series and grade level if you meet the following qualification requirements. Note: Degree's conferred/awarded in the past 12 months will receive priority consideration.

BASIC REQUIREMENTS:

A. Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.

-OR-

B. Specialized Experience (for positions above GS-5): Experience such as performing financial analysis and evaluation work requiring a comprehensive knowledge of (1) corporate finance and any specialized fields of finance required such as public finance, securities, international finance, money and securities markets, investments, and banking, and (2) the financial and management structure, operations, and practices of corporate and other organizations.

In addition to meeting the above basic education or education and experience requirements, applicants must also meet the following minimum qualifications for their desired grade level:

Minimum Qualifications EL/GS-07: Applicants must have 52 weeks (one-year) of specialized experience equivalent to the next lower grade level and/or directly related education as described below. From the description below, if you choose options "B", "C" or "D" you must provide transcripts with your application. Note: To qualify using specialized experience applicants must demonstrate in their resume at least 2 of the 4 below.

A. Experience: I qualify for the EL/GS-07 because I have at least 52 weeks of specialized experience at the EL/GS-05 or equivalent demonstrating work experience with one or more of the following:

• Assisted in gathering and analyzing data to support housing finance policy decision.
• Participated in analysis and monitoring of a financial institution.
• Assisted in compiling policy monitoring reports using Tableau/Excel.
• Experience researching and compiling data.

-OR-

B. Education Substitute: 1 full year of graduate level education in finance, business administration, economics, public policy, or related field.

-OR-

C. Superior Academic Achievement (S.A.A.): a bachelor's degree curriculum directly related to the work of the position. To qualify for superior academic achievement, you must have ONE of the following: (1) standing in the upper third of your college class or major subdivision at the time you apply; (2) grade point average of B (3.0 on a 4.0 scale) or B+ (3.5 on a 4.0 scale) or its equivalent for all courses completed, either (a) at the time of application or (b) during the last 2 years of your undergraduate curriculum; (3) election to membership in one of the national honorary scholastic societies that meets the requirements of the Association of College Honor Society. Note: Grade-point averages are to be rounded to one decimal place. For example, 2.95 will round to 3.0 and 2.94 will round to 2.9.

-OR-

D. Combination of education and experience: as described above in options "A" and "B". Note: Less than one year of specialized experience may be combined with graduate education in excess of the amount required for the next lower grade level. One academic year of graduate education is considered to be the number of credits hours determined to represent one academic year of full-time study (i.e.,18 semester hours (or 27 quarter hours).

Minimum Qualifications EL/GS-09: Applicants must have 52 weeks (one-year) of specialized experience equivalent to the next lower grade level and/or directly related education as described below. From the description below, if you choose options "B" or "C" you must provide transcripts with your application. Note: To qualify using specialized experience applicants must demonstrate in their resume at least 2 of the 4 below.

A. Experience: I qualify for the EL/GS-09 because I have at least 52 weeks of specialized experience at the EL/GS-07 or equivalent demonstrating work experience with one or more of the following:

• Assisted in gathering and analyzing data to support housing finance policy decision.
• Participated in analysis and monitoring of a financial institution.
• Assisted in compiling policy monitoring reports using Tableau/Excel.
• Experience researching and compiling data.

-OR-

B. Education Substitute: Graduate Degree in finance, business administration, economics, public policy, or related field.

-OR-

C. Combination of education and experience: as described above in options "A" and "B". Note: Less than one year of specialized experience may be combined with graduate education in excess of the amount required for the next lower grade level. One academic year of graduate education is considered to be the number of credits hours determined to represent one academic year of full-time study (i.e.,18 semester hours (or 27 quarter hours).

**Failure to provide your transcripts, when required, for any of the options above will remove you from the hiring process.**

Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.