Policy Analyst

Join OHRP as a Policy Analyst! Contribute to key policy development and implementation while offering your expertise. Ensure operations align with established policies and standards. Analyze monthly Enterprise data to monitor and provide insights, making essential policy recommendations. This position is perfect for someone eager to impact policy through keen analysis and effective communication.

Office of Housing and Regulatory Policy
The Office of Housing and Regulatory Policy (OHRP), part of the Division of Housing Mission and Goals, is responsible for analyzing and developing housing and regulatory policy for Fannie Mae and Freddie Mac (the Enterprises), as set forth in their statutory missions and Congressional charters.

Single-Family Origination and Selling Team
The policy analyst on this team evaluates and provides ongoing policy analysis across several dimensions, including secondary market loan delivery, operations, and data; underwriting and collateral standards; programs and products; and quality control. The policy analyst participates in broad policy discussions related to access and the availability of mortgage credit and mortgage data standardization. In the course of these discussions, the policy analyst utilizes knowledge of selling representations and warranties.

Single-Family Servicing and REO Team
The policy analyst on this team evaluates and provides ongoing policy analysis across several dimensions including performing loan management and default management; servicing operations and transfers; and real estate owned (REO) and nonperforming loans (NPL) asset management and disposition. The policy analyst participates in broad policy discussions related to loss mitigation; foreclosure prevention; and neighborhood stabilization, and counterparty eligibility. Additionally, the policy analyst evaluates and provides ongoing policy and regulatory analysis related to the Enterprises' counterparty risk management for mortgage sellers and servicers, mortgage insurers, and other third parties.

Major Duties & Responsibilities

The Policy Analyst duties listed below are at the EL-12 level. Depending on the grade level selected, the incumbent will perform the following duties with varying levels of supervision and difficulty:

Provides key support in monitoring, advising, and developing policies and guidance related to the Enterprises' public purposes; especially, but not limited to their regulatory and statutory requirements.

Participates in establishing policies and regulations, as required by the Enterprises' charters to support the mortgage market.

Works with the Enterprises on the development of future collateral policy, including appraisal modernization and technology adoption. Collaborates with the Enterprises on the development of appraisal best practices.

Collaborates with housing finance experts, groups, and stakeholders through meetings, conferences, symposiums, and forums to support policy development for the Enterprises. Participates in office activities and monitors and provides technical and policy knowledge regarding, but not limited to the Enterprises' programs, products, business strategies and operations.

Assists with outreach activities to inform, consult, and advise Congress, Federal agencies, mortgage industry participants and related trade associations, community advocacy organizations, and the general public regarding the Enterprises' housing finance activities and programs.

Participates in outreach activities to housing finance experts, groups, and stakeholders through meetings, conferences, symposiums, and forums to support policy development for the Enterprises.

Works on 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. Maintains sufficient documentation to verify any analysis included in the materials and to reproduce the analysis, if required.

Contributes to the design and implementation of effective housing finance regulations, policies, procedures, and guidelines. Implements strategies to monitor policy effectiveness, including the development of management reports and dashboards, and identifies necessary program modifications based on knowledge or experiences with the programs and recommends changes to policies as appropriate to ensure continued effectiveness of the Enterprises' programs.

Monitors the Enterprises' single-family housing finance policies and programs relative to certain policy-related directives. Analyzes/determines any deficiencies and recommends appropriate modifications or policy enhancements.

Contributes to resolution of written and telephonic inquiries regarding housing finance programmatic and policy issues.

Assesses developments in housing finance by monitoring real estate finance and marketing activities, affordable housing trends, and pertinent legislative developments. Applies information gathered in daily work assignments as input for program modifications, as appropriate.

Ensures the timely development, production, and accuracy of management reports on the housing finance activities of the Enterprises, as appropriate.

You may qualify for your desired series and grade level if you meet the following qualification requirements:

MINIMUM QUALIFICATIONS:

Minimum Qualification EL-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.

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: (1) Assisted in gathering and analyzing data to support housing finance policy decisions; (2) Participated in analysis and monitoring of a financial institution; (3) Assisted in compiling policy monitoring reports using Tableau/Excel; (4) Experience researching and compiling data. -OR-

B. Education: 1 full year of graduate level education from an accredited college or university in finance, business administration, economics, public policy, urban planning, or other fields directly related to the position. -OR-

C. Superior Academic Achievement (S.A.A.): a bachelor's degree, in the fields listed above, with 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 more than the amount required for the next lower grade level. One academic year of graduate education is 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 Qualification EL-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.

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: (1) Assisted in gathering and analyzing data to support housing finance policy decisions; (2) Participated in analysis and monitoring of a financial institution; (3) Assisted in compiling policy monitoring reports using Tableau/Excel; (4) Experience researching and compiling data. -OR-

B. Education: Completion of two (2) academic years of graduate-level education, or a master's degree or equivalent graduate degree from an accredited college of university in finance, business administration, economics, public policy, urban planning, or other fields directly related to the position. -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 more than the amount required for the next lower grade level. One academic year of graduate education is 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.