Ginnie Mae

Program Development Specialist

Ginnie Mae Washington, DC

IMPORTANT NOTE:


Please refer to the included URL, to apply for this position in USAJobs.com.


https://www.usajobs.gov/GetJob/ViewDetails/798129300


Comment


This opportunity is also open to Status eligible under Announcement 24-HUD-1771. Please refer to that announcement for details on open period, eligibility, and how to apply.


Summary


The position is located in the Department of Housing and Urban Development (HUD), Government National Mortgage Association (GNMA), Office of the President (OOTP) HUD is seeking highly qualified individuals who are willing to meet the challenges of public service and support our mission. We offer salaries comparable to the private sector service and a generous benefits package. We also offer a broad array of program activities to develop your career, such as: networking and training opportunities. At Housing and Urban Development, you'll have a once-in-a-lifetime opportunity to gain insight into housing policy and community development. Also, you can explore new career avenues and most of all, acquire lifelong skills as you represent the federal government. The GNMA or Ginnie Mae is the primary financing mechanism for all government-insured or government mortgage loans.


Overview


  • Opening and closing dates 07/02/2024 to 07/17/2024
  • •Service: Competitive
  • •Pay scale & grade: GS-12/13
  • •Appointment type: Permanent/Competitive
  • •Work schedule: Full-Time


Location


1 vacancies in the following location:

  • Washington, DC


Relocation expenses reimbursed: No

Telework eligible: Yes as determined by agency policy


Responsibilities


As a Program Development Specialist, you will:


  • Support the program training activities of the Office by ensuring that the regimen of training services is thorough, accurate, and appropriately targeted, and that it is modified and updated as current circumstances require.
  • Develop new ways to increase the public's understanding of the Ginnie Mae program and policies or opposition or indifference to program objectives.
  • Serve as a backup, or alternate, to the Program Development Manager, in coordinating Ginnie Mae's relationships with its insuring agency partners, and other industry participants whose activities can affect policy and the Ginnie Mae MBS program.
  • Making recommendations as to which items need to be brought to the PDT for further action such as policy recommendations regarding outreach and training approach to more effectively educate mortgage issuers.


Qualifications


You must meet the following requirements by the closing date of this announcement.


Specialized Experience:


For the GS-13, you must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized experience for this position includes:


  • Providing guidance and analysis relating to residential finance; AND
  • Analyzing policies and regulations pertaining to residential finance; AND
  • Recommending policy positions and drafting policy documents, such as program guidance, position statements, and white papers; AND
  • Coordinating with stakeholders and recommending solutions to program issues.


For the GS-12, you must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service. Specialized experience for this position includes:


  • Providing financial markets-related guidance and analysis relating to an agency or organization's programs; AND
  • Drafting materials to summarize or explain policy and regulations.


About Us


At Ginnie Mae, we help make housing a reality for millions of households across America and veterans by channeling global capital into the nation's housing markets. Specifically, the Ginnie Mae guaranty allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market. The lenders can then use the proceeds to make new mortgage loans available. Ginnie Mae does not buy or sell loans or issue mortgage-backed securities (MBS). Therefore, Ginnie Mae's balance sheet doesn't use derivatives to hedge or carry long term debt. What Ginnie Mae does is guarantee investors the timely payment of principal and interest on MBS backed by federally insured or guaranteed loans — mainly loans insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA). Other guarantors or issuers of loans eligible as collateral for Ginnie Mae MBS include the Department of Agriculture's Rural Development (RD) and the Department of Housing and Urban Development's Office of Public and Indian Housing (PIH). Ginnie Mae securities are the only MBS to carry the full faith and credit guaranty of the United States government, which means that even in difficult times, an investment in Ginnie Mae MBS is one of the safest an investor can make.

  • Seniority level

    Mid-Senior level
  • Employment type

    Full-time
  • Job function

    Administrative
  • Industries

    Financial Services

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