Senior Business Analyst

IMPORTANT NOTE

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

https://www.usajobs.gov/GetJob/ViewDetails/785196400

Comment

This opportunity is also open to Status eligible under Announcement 24-HUD-1164 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 Securities Operations (OSO) within the Government National Mortgage Association (Ginnie Mae). 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 04/05/2024 to 04/19/2024Service: CompetitivePay scale & grade: GS-14Appointment type: Permanent - Full-timeWork schedule: Full-Time - Career/Career Conditional

Location

4 vacancies in the following location:Washington, DC

Relocation expenses reimbursed: NoTelework eligible: Yes as determined by agency policy

Responsibilities

As an Senior Business Analyst, you will

Compile and analyze data obtained from Ginnie Mae's systems and external sources and organize and present in a manner that is consistent and relevant across the spectrum on internal and external consumers of the data.Provide guidance and analysis relating to residential finance.Design, document, develop, modify, test, and support new or existing Ginnie Mae software applications; and prepare the integration of sponsor customer requirements of projects, IT budgets, and schedules, assuring that Ginnie Mae's commitments to the sponsor customer are met.Interact with contractors consistent with the framework set forth in the Federal Acquisition Regulations (FAR).

Qualifications

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

Specialized Experience

For the GS-14, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the Federal service. Specialized experience for this position includes:

Working with mortgage backed securities including mortgage origination, servicing, loan securitization, and the secondary mortgage market; ANDConducting business analyses to identify alternative approaches to implementing new programs, products, and identifying enhancements to existing business processes; ANDPreparing recommendations to senior management as to best implementation approach.

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.