Senior Vice President - Office of Capital Markets
- Full Time, onsite
- Government National Mortgage Association (Ginnie Mae)
- Washington, United States of America
- Advises and assists Ginnie Mae's President and Executive Vice President on policy and product development, management of business risks, and corporate planning as it relates to the capital markets.
- Provides supervision and policy guidance in the management of all aspects of the REMIC and other multiclass securities programs; conducts and coordinates the procedures for approving sponsors for multiclass securities. These activities include ensuring that prospective sponsors meet established criteria and standards for entering as well as remaining in the multiclass programs; providing current and prospective sponsors with technical advice and counsel; and the review and execution of instruments and documents
necessary for issuance of securities. - Directs, conducts and evaluates analyses relevant to Ginnie Mae's securities programs. As such the incumbent manages assessments of the impact of existing and proposed Ginnie Mae securities in the capital market for the purpose of developing and
implementing changes to existing securities and policies. As necessary, the incumbent will employ contractors to aid in the conduct of these analyses and manage the deliverables of the contracts. - Manages and provides policy guidance to contractors that perform the review and analysis of monthly reports on capital market program activity.
- Develops and monitors long-range strategic plans and annual business plans for the Ginnie Mae multiclass program, including input to the development of budgets and tracking progress in achieving corporate goals and milestones.
- Cooperates with other offices in Ginnie Mae to ensure the continued viability of the Mortgage-Backed Securities and Multiclass Securities programs, each identified as a National Essential Function.
- Develops and recommends adoption of systems to monitor and evaluate performance of the mortgage-backed securities and the Multiclass programs to ensure that the programs support Ginnie Mae's mission.
- Directs and coordinates the conceptualization and development of new products including the identification of budget and resource implications.
- Coordinates MBS and multiclass product development with the Office of Program
Operations, broker/dealers, investors and other participants, including market research
and product marketing. - Directs and manages the collection of summary data of all multiclass transactions to
satisfy annual reporting requirements to the Congress. - As assigned, attends meetings with and/or represents the President of Ginnie Mae and maintains liaison with key officials and executives of the housing and housing finance industries, investment community, housing advocacy groups, members of Congress, and
other departments and agencies of the Federal Government, in matters relating to the development of programs and policies. - Perform other duties as assigned.
Requirements
Conditions of Employment
- U.S. Citizenship is required.
- Ability to complete personnel security vetting (e.g., investigation, evaluation, and adjudication).
- A one-year probationary period is required, if not previously completed.
- Males must be registered with the Selective Service System. Visit www.sss.gov
- Will be required to submit a Public Financial Disclosure Report (OGE Form 278e).
- Will be required by PL 104-134 to have federal payments made by direct deposit.
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, Noncareer SES or Presidential Appointee employee in the Executive Branch, you must disclose this information on your resume and to the Human Resources Office.
As a basic requirement for entry into the 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.
YOU MUST FULLY ADDRESS EACH MTQ AND ECQ TO BE RATED FOR FURTHER CONSIDERATION.
Current or former career SES employees, or OPM/QRB Candidate Development Program (CDP) candidates are not required to address the ECQs, but MUST fully address the MTQs.
In addition to the qualifying experience, applicants must possess the following technical qualifications that represent the knowledge, skills, and abilities essential to perform the duties and responsibilities of the position.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): All applicants must submit a written narrative addressing each MTQ separately, not to exceed one (1) page per MTQ. You must fully address each MTQ to be rated for further consideration.
MTQ 1 - Knowledge of principles, concepts, and methodologies surrounding both single and multiclass securities transactions.
MTQ 2 - Knowledge of market factors which affect securities structures, pricing and trend techniques and tools which enhance opportunities.
MTQ 3 - Knowledge of Mortgage-Backed Securities programs, secondary mortgage markets, and US Government housing guaranty programs.
EXECUTIVE CORE QUALIFICATIONS (ECQs): All applicants must submit a written narrative addressing each ECQ, not to exceed two (2) pages per ECQ for a total of no more than 10 pages. You must fully address each ECQ to be rated for further consideration. Current or former career SES employees, or OPM/QRB Candidate Development Program (CDP) candidates are not required to address the ECQs.
Introduction: The Office of Personnel Management (OPM) has identified five Executive Core Qualifications (ECQs). The ECQs were designed to assess executive experience and potential - not technical expertise. They measure whether an individual has the broad executive skills needed to succeed in a variety of SES positions - not whether they are the most superior candidates for a particular position. Successful competence in the SES requires competence in each ECQ. Candidates must demonstrate executive experience in all five (5) ECQs. Your application should reflect an overall record of the knowledge, skills and abilities necessary to succeed in the SES.
Examples of good qualifications statements and the use of the C-C-A-R model (Challenge/Context/Action/Results), the preferred method of writing your ECQs, is provided in OPM's .
Format: For each of the five ECQs, provide two examples of your qualifications using the four C-C-A-R elements.
1. Challenge - Describe a specific problem or goal.
2. Context - Talk about the individuals and groups you worked with, and/or the environment in which you worked to tackle a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale).
3. Action - Discuss the specific actions you took to address a challenge.
4. Results - Give specific examples of the results of your actions. These accomplishments demonstrate the quality and effectiveness of your leadership skills.
NOTE: Your responses to the five ECQs must describe the context and the results of your achievements in lay terminology, free of jargon and excessive reliance on acronyms.
ECQ 1 - LEADING CHANGE - This core qualification involves the ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment. (Competencies: creativity and innovation, external awareness, flexibility, strategic thinking and vision).
ECQ 2 - LEADING PEOPLE - This core qualification involves the ability to lead people toward meeting the organization's vision, mission, and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. (Competencies: conflict management, leveraging diversity, developing others and team building).
ECQ 3 - RESULTS DRIVEN - This core qualification involves the ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. (Competencies: accountability, customer service, decisiveness, entrepreneurship, problem solving and technical credibility).
ECQ 4 - BUSINESS ACUMEN - This core qualification involves the ability to manage human, financial, and information resources strategically. (Competencies: financial management, human capital management and technology management).
ECQ 5 - BUILDING COALITIONS - This core qualification involves the ability to build coalitions internally and with other Federal agencies, State and Local governments, nonprofit and private-sector organizations, foreign governments, or international organizations to achieve common goals. (Competencies: partnering, political savvy and influencing/negotiating).
Detailed information on the Executive Core Qualifications is available
Should you require additional guidance in writing your ECQs, please click below:
Education
This job does not have an education qualification requirement.
Additional information
The U.S. Department of Housing and Urban Development strives to ensure that the public perceives HUD as a fair and equitable agency that administers its programs in an objective and impartial manner. As such, HUD is committed to its government ethics program which advises employees on applicable ethics laws and regulations designed to protect the agency against real and apparent conflicts of interest.As a federal employee, you will be subject to the Standards of Ethical Conduct, and the U.S. criminal conflict of interest statutes. As a HUD employee, you will also be subject to the HUD Supplemental Ethics Regulations which includes restrictions on working in a real estate related business, and having Section 8 tenants, along with other prohibited interests and outside activities and employment. To review applicable ethics rules, including HUD specific rules, please visit .
Depending on your position, you may also be required to file a Public Financial Disclosure Report () within 30 days of your appointment. Upon your new appointment, you will receive guidance regarding your ethics obligations. You will also be required to attend a mandatory ethics training within 3 months of your appointment. If you have any questions or concerns about the ethics requirements, please contact the Ethics and Appeals Division at email address:
- Benefits
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. .
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
Conditions of Employment
- U.S. Citizenship is required.
- Ability to complete personnel security vetting (e.g., investigation, evaluation, and adjudication).
- A one-year probationary period is required, if not previously completed.
- Males must be registered with the Selective Service System. Visit www.sss.gov
- Will be required to submit a Public Financial Disclosure Report (OGE Form 278e).
- Will be required by PL 104-134 to have federal payments made by direct deposit.
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, Noncareer SES or Presidential Appointee employee in the Executive Branch, you must disclose this information on your resume and to the Human Resources Office.
As a basic requirement for entry into the 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.
YOU MUST FULLY ADDRESS EACH MTQ AND ECQ TO BE RATED FOR FURTHER CONSIDERATION.
Current or former career SES employees, or OPM/QRB Candidate Development Program (CDP) candidates are not required to address the ECQs, but MUST fully address the MTQs.
In addition to the qualifying experience, applicants must possess the following technical qualifications that represent the knowledge, skills, and abilities essential to perform the duties and responsibilities of the position.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): All applicants must submit a written narrative addressing each MTQ separately, not to exceed one (1) page per MTQ. You must fully address each MTQ to be rated for further consideration.
MTQ 1 - Knowledge of principles, concepts, and methodologies surrounding both single and multiclass securities transactions.
MTQ 2 - Knowledge of market factors which affect securities structures, pricing and trend techniques and tools which enhance opportunities.
MTQ 3 - Knowledge of Mortgage-Backed Securities programs, secondary mortgage markets, and US Government housing guaranty programs.
EXECUTIVE CORE QUALIFICATIONS (ECQs): All applicants must submit a written narrative addressing each ECQ, not to exceed two (2) pages per ECQ for a total of no more than 10 pages. You must fully address each ECQ to be rated for further consideration. Current or former career SES employees, or OPM/QRB Candidate Development Program (CDP) candidates are not required to address the ECQs.
Introduction: The Office of Personnel Management (OPM) has identified five Executive Core Qualifications (ECQs). The ECQs were designed to assess executive experience and potential - not technical expertise. They measure whether an individual has the broad executive skills needed to succeed in a variety of SES positions - not whether they are the most superior candidates for a particular position. Successful competence in the SES requires competence in each ECQ. Candidates must demonstrate executive experience in all five (5) ECQs. Your application should reflect an overall record of the knowledge, skills and abilities necessary to succeed in the SES.
Examples of good qualifications statements and the use of the C-C-A-R model (Challenge/Context/Action/Results), the preferred method of writing your ECQs, is provided in OPM's .
Format: For each of the five ECQs, provide two examples of your qualifications using the four C-C-A-R elements.
1. Challenge - Describe a specific problem or goal.
2. Context - Talk about the individuals and groups you worked with, and/or the environment in which you worked to tackle a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale).
3. Action - Discuss the specific actions you took to address a challenge.
4. Results - Give specific examples of the results of your actions. These accomplishments demonstrate the quality and effectiveness of your leadership skills.
NOTE: Your responses to the five ECQs must describe the context and the results of your achievements in lay terminology, free of jargon and excessive reliance on acronyms.
ECQ 1 - LEADING CHANGE - This core qualification involves the ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment. (Competencies: creativity and innovation, external awareness, flexibility, strategic thinking and vision).
ECQ 2 - LEADING PEOPLE - This core qualification involves the ability to lead people toward meeting the organization's vision, mission, and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. (Competencies: conflict management, leveraging diversity, developing others and team building).
ECQ 3 - RESULTS DRIVEN - This core qualification involves the ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. (Competencies: accountability, customer service, decisiveness, entrepreneurship, problem solving and technical credibility).
ECQ 4 - BUSINESS ACUMEN - This core qualification involves the ability to manage human, financial, and information resources strategically. (Competencies: financial management, human capital management and technology management).
ECQ 5 - BUILDING COALITIONS - This core qualification involves the ability to build coalitions internally and with other Federal agencies, State and Local governments, nonprofit and private-sector organizations, foreign governments, or international organizations to achieve common goals. (Competencies: partnering, political savvy and influencing/negotiating).
Detailed information on the Executive Core Qualifications is available
Should you require additional guidance in writing your ECQs, please click below:
Education
This job does not have an education qualification requirement.
Additional information
The U.S. Department of Housing and Urban Development strives to ensure that the public perceives HUD as a fair and equitable agency that administers its programs in an objective and impartial manner. As such, HUD is committed to its government ethics program which advises employees on applicable ethics laws and regulations designed to protect the agency against real and apparent conflicts of interest.As a federal employee, you will be subject to the Standards of Ethical Conduct, and the U.S. criminal conflict of interest statutes. As a HUD employee, you will also be subject to the HUD Supplemental Ethics Regulations which includes restrictions on working in a real estate related business, and having Section 8 tenants, along with other prohibited interests and outside activities and employment. To review applicable ethics rules, including HUD specific rules, please visit .
Depending on your position, you may also be required to file a Public Financial Disclosure Report () within 30 days of your appointment. Upon your new appointment, you will receive guidance regarding your ethics obligations. You will also be required to attend a mandatory ethics training within 3 months of your appointment. If you have any questions or concerns about the ethics requirements, please contact the Ethics and Appeals Division at email address: