Branch Chief Underwriter Team

This position is located in the Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioner.

Qualifications:

You must meet the following requirements within 30 days of the closing date of this announcement.

Specialized Experience for the GS-14, you must have one year (full 52 weeks) 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 is defined as:

- Leading projects which have the responsibility for preserving affordable multifamily housing; AND
- Interpreting or advising on policies and regulations relating to multi-family mortgage finance programs either in the loan origination and project development process, or by writing policies or procedures for a housing/mortgage project or program; AND
- Managing the multifamily underwriting and credit approval process by coordinating due diligence for lending opportunities including market analysis, financial analysis and valuation; AND
-Serving in a senior staff position in an office or demonstrating leadership experience in connection with the underwriting of multifamily mortgage loans.


The experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.

Time-in-Grade: In addition to the above requirements, you must meet the following time-in-grade requirement, if applicable:
For the GS-14 you must have been at the GS-13 level for 52 weeks.

Time After Competitive Appointment: Candidates who are current Federal employees serving on a non-temporary competitive appointment must have served at least three months in that appointment.

Responsibilities:

HUD's Mission
The mission of the U.S. Department of Housing and Urban Development is to foster strong communities by supporting access to quality, affordable housing, expanding the housing supply, and unlocking homeownership opportunities for the American people. The Department is committed to furthering the promise of self-sufficiency in every American while promoting economic development to revitalize rural, tribal, and urban communities across the country.

The Office of Housing provides vital public services through its nationally administered programs. It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, and regulates important parts of the housing industry. The Office of Housing is committed to building and preserving healthy neighborhoods and communities through homeownership, rental housing and healthcare opportunities.

The Office of Multifamily Housing is responsible for the overall management, development, direction and administration of HUD's Multifamily Housing Programs. HUD's Multifamily programs provide mortgage insurance to HUD-approved lenders to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing projects. MFH is widely responsible for production, asset management and portfolio oversight, and recapitalization of assisted properties, and field operations. As part of the National Housing Act of 1934, Congress created the Federal Housing Administration (FHA) which later became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965.



As a/an Branch Chief Underwriter Team, you will:

• Responsible for oversight of staff managing the efficient and effective coordination and accomplishment of planning, scoping, development design, construction, and operation of major multifamily insured and capital advance projects.
• Provide technical and supervisory leadership to staff who evaluate and oversee Lender applications and development teams' integration of management agent and owner responsibilities into a comprehensive asset development and management plan for each project application that is fully coordinated with all contributing partners, including those in various development disciplines. This is necessary to establish firm control and management of the project's construction budget and schedule, assuring that HUD's commitments to the sponsor/customer are met.
• The Branch Chief is expected to mentor junior staff, oversee training and other staff development activities, and manage pipeline priorities. Serves as principal technical advisor to the Production Division Director, and other Multifamily Hub or Satellite Office management, to provide advice and guidance on matters pertaining to statutory and regulatory requirements and other administrative directives.
• Serve as HUD's primary contact for all external agencies and professionals coordinating technical or programmatic issues related to specific transactions, pipeline and portfolio transactions, and program parameters. Serves as the senior technical expert in the Multifamily Hub or Satellite Office for programmatic, underwriting, and mortgage credit issues, and primary official responsible for quality control of the underwriting process and underwriting product of all assigned transactions.
• Oversee and provides guidance on applicable regulations and policy in the loan approval and development of the project. Provides leadership, oversight, and technical expertise for staff that negotiate and integrate all agency functions including underwriting, planning, design review, cost engineering, appraisal, credit evaluation and approval, loan closing, construction, start-up and long term management systems and sponsor/customer needs.

Salary : $138,734