Job Information
Government National Mortgage Association (Ginnie Mae) Transaction Management Specialist in Washington, District Of Columbia
Summary This position is located in the Department of Housing and Urban Development, Government National Mortgage Association Ginnie Mae. If you do not meet any of the categories listed below, you may wish to apply under announcement 24-HUD-1673-P which is open for any U.S. citizen to apply. Please refer to that announcement for details on open period, eligibility, and how to apply. Responsibilities As a Transaction Management Specialist, you will: Be responsible for assisting the Director of Transactions Management concerning the complete range of responsibilities for the Multi-class Securities program, which includes, but is not limited to, monthly new issue and reporting cycles of the Real Estate Mortgage Investment Conduit (REMIC), the Platinum Securities program and other securities programs as developed and implemented by Ginnie Mae. Coordinate with the investor community in creating and marketing multi-class securities that are designed to enhance the competitiveness of Ginnie Mae securities and be of greater value to investors than the single-class Ginnie Mae guaranteed mortgage-backed securities from which they are derived. Assist with the ongoing administration of the Ginnie Mae single and multi-class programs which includes significant interaction with the numerous parties, i.e., sponsors, trustees, trust counsel and accountants ("participants") associated with the closing and administration of securities programs and Ginnie Mae's contractors responsible for the review of all documents and data necessary to close and administer securities. Requirements Conditions of Employment The duty station for this position will be a home-based worksite or other non-HUD owned space anywhere within the 50 mile commuting area of HUD's Washington, DC office. See the additional information section for more details. Key Requirements: Must be U.S. Citizen or U.S. National. A one year probationary period may be required. Must successfully complete a background investigation. Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency. Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer. If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so. Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S. Obtain and use a Government-issued charge card for business-related travel. Please refer to "Additional Information Section for additional Conditions of Employment." If selected for the position, you must sign an employment agreement prior to onboarding that details the working conditions/expectations. See the ADDITIONAL INFORMATION section for more details regarding this position's FULL-TIME 100% telework status. Qualifications You must meet the following requirements within 30 days of the closing date of this announcement. Specialized Experience: Specialized experience for the GS-14 is one year of experience at the GS-13 level, or equivalent, that has equipped you with the knowledge, skills, and abilities to successfully perform the duties of the position. Specialized experience includes: - Working with mortgage-backed securities and capital markets; AND - Initiating and maintaining relationships with internal and external stakeholders of mortgage-backed securities programs; AND - Providing technical direction during the new issue securitization process for mortgage-backed securities transactions. 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. Education Additional Information OTHER INFORMATION: We may select from this announcement or any other source to fill one or more vacancies. Relocation expenses will not be paid. Relocation incentive will not be paid. A recruitment incentive may be paid to newly appointed (non-Federal) applicants. A service agreement will be required. This is a bargaining unit position. This position is Exempt from the Fair Labor Standards Act (FLSA). HUD offers alternative and flexible work schedules. This announcement may be used to fill additional vacancies for similar positions across HUD. During the online application process, you will be asked to specify if you would like your application information shared with other hiring managers in the Program Office listed in this announcement or in other HUD Program Offices. Opting to share your application information will not impact your application for this announcement, nor will it guarantee further consideration for additional positions. CONDITIONS OF EMPLOYMENT (CONTINUED): HUD employees are subject to a number of government-wide and HUD specific ethics laws and regulations, including restrictions on working in a real estate related business, and having Section 8 tenants, along with other prohibited interests and activities. To review applicable ethics rules and HUD specific restrictions, please visit https://portal.hud.gov/hudportal/HUD?src=/program_offices/general_counsel/ethics. Pay will be determined based on the duty location of the position. Employees will receive the locality rate associated with the location of their home worksite. This is a 100% telework position, in which you may reside and work at a location within 50 miles of the local commuting area of the Washington, DC HUD office.