Financial Economist

This position is located at Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioners; Office of Housing, Office of Risk Management and Regulatory Affairs. The Office of Risk Management and Regulatory Affairs monitors FHA's business activities and is FHA's primary data analysis and risk assessment office.

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. As a Financial Economist, you will: Prepare statutorily-mandated reports and other in-house actuarial studies and analyses for FHA Multifamily and Healthcare insured mortgage programs Prepare annual credit subsidy estimates for Multifamily and Healthcare programs for inclusion in the HUD budget Prepare liability for loan guarantee and loan loss reserve estimates for inclusion in the annual FHA audited financial statements Define the criteria for the financial risk assessment of HUD-insured and -assisted Multifamily and Healthcare properties

The official duty station for this position will be in Alexandria, Virginia. Failure to report to duty at this location may be grounds for a disciplinary action, including removal. Key Requirements: Must be U.S. Citizen or U.S. National. A one year probationary period may be required. Continued employment is contingent upon supervisory certification that continued employment will benefit the Federal Service; the certification will occur no less than 30 days before the end of the probationary/trial period. Must successfully complete a background investigation. Public Trust - Background Investigation will be required. 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. Please refer to "Additional Information Section for additional Conditions of Employment."