Underwriting Analyst

This position is located in the Department of Housing and Urban Development, Asst Secretary for Housing-Federal Housing Commissioner, Office of Housing, Office of Multifamily Housing. Making a Difference: HUD's Mission

HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination and transform the way HUD does business.

The following are the duties of this position at the GS-09. If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.

As an Underwriting Analyst, you will:

• Be responsible for screening, financial and quantitative analysis, review of third party technical reports and lender applications for multifamily mortgage insurance submitted under various programs.

• Assist Underwriters in evaluating risk, coordinating processing, managing communications and expectations of lenders, and technical reviews necessary for FHA multifamily production.

• Assist Underwriters in managing the efficient and effective coordination and accomplishment of planning, scoping, development design, construction, supporting the operation of major multifamily insured projects.

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

Specialized Experience: For the GS-09, you must have one year (52 full weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-07 grade level in the Federal service. Specialized Experience for this position includes:

• Financial analysis using spreadsheet software to evaluate data in support of real estate transaction requests, or mortgages;

AND

• Technical analysis related to multifamily real estate financing (i.e. site visits, property management turnarounds, environmental assessments, etc.)

OR Education: You may substitute education for general or specialized experience as follows: Master's or equivalent graduate degree or 2 full years of progressively higher level graduate education leading to such a degree or LL.B. or J.D., if related to the position to be filled. (NOTE: You must submit a copy of your transcripts)

OR Combination: You may qualify by a combination of experience and education. To combine education and experience, the total percentage of experience at the required grade level compared to the specialized experience requirement, as well as the percentage of completed education compared to the education requirement must equal at least 100 percent. Only graduate level education in excess of the first 18 semester hours (27 quarter hours) may be combined to be considered for qualifying education. (NOTE: You must submit a copy of your transcripts)

Specialized Experience: For the GS-07, you must have one year (52 full weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-05 grade level in the Federal service. Specialized Experience for this position includes:

• Financial or data analysis using spreadsheet software to evaluate data

OR Education: You may substitute education for general or specialized experience as follows: One full year of graduate level education with a major study related to the position to be filled. (NOTE: You must submit a copy of your transcripts)

OR Superior Academic Achievement: Successful completion of all the requirements for a bachelor's degree with Superior Academic Achievement.

In order to be creditable under this provision, Superior Academic Achievement must have been gained in a curriculum that is qualifying for the position to be filled, such as that identified in Education above. Superior Academic Achievement is based on: (1) Class Standing

• Applicants must be in the upper third of the graduating class in the college, university, or major subdivision, such as the College of Liberal Arts or the School of Business Administration, based on completed courses; OR (2) Grade-Point Average (G.P.A.)

• Applicants must have a grade-point average of either (a) 3.0 or higher out of a possible 4.0 ("B" or better) as recorded on your official transcript, or as computed based on 4 years of education, or as computed based on courses completed during the final 2 years of the curriculum; or (b) 3.5 or higher out of a possible 4.0 ("B+" or better) based on the average of the required courses completed in the major field or the required courses in the major field completed during the final 2 years of the curriculum.; OR (3) Honor Society Membership

• Applicants may be considered eligible based on membership in one of the approved national scholastic honor societies listed by the Association of College Honor Societies (https://www.achsnatl.org/). (NOTE: You must submit a copy of your transcripts)

OR Combination: You may qualify by a combination of experience and education. To combine education and experience, the total percentage of experience at the required grade level compared to the specialized experience requirement, as well as the percentage of completed education compared to the education requirement must equal at least 100 percent. To compute the percentage of the requirements, divide your total months of experience by 12. Then divide the total number of completed graduate semester hours (or equivalent) by 18. Add the two percentages. (NOTE: You must submit a copy of your transcripts)

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-09 you must have been at the GS-07 level for 52 weeks.

For the GS-07 you must have been at the GS-05 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.