Department of Housing and Urban Development

Director Mortgage Backed Securities Monitoring Division

Alexandria, Virginia Full time

Director Mortgage Backed Securities Monitoring Division

Department: Department of Housing and Urban Development

Location(s): Alexandria, Virginia

Salary Range: $169279 - $197200 Per Year

Job 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 26-HUD-12936633-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.

Major Duties:

  • 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. This position is located in the Government National Mortgage Association (Ginnie Mae), Monitoring Division within the Government National Mortgage Association (Ginnie Mae). Ginnie Mae is a wholly owned government corporation created to help expand homeownership opportunities for low and moderate-income Americans, by linking global capital markets to the nation's housing markets. As a Director Mortgage Backed Securities Monitoring Division, you will: Manage the selection and maintenance of master subservicer for Single Family, Multifamily, and Manufactured Housing portfolios. These contracts are in place to assume servicing responsibilities for issuers placed in default by Ginnie Mae, and that the contracts under which these entities operate are clear and protect Ginnie Mae's interests. Manage the monitoring of the performance of subservicers and of the pools themselves to insure the portfolio is being properly serviced and Ginnie Mae losses are being kept to a minimum level. Provide policy assistance and guidance to subservicers regarding complex and novel issues involving the Ginnie Mae defaulted portfolio. Coordinates with the Ginnie Mae Controller the approval and payment of all expenses submitted by subservicers. Review the work of Ginnie Mae's risk analysis contractor and the master subservicers. Provides technical directions and program policy guidance to the contractors. Effect and recommend changes in policies and procedures to better control risk and asset management of the MBS program.

Qualifications: You must meet the following requirements within 30 days of the closing date of this announcement. Specialized Experience: Specialized Experience for the GS-15, you must have one year (full 52 weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-14 grade level in the Federal service. Specialized experience for this position is defined as: Developing or administering a program that involves institutions or in the mortgage backed securities industry; AND Developing and implementing risk management, compliance and enforcement protocols; AND Working directly with mortgage servicing and sub-servicing programs (Ginnie Mae, Fannie Mae and Freddie Mac) and concepts, this may include: FHA, VA and USDA loans; AND Developing and executing asset disposition strategies; AND Supervising or leading a team managing vendors and contractors. 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-15 you must have been at the GS-14 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.

How to Apply: HUD has partnered with the Department of Treasury to provide certain personnel services to its organization. Treasury's responsibilities include advertising vacancies, accepting and handling applications, and extending job offers. Please read the entire announcement and all the instructions before you begin an application. To apply for this position, you must complete the initial online application, to include submission of the required documentation specified in the Required Documents section above. The complete application package must be submitted by 11:59 PM (ET) on the closing date of the announcement to receive consideration. We are available to assist you during business hours (normally 8:00 a.m. - 5:00 p.m. ET, Monday - Friday). The application process is as follows: To begin the application process, click the Apply Online button. Answer the questions presented in the application and attach all necessary supporting documentation. Click the Submit Application button prior to 11:59PM (ET) on the announcement closing date. After submitting an online application, you will be notified whether or not you are required to take additional online assessments through the USA Hire Competency Based Assessment system. This message will be delivered to you via email notification. The email may be routed to your "Spam" or "Junk" folder. If you are asked to take the USA Hire Competency Based Assessments, you will be presented with a unique URL to access the USA Hire system. Access to USA Hire is granted through your USAJOBS login credentials. Be sure to review all instructions prior to beginning your USA Hire Assessments. Click here for Computer System Requirements Note, set aside at least 3 hours to take these assessments; however, most applicants complete the assessments in less time. If you need to stop the assessments and continue at a later time, you can re-use the URL sent to you via email and also found on the Additional Application Information page that can be located in the application record in your USAJOBS account. To update your application, including supporting documentation, at any time during the announcement open period, return to your USAJOBS account (https://usajobs.gov). There you will find a record of your application, the application status, and an option to Edit my application. This option will no longer be available once the announcement has closed. To verify the status of your application both during and after the announcement open period, log into your USAJOBS account at https://www.usajobs.gov. On the Home page, scroll down and locate your job application. Once the job has been located, click the "Track this application" link on the right under the application date. The page will refresh to display the Agency's Application Information page where you can scroll down and review any notifications the agency has sent you. The Application Status will appear along with the date your application was last updated. For information on what each Application Status means, visit: https://www.usajobs.gov/Help/how-to/application/status/. Please notify us if your contact information changes after the closing date of the announcement. Also, note that if you provide an email address that is inaccurate or if your mailbox is full or blocked (e.g., spam-blocker), you may not receive important communication that could affect your consideration for this position. For more information regarding the job and applicant status, please refer to USAJOBS Help Center - How to see your application and job status To preview the application questionnaire: https://apply.usastaffing.gov/ViewQuestionnaire/12936632 The Fair Chance to Compete for Jobs Act prohibits specific inquiries concerning an applicant's criminal or credit background unless the hiring agency has made a conditional offer of employment to the applicant. An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting: FairChanceAct@hud.gov What are criminal history inquiries?

Application Deadline: 2026-05-04