Senior Underwriter

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A variety of soft skills and experience may be required for the following role Please ensure you check the overview below carefully.

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Assistant Secretary for Housing-Federal Housing Commissioner Senior Underwriter New York , New York Apply Now

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

Responsibilities 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.

As a Senior Underwriter, you will : Serve as the principal technical resource staff person for the Branch Chief, to provide advice and guidance on matters pertaining to statutory and regulatory requirements and other administrative directives.

Assume responsibility for each assigned project's overall application, processing, construction, closing, management control, coordination and execution in accordance with HUD's published guidelines and guidance.

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.

Assist and advise lenders and other professionals in structuring transactions so as to meet HUD requirements and Low Income Housing Tax Credit requirements.

Requirements Conditions of Employment The official duty station for this position will be in New York, New York.

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.

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

To be qualified for this position at the GS-13 level, you must have at least one year of specialized experience equivalent to the GS-12 level.

This experience is defined as :

• Providing interpretation and guidance regarding housing procedures, laws, and regulations related to multifamily housing development (5 or more apartment units, not condominiums), including multifamily loan origination, multifamily underwriting, or a related multifamily or commercial area; AND
• Completing the underwriting functions of an application which would include multi-layered financing activities or multi-use facilities for a multifamily housing project; AND
• Analyzing and resolving multifamily housing project issues relating to underwriting or loan origination; AND
• Analyzing and defining financial risks, best investment, and credit structures for participation in multifamily transactions involving low income housing tax credits, section 8, HOME, SHIP, CDBG or other federal subsidies.

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-13 you must have been at the GS-12 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.

Recruitment incentive will not be paid.

This is a bargaining unit position.

This position is Non-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.

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