Federal
Senior Vice President - Office of Issuer and Portfolio Management
Government National Mortgage Association (Ginnie Mae) Β· Department of Housing and Urban Development
About This Position
The Department of Housing and Urban Development (HUD) is seeking highly qualified individuals who are willing to meet the challenges of public service and support our mission. Our compensation package is comparable to the private sector. And we also offer a broad array of program activities to develop your career, such as: networking and training opportunities. At HUD, you'll have a once-in-a-lifetime opportunity to gain insight into federal housing policy and community development.
Qualifications
As a basic requirement for entry into the senior executive service (SES), applicants must provide evidence of progressively responsible executive leadership and supervisory experience that is indicative of senior executive level managerial capability. This experience should be sufficiently broad in scope and at a major management level in a large or complex organization. The ideal candidate will have experience supervising many employees through subordinate supervisors and have experience hiring, developing, and evaluating employees. Typically, experience of this nature is at the GS-15 or equivalent level in the federal service or its equivalent in the private sector. Your application should demonstrate that you possess the knowledge, skills, and abilities to successfully fulfill responsibilities inherent in SES positions such as: Leading the work of an organizational unit Ensuring the success of one or more specific major programs or projects Monitoring progress toward strategic organizational goals, evaluating organizational performance and taking action to improve performance Supervising the work of employees, developing policy and other executive functions If your experience does not include these basic qualifications, you will not be determined qualified for this position. Veterans' preference: Is not applicable to positions in the Senior Executive Service. To meet the minimum qualification requirements for this position, you must show that you possess the Executive Core Qualifications (ECQ) and Mandatory Technical Qualifications (MTQs) related to this position within your resume - NOT TO EXCEED 2 PAGES. Applications received with resumes exceeding the 2-page limit will be disqualified and will not receive further consideration. Your resume should include examples of experience, education, and accomplishments applicable to the qualification(s). If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position. There is NO requirement to prepare narrative statements specifically addressing the Executive Core Qualifications (ECQs) or the Mandatory Technical Qualifications (MTQs). MANDATORY TECHNICAL QUALIFICATIONS (MTQs): Your resume should demonstrate accomplishments that would satisfy these technical qualifications. MTQ 1: Knowledge of and experience in public/private sector mortgage finance, the use of credit enhancements, mortgage credit programs, operations of the mortgage banking and financial services industries. MTQ 2: An in-depth knowledge of mortgage-backed securities programs, secondary mortgage markets and US government housing and guaranty programs; and knowledge of corporate risk methodologies and capital markets techniques relating to the mortgage finance industry, including portfolio and asset management. EXECUTIVE CORE QUALIFICATIONS (ECQs): In addition to the Mandatory Technical Qualification (MTQ) requirements listed above, all new entrants into the Senior Executive Service (SES) under a career appointment will be assessed for executive competency against the following five mandatory ECQs. If your two-page resume does not reflect demonstrated evidence of the ECQs and MTQs, you may not receive further consideration for the position. These are the five ECQs and their competencies: ECQ 1 - COMMITMENT TO THE RULE OF LAW AND THE PRINCIPLES OF THE AMERICAN FOUNDING: This core qualification requires a demonstrated knowledge of the American system of government, commitment to uphold Constitution and the rule of law, and commitment to serve the American people. (Competencies: Knowledge of the American System of Government, Commitment to the Rule of Law, Civic-Mindedness). ECQ 2 - DRIVING EFFICIENCY: This core qualification involves the demonstrated ability to strategically and efficiently manage resources, budget effectively, cut wasteful spending, and pursue efficiency through process and technological upgrades. (Competencies: Fiscal Responsibility, Managing Resources, Leveraging Technology). ECQ 3 - MERIT AND COMPETENCE: This core qualification involves the demonstrated knowledge, ability, and technical competence to effectively and reliably produce work that is of exceptional quality. (Competencies: Technical Skill, Problem Solving, Agility and Resilience). ECQ 4 - LEADING PEOPLE: This core qualification involves the demonstrated ability to lead and inspire a group toward meeting the organization's vision, mission, and goals, and to drive a high-performance, high-accountability culture. This includes, when necessary, the ability to lead people through change and to hold individuals accountable. (Competencies: Accountability, Developing Others, Executive Judgement). ECQ 5 - ACHIEVING RESULTS: This core qualification involves the demonstrated ability to achieve both individual and organizational results, and to align results to stated goals from superiors. (Competencies: Operational Mindset, Innovation, Strategic Thinking). Note: If you are a member of the SES or have been certified through successful participation in an OPM approved SES Candidate Development Program (SESCDP), or have SES reinstatement eligibility, you do not need to respond to the ECQs. Instead, you MUST attach proof (e.g., SF-50, Certification by OPM's SES Qualifications Review Board (QRB)) of your eligibility for noncompetitive appointment to the SES. A method to present demonstrated evidence of the ECQs and MTQs is to use the C - C - A - R model (Challenge / Context / Action / Results): 1. Challenge - Describe a specific problem or goal. 2. Context - Talk about the individuals and groups you worked with, and/or the environment in which you worked to tackle a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale). 3. Action - Discuss the specific actions you took to address a challenge. 4. Results - Give specific examples of the results of your actions. These accomplishments demonstrate the quality and effectiveness of your leadership skills. Note for Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize any employment offers made to current or former (within the last 5 years) political appointees (i.e., Schedule A, Schedule C, or Non-career SES employee, or Presidential Appointee employee in the executive branch). If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, or Noncareer SES employee, or Presidential Appointee employee in the executive branch, you must disclose that to the Human Resources Office.
Major Duties
This position is located within the Government National Mortgage Association (Ginnie Mae) reporting to the Office of the President (OOP). Ginnie Mae supports the affordable financing of housing in America by providing an efficient government-guaranteed secondary mortgage market vehicle that links the global capital markets with mortgage lenders across the United States. Ginnie Mae is a wholly owned government corporation under the Department of Housing and Urban Development's (HUD) management control. The Office of Issuer and Portfolio Management (OIPM) is the front line managing the relationship between Ginnie Mae and the issuers of its Mortgage Backed Securities (MBS), custodians, and participation agents who participate in the MBS program. Program areas that the incumbent has direct oversight and management of include the Single Family, Multifamily, Manufactured Housing and reverse mortgage HMBS program issuers. OIPM oversees the provisioning of issuer management functions and the active participation in the oversight of issuer activity with respect to risk, monitoring, compliance, and enforcement. The Senior Vice President, Issuer and Portfolio Management (SVP) directs and manages the business relationships between Ginnie Mae and the mortgage finance industry that participate in the MBS program. This role is a critical component of Ginnie Mae's management team with important internal and external facing responsibilities. The incumbent makes day-to-day decisions about the course of issuer-related activities and interactions, and provides input into Ginnie Mae's planning, policy, risk management and other functions that relate to issuer program participation. Major Duties: The incumbent works with the President and the Executive Vice President, and the Senior Vice Presidents of the various program offices in Ginnie Mae in utilizing a variety of methods and sources to increase the availability and flow of funds from capital markets into the national mortgage market while protecting taxpayer exposure to loss. The incumbent will be responsible for implementing and directing strategies in support of all program participant relations, both current and prospective, working in close partnership with the Chief Risk Officer. The incumbent (and his/her staff) is responsible for establishing and maintaining strong relationships throughout the management structure of issuers and custodians, overseeing the development of broad-reaching and tailored solutions to support their participation in the MBS program, while also serving the interests of the Ginnie Mae MBS program as a whole. The incumbent will also provide leadership and input into the development of policies for the Ginnie Mae MBS program, will direct communications and outreach strategies concerning the same. Collaborates with other programs offices within Ginnie Mae to ensure the smooth functioning of the MBS program and the organization in areas of mutual responsibility. Specific duties include but are not limited to: Issuer and custodian support: Serve as the point of contact for issues relating to issuer and custodian participation in the MBS program, such as relating to establishment of activities, purchase of commitment authority, and pooling, delivery, or reporting problems and questions. Arrange for the effective representation of participant concerns within Ginnie Mae and be the primary channel for Ginnie Mae engagement with participants MBS program participant monitoring and oversight: Actively participates in the monitoring of issuer and custodian performance in the MBS program and engages in oversight activities that may include communicating corrective actions to participants, including making well documented recommendations for action that may result in heightened preparation for an issuer default or even an immediate event of default and extinguishment. Issuer transactions: Render decisions (in collaboration with the CRO) as provided for in the delegations of authority and other internal policy documents) about issuer transactions under the MBS program. Asset management: Oversee the administration of assets obtained as a result of issuer extinguishments, including managing master sub-servicer procurement and contract administration and master sub-servicer activities. Business Voice: Champion strategic initiatives as the key business voice to ensure proper identification and prioritization of business needs and requirements in the policy, technology, and business process areas to move the MBS program forward. Work across the enterprise to ensure alignment on priorities to ensure critical business needs are being fulfilled and the Ginnie Mae MBS program remains relevant to the housing finance marketplace. External Communication: Provide effective communication to participants in the Ginnie Mae MBS program about policy, risk management, and other business initiatives.
Education
This job does not have an education qualification requirement.
How You Will Be Evaluated
All applicants must submit a two-page resume (not to exceed two-pages) which reflects demonstrated experience for each ECQ and MTQ. Failure to submit a two-page resume WILL DISQUALIFY YOU FROM FURTHER CONSIDERATION. As a result, you will be rated as "INCOMPLETE". Once the application process is complete, a review of your resume and supporting documentation will be conducted. If you meet minimum qualifications, your Application Package will be further reviewed to determine if you possess the Executive Core Qualifications (ECQ) and Technical Qualifications (MTQ) listed above. ECQs and MTQs must be thoroughly addressed within your two (2) page resume. Separate narratives will not be accepted or reviewed. Applicants will be evaluated on the quality and extent of their total accomplishments, experience, the ECQs, and the MTQs. Highly Qualified applicants may undergo one or more structured interviews and may be referred to the selecting official for further consideration. Upon selection, if not already a member of the SES serving under a career appointment, the individual selected must have his/her executive qualifications certified by the U.S. Office of Personnel Management's SES Qualifications Review Board (QRB) before appointment to this position. The selected individual's application will be forwarded to the OPM for review and certification by the QRB, unless the selectee provides evidence of their noncompetitive status (i.e., a current SES, OPM QRB certified SESCDP graduate, or SES reinstatement eligible). Upon QRB certification, the selected individual will be required to serve a one-year probationary period. For more information regarding the SES, go to https://www.opm.gov/policy-data-oversight/senior-executive-service/. Veterans' preference: Is not applicable to positions in the Senior Executive Service. You will be evaluated based on how well you meet the qualifications listed in this vacancy announcement. Your qualifications will be evaluated based on your application materials (e.g., resume, supporting documents), your responses on the application questionnaire, and your responses to all assessments required for this position. You will be assessed on the following competencies (knowledge, skills, abilities, and other characteristics): Civic-Mindedness Fiscal Responsibility Managing Resources Leveraging Technology Technical Skill Problem Solving Agility and Resilience Accountability Developing Others Executive Judgement Operational Mindset Innovation Strategic Thinking Customer Service Influencing/Negotiating Conflict Management Team Building Interpersonal Skills Integrity/Honesty Continual Learning Overstating your qualifications and/or experience in your application materials or application questionnaire may result in your removal from consideration. Cheating on an assessment may also result in your removal from consideration.
Additional Information
The U.S. Department of Housing and Urban Development strives to ensure that the public perceives HUD as a fair and equitable agency that administers its programs in an objective and impartial manner. As such, HUD is committed to its government ethics program which advises employees on applicable ethics laws and regulations designed to protect the agency against real and apparent conflicts of interest.As a federal employee, you will be subject to the Standards of Ethical Conduct, and the U.S. criminal conflict of interest statutes. As a HUD employee, you will also be subject to the HUD Supplemental Ethics Regulations which includes restrictions on working in a real estate related business, and having Section 8 tenants, along with other prohibited interests and outside activities and employment. To review applicable ethics rules, including HUD specific rules, please visit https://portal.hud.gov/hudportal/HUD?src=/program_offices/general_counsel/ethics. Depending on your position, you may also be required to file a Public Financial Disclosure Report (OGE Form 278e) within 30 days of your appointment. Upon your new appointment, you will receive guidance regarding your ethics obligations. You will also be required to attend a mandatory ethics training within 3 months of your appointment. If you have any questions or concerns about the ethics requirements, please contact the Ethics and Appeals Division at email address: [email protected] Reasonable Accommodation (RA) Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request a RA in your online application. Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire CompetencyBased Assessments. Decisions on requests for RA are made on a case-by-case basis. If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments, based on your adjudication decision. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments if you received the link after the close of the announcement. To determine if you need a RA, please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments. (https://appsupport.usastaffing.gov/hc/en-us/sections/28980686389652-Reasonable-Accommodation-Information)
How to Apply
To apply for this position, you must complete this application and submit any required documents specified in the Required Documents section and submit by 11:59 PM (Eastern Time) on 03/04/2026 to receive consideration. To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application. Follow the prompts to select and upload your reΜsumeΜ and/or other required documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process. Before uploading your required documents, please ensure they are in PDF format and DO NOT EXCEED the noted page limits. After acknowledging you have reviewed your application package, complete the "Include Personal Information" section as you deem appropriate and click to continue with the application process. You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application. It is applicant's responsibility to verify that information entered and uploaded, (i.e., resume and other required documents) is complete, accurate, and submitted by the closing date. Human Resources will not modify or change any part of your application. Application packages will NOT be accepted via mail. Due to security processes, mail delivery takes approximately 2-3 weeks to process at which time the vacancy announcement will be closed, and no further consideration will be given to additional application packages. If you are required to complete a USA Hire Assessment, you will be notified after this announcement closes. The notification will be delivered to the email address in your USAJOBS account. It will include your unique assessment access link to the USA Hire system and the completion deadline. Additionally, in USAJOBS you can click "Track this application" to return to your assessment completion notice. Please note, the email may be routed to your "Spam" or "Junk" folder. Access USA Hire using your unique assessment link. Access is granted through your USAJOBS login credentials. Review all instructions prior to beginning your assessments. You will have the opportunity to request a testing accommodation before beginning the assessments should you have a disability covered under the Rehabilitation Act of 1973 as amended. Set aside at least 3 hours to take the USA Hire assessments; however, most applicants complete the assessments in less time. If you need to stop the assessments and continue later, you can re-use your unique assessment link. Your responses to the USA Hire Assessments will be reused for one year (in most cases) from the date you complete an assessment. If future applications you submit require completion of the same assessments, your responses will be automatically reused. Visit the USA Hire Applicant Resource Center for practice assessments and assessment preparation resources at https://support-usahire.opm.gov/hc/en-us. To update your application, including supporting documentation: During the announcement open period, return to your USAJOBS account, find your application record, and click Edit my application. This option will no longer be available once the announcement has closed. ADDITIONAL INFORMATION: HUD provides reasonable accommodations to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please contact the Office of Executive Resources listed in this vacancy. The decision on granting reasonable accommodation will be made on a case-by-case basis. Notice Concerning Materially False, Fictitious, or Fraudulent Statements Anything you claim in the occupational questionnaire or in your resume may be subject to verification. By completing the electronic application process, you are certifying that any statements you make are true, complete, and correct to the best of your knowledge and belief and are made in good faith. Materially false, fictitious, or fraudulent statements or representations are subject to disciplinary action. Extraneous documents provided with your application package will not be considered.
Required Documents
**************ALL DOCUMENTS MUST BE UPLOADED IN PDF FORMAT******************* A complete application includes items described below. Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible). Please carefully review the following list to determine what documentation you need to submit. Some documents may not apply to all applicants. 1. RESUME: All applicants are required to submit a resume limited to two (2) pages (i.e., 1 page that is double-sided or 2 pages that are one-sided each) showing all relevant experience. Applicants seeking initial career appointment to the Senior Executive Service (SES) must include evidence of the ECQs and MTQs. 2. VACANCY QUESTION/ASSESSMENT QUESTIONNAIRE RESPONSES: Responses are automatically submitted through USA Jobs when you apply to this vacancy. 3. ADDITIONAL REQUIRED DOCUMENTS: Applicants are required to submit the following supporting documentation if applicable: CURRENT OR FORMER SES MEBERS: Must provide your SES appointment SF-50 (Notification of Personnel Action), and an SF-50 showing current career SES status or career SES reinstatement eligibility. SES CANDIDATE DEVELOPMENT PROGRAM (SESCDP) GRADUATES: Verification of successful completion of an OPM-approved SESCDP and OPM SES QRB certification. CURRENT FEDERAL CIVIL SERVICE EMPLOYEE: Must provide a copy of your Notification of Personnel Action, Standard Form 50 (SF-50) or equivalent personnel action form reflecting you are a current Federal Civil Service employee. Veterans' preference: Is not applicable to positions in the Senior Executive Service. REMINDER: Before uploading your required documents, please ensure they are in PDF format and DO NOT EXCEED the noted page limits. Please read the entire announcement and all the instructions before you begin an application. To apply and be considered for this position, you must complete all required assessments, and required documentation as specified in the How to Apply and Required Documents section. The complete application package must be submitted by 11:59 PM (ET) on the closing date of the announcement to receive consideration.
Frequently Asked Questions
What is the salary for the Senior Vice President - Office of Issuer and Portfolio Management position at Government National Mortgage Association (Ginnie Mae)?
The salary range for this position is $151,661 - $228,000/yr. This is a ES-00 position on the General Schedule pay scale. Actual pay may vary based on locality adjustments.
Where is the Senior Vice President - Office of Issuer and Portfolio Management job located?
This position is located in Washington, District of Columbia. This is an on-site position.
What qualifications do I need?
As a basic requirement for entry into the senior executive service (SES), applicants must provide evidence of progressively responsible executive leadership and supervisory experience that is indicative of senior executive level managerial capability. This experience should be sufficiently broad in scope and at a major management level in a larg...
How do I apply for this position?
Apply through USAJobs.gov by clicking the 'Apply on USAJobs' button. You'll need a USAJobs account, a federal-style resume, and supporting documents. The deadline is Mar 4, 2026.
Is a security clearance required?
No security clearance is required for this position.
What does ES-00 mean?
ES-00 refers to the General Schedule grade level. Higher grades require more experience and offer higher pay. Visit our GS Pay Scale page for full salary tables by grade and locality.
What benefits do federal employees receive?
Federal employees receive comprehensive benefits including health insurance (FEHB), retirement through FERS, Thrift Savings Plan (TSP) with government matching, paid annual and sick leave, paid parental leave, life insurance, and student loan repayment programs.