Summary
The Federal Housing Finance Agency, Office of Inspector General (FHFA-OIG) promotes the economy, efficiency, and integrity of FHFA's programs and operations by conducting audits, investigations, evaluations, and reviews and recommending courses of action designed to support FHFA's mission of ensuring a safe and sound mortgage finance system that provides reliable liquidity and funding for housing finance and community investment.
This job is open to
Federal employees - Competitive service
Current federal employees whose agencies follow the U.S. Office of Personnel Management's hiring rules and pay scales.
Career transition (CTAP, ICTAP, RPL)
Federal employees whose job, agency or department was eliminated and are eligible for priority over other applicants.
Land and base management
Current or former employees of a base management agency.
Veterans
Veterans of the U.S. Armed Forces or a spouse, widow, widower or parent of a veteran, who may be eligible for derived preference
Military spouses
Military spouses of active duty service members or whose spouse is 100 percent disabled or died on active duty.
Individuals with disabilities
Individuals who are eligible under Schedule A.
Family of overseas employees
Family members of a federal employee or uniformed service member who is or was, working overseas.
Peace Corps & AmeriCorps Vista
Individuals who have served at least 2 years with the Peace Corps or 1 year with AmeriCorps VISTA.
Special authorities
Individuals eligible under a special authority not listed in another hiring path.
Clarification from the agency
All candidates who are: Current or former federal employees qualifying as Status Candidates, Federal employees currently serving on a VRA, VEOA eligibles, CTAP/ICTAP eligible, eligible for special hiring authorities (e.g., the Schedule A appointment for persons with disabilities, or covered by an Interchange Agreement), or VRA eligibles. (GS-11 only), or Land Management employees eligible under Public Law 114-47
Duties
The position is in the Office of Audits.
The following are the duties of this position at the EL-13. (Equivalent to the GS-13) However, 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.
- Assist in developing overall work plans, strategies, and objectives. Plan, direct, and execute audits related to the programs and operations of FHFA.
- Conduct audits, including determining what information should be reviewed, and when and how to obtain information; developing and/or modifying methods to ensure thorough and accurate data is collected; reviewing documentation, interviews, observations, sampling data, and case files; and setting up test programs to validate computer systems and other data.
- Develop audit reports explaining program differences from criteria and recommending improvements to program operations when necessary; and creating special reports as audits progress, covering program deficiencies where immediate corrective action is required.
- Review and finalize audit documentation and reports which are timely, well-written, complete, and supportive of the findings.
Requirements
Conditions of employment
- A probationary or trial 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
- 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.
- Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
- 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.
- File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
- Undergo an income tax verification.
-If you are retired from the Federal Government and are selected for this vacancy, your retirement annuity may be offset from your pay.
Key Requirements:
- Please refer to "Conditions of Employment."
- Must be U.S. Citizen or U.S. National
Ethics: FHFA-OIG employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions. In addition, certain FHFA-OIG employees are prohibited from accepting compensation from Fannie Mae and Freddie Mac for a two-year period after terminating employment with FHFA-OIG. Furthermore, to avoid financial conflicts-of interest or the appearance of conflicts-of-interest, FHFA-OIG employees may need to divest or sell certain assets they, their spouse, or minor children own or control, including securities issued by Fannie Mae, Freddie Mac, or the Federal Home Loan Banks. Employees who work on Federal Home Loan Bank issues may need to sell or divest financial interests with any of the Federal Home Loan Bank members, which may include stock in bank holding companies, insurance companies, and other financial services firms.
Qualifications
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 résumé.
You must meet the following requirements by the closing date of this announcement.
Specialized Experience
Specialized Experience for the EL-12, you must have one year (full 52 weeks) of specialized experience at a level of difficulty and responsibility equivalent to the EL-11 grade level in the Federal service. Specialized experience for this position is defined as:
- Experience developing audit plans, and modifying them during the course of audits to change areas of emphasis or approaches with minimal supervision; AND
- Experience conducting audits, including determining what information should be reviewed, and when and how to obtain information; AND
- Experience reviewing in-progress audits to ensure adherence to work plans and conformance with professional, regulatory, and quality requirements.
Specialized Experience for the EL-11, you must have one year (full 52 weeks) of specialized experience at a level of difficulty and responsibility equivalent to the EL-09 grade level in the Federal service. Specialized experience for this position is defined as
- Experience developing audit plans, and modifying them during the course of audits to change areas of emphasis or approaches with moderate supervision; AND
- Experience conducting audits, including determining what information should be reviewed, and when and how to obtain information
OR
You may substitute education for specialized experience as follows: 3 full years of progressively higher level graduate education leading to a Ph.D. or Ph.D. or equivalent doctoral degree.
OR
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 requirement, as well as the percentage of completed education compared to the requirement must equal at least 100 percent. Only graduate level education in excess of the first 36 semester hours (54 quarter hours) may be combined to be considered for qualifying education.
In addition to the above requirements, you must meet the following time-in-grade requirement, if applicable:
For the EL-12, you must have been at the EL/GS-11level for 52 weeks.
For the EL-11, you must have been at the EL/GS-09level for 52 weeks.
Education
Education Requirements:
A: Degree: auditing; or a degree in a related field such as business administration, finance, public administration or accounting.
OR
B: Combination of education and experience: at least 4 years of experience in Performance Auditing, or an equivalent combination of performance auditing experience, college-level education, and training that provided professional auditing knowledge. The applicant's background must also include one of the following:
1 - A certificate as a Certified Internal Auditor or a Certified Public Accountant, obtained through written examination; or
2- Completion of the requirements for a degree that included substantial course work in auditing or accounting, e.g., 15 semester hours.
Additional information
- We may select from this announcement or any other source to fill one or more vacancies.
- Relocation expenses may be paid.
- This is a non-bargaining unit position.
- Telework opportunities are offered per agency policy.
- We offer opportunities for flexible work schedules.
- Occasional travel may be required. However, many audits, inspections and evaluations are done locally, so there may be no travel required for periods of time
Our employees enjoy all the standard federal benefits, plus additional agency-specific benefits. Our benefits package includes:
-HEALTH INSURANCE: A variety of Federal Employee Health Benefit plans to choose from which can be paid from pre-tax income. FHFA-OIG pays 90% of the bi-weekly premium.
-DENTAL and VISION INSURANCE: 100% of the premium for employees and their family members (including domestic partners).
-401(k) PLAN: In addition to the Thrift Savings Plan (TSP), FHFA-OIG employees are eligible to participate in a separate agency-sponsored 401(k) plan. FHFA-OIG provides a 100% employer matching contribution of up to 5 percent of your salary that you contribute. The plan offers multiple investment options. Funds from qualified plans of previous employers can be rolled over to your 401(k) account.
-COMMUTING EXPENSES: FHFA-OIG provides monthly transportation and parking subsidies to employees who commute to work on public transportation. Employees who do not commute via public transportation may apply for free parking at the building.
-GYM: Free use of an on-site gym and locker room with shower facilities when at the HQ building.
-REIMBURSEMENTS and STIPENDS: Fees forprofessional licenses/certifications and professional liability insurance may be reimbursed. Health and Wellness stipends are provided to eligible employees each year for activities related to promoting a healthy lifestyle and work-life balance. Travel stipends are provided to employees who travel over 50 nights per fiscal year.
Learn more about Federal benefits programs at: USAJOBS Help Center - Benefits
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 Competency Based 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
.
Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How you will be evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
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):
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.
Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. You may be required to participate in a selection interview.
If you are a displaced or surplus Federal employee (eligible for the
Career Transition Assistance Plan(CTAP)/Interagency Career Transition Assistance Plan (ICTAP)) you must score 85 or better to be rated as "well qualified" to receive special selection priority.
To preview the application questionnaire:
https://apply.usastaffing.gov/ViewQuestionnaire/12979033
Required Documents
A complete application includes 1. A résumé, 2. Vacancy question responses, and 3. Submission of any required documents. 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 ensure all required documents, including any required work samples, narratives, or other materials as stated in this announcement, are attached to your application package
All applicants are required to submit a résumé either by creating one in USAJOBS or uploading one of their own choosing. (Cover letters are optional.) Please limit your résumé to 2 pages. If more than 2 pages are submitted, your resume will still be accepted, however only the first 2 pages will be reviewed and considered for qualifications and eligibility determination in whether or not the minimum qualifications for the position have been met. To receive full credit for relevant experience, please list the month/date/year and number of hours worked for experience listed on your résumé. We suggest that you preview the online questions, as you may need to customize your résumé to ensure that it supports your responses to these questions. For resume writing guidance, please visit USAJOBS Help Center - How do I write a resume for a federal job?
CURRENT AND FORMER FEDERAL EMPLOYEES -- Documentation Relating to Your Federal Employment:
- Submit a copy of your SF-50, Notification of Personnel Action, which shows your current (or most recent) grade and competitive service status. (The "position occupied" block on the SF-50 should show a "1" and your "tenure" block should show a "1" or "2".) Your SF-50 must show that you have held the required grade level for at least 52 weeks.
- If you are currently on a Veterans Recruitment Appointment (VRA), submit a copy of an SF-50 showing that. Also, you must submit a copy of your DD214 or other documentation showing dates of service and type of discharge and any other applicable documents such as SF-15, VA letters, etc.
- Indicate on your application the highest permanent grade you have held; if this grade is different from your current grade, submit a copy of an additional SF-50 showing this grade.
If you are a displaced or surplus Federal employee (eligible for the
Career Transition Assistance Plan(CTAP)/Interagency Career Transition Assistance Plan (ICTAP)) you must be assigned the middle category or better to be rated as "well qualified" to receive special selection priority.
If you are applying under a special hiring authority (e.g. Military Spouses, Interchange Agreement, VEOA, VRA, Schedule A Disability, etc.), please see USAJOBS Help Center - Unique Hiring Paths. In order to be eligible under one of these authorities, you must submit all required documentation as outlined in the applicant guide.
REINSTATEMENT: If you are a former federal employee that has been separated for at least 1 year and wish to be non-competitively reinstated to a higher grade or full performance level than which you left federal employment, you MUST provide a copy of your separation SF-50 (the "position occupied" block on the SF-50 should show a "1" and your "tenure" block should show a "1" or "2") AND you MUST submit a qualifying performance appraisal from your most recent career or career-conditional position of at least Fully Successful (or equivalent). You will NOT be given consideration for non-competitive reinstatement, under this option, if a performance appraisal document is not submitted.
EDUCATION DOCUMENTATION: For positions with an education requirement, or if you are qualifying for this position by substituting education or training for experience, you
MUST submit a copy of your transcripts or equivalent. An official transcript will be required if you are selected. A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to
Department of Education Accreditation page. If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency. Refer to the
OPM instructions.
How to Apply
FHFA-OIG has partnered with the Treasury's Bureau of the Fiscal Service to provide certain personnel services to its organization. Fiscal Service'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 and be considered for this position, you must complete all required questionnaires, 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. The application process is as follows:
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Click the Apply Online button.
- Answer the questions presented in the application and attach all necessary supporting documentation.
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Click the Submit Application button prior to 11:59 PM (ET) on the announcement closing date.
- If you are required to complete any USA Hire Assessments, you will be notified after submitting your application. The notification will be provided in your application submission screen and via email. The notification 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.
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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.
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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
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.
For more information regarding the job and applicant status, please refer to USAJOBS Help Center - How to see your application and job status
Your application status page is where you can view your application status, USA Hire assessment completion status, and review your notifications sent by the hiring agency regarding your application.
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 additional information on how to apply, please visit the Partnership for Public Service's
Go Government website.
Next steps
Based on your application and your responses to the application questionnaire, you may be presented with instructions on how to access the USA Hire system to complete the online assessments. The online assessments must be completed within 48 hours following the close of this announcement. You will have the opportunity to request a testing accommodation for the assessment should you have a disability covered under the Americans with Disabilities Act (ADA).
Your assessment results will be kept on record for one year and used toward future positions for which you might apply that require the same assessments.
Once the online questionnaire is received, you will receive an acknowledgement email that your submission was successful. We will review your résumé and transcript(s) (if appropriate) to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided and may interview the best-qualified applicants. After making a tentative job offer, we will conduct any required suitability and/or security background investigation.