Senior Vice President & Chief Risk Officer

Summary

The position is located in the Department of Housing and Urban Development (HUD), Government National Mortgage Association (GNMA). HUD is seeking highly qualified individuals who are willing to meet the challenges of public service and support our mission. We offer salaries comparable to the private sector service and a generous benefits package. We also offer a broad array of program activities to develop your career, such as networking and training opportunities.

At Housing and Urban Development, you'll have a once-in-a-lifetime opportunity to gain insight into housing policy and community development. Also, you can explore new career avenues and most of all, acquire lifelong skills as you represent the federal government. The GNMA or Ginnie Mae is the primary financing mechanism for all government‑insured or government mortgage loans.

• Opening and closing dates: 06/04/2026 to 07/02/2026
• Service:
  Senior Executive Service
• Appointment type:
  Permanent

1 vacancies in the following location:

Telework eligible:
Yes – as determined by the agency policy

This position is located in the Office of Enterprise Risk, Government National Mortgage Association (Ginnie Mae) and serves as Senior Vice President & Chief Risk Officer (CRO) of Ginnie Mae.

Ginnie Mae is a wholly owned corporate instrumentality of the United States within the Department of Housing and Urban Development (HUD).

The Office of Enterprise Risk (OER) provides the framework for risk management, identifying events or circumstances relevant to Ginnie Mae's objectives (risks and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress. By identifying and proactively addressing risks and opportunities, Ginnie Mae protects and creates value for its stakeholders, including the U.S. Government, investors, lenders, issuers, homeowners, and renters.

• The candidate for this position reports to the Executive Vice President (EVP) and is responsible for the risk management strategies of Ginnie Mae's MBS programs and support program offices. Combined, these program offices manage approximately $2.9 trillion in guaranteed mortgage‑backed securities outstanding.
• The incumbent is responsible for Ginnie Mae's Enterprise Risk Committee, which is the CRO's primary forum for leading and coordinating executive and senior management involvement in discussions and decisions regarding enterprise risk issues. Through the Enterprise Risk Committee, the CRO ensures that Ginnie Mae has developed, and continues to maintain, a robust enterprise risk framework by establishing enterprise‑wide policies and procedures for risk management throughout the organization;
  
  monitoring aggregate risk and compliance with risk policies; and delegating to program offices primary responsibility for day‑to‑day risk management inherent in their activities.

Through a staff of approximately 25 government employees and 100 subordinate directors, managers and professional staff, the candidate:

• Directs the planning and execution of major projects, studies, and analyses of corporate risk issues and evaluates housing market conditions. The CRO formulates innovative approaches and strategies to quantify credit, market, counter party, and operational risks. Such determinations include comprehensive coverage, identification, and resolution of major challenges and conflicts; and the recommendation and negotiation of program initiatives and formulation of innovative proposals to mitigate, address and resolve risk issues.
• Directs the independent assessment of exposure to credit, market, counter party and operational risk across Ginnie Mae; develops risk policies to which the business areas must comply to avoid business that may be detrimental to Ginnie Mae and/or is outside of acceptable risk boundaries; identifies key business risks, monitoring compliance with risk limits, reporting exceptions and recommending the suspension of business practices detrimental to Ginnie Mae;
  
  and facilitates communications across the different business areas in order to provide senior management with an…