Deputy Inspector General For Audits

DutiesSummary

FHFA regulates and supervises Fannie Mae, Freddie Mac, and the Federal Home Loan Banks (the Government Sponsored Entities (GSEs)). FHFA's primary mission is to ensure that the GSEs operate in a safe and sound manner and support a stable, liquid, and efficient mortgage market, including sustainable home ownership and affordable housing.



Responsibilities
As a DEPUTY INSPECTOR GENERAL FOR AUDIT, you will:


• Exercise effective management control over all facets of audit activities within OA to promote the economy, efficiency, and effectiveness of FHFA’s programs, and protect it and its regulated entities against fraud, waste, and abuse.
• Provide leadership, guidance, and direction to the Assistant Inspector General for Audits (AIGA), subordinate supervisors, and OA staff on a broad range of highly complex audit assignments.
• Recommend the FHFA OIG position on audit standards, procedures, and other guidelines proposed by the Comptroller General of the United States, the Office of Management and Budget, the Council of Inspectors General on Integrity and Efficiency, and other Federal and private professional organizations.


Travel Required

Not required

Supervisory status

Yes

Promotion Potential

01

• Job family (Series)

  0511 Auditing

  Similar jobs
  • Accountants
  • Accountants And Auditors
  • Auditors
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  • Field Auditors

• Requirements

  RequirementsConditions of Employment
  • Please refer to "Conditions of Employment."
  • Click "Print Preview" to review the entire announcement before applying.

  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.

  Qualifications

  You must meet the following requirements by closing date of this announcement.

  Basic Requirements:
  
  Degree: accounting, auditing; or a degree including auditing courses in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law.
  
  OR
  
  Combination of education and experience: at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:
  1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
  2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
  3.Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.
  
  Specialized experience:

  For the LL-1 you must have one year of specialized experience at the GS/EL-15 or equivalent level. Specialized experience for this announcement includes all of the following:
  
  • Providing leadership, guidance and direction to subordinate supervisors and staff in an audit organization on a broad range of audit assignments. AND
  • Exercising effective management control over all facets of audit activities within an audit organization to promote the economy, efficiency, and effectiveness of the programs and operations of the entity(ies) audited, and to protect those programs and operations against fraud, waste, and abuse.
  
  Time After Competitive Appointment: Candidates who are current federal employees serving on a non-temporary competitive appointment must have served at least 3 months in that appointment. Education

  Education Requirements:

  Degree: accounting, auditing; or a degree including auditing courses in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law.
  
  OR
  
  Combination of education and experience: at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:
  1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
  2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
  3.Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.
  
  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.

  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.
  • We offer opportunities for telework. (As determined by agency policy)
  • We offer opportunities for flexible work schedules.
  
  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.
  
  CONDITIONS OF EMPLOYMENT:
  
  • A one year supervisory or managerial 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.
  • 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.
  • 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.
  • Public Trust – Background Investigation will be required.
  
  
  How You Will Be Evaluated

  You will be evaluated for this job based on how well you meet the qualifications above.

  Your application includes your résumé, responses to the online questions, and required supporting documents. Please be sure that your résumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your résumé may result in a “not qualified” determination.
  
  Rating: Your application will be evaluated in the following areas: Technical & Leadership. Your application will be rated and ranked among others, based on your responses to the online questions, regarding your experience, education, training, performance appraisals and awards relevant to the duties of this position. Your rating may be lowered if your responses to the online questions are not supported by the education and/or experience described in your application.
  
  Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration.
  
  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 receive a score of 95 or better to be rated as “well qualified" to receive special selection priority.

  
  
  To preview questions please click here.
  
  Background checks and security clearanceSecurity clearance

  Not Required

  Drug test required

  No

• Required Documents

  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).
  
  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.) 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. Please view résumé tips.
  
  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”.)
  • 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.
  
  CAREER TRANSITION ASSISTANCE PLAN (CTAP) OR INTERAGENCY CAREER TRANSITION ASSISTANCE PLAN (ICTAP) DOCUMENTATION: If you are a displaced or surplus Federal employee, click CTAP/ICTAP for eligibility and a detailed list of required documents.
  
  If you are applying under a special hiring authority (e.g. Military Spouses, Interchange Agreement, VEOA, VRA, Schedule A Disability, etc.), please see applicant guide for required documentation. In order to be eligible under one of these authorities, you must submit all required documentation as outlined in the applicant guide.
  
  EDUCATION DOCUMENTATION: For positions with an education requirement, or if you are qualifying for this position by substituting education or training for experience, submit a copy of your transcripts or equivalent. An official transcript will be required if you are selected. If the position has specific education requirements and you are currently (or have previously been) in the Federal job series to be filled, there is no need to submit a transcript or equivalent at this time. 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.

  If you are relying on your education to meet qualification requirements:

  Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.

  Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

• Benefits

  Benefits

  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. Learn more about federal benefits.

  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 INSURANCE: 100% of the premium for employees and their family members. There is a $2,500 annual maximum per employee and a separate orthodontic benefit for dependent children to age 19 (Annual deductible apply)
  VISION INSURANCE: 100% of the premium for employees and their family members. (Co pay applies). Coverage includes reimbursement according to a fee schedule for eye examinations, frames and contact lenses once every 12 months.
  401 (K) PLAN: FHFA-OIG employees may contribute up to 10% of their pay annually on a before-tax basis (subject to IRS limits).
  COMMUTING EXPENSES: FHFA-OIG provides monthly transportation and parking subsidies to employees who commute
  to work on public transportation.
  GYM: Free use of an on-site gym and locker room with shower facilities.

  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.

• Individuals with disabilities
• Federal employees - Competitive service

  Current or former competitive service federal employees.

• Career transition (CTAP, ICTAP, RPL)

  Federal employees who meet the definition of a "surplus" or "displaced" employee.

• Land & base management

  Certain current or former term or temporary federal employees of a land or base management agency.

• Military spouses
• Family of overseas employees

  Family members of a federal employee or uniformed service member who is, or was, working overseas.

• Peace Corps & AmeriCorps Vista
• Special authorities

  Individuals eligible under a special authority not listed above, but defined in the federal hiring regulations.

• Veterans

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 3. Land Management employees eligible under Public Law 114-47