Account Executive

Account Executive

The Office of Housing provides vital public services through its nationally administered programs. It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, and regulates important parts of the housing industry. The Office of Housing is committed to building and preserving healthy neighborhoods and communities through homeownership, rental housing and healthcare opportunities.

The Office of Multifamily Housing is responsible for the overall management, development, direction and administration of HUD's Multifamily Housing Programs. HUD's Multifamily programs provide mortgage insurance to HUD-approved lenders to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing projects. MFH is widely responsible for production, asset management and portfolio oversight, and recapitalization of assisted properties, and field operations. As part of the National Housing Act of 1934, Congress created the Federal Housing Administration (FHA) which later became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965.

The following are the duties of this position at the GS-11. 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.

As an Account Executive, you will:

• Be responsible for providing recommendations to the Senior Account Executive and/or the Branch Chief for all loan level and deal level credit decision making. Works with Production staff to provide input on new loan applications including information about market conditions, management agent and owner.
• Contribute to portfolio management and oversight:
• Review and analyze property-level financial statements, including monthly accounting reports and other property financial data.
• Review of annual operating budgets, rent levels on properties including any subsidized assets in the assigned portfolio.
• Participate in monthly review of the Watchlist assets. Monitor the portfolio for potential or imminent defaults and proactively communicate relevant pre-default information to the Senior Account Executive and/or Branch Chief.
• Serve as HUD's primary point of contact for projects assigned for owners/management agents, tenants, Federal, State and local governmental agencies, congressional interests, other external organizations and senior level managers.