Federal Housing Finance Agency

Position Title/Short Description

Full Text of JOE Listing:

Economist

•Open to US Citizens
•Located in Washington, DC

The Federal Housing Finance Agency (FHFA) is an independent federal agency established by the Housing and Economic Recovery Act of 2008 (HERA) to build a better secondary mortgage market.

FHFA is currently responsible for the oversight of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Bank System, which includes the 11 Banks. FHFA’s mission is to ensure the safety and soundness of those regulated entities to serve as a reliable source of liquidity and funding for housing finance and community investments.

The Division of Research and Statistics, Office of Economic Research is seeking multiple highly motivated entry-level economists with interests in financial economics, housing economics, secondary mortgage markets, financial economics, financial modeling.

Successful candidates will serve as a Research Assistant (RA) in a two year program working with senior level economists providing economic research and critical support for policy analysis. This program prepares RAs to pursue a graduate degree in the field of economics, or continue use of their passion of research in other in positions across industry and government.

Selected candidates will conduct research/analysis on housing programs, risk-based capital, house price indexes, financial institutions and markets, secondary mortgage market operations, and other related topics to identify significant and emerging risks such as market, interest rate, operational and credit risks. Opportunities may involve any or a combination of research, policy, or analysis.

Ideal candidates must possess a Bachelors degree in economics that included at least 21 semester/31 quarter hours in economics and 3 semester/4 quarter hours in statistics, accounting, or calculus. Candidates must demonstrate effective written and oral communication skills.

Salary is dependent on education and experience.

FHFA employees enjoy all the standard federal benefits plus additional agency-specific benefits and competitive salaries not tied to the traditional Governments General Schedule pay system.


US Citizenship required
FHFA is an Equal Opportunity Employer