Become a Financial Economist at the Department of Housing and Urban Development
The U.S. Department of Housing and Urban Development (HUD) is looking for a seasoned Financial Economist to contribute to the agency's critical mission of ensuring stable and affordable housing across the United States. This GS-14 position offers a unique opportunity to shape the future of the Federal Housing Administration (FHA) through high-level economic research, risk assessment, and financial modeling.
Job Responsibilities
As a Financial Economist, you will:
- Build and maintain econometric models for actuarial reviews of FHA funds.
- Provide expert policy advice regarding underwriting and premium structures.
- Lead technical liaison activities with partners like the OMB and GAO.
- Maintain the integrity of cash flow projections used for federal audit reports.
Requirements
To qualify for this GS-14 role, you must possess one year of specialized experience equivalent to the GS-13 grade level. This includes:
- Conducting risk assessments for the housing sector.
- Assisting in the development of econometric research.
- Meeting all federal employment standards, including background investigation and U.S. citizenship.
Salary and Grade Comparison
| Level | Salary Range | Location |
|---|---|---|
| GS-14 | $143,913 - $187,093 | Alexandria, VA |
Benefits
HUD provides a robust suite of benefits, including extensive retirement plans, health insurance, and the flexibility of alternative work schedules to maintain a healthy work-life balance.
Application Tips
- Your resume must be formatted correctly with 0.5-inch margins and clear fonts.
- Focus on quantifiable achievements regarding your economic research.
- Ensure all required transcripts are attached to avoid disqualification.
This role is an excellent fit for economists who want to use their technical expertise to drive national housing success. If you are prepared to join a team dedicated to economic transparency and stable growth, we encourage you to apply before the July 9th deadline.
Why This Financial Economist Job Matters
Shape the future of American housing by leveraging your expertise in econometric modeling and risk assessment at the U.S. Department of Housing and Urban Development.
Financial Economist Job Overview
The Department of Housing and Urban Development (HUD) is seeking a highly analytical Financial Economist to join the Office of Risk Management. In this GS-14 role based in Alexandria, Virginia, you will play a pivotal role in maintaining the financial health of the Federal Housing Administration (FHA). You will be responsible for developing sophisticated econometric models, advising senior leadership on mortgage insurance policies, and ensuring the integrity of cash flow estimates for global mortgage insurance programs.
Requirements for Financial Economist
- U.S. Citizenship or National status.
- Completion of a one-year probationary period.
- Successful background investigation for a Public Trust position.
- Registration with the Selective Service System (for male applicants born after Dec 31, 1959).
- Ability to obtain and use a government-issued travel charge card.
- Possession of a degree in Economics including at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus (or equivalent combination of education and experience).
Preferred Qualifications for Financial Economist
- Expertise in performing financial and risk assessments within the single-family, multifamily, or healthcare housing sectors.
- Proven track record in developing research designs for economic models regarding public finance, labor, or microeconomics.
- Experience in technical policy liaison work with Federal oversight entities like the OMB or CBO.
- Strong oral and written communication skills for presenting technical information to senior leadership.
Federal Benefits & Perks
- ✓Competitive Federal Salary
- ✓Flexible and Alternative Work Schedules
- ✓Comprehensive Federal Health Insurance
- ✓Retirement Savings Plans (TSP)
- ✓Paid Federal Holidays and Leave
- ✓Life Insurance Options
💡 How to Apply Financial Economist Job & Insider Tips
Application Steps for Financial Economist Job
- Log into your USAJOBS account.
- Complete the online questionnaire.
- Upload a professional resume (maximum 2 pages, specific font requirements).
- Submit official transcripts or credentialing documentation.
- Confirm the submission of any required veteran or career transition documentation.
- Verify application status via the USAJOBS tracker.
💡 General Tips
- Ensure your resume explicitly lists the month, day, and year of employment along with hours worked per week.
- Use a readable font such as Arial or Calibri with a minimum size of 10 points.
- Verify your email address and ensure your mailbox is not blocking messages from federal domains.
- Review the vacancy questionnaire thoroughly before beginning the submission process.
- Submit your application early to allow for the automated virus scan of uploaded documents.
Frequently Asked Questions
What is the primary mission of this role?
You will serve as a Financial Economist providing independent risk assessments for the Federal Housing Administration, ensuring the accuracy of financial forecasts and advising on insurance policy.
Is this position eligible for telework?
Yes, this position is eligible for telework as determined by agency policy.
Are relocation expenses covered?
No, relocation expenses and recruitment incentives are not paid for this position.
What is the security level for this position?
This is a Moderate Risk Public Trust position.
Can I update my application after submission?
Yes, provided the vacancy announcement remains open.
Job from Assistant Secretary For Housing-Federal Housing Commissioner
HUD is the primary agency responsible for national policy and programs that address America's housing needs. The Office of Housing manages the FHA—the world's largest mortgage insurer—and is committed to fostering economic development and community revitalization. Joining the Office of Risk Management means working at the intersection of public policy and financial health.
