Federal Deposit Insurance Corporation

Asset Management Specialist, CG-1101-13

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in asset management or related fields
  • Specialized experience in analyzing loan data at banks or finance companies
  • Experience preparing complex financial case memoranda
  • Ability to analyze personal and corporate financial statements
  • Familiarity with industry standards and compliance in asset management

Responsibilities

  • Analyze financial data to influence Division policies and objectives
  • Prepare case memoranda for large, complex asset dispositions
  • Draft Statements of Work for asset management services
  • Stay updated on asset management industry trends
  • Recommend changes in policies and operational procedures based on analysis

Benefits

  • Comprehensive federal benefits package for employees and their families
  • Additional FDIC-specific benefits that are highly competitive
  • Access to resources aimed at career development and professional growth
  • Opportunity for meaningful public service roles
  • Potential for relocation to various major U.S. cities with a supportive work environment
Full Job Description
Summary

This position is located in the Division of Resolutions and Receiverships, Asset Marketing and Management of the Federal Deposit Insurance Corporation. The incumbent is responsible for the management and resolution of loans and other assets that have been acquired from failed financial institutions or have been included in a Shared Loss Agreement or a Joint Venture Agreement with FDIC.

Duties

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  • Analyzes data related to the financial institution industry, recommending or presenting to the supervisor findings that may affect certain Division policies, business initiatives, or goals and objectives.
  • Analyzes or assists in preparing case memoranda for the disposition of large, complex assets, which may entail analyzing personal and corporate financial statements, budgets, appraisals, and net present value calculations.
  • Prepares or assists in preparing Statements of Work for the procurement of asset management-related contract services such as property management and appraisals.
  • Keeps current on industry matters related to asset management in order to recommend appropriate changes in Division policies, guidelines, or operational procedures.


Requirements

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Conditions of employment

Registration with the Selective Service.

U.S. Citizenship is required.

Employment Conditions.

Completion of Confidential Financial Disclosure may be required.

Minimum Background Investigation (MBI) required.

Qualifications

Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic, religious/spiritual; community; student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Additional qualifications information can be found here.

To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-12 grade level or above in the Federal service. Specialized experience is defined as: Experience serving as a relationship manager at regional or national banks, commercial finance companies, or private equity firms analyzing and underwriting loan level information to support credit decisions or risk assessments involving commercial assets.

Applicants must have met the qualification requirements (including selective placement factors - if any) for this position within 30 calendar days of the closing date of this announcement.

Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 "well qualified" for this position. For more information, click here.

For qualification determinations, your resume must contain the following for each work experience listed:

  • Organization/Agency's Name
  • Title
  • Salary (series and grade, if applicable)
  • Start and end dates (including the month and year)
  • Number of hours you worked per week
  • Relevant experience that supports your response to the specialized experience that is stated in the job announcement


If your resume does not contain this information, your application may be marked as incomplete and you may not receive consideration for this position.

NOTE: Please indicate how you meet the specialized experience under each applicable position. Do not copy and paste the duties or specialized experience from this announcement into your resume as that will not be considered a demonstration of your qualifications.

Education

There is no substitution of education for the experience for this position.

Additional information

Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement.

If selected, you may be required to serve a probationary or trial period as applicable to appointment type. During the probationary or trial period, you will be evaluated for fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider:

  • your performance and conduct;
  • the needs and interests of the agency;
  • whether your continued employment would advance organizational goals of the agency or the Government; and
  • whether your continued employment would advance the efficiency of the Federal service.


Upon completion of your probationary or trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 27.26% to a high of 40.07%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.

To read about your rights and responsibilities as an applicant for Federal employment, click here.

This position may be filled in either Dallas, TX, Washington, DC. or New York, NY. However, relocation expenses are not authorized for selectees currently assigned or located within the local commuting area of Dallas, TX, Washington, DC or New York, NY

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Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

Benefits

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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. Opens in a new windowLearn more about federal benefits.

In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors.

To find out more, click here.

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.

About Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions. The FDIC was created by the 1933 Banking Act during the Great Depression to restore trust in the American banking system. The FDIC provides deposit insurance which currently guarantees checking and savings deposits in member banks up to $250,000 per depositor, per insured bank, for each account ownership category. The FDIC also examines and supervises certain financial institutions for safety and soundness, performs certain consumer-protection functions, and manages receiverships of failed banks. The FDIC is headquartered in Washington, D.C.
Learn more about Federal Deposit Insurance Corporation
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6,975 employees
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