Summary

This position is located in the Division of Resolutions and Receiverships (DRR), Resolution Strategy Branch, Franchise Analysis & Marketing Section of the Federal Deposit Insurance Corporation in either Dallas, TX, New York City, NY, or Washington, D.C.

Salary reflects a pay cap for this position of $277,500.

Duties

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As the Chief, Least Cost Modeling and Valuations, the incumbent is responsible for the following:

• Primary responsibility for developing, maintaining, and applying the Least Cost Test to all resolution transactions. Serves as a project leader and manager in the Resolution Strategy Branch. Develops policy and oversees resolutions of failing institutions as well as various projects related to resolutions nationwide.
• Develops and/or interprets policies and oversees responsibility for all aspects of the least cost resolution process. Monitors the application of policies by staff and provides justifications for major program changes as appropriate. Monitors and evaluates program effectiveness and execution to ensure overall efficiencies. Stays abreast of current resolution issues and solicits input from subordinates for determining when policy and operational procedural changes are needed.
• Analyzes or oversees the analysis of proposals to mitigate risk to the insurance fund.
• Develops comprehensive business and strategic plans to facilitate accomplishment of Division goals and objectives including directing and/or engaging in a variety of special assignments, projects, and activities as maybe required.
• Reviews, evaluates and recommends proposals submitted by bidders. Evaluates information regarding new developments in complex asset types, evolving financial risks, and least cost test methodologies.
• Provides advice and guides staff personnel regarding planning, directing, reviewing, analyzing, and coordinating the division's policies, guidelines, and procedures. Interprets policies, procedures, and guideline materials for inclusion in various operational manuals.
• Establishes and maintains continuing liaison with counterparts in other organizational elements of the Corporation and officials of other regulatory agencies. Serves as the principal liaison for coordinating activities with and obtaining resources from various external organizations, e.g., Division of Complex Institution Supervision and Resolution, Legal Division, Division of Risk Management Supervision, Division of Finance, etc., involved in the resolutions processes.
• Represents the Division in top level studies and projects crossing organizational lines, and on Corporate and senior Division committees and provides oral and written presentations to FDIC's Board of Directors, Chairman, and senior management officials as well as officials of other agencies.
• Exercises supervisory personnel management authority and performs the full range of performance management duties to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback to others on their performance.
• Identifies training and developmental needs for staff and provides regular recognition of staff. Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action. Hears and resolves grievances or other disputes as appropriate. Approves/ disapproves requests for leave, telework, travel, training, etc.

Requirements

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Conditions of employment

2-page Resume Requirement: Please limit your resume to 2 pages (minimum 10-point font). If more than 2 pages are submitted, only the first 2 pages will be reviewed to determine your eligibility/qualifications.

Registration with the Selective Service.

U.S. Citizenship is required.

Employment Conditions.

This position requires the selectee to file a conditional financial disclosure report (OGE Form 450) as a condition of employment.

Employee may be relocated to any duty location to meet management needs.

This position requires a High Risk/Non-sensitive Background Investigation (BI).

Qualifications

To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through serving in roles that require managing projects/teams or guiding the technical work of others.

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, skills, and abilities and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

MINIMUM QUALIFICATIONS: All applicants must submit a resume that address each minimum qualification experience. Examples should be clear, concise, and emphasize your level of responsibilities; the scope and complexity of the programs, activities, or services you managed; program accomplishments; policy initiates undertook; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments (e.g., number of employees supervised).

Leadership Experience: Experience in leading and coordinating projects, including establishing expectations, reviewing work products/services, monitoring progress, and providing guidance and feedback to team members; AND

Technical Experience 1: Experience in conducting complex and difficult resolution activities and analysis in response to failed or failing financial institutions; AND

Technical Experience 2: Experience in leading teams conducting projects associated with resolution operations.

Education

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

Additional information

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

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.

If selected, you may be required to serve a supervisory/managerial probationary period.

Additional selections may be made from this vacancy annoucement to fill identical vacancies that occur subsequent to this annocement.

This position is a Corporate Manager, CM-00 which is equivalent to above the CG/GS-15.

This is a recommended minimum Step 5 position.

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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.

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.

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.