Federal Deposit Insurance Corporation

Deputy Director, Financial Operations, EM-0501-00

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

Qualifications

  • 5-7 years of leadership experience in financial operations at a management or executive level.
  • Demonstrated experience in overseeing financial policies and compliance for large-scale operations.
  • Expertise in procurement and contract management, including compliance with regulations.
  • Experience in analyzing and presenting financial reports to executive leadership.
  • Ability to develop and implement financial management systems to enhance efficiency.

Responsibilities

  • Advise the FDIC leadership on financial operations, ensuring sound internal controls.
  • Represent the FDIC in financial discussions with regulatory agencies and stakeholders.
  • Review and evaluate complex financial proposals and recommend improvements for business processes.
  • Prepare and present financial briefings and reports to the Board of Directors.
  • Oversee contract administration and ensure compliance with procurement policies.
  • Manage the FDIC employee relocation program and related financial decisions.
  • Direct the planning and implementation of financial systems to improve operational effectiveness.

Benefits

  • Comprehensive benefits package for federal employees with competitive options.
  • Basic life insurance coverage equivalent to 3 times salary for Executive Managers.
  • Minimal-cost health insurance options available to employees and their families.
  • Access to retirement plans and savings options as a federal employee.
Full Job Description
Summary

This position is located in the Division of Finance of the Federal Deposit Insurance Corporation in Washington, D.C.

Salary reflects a pay cap for this position of $315,000.

Duties

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  • Serves as the Corporation's authoritative representative and advisor for the Director of DOF, the Chief Financial Officer (CFO), the Chief Operating Officer (COO), the Chairman, and/or FDIC Board of Directors regarding the FDIC's receipts, disbursements, vendor management, tax analysis and reporting, travel management, and employee relocation programs. Within these organizational areas, the incumbent exercises responsibility for development and coordination of operational policies and procedures; ensures operations are conducted in an environment with sound internal controls; provides related operational and technical support for all FDIC operational areas; and defines operational objectives and new initiatives for the organization.
  • Represents the Corporation in coordinating activities of FDIC's receipts, disbursements, vendor management, tax analysis and reporting, travel management, and employee relocation operations and methods at various meetings and conferences conducted by the Corporation, other financial regulatory and audit agencies, financial institutions, and private industry. As part of these contacts, the incumbent articulates Corporate policies and procedures and gains the continued cooperation and support of top policy-making officials within and outside of the FDIC.
  • Commissions, reviews, analyzes, and evaluates studies, reports, complex proposals, recommendations and questions regarding areas of responsibility and utilizes this input to implement prudent business process improvement initiatives.
  • Prepares and presents to the Board of Directors, on behalf of senior corporate management, a wide range of Board cases and briefings within the incumbent's areas of responsibility. In preparation for such presentations, the incumbent independently briefs FDIC Board members, and their staff, in advance of Board meetings. As needed, provides additional information requested and addresses any issues raised.
  • Provides executive oversight of the planning, direction and coordination of activities associated with the award and administration of program-related contracts, procurement actions, and other acquisition functions. Ensures compliance with procurement regulations, established policies and procedures, and sound business practices.
  • Under delegated authority, approves and/or recommends annual expenditures for travel and relocation, and implements policy changes and policy guidance for travel and relocation programs. Oversees the management of the Corporate relocation contract responsible for all FDIC relocated employees' residences. Responsibility for this portfolio involves all decisions affecting carrying periods, sales, repairs, and all other items to market employee homes. Oversees the policies for the review and evaluation of real estate appraisals and works with the contractor to determine appropriate marketing strategy for these assets.
  • Plans, manages, directs, and evaluates the Corporation's existing and proposed Financial Operations' programs, which provides full disclosure of business activities and results; adequate financial information needed for management reporting; and overall planning for the functional direction of receipts, disbursements, and travel systems.
  • Directs development of appropriate implementation plans within designated timeframes for necessary changes to policies and procedures that may be required by pending legislation, standard accounting policy, or changes to FDIC regulations (including regular duty and relocation travel regulations).
  • Directs planning, development. implementation, documentation, and reporting of existing legacy systems and new or significantly revised financial management systems designed to ensure and enhance operational effectiveness.
  • Through direct supervision, and via subordinate supervisors, performs the full range of personnel management duties, including the following: assigning, managing, developing, training, recruiting, and effectively utilizing organizational personnel; directing the timely and proper completion of the work assigned; assessing work performance and correcting deficiencies as noted; promoting continuing employee development; recommending personnel actions to the DOF Director, including organizational staffing adjustments, classification changes based on projected workload and productivity, promotions, awards, reprimands, and/or terminations; providing the DOF Director input regarding staffing level and grade distribution for the organization; implementing the FDIC's employee performance management programs, including second-level review of appraisals; holding staff meetings; supporting equal employment opportunity programs; and fulfilling labor relations responsibilities.


Requirements

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Conditions of employment

2-page Resume Requirement: Please limit your résumé 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.

Employment Conditions

High Risk Position- Background Investigation (BI) required.

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

As a condition of employment for accepting this position, you will be serving in a position in Schedule Policy/Career of the excepted service. You will obtain competitive status after two years of service in this position [if applicable]. Your employment in this position will be at-will. Merit Systems Protection Board (MSPB) appeals of adverse actions concerning performance, discipline, and other matters arising under chapters 23, 43, and 75 of title 5, United States Code will not be available to an individual serving in this position. Prohibitions on prohibited personnel practices will be enforced by the Office of General Counsel [or agency equivalent position] and not the Office of Special Counsel.

Qualifications

To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through progressively responsible management or executive-level assignments.

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.

MINIMUM QUALIFICATIONS: All applicants must submit a resume that addresses 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 initiatives undertook; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented leadership words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments (e.g., number of employees supervised). Leadership experiences identified must have been performed in an official supervisory role.

Leadership Experience 1: Experience overseeing and coordinating the work of organizational units directly and indirectly through subordinate supervisors, including assigning work; directing changes to programs and priorities; and evaluating performance against goals; AND

Leadership Experience 2: Experience managing employee performance and growth directly and indirectly through subordinate supervisors, including evaluating employee readiness for successive roles; recognizing accomplishments, providing feedback and development opportunities, and addressing performance/conduct issues; AND

Technical Experience 1: Experience providing guidance on financial policies, internal controls, and compliance requirements for large scale operations involving receipts, disbursements, vendor management, tax analysis and reporting, travel management, and employee relocation programs; AND

Technical Experience 2: Experience overseeing the planning, coordination, and execution of procurement and contract actions including acquisition strategies, compliance with procurement regulations, and monitoring contractor performance; AND

Technical Experience 3: Experience developing and delivering financial reports and forecasts to support executive level decision making and briefings; AND

Technical Experience 4: Experience in the development of financial management systems and the promotion of innovative solutions designed to drive operational efficiency and effectiveness.

Education

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

Additional information

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.

This position is in the Excepted Service.

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

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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.

The FDIC offers comprehensive 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.

In addition, under FDIC's Group Life Insurance Program, basic life insurance coverage for Executive Managers is automatically equal to 3 times their salary (rounded to the next higher thousand) up to a maximum of $800,000. Executives may also choose from two other lower coverage options. The Corporation pays for the cost of the basic coverage unless employees also elect to be covered under the Federal Employees Group Life Insurance Program (FEGLI).

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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.
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