Summary

This position is located in Division of Risk Management Supervision Capital Markets, Accounting, and Policy Branch, Exam Support Section and is responsible for providing support in all pertinent matters relating to policy and supervision for capital markets risk, capital markets risk management techniques, and the economic and regulatory capital requirements of financial institutions.

Additional selections may be made from this announcement to fill identical vacancies that arise later.

Duties

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At the full performance level, major duties include:

• Serves as a subject matter expert in the development of recommendations on agency and/or interagency policy and guidance with respect to regulatory capital, liquidity, interest rate risk, capital markets instruments, activities, and strategies (including structured products, trading activities and derivatives activities); and other supervisory and examination issues.
• Serves as a subject matter expert in the analysis and examination of bank and non-bank financial institution activities including stress testing exercises, market risk reviews, capital markets related horizontal reviews, market making and underwriting metrics, derivatives activities (including hedging), and other similar data intensive or model-based analyses.
• Provides technical examination and supervisory guidance, advice, and assistance to RMS Washington Office management and staff, RMS regional and area office management, RMS Regional Capital Markets Specialists, other regional and area office staff, and field examination staff primarily in areas of liquidity, sensitivity to market risk, securities, regulatory capital, and other capital markets related matters.
• Assists in the development of Division policies and revised supervisory approaches to the examinations that relate to liquidity, sensitivity to market risk, securities, regulatory capital, and other capital markets related matters.
• Evaluates the potential impact of regulatory and capital markets changes on the general economy, the banking industry and the Deposit Insurance Fund in developing recommended actions for purposes of promoting safety and soundness or protecting the financial stability of the United States.
• Conducts financial and capital markets research and analyses of complex financial instruments and analyzes the impact that such would have on the actions and activities of bank and non-bank financial institutions.
• Performs research and develops analytical reports on segments of complex capital markets issues regarding capital market instruments, insured institution's use and involvement with/in capital markets and the associated risks. Analyzes the actual and potential impact of capital, earnings, liquidity and market risks to insured financial institutions.
• Keeps abreast of trends and developments in the field of finance, economics and law related to financial institutions. Keeps abreast of trends and developments in portfolio management and trading strategies utilized by financial institutions.

Requirements

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Conditions of employment

Completion Of 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.

CG-13: Applicants must complete one year of specialized experience equivalent to the 12 level or above in Federal service. Specialized experience is defined as:

• Conducting examinations of financial institutions and/or assisting in the development of, or analysis and compliance with, policies related to regulatory capital, liquidity, interest rate risk, capital markets instruments, activities, and strategies.

CG-14: Applicants must complete one year of specialized experience equivalent to the 13 level or above in Federal service. Specialized experience is defined as:

• Conducting examinations of financial institutions and independently developing or analyzing compliance with policies related to regulatory capital, liquidity, interest rate risk, capital markets instruments, activities, and strategies; and analyzing financial institutions' capital markets activities to identify instruments or strategies posing institution-level or systemic U.S. financial risk.

In addition to the qualification requirements above, you must meet the following selective factor:

• Must be a commissioned FDIC Financial Institution Examiner (Risk Management) or hold a Risk Management Examiner commission from another comparable organization as determined by the FDIC.

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.

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

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.

Financial Institution Examiners must maintain the highest personal ethical standards as provided in Part 336 of the FDIC's Rules and Regulations, (Employee Responsibilities and Conduct). Financial Institution Examiners must comply with Section 3201.102 of Supplemental Standards of Ethical Conduct for FDIC Employees (5 CFR Part 3201), which, in part, prohibits them and their immediate families from accepting certain credit from State nonmember banks.

All Financial Institution Examiners are prohibited from the following:

1. Obtaining a loan or a line of credit from any insured state nonmember bank or its subsidiaries. Any extensions of credit held by the Examiner, the Examiner's spouse, or any dependent children are direct or indirect extensions of credit to the Examiner.

Exceptions:

a. Loans for a primary residence are permissible. The Examiner must not participate in any examination of that institution with which he holds the primary residence loan, and a "cooling off" period is required before negotiating a loan for a primary residence from any institution the Examiner has examined.

b. No restrictions on obtaining credit cards issued under the same terms and conditions available to the public from an insured state nonmember bank either within or outside of their field office of assignment.

2. Participating in any examination, or other matter, involving an insured depository institution or any person with whom the Examiner has an outstanding loan or line of credit.

3. Performing any service for compensation with any bank, or for any officer, director, or employee thereof, or for any person connected therewith.

4. Disclosing any confidential information from a bank examination report except as authorized by law.

5. Soliciting or accepting any gift from a prohibited source or because of the Examiner's official position.

Salary reflects a pay cap for this position of $257,500.

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.