Federal Deposit Insurance Corporation

Regional Director, EM-0301-00 (Chicago Regional Office) (Merit Promotion)

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

Qualifications

  • Minimum three years of management experience in government or private sector overseeing organizational units.
  • Minimum three years of management experience applying strategic vision to actionable priorities.
  • Minimum three years of management experience identifying and addressing risks in the financial services industry.
  • Minimum three years of management experience driving strategic changes in risk management programs.
  • Minimum three years of management experience in financial institution supervision and regulations.
  • Risk Management or Compliance examiner commission or equivalent high-level experience required.

Responsibilities

  • Oversee the region's activities to ensure effective program administration.
  • Advise Division Directors on supervisory matters and contribute to policy development.
  • Make binding decisions on risk management and consumer protection issues.
  • Lead development of plans to address operational deficiencies in supervised banks.
  • Monitor regional risks and ensure supervision plans address emerging threats.
  • Conduct meetings with agencies and financial institution executives on supervisory concerns.
  • Manage personnel and execute agency performance and development plans.

Benefits

  • Comprehensive benefits package for federal employees.
  • Basic life insurance coverage equal to 3 times salary up to $800,000.
  • Extensive benefits competitive with private sector offerings.
  • Potential for employee relocation based on management needs.
Full Job Description
Summary

This position is located in the Divisions of Risk Management Supervision (RMS) and Depositor and Consumer Protection (DCP), Chicago Regional Office of the Federal Deposit Insurance Corporation in Chicago, IL.

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

Duties

Help

  • Oversees the region's activities; ensures that all operating programs under the direction of the Regional Director are administered effectively and in accordance with broadly stated objectives and priorities.
  • Represents the region and advises Division Directors on substantive matters pertaining to supervisory functions. Provides input to groups within RMS and DCP engaged in determining the need for new policies or procedures on complex and sensitive technical matters with the potential to impact the divisions' programs. Oversees training, utilization, and succession readiness of staff under scope of responsibility.
  • Makes binding decisions on matters pertinent to risk management and consumer protection. Leads the development of formal plans and programs designed to correct deficiencies in the operation of banks under the supervision of the Regional Office.
  • Oversees risk management and consumer protection examination and supervision programs for institutions of varying size, complexity, and operations, including those engaged in emerging technologies. Monitors industry risk within various markets in a dispersed geographic area and ensures regional supervision plans appropriately consider such risks.
  • Provides recommendations to senior executives on various FDIC and divisional matters, such as enforcement actions against individuals and institutions and operational matters within the region. Uses discretion and judgment when coordinating plans with counterparts, senior executives, or other impacted parties. When sensitive or impactful program or policy matters arise, ensures comprehensive analysis is completed and gains appropriate concurrence for proposed decisions or actions.
  • Initiates and conducts meetings with state and federal agencies and financial institution executives regarding supervisory concerns. Provides executive-level representation for the FDIC to financial institution officials, other supervisory authorities, industry groups, and the public at various outreach and industry events.
  • Exercises supervisory personnel management authority directly or indirectly through subordinate supervisors.
  • Executes agency personnel plans and programs, performance measurement, employee development, and other personnel-oriented factors consistent with corporate policy, legal requirements, and the mission of the Divisions.
  • Effectively administers all operating programs under his/her direction in accordance with broadly stated objectives and priorities. Coordinates with counterparts from other divisions in the region on various administrative and operational issues.


Requirements

Help

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

Single Scope Background Investigation (SSBI) required.

Ability to obtain and maintain a Top Secret/SCI security clearance.

Applicant tentatively selected for this position will be required to submit to urinalysis to screen for illegal drug use prior to appointment and will be subject to random drug tests.

Must be able to obtain and maintain an interim and/or final security clearance prior to entrance on duty. Failure to obtain and maintain the required level of security clearance may result in the withdrawal of a job offer or removal.

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 undertaken; 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: Minimum three years of management experience in either the federal or state government or the private sector, overseeing and coordinating the work of organizational units directly or indirectly through subordinate supervisors, including assigning work; directing changes to programs and priorities; and evaluating performance against goals; AND

Leadership Experience 2: Minimum three years of management experience in either the federal or state government or the private sector, applying techniques for translating strategic vision and goals into actionable priorities and objectives to implement enterprise level goals of regional or national impact; AND

Leadership Experience 3: Minimum three years of management experience in either the federal or state government or the private sector, applying techniques for identifying risk impacting the financial services industry and developing and implementing activities to address emerging or existing risks in the financial sector as well as integrating risk management practices, processes, and protocols into organizational activities; AND

Technical Experience 1: Minimum three years of management experience in either the federal or state government or the private sector, driving strategic changes in risk management and/or compliance supervision programs, policies and/or procedures in response to evolving conditions and aligning cross-functional teams to meet shared goals; AND

Technical Experience 2: Minimum three years of management experience in either the federal or state government or the private sector, with financial institution supervision and with identifying and implementing enhancements to complex/technical financial institution supervision programs, regulations, or operations; AND

Technical Experience 3: Minimum three years of management experience in either the federal or state government or the private sector, navigating complex relationships in supervision and examination activities, including serving as the senior point of contact for the industry and regulators.

Selective Placement Factor: Candidates must have a Risk Management or Compliance examiner commission from the FDIC or another organization with comparable commissioning criteria used by the FDIC or have high-level risk management and/or compliance experience in the financial industry that is the equivalent to the knowledge of a senior bank examiner.

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 announcement to fill identical vacancies that occur subsequent to this announcement.

This position is an Executive Manager, EM-00, which is equivalent to above the CG/GS-15.

This position is in the Excepted Service.

Most FDIC Executive Managers (EM) are in the Federal excepted service and not the Senior Executive Service (SES). As an EM at the FDIC, you will provide executive leadership and managerial direction over substantive activities related to planning, developing, executing, and coordinating the Corporation's programs and policies.

Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C or Non-Career SES employee in the Executive Branch, you must disclose this information to the HR Office.

Expand Hide additional information

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

Help

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).

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
Size
6,975 employees
Industry

Similar Jobs

More Jobs at Federal Deposit Insurance Corporation

More Finance & Insurance Jobs

Find similar Regional Director, EM-0301-00 (Chicago Regional Office) (Merit Promotion) jobs: