SummaryThis position is located in Division of Risk Management Supervision Capital Markets, Accounting, and Policy Branch, Exam Support Section and is responsible for providing expert guidance 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- Serves as project leader and a senior authority in the formulation, advancement and implementations of agency and/or interagency policy, procedures, regulations and supervisory 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.
- Oversees and performs expert level 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 primary and 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.
- Provides authoritative recommendations that guide 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 market-related matters.
- Assesses regulatory changes, capital market developments, and emerging risks to determine their implications for the broader economy, the banking sector, and the Deposit Insurance Fund. Provides high impact recommendations for maintaining safety and soundness and safeguarding U.S. financial stability.
- Performs advanced research on complex financial and capital markets issues, instruments and strategies. Analyzes the current and potential impact of capital, earnings, liquidity, and market risks across insured institutions and contributes findings to policy development efforts.
- 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. Develops frameworks to ensure these risks are effectively measured, monitored, and supervised.
- Performs financial and economic analyses to identify sources of capital markets risk in financial institutions that must be measured and/or monitored by regulatory agencies.
RequirementsConditions of employment- U.S. Citizenship is required.
- Completion of Confidential Financial Disclosure may be required.
- Males born after 12/31/1959, must be registered for Selective Service.
- Background Investigation (BI) required.
- A probationary or trial period may be required.
- You must obtain and maintain the required security clearance; failure to do so may result in withdrawal of an offer or removal.
- Completion of Financial Institution Examiner Agreement
QualificationsQualifying experience is credited from private and public sectors, including paid and unpaid service (e.g., Peace Corps, AmeriCorps). Volunteer service builds competencies that translate to paid work. You will receive credit for all qualifying experience. See OPM's General Schedule Qualification Standards for details.
CG-
15: Applicants must complete one year of specialized experience equivalent to the
14 level or above in Federal service. Specialized experience is defined as:
- Leading complex examinations or targeted reviews involving capital markets risk at financial institutions; independently or as a team lead developing policy recommendations or evaluating compliance with policies related to regulatory capital, liquidity, interest-rate risk, or capital markets instruments, activities, and strategies; and analyzing capital markets activities and recommending actions to promote the safety and soundness of financial institutions or safeguard U.S. financial stability.
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.
Interagency Career Transition Assistance Program (ICTAP) eligible applicants must earn 80 or higher on the online assessment to be determined "well qualified." For information, see, FDIC CTAP/ICTAP.
Resume Content Required for Qualification DeterminationsFor each position on your resume, include:
- Employer name;
- Title;
- Series and grade (federal jobs only);
- Start and end dates (month/year);
- Hours per week;
- Relevant experience supporting your specialized experience responses.
Important: If your resume is missing these details, your application may be marked incomplete, and you might not be considered for this job.
Do not copy/paste duties or specialized experience from this announcement into your resume; that will not be considered a demonstration of your qualifications.
EducationThere is no substitution of education for experience for this position.
Additional informationRefer to these links for more information: Job Applicant Rights and Responsibilities; Selective Service System; Employment Conditions.
Salary reflects a pay cap of $257,500.
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.
As a condition of employment for accepting this position, you may be required to serve a 1-year probationary period (or 2-year trial period, if applicable) during which we will evaluate your 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 period (or trial period) your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.
After we select a candidate, we may share the remaining list of qualified candidates with other federal agencies. You can opt-in if you want us to share your name, application material and assessment results for similar jobs with other agencies. There is no guarantee of further consideration, and you can continue to explore and apply to other job announcements.
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.
BenefitsFDIC employees receive the standard Federal benefits and may be eligible for additional FDIC-specific benefits, at minimal cost.
Review our benefits