Federal Deposit Insurance Corporation

Senior Examiner (Large Financial Institutions), CG-0570-14

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

Qualifications

  • 5-7 years of relevant experience in bank supervision or examination functions.
  • Commissioned Risk Examiner status in the FDIC is mandatory.
  • Experience with assessing financial risk and regulatory compliance is required.
  • Background in analyzing financial institutions' performance and developing recommendations is essential.
  • Ability to communicate effectively with stakeholders at various levels of the organization.

Responsibilities

  • Direct and conduct bank supervision and examination tasks to assess institutional risk.
  • Analyze financial information reported by institutions and keep updated on practices.
  • Evaluate the financial health and future prospects of assigned organizations.
  • Review and summarize developments affecting financial institutions and their operations.
  • Prepare detailed reports on findings and supervisory actions taken.
  • Engage with financial institution management to address inquiries and concerns.
  • Lead discussions with supervisory agencies and bank executives.

Benefits

  • Comprehensive federal employee benefits package.
  • Minimal-cost additional benefits from the FDIC.
  • Access to competitive offerings in both public and private sectors.
  • Eligibility for benefits can vary based on position type.
Full Job Description
Summary

These positions are located in the Division of Risk Management Supervision of the FDIC. The incumbent serves as a key management representative and recognized technical authority responsible for planning and directing the supervisory efforts of one of the nation's largest and most complex financial institutions.

The duty location is determined upon selection. The position may be filled at any of the following FDIC field offices: Hurricane, WV, Lexington, MA, Houston, TX, or Portland, OR.

Duties

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  • Directs and/or conducts bank supervision and examination functions, with a view toward assessing risk, as well as strengthening and improving the condition of the assigned organization, as appropriate.
  • Maintains an informed position on the assigned organization and analyzes financial or other information filed or reported in accordance with regulatory requirements or from other sources.
  • Conducts ongoing analysis and evaluation of the financial condition, business initiatives, and future prospects of the assigned organization and its affiliates to assess the potential risk to the Deposit Insurance Fund.
  • Reviews all developments applicable to insured financial institutions and their affiliates in the assigned organization, including accounting, reporting, and regulatory changes, as well as new activities and products.
  • Prepares written reports summarizing the results of analyses, and communicating findings, recommendations, and related supervisory action.
  • Communicates with financial institution management, and effectively responds to or resolves their questions, complaints, and inquiries in line with FDIC protocols.
  • Initiates, conducts, or acts as lead in conferences or meetings with other supervisory agencies and bank officials.
  • Maintains cooperative relationships with the appropriate state, Federal, and international supervisory agencies.


Requirements

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Conditions of employment

Completion Of Confidential Financial Disclosure May Be Required.

Moderate Risk Position - Minimum Background Investigation (MBI) required.

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

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-14:

To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG-13 grade level or above in the Federal service. Specialized experience is defined as performing review of supervisory matters or examining large, complex or troubled financial institutions applying credit appraisal procedures and techniques.

Selective Placement Factor:

In addition to the qualification requirements listed above, you must also meet the following selective factor to be considered eligible for this job. The selective factor is defined as applicant must be a Commissioned Risk Examiner in 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

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 17.06% to a high of 35.00%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.

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

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

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.

As a best practice for banking regulators, the FDIC requires that the Examiner-in-Charge (EIC) spend no more than five years in any single institution. After five years, the EIC will be given a new assignment.

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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.

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.

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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