Senior Large Financial Institution Resolution Specialist, CG-1101-15
What you'd do
This position is located in the Division of Resolutions and Receiverships (DRR), Resolution Strategy Branch of the Federal Deposit Insurance Corporation. The incumbent is responsible for identifying and monitoring inherent resolution risk in large insured depository institutions (LIDI) and performs financial and operational analyses and other work. Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement.
Major duties
Monitors resolution risks in a portfolio of LIDIs, including those subject to or approaching the asset threshold for compliance with Part 360.10 of the FDIC Rules and Regulations to identify potential issues and obstacles related to resolution and receivership. Participates and assumes leadership in the development, evaluation, and implementation of policies and procedures related to identifying and monitoring financial institution operational and balance sheet complexity and resolution risk. Conducts outreach to new and existing covered insured depository instituitions, Primary Federal Regulators, and chartering authorities to ensure stakeholders remain abreast of Part 360.10 requirements and relevant updates. Supports the Chief, Large Financial Institution Resolution Planning with pre-closing logistical issues between the Division of Risk Management Supervision, Division of Consumer Protection, and other state and federal regulatory agencies and DRR, with download requests, resolutions, access to the failing banks and to examiners with knowledge of the failing banks, and bid list criteria and bidder approvals.
What you need to qualify
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. To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-14 grade level or above in the Federal service. Specialized experience is experience in all of the following: 1) Identifying and monitoring financial, operational, or resolution risks in complex financial institutions; 2) Developing written reports of banking risks and trends or strategies to resolve failing institutions; 3) Preparing or evaluating the credibility of bank resolution submissions; 4) Developing and implementing organizational policies, procedures, or guidance on banking operations, regulatory matters, or resolution planning programs; and 5) Engaging with and presenting issues to senior management, other agencies, and members of the financial industry. 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. Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 “well qualified” for this position. For more information, click here. 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.
Before you apply
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