Summary
This position is located in the Division of Complex Institution Supervision and Resolution (CISR) of the Federal Deposit Insurance Corporation in Washington, D.C. The mission of the Division of Complex Institution Supervision and Resolution (CISR) is to protect and maintain stability in the U.S. financial system by avoiding, and if necessary, managing the failure of large complex financial institutions (LCFIs). Salary reflects a pay cap for this position of $305,000.
Duties
Advises the Deputy Director in setting priorities and developing FDIC positions encompassing a wide range of substantive domestic and international resolution policy issues related to the implementation of the Dodd-Frank Act (DFA) related to or affecting the FDIC and its resolution planning for large, complex financial institutions (LCFIs) and financial market utilities (FMUs). Identify obstacles to orderly resolution planning for LCFIs and develop policy alternatives for senior management and the FDIC Board of Directors to consider. Establishes and maintains cooperative relationships with directors and staff of other Divisions and Offices within the FDIC; officials of other domestic and international supervisory and regulatory agencies including the Office of the Comptroller of the Currency, Federal Reserve, and U.S. Treasury Department, the Securities and Exchange Commission, and Commodity Futures Trading Commission; representatives of financial institutions; and other key private sector entities involved in the resolution planning efforts of LCFIs. Commands expertise over a range of complex and sensitive technical matters in the areas of international financial regulatory policy, cross-border resolution, development of resolution policy and strategies, and furthering international financial regulatory cooperation and dialogue, including through negotiation of Memoranda of Understanding. Serves as a senior FDIC spokesperson on resolution policy matters related to LCFIs. The incumbent will be called upon to represent the FDIC in high-profile forums and will be required to explain and defend the FDIC's policy views on complex and controversial matters. Represents the FDIC at hearings, markups, relevant advisory committees, and congressional events related to pertinent legislation. Draft speeches and Congressional testimony that conveys the FDIC's policy positions on matters related to resolution policy for LCFIs. Consult with FDIC legal, supervisory, and international coordination officials on resolution strategies and cross-border operations of LCFIs to assess financial risk and protect the deposit insurance fund. Directly manages a senior level staff and provides matrix management oversight for analytical teams supporting resolution-policy development. Exercises supervisory personnel management authority directly or indirectly through subordinate senior managers to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and evaluating work performance and providing feedback. Identifies training and developmental needs for staff and provides regular recognition of staff. Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action. Hears and resolves grievances or other disputes as appropriate. Approves/disapproves requests for leave, telework, travel, training, etc. Ensures that Section goals are administered effectively and align with Branch/Division objectives and priorities. Lead outreach, communication, and coordination efforts with domestic and international regulators, foreign authorities, industry representatives, and other stakeholders to support resolution planning effectiveness.
Requirements
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. Registration with the Selective Service. U.S. Citizenship is required. Employment Conditions. This position requires the selectee to file a public financial disclosure report (OGE Form 278e) as a condition of employment. Employee may be relocated to any duty location to meet management needs. This position requires a High Risk/Non-sensitive designation Background Investigation (BI).
Education
There is no substitution of education for the experience for this position.
How you will be evaluated
Your resume will be reviewed, to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contains sufficiently detailed information upon which to make the qualification determination. If you are found minimally qualified, a Management Rating Panel (MRP) will review your qualifications and experience against pre-established benchmarks. The rating panel will place applications in one of three quality categories, i.e., Best Qualified, Highly Qualified, or Qualified. These category assignments are a measure of the degree in which your background and responses to the assessment questions match the competencies listed below. Within these categories, candidates eligible for veterans' preference will receive selection priority over non-veterans. Top ranked (Best Qualified) candidates will be referred to the selecting official for further review and consideration. The competencies you will be assessed on are listed below. Planning and Organizing Advising Direction Setting Knowledge of large complex financial institutions and financial markets, including regulatory and legislative framework affecting their operations. Knowledge of FDIC and related laws, rules, regulations, programs, policies and procedures related to financial institution supervision, examination, resolutions and receiverships. Your resume will serve as responses to the competencies/KSAs. Only include experience directly relevant to the position. Experience must be explicitly stated in the resume, as experience not specifically described in the resume cannot be assumed. Resumes that are vague or don't address specific requirements will not receive maximum consideration. You may preview questions for this vacancy.