Chief, Least Cost Modeling and Valuations, CM-1101-00 (FDIC-Only)

Summary

This position is located in the Division of Resolutions and Receiverships (DRR), Resolution Strategy Branch, Franchise Analysis & Marketing Section of the Federal Deposit Insurance Corporation in either Dallas, TX, New York City, NY, or Washington, D.C. Salary reflects a pay cap for this position of $277,500.

Duties

• As the Chief, Least Cost Modeling and Valuations, the incumbent is responsible for the following: Primary responsibility for developing, maintaining, and applying the Least Cost Test to all resolution transactions. Serves as a project leader and manager in the Resolution Strategy Branch. Develops policy and oversees resolutions of failing institutions as well as various projects related to resolutions nationwide. Develops and/or interprets policies and oversees responsibility for all aspects of the least cost resolution process. Monitors the application of policies by staff and provides justifications for major program changes as appropriate. Monitors and evaluates program effectiveness and execution to ensure overall efficiencies. Stays abreast of current resolution issues and solicits input from subordinates for determining when policy and operational procedural changes are needed. Analyzes or oversees the analysis of proposals to mitigate risk to the insurance fund. Develops comprehensive business and strategic plans to facilitate accomplishment of Division goals and objectives including directing and/or engaging in a variety of special assignments, projects, and activities as maybe required. Reviews, evaluates and recommends proposals submitted by bidders. Evaluates information regarding new developments in complex asset types, evolving financial risks, and least cost test methodologies. Provides advice and guides staff personnel regarding planning, directing, reviewing, analyzing, and coordinating the division's policies, guidelines, and procedures. Interprets policies, procedures, and guideline materials for inclusion in various operational manuals. Establishes and maintains continuing liaison with counterparts in other organizational elements of the Corporation and officials of other regulatory agencies. Serves as the principal liaison for coordinating activities with and obtaining resources from various external organizations, e.g., Division of Complex Institution Supervision and Resolution, Legal Division, Division of Risk Management Supervision, Division of Finance, etc., involved in the resolutions processes. Represents the Division in top level studies and projects crossing organizational lines, and on Corporate and senior Division committees and provides oral and written presentations to FDIC's Board of Directors, Chairman, and senior management officials as well as officials of other agencies. Exercises supervisory personnel management authority and performs the full range of performance management duties to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback to others on their performance. 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.

Qualifications

To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through serving in roles that require managing projects/teams or guiding the technical work of others. 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, skills, and abilities 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 address 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 initiates undertook; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments (e.g., number of employees supervised). Leadership Experience: Experience in leading and coordinating projects, including establishing expectations, reviewing work products/services, monitoring progress, and providing guidance and feedback to team members; AND Technical Experience 1: Experience in conducting complex and difficult resolution activities and analysis in response to failed or failing financial institutions; AND Technical Experience 2: Experience in leading teams conducting projects associated with resolution operations.

Requirements

2-page Resume Requirement: Please limit your resume 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 conditional financial disclosure report (OGE Form 450) 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 Background Investigation (BI).

Education

There is no substitution of education for the experience for this position.

How to apply

To begin, click the “Apply” button and follow the prompts. If you haven't already, register and establish a USAJOBS account. After you register online, click the “Apply” button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click “Submit Application” to complete the application process. You must apply online. To apply for this position, you MUST provide a complete application package which includes: Your two (2) page resume showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date). Applicants requesting an exception from the online process must contact the Human Resources Specialist or point of contact listed in this announcement prior to 12:00 noon local time on the closing date. To return to your saved application, log in to your USAJOBS account and click on “Applications” tab. Click on the “Position Title,” and then select “Update Application” or “Additional Application Information” to continue. You have until 11:59 p.m. ET (Eastern Time) on the closing date of this announcement to complete the application process. Please ensure you have completed the application process by verifying the status of your application on-line to reflect: “Received”. Failure to complete the application process will result in an incomplete application and you will not be considered for the position.