Attorney-Advisory - Political Risk Insurance

Employer
USAJobs
Location
Washington, D.C
Posted
Jun 24, 2022
Closes
Jul 01, 2022
Hours
Full Time
Duties

DFC's political risk insurance program covers equity, debt, and other forms of investment in emerging markets against three categories of political risk: 1) expropriation, which includes traditional confiscation, arbitral award default, and denial of justice; 2) currency inconvertibility and transfer; and 3) political violence. Insured projects are always located in a low-income, lower middle-income, or upper middle-income country. As a Political Risk Insurance Attorney, the incumbent may be required to support other business lines within the agency.

The successful candidate will serve as an Assistant General Counsel and advise on all of the legal and policy aspects of DFC's political risk insurance program. Work includes
  • legal due diligence and reviewing, drafting and/or negotiating all transaction documents leading to closing, as well as monitoring, political risk insurance contracts;
  • developing and/or updating insurance contract templates;
  • advising on issues of international law, international arbitration, and salvage and recovery in respect of DFC's expropriation coverage program;
  • assisting the insurance team in developing new product offerings consistent with the BUILD Act (22 U.S.C. §§9601 et seq);
  • coordinating advocacy efforts with the insurance team to avoid claims, including engagement with relevant U.S. government and foreign government officials;
  • analyzing insurance claims and preparing written memoranda of determinations; and
  • leading salvage and recovery efforts.


Requirements

Conditions of Employment

  • This position is in the excepted service.
  • US Citizenship is required.
  • Suitable for Federal employment, determined by background investigation.
  • Selective Service registration required for male applicants, unless exempt.
  • May be required to successfully complete a 2 year trial period.
  • If selected, you will be required to file, prior to entrance on duty, a Confidential Financial Disclosure Report (OGE Form 450).


Qualifications

Applicants must meet all eligibility and qualification requirements no later than 30 days after the closing date of this announcement.

Basic Requirements: Applicants must (1) be a graduate of an accredited law school with an LL.B. or J.D.; (2) be a current member of a bar with a valid license to practice law in a state, territory of the United States, District of Columbia, or Commonwealth of Puerto Rico; and (3) meet all specialized experience requirements as described below.

Specialized experience includes: Applicant must possess at least 5 years of experience advising on legal and policy matters in the areas of international political/sovereign/sub sovereign risk, international law on expropriation, investment treaties, and/or international arbitration in the context of negotiating and documenting transactions for projects in emerging markets, whether directly or through the supervision of outside counsel. Familiarity with the principles of commercial insurance is relevant but not required.

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.

Education

Applicants must be a graduate of an accredited law school with an LL.B. or J.D. An official transcript will be required if you are selected. In addition, if selected, you must provide proof of bar membership.

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education (http://www.ed.gov/admins/finaid/accred/) .

Additional information

Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/RegVer/wfRegistration.aspx ).
Telework Suitability : The duties of this position is suitable for telework. The selectee may be allowed to telework with supervisor approval and if they meet the eligibility criterion in the 2010 Telework Act.

Stipulations of Employment : Selection may require completion of a 1-year probationary period.

To ensure compliance with an applicable preliminary nationwide injunction, which may be supplemented, modified, or vacated, depending on the course of ongoing litigation, the Federal Government will take no action to implement or enforce the COVID-19 vaccination requirement pursuant to Executive Order 14043 on Requiring Coronavirus Disease 2019 Vaccination for Federal Employees. Therefore, to the extent a Federal job announcement includes the requirement that applicants must be fully vaccinated against COVID-19 pursuant to E.O. 14043, that requirement does not currently apply. Federal agencies may request information regarding the vaccination status of selected applicants for the purposes of implementing other workplace safety protocols, such as protocols related to masking, physical distancing, testing, travel, and quarantine.

Work Schedule : This position allows for a flexible work schedule.

Miscellaneous: DFC uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit http://www.uscis.gov/e-verify .This vacancy announcement may be used to fill similar positions within 90 days.

Recruitment and relocation incentives may be authorized for this position.

Numerous vacancies may be filled from this recruitment effort.