Director of the Federal Insurance Office
This career reserved position in the Senior Executive Service (SES) serves as the Director of the Federal Insurance Office. The duties and responsibilities of the Office and the Director are established in the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, which amended Title 31 of the U.S. Code (herein referenced as "the Act").
The authorities of the Office are carried out pursuant to the direction of the Secretary of the Treasury. More specifically, the Office acts under the direction of the Treasury Assistant Secretary for Financial Institutions and the Deputy Assistant Secretary for Financial Institutions Policy, as part of the Office of Domestic Finance.
Occasional travel - The FIOS director may occasionally travel within the U.S. and internationally.
Relocation expenses reimbursed No
You must have 52 weeks of specialized experience at the GS-15 level in the Federal service or equivalent experience in the private sector.
EXECUTIVE CORE QUALIFICATIONS (ECQs): The ECQs describe the leadership skills needed to succeed in the Senior Executive Service (SES) and are in addition to the specific mandatory technical qualifications listed below. Additional information on the Executive Core Qualifications is available at ECQs. Your response must be limited to two pages for each ECQ.
ECQ 1 - Leading Change - The ability to bring about strategic change, both within and outside the organization to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment. Competencies: creativity and innovation, external awareness, flexibility, resilience, strategic thinking, vision.
ECQ 2 - Leading People - The ability to lead people toward meeting the organization's vision, mission and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. Competencies: conflict management, leveraging diversity, developing others, team building.
ECQ 3 - Results Driven - The ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. Competencies: accountability, customer service, decisiveness, entrepreneurship, problem solving, technical credibility.
ECQ 4 - Business Acumen - The ability to manage human, financial, and information resources strategically. Competencies: financial management, human capital management, technology management.
ECQ 5 - Building Coalitions - The ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): The MTQs describe the necessary technical knowledge, skills, and competencies needed to successfully perform the duties of this position. Experience must have been at a sufficiently high level of difficulty to show clearly that the candidate possesses the required professional and technical qualifications and core qualification set forth below. Your response must be limited to two pages for each MTQ.
MTQ 1-Expert knowledge of business, legislative, and regulatory matters affecting all aspects of the insurance industry, including identifying issues or gaps in the regulation of insurers that could contribute to a systemic crisis in the insurance industry or the United States financial system.
MTQ 2-Extensive knowledge and understanding of prudential aspects of international insurance matters and experience developing, advising on, and negotiating certain written bilateral or multilateral agreements regarding prudential insurance measures, or with respect to the business of insurance or reinsurance.
MTQ 3- Extensive knowledge and understanding of the laws, regulations, and supervisory practices relating to insurers and other important aspects of the insurance industry—including safety and soundness, business conduct, consumer protection, systemic risk, and financial stabilization.
MTQ 4-Broad range of experience in analyzing and monitoring policy issues related to the insurance industry, including analysis of emerging market issues domestically and internationally.
MTQ 5- Experience providing leadership and direction to a team while executing day-to-day activities and operations in an institutional setting. Familiarity with institutional approaches and processes to managing staff, including performance management, coaching, and counseling. Demonstrated experience articulating long-term strategic goals or vision; building the organizational framework to achieve mission, including initiating organizational change; and spotting and exploiting opportunities to move individuals, teams, or organizations toward the vision. Experience managing group processes; adapting one’s leadership style to various situations; managing and resolving conflicts, confrontations, and disagreements in a positive and constructive manner to minimize negative personal impact; encouraging and facilitating cooperation, pride, trust, and group identity; and fostering commitment and team spirit.
EEO Policy Statement: The United States Government does not discriminate in employment on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, marital status, disability, age, membership in an employee organization, or other non-merit factor.
Reasonable Accommodation: Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application and hiring process should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis. Legal and Regulatory Guidance.
Social Security Number: Your Social Security Number is requested under the authority of Executive Order 9397 to uniquely identify your records from those of other applicants who may have the same name. As allowed by law or Presidential directive, your Social Security Number is used to seek information about you from employers, schools, banks, and others who may know you. Failure to provide your Social Security Number on your application materials, will result in your application not being processed.
Privacy Act: Privacy Act Notice (PL 93-579): The information requested here is used to determine qualifications for employment and is authorized under Title 5 U.S.C. 3302 and 3361.
Signature: Before you are hired, you will be required to sign and certify the accuracy of the information in your application. False Statements - If you make a false statement in any part of your application, you may not be hired; you may be fired after you begin work; or you may be subject to fine, imprisonment, or other disciplinary action.
Selective Service: If you are a male applicant born after December 31, 1959, you must certify that you have registered with the Selective Service System, or are exempt from having to do so under the Selective Service Law. The materials you send with your application will not be returned. Send only those materials needed to evaluate your application. Please do not place your application in a notebook or binder. For further information pertaining to the SES, applicants are encourage to visit: SES
Financial Disclosure: All employees of the Federal Government are subject to the conflict of interest statutes and regulations, including the Standards of Ethical Conduct. Upon hire, and on an annual basis thereafter, the incumbent of this position will be required to file a public financial disclosure report. The incumbent may be prohibited from holding certain financial interests.
You will be evaluated for this job based on how well you meet the qualifications above.
Your application will be evaluated on the basis of your resume and narrative statements reflecting the quality and extent of your total accomplishments, experience and education as they relate to the technical and executive qualifications described above. While you are NOT required to provide a narrative statement addressing the Technical Qualifications, candidates are strongly encouraged to address each Technical Qualification in separate statements. Candidates who choose not to address the technical qualifications separately will not be automatically disqualified. Candidates are NOT required to provide narrative response statements to address the Executive Core Qualifications when applying for this vacancy. However, the selectee will be required to address the ECQs before being appointed. Additional information on the Executive Core Qualifications is available.
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