Chief Innovation Officer (CINO), EM-0301

Employer
USAJobs
Location
Washington, D.C
Posted
May 23, 2019
Closes
May 30, 2019
Function
Executive, Chief
Hours
Full Time
Duties

Summary

This position is located in the FDIC Tech Lab (FDiTech) of the Federal Deposit Insurance Corporation in Washington, D.C. The CINO leads FDiTech and serves as the principal advisor to the Chairman, the Board of Directors, Deputy to the Chairman, Division/Office Directors and other FDIC executive leadership on issues, proposals, and other matters within the scope of the FDiTech mission.

Learn more about this agency

Responsibilities

  • • In serving as the FDIC technological innovation and transformation POC for banks, non-banks, and other outside entities, including U.S. and international supervisors, the CINO manages, facilitates, coordinates, and integrates responses to internal and external inquiries within the scope of the FDiTech mission. Identifies appropriate stakeholders and ensures responses reflect their insight and collaboration. Coordinates within FDIC on innovation and transformation requests and inquiries within the scope of the FDiTech mission. Provides vision and perspective to ensure consistency and full understanding of the strategic implications, risks, and benefits of technological innovation within the financial services sector, particularly FDIC-insured and -supervised institutions.

    • Within the scope of the FDiTech mission, the CINO will facilitate the transformation process by partnering with other FDIC Divisions/Offices, the Chief Information Officer Organization, and the Office of the Chief Information Security Officer to strategically address challenges through the adoption of innovative technologies. Creates an environment that fosters and enables technological innovation and transformation within the FDIC, by building partnerships and serving as a change agent.

    • Facilitates and coordinates agency communication regarding risks and opportunities related to technological innovation and transformation within the scope of the FDiTech mission. Directs and facilitates discussions to address the evolving financial services technology landscape, and recommends appropriate actions by the FDIC, consistent with sound risk management, fair access to financial services, and fair treatment of consumers in accordance with consumer protection requirements.

    • Develops and executes a technological innovation and transformation outreach and technical assistance strategy for banks, non-banks, and community and consumer groups. Coordinates with the Office of Communications to ensure the outreach strategy includes all impacted stakeholders, using a wide variety of channels.

    • Facilitates understanding and communication with non-banks on the FDIC's regulatory and operational expectations and partnerships within the scope of the FDiTech mission. Directs the development of the FDIC's external FDiTech webpage and other appropriate technology-based communication methods. Ensures that all outreach and communication efforts support the Chairman's priorities for increasing knowledge, developing consistent approaches, and communicating clearly within the financial services sector.

    • Collaborates with appropriate FDIC officials on innovation and transformation awareness and training efforts within the scope of the FDiTech mission, and ensures adequate evaluation and supervision of new technology-based financial products, services and processes by FDIC staff.

    • In consultation with relevant FDIC Divisions/Offices, conducts analysis, evaluation, and discussion of specific financial services sector technological innovations and transformations, overall technological innovation trends in the U.S. banking system, emerging and potential risks, and the implications for responsible supervision.

    • Partners with the Division of Insurance and Research (DIR) and other FDIC Divisions/Offices to direct and facilitate research on technological innovation and transformation within and related to the financial services sector. Collects data and other information on specific technological innovations and transformation and banking/financial services sector trends. Analyzes and evaluates technological innovation and transformation initiatives, trends, opportunities, and risks with respect to the potential effect on community banks, bank segments, and the U.S. banking system as whole. Shares research analysis and findings internally to help identify risk, develop/enhance policy, regulations, and guidance, and conduct supervisory, resolution, and insurance activities.

    • Chairs the FDIC's Emerging Technologies Steering Committee and administers the FDIC's engagement with related internal and external working groups, both domestically and internationally, on financial services innovation and transformation issues.

    • Leads and supervises FDiTech and its staff. Determines resource needs and ensures appropriate and necessary resources to meet mission requirements. Ensures understanding of FDIC innovation and transformation goals, initiatives and programs by all employees. Provides day-to-day supervision, supports and provides direction to staff. Effectively leverages contributions from temporary detailees to build a cohesive team drawing upon existing expertise across the FDIC.


Travel Required

Occasional travel - May require occasional overnight travel.

Supervisory status
Yes

Promotion Potential
EM

Requirements

Conditions of Employment



Employment Conditions.

Registration with the Selective Service.

U.S. Citizenship is required.

Completion of Confidential Financial Disclosure may be required.

High Risk Position - Background Investigation (BI) required.

Qualifications

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 .

Applicants must have one year of executive-level experience in private industry and/or in a government agency (equivalent in the federal government to CG/GS-15 or above). Applicants must possess all of the following specialized experience:
  • Directing or managing the development and deployment of technology in the banking, financial services, or non-financial services sector for purposes of minimizing institutional and/or sector risks from such technology, improving the safety and soundness of financial institutions, supporting economic inclusion and consumer protection, or supporting the availability of innovative and safe financial products and services.

This experience must have been performed at a banking, financial services, or non-financial services technology company or within a federal or state financial regulatory agency.

Education

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

Additional information

To read about your rights and responsibilities as an applicant for Federal employment, click here .

FDIC Executive Managers (EM) are in the Federal competitive service and not the Senior Executive Service (SES). As an EM at the FDIC, you will provide executive leadership and managerial direction over substantive activities related to planning, developing, executing, and coordinating the Corporation's programs and policies.

Salary reflects a pay cap for this position of $283,700.

If selected, you may be required to serve a supervisory/managerial probationary period.

If selected, you may be required to serve a probationary period.

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Your resume and the online assessment questionnaire will be reviewed, to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contain sufficiently detailed information upon which to make the qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, average number of hours worked per week, and if the position is/was in the Federal government, you should provide the position series and grade level.

The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below. If you are found qualified, your application package will be reviewed by a panel of three Executive Managers and placed in one of three categories: Best Qualified, Highly Qualified, or Qualified. Within these categories, candidates eligible for veterans' preference will receive selection priority over non-veterans. Top ranked candidates will be referred to the selecting official for further review and consideration.

1. Knowledge of the technology development and deployment process, particularly within the financial services sector. Knowledge of financial services technologies and innovations and the application of related oversight, data management, quality, and integrity efforts.

2. Knowledge of the technical and policy aspects of the Corporation's activities, including effectively addressing risks in the Nation's financial system, and carrying out deposit insurance, resolution planning, and receivership management and supervision responsibilities. Ability to coordinate and direct the development and presentation of complex information during engagements with Congress, senior corporate staff; regulatory agencies, professional organizations; trade groups, financial institutions and the general public.

3. Ability to represent FDIC on FDiTech innovation and transformation initiatives in meetings with individuals and groups both internally and externally. Ability to facilitate the technological innovation and transformation process by strategically addressing challenges, helping create an environment fostering and enabling innovation and transformation, building partnerships, and serving as a change agent.

4. Ability to adapt to a work environment characterized by frequently changing priorities. Ability to resolve complex problems, often involving competing operating and policy goals and objectives.

5. Knowledge of the structure of the financial services industry, the principles of banking, and regulatory and legislative issues related to the adoption of innovative technologies within the sector.

6. Knowledge of the Corporation's mission, functions, and performance objectives. Ability to communicate effectively in meetings with senior management officials, congressional staff and the banking industry.

7. Ability to synthesize and analyze intricate and complex legal and regulatory issues to provide guidance and advice.

8. Ability to lead and supervise FDiTech staff.

You do not need to respond separately to these KSAs. Your resume will serve as responses to the KSAs.

To preview questions please click here .

Background checks and security clearance

Security clearance
Top Secret

Drug test required
Yes

Required Documents

Please review the following to determine your eligibility and which document(s) is required to complete your application:

VETERANS' PREFERENCE: If you are claiming veterans' preference, click here . (Note: Veterans must submit the Member 4 copy of the DD 214, Certificate of Release or Discharge from Active Duty - or other copy showing the type of discharge/character of service [e.g., Honorable, Under Honorable Conditions, etc.] along with any other required documents.)


If you are relying on your education to meet qualification requirements:

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 .

Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

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