Duties

Summary

This position is located in the Office of Complex Financial Institutions, Systemic Resolution Planning Implementation Group of the Federal Deposit Insurance Corporation and provides support in the areas of supervisory, insurance and resolution risks by the largest and most complex financial institutions.

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Learn more about this agency

Responsibilities

Engages in activities related to global systemically important financial institutions (GSIFIs), which may include the development, review, analysis and evaluation of recovery/resolution strategies and plans.

Conducts research and analysis to develop and test contingency plans to resolve a GSIFI and draft resolution plans for troubled institutions.

Develops and analyzes financial institution restructuring, bankruptcy, recapitalization, mergers and acquisitions, bridge entities, resolution strategies and creditor claims.

Prepares horizontal analyses and vertical analyses and briefs FDIC management regarding recommendations for recovery efforts.

Prepares and develops resolution strategies including the description of corporate structures, material legal entities, business lines, assets, liabilities, and contract obligations.

Reviews and analyzes recovery/resolution plan information to assess the impact of GSIFI(s) insolvency on U.S. financial stability and the credibility to mitigate systemic impacts such as, global payment operations, derivatives, liquidity, and/or credit (horizontal analysis).

Drafts policies and strategies that assure affiliated insured depository institutions are protected; description of ownership structures, assets, liabilities, and contract obligations; identification of inter-group guarantees on security and major counter-parties; and other information required.

Travel Required

Occasional travel - Occasional travel is required.

Supervisory status
No

Promotion Potential
14

Requirements

Conditions of Employment

Employment Conditions.

Registration with the Selective Service.

U.S. Citizenship is required.

Completion of Confidential Financial Disclosure may be required.

Moderate Risk Position - Minimum Background Investigation (MBI) 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 .

For the CG-13 level: Applicant must have one year of specialized experience equivalent to the CG-12 or above in the Federal Service. Specialized experience is experience analyzing, developing, or implementing financial institution recovery or resolution plans (e.g., corporate restructuring, workouts, or bankruptcy) or analyzing and assessing the operations and financial condition of large complex financial institutions (e.g., bank/bank holding company, insurance company, or broker-dealer).

For the CG-14 level: Applicant must have one year of specialized experience equivalent to the CG-13 or above in the Federal Service. Specialized experience is experience analyzing, developing, or implementing financial institution recovery or resolution plans (e.g., corporate restructuring, workouts, or bankruptcy) or leading the examination and assessment of the operations and financial condition of large complex financial institutions (e.g., bank/bank holding company, insurance company, or broker-dealer).

Applicants must have met the qualification requirements for this position within 30 calendar days of the closing date of this announcement.

Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 "well qualified" for this position. For more information, click here .

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 .

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.

Your resume will also be evaluated to measure your responses to the assessment questions. If you rated yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected.

The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below. Top ranked candidates will be referred to the selecting official for further review and consideration.

1. Knowledge of banking, accounting, finance and statistical methods governing large, complex financial institutions and bank holding companies with global systemically important financial institutions (GSIFIs).

2. Ability to develop, analyze and evaluate resolution strategies and recovery plans.

3. Skill in reviewing, analyzing and recommending policy and/or risk management and risk management techniques.

4. Knowledge of global financial markets, financial activities, and financial institution operations and management.

5. Knowledge of off-balance sheets financial derivatives, structured finance activities, trading book activities exposures, and quantitative measures used in managing credit, liquidity and operation risk.

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

To preview questions please click here .

Background checks and security clearance

Security clearance
Other

Drug test required
No

Required Documents

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

VETERANS EMPLOYMENT OPPORTUNITY ACT (VEOA) ELIGIBLES AND SPECIAL
HIRING AUTHORITIES FOR VETERANS: If you are applying for consideration under VEOA and special hiring authorities for veterans, click here .

SPECIAL APPOINTING AUTHORITIES FOR PEOPLE WITH DISABILITIES: If you are
applying for consideration under special appointing authorities for people with disabilities, you will be required to provide proof of disability documentation to specify that you are a person who (1) has a severe physical disability; (2) an intellectual disability; or (3) a psychiatric disability. Severe physical disabilities include but are not limited to blindness, deafness, paralysis, missing limbs, epilepsy and dwarfism. The documentation does NOT need to detail your specific disability, medical history or need for accommodation, however, the letter should clearly state that you are eligible for appointment under this authority. THE DOCUMENTATION MUST HAVE BEEN OBTAINED FROM: (a). Licensed medical professionals; or (b). State or private vocational rehabilitation specialists; or (c). Any Government agency (e.g. VA, etc.) that issues or provides disability benefit. To view sample Schedule A proof of disability letters and for more information on this special appointing authority, click here . Please note that employees hired under this Schedule A hiring authority will be required to complete a Standard Form 256 to identify their disability status.

INTERAGENCY TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a
displaced or surplus Federal employee eligible for consideration under the ICTAP, you must submit proof of eligibility. For more information, click here .

CURRENT FEDERAL EMPLOYEES OR REINSTATEMENT ELIGIBLE WITH
COMPETITIVE STATUS: A copy of your most recent SF Form 50, Notification of Personnel Action, that shows: (1) permanent or career-conditional tenure (codes 1 or 2, in block 24), and (2) position occupied in the competitive service (code 1, in block 34). To be considered as a non- competitive eligible candidate, the SF-50 must show the highest grade level or promotion potential level applicant has attained competitively and grade must be equivalent or higher than the grade for which applying.

NONCOMPETITIVE CONVERSION ELIGIBLES UNDER A PATHWAYS PROGRAM: If you are applying under this noncompetitive conversion authority, you must provide proof of program completion. A letter from your current agency certifying completion is acceptable documentation.

FDIC EMPLOYEES: Submit a final digitally signed copy of your most recent Annual Performance Appraisal and Evaluation form. The final PDF form is also acceptable.

FDIC CAREER TRANSITION ASSISTANCE PROGRAM (CTAP): If you are a
displaced or surplus FDIC employee eligible for consideration under the CTAP, you must submit proof of eligibility. For more information, click here .

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.