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CFI Resolution Specialist, CG-1101-13/14

Employer
USAJobs
Location
Washington, D.C
Closing date
Sep 23, 2021
Duties

Summary

This position is located in the Division of Complex Institution Supervision and Resolution of the Federal Deposit Insurance Corporation and provides support in the areas of executing the supervision and resolution authorities for large, complex financial institutions (LCFIs).

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

Under the general direction of either the Chief for Liquidity and Funding or Chief for Capitalization and Valuation, the incumbent will be responsible for a variety of duties, as detailed below, within either the Liquidity and Funding Section or Capitalization and Valuation Section.
  • Analyzes financial institution resolution strategies, under a variety of legal regimes, to address topics including restructuring, bankruptcy, recapitalization, mergers and acquisitions, wind down and liquidation for the largest and most complex financial institutions.
  • Provides strategic thinking in evaluating and choosing a resolution strategy or strategies. Projects a range of losses using scenario analysis to identify strategic planning alternatives and inform the least-cost test.
  • Prepares horizontal analyses (across LCFIs) and vertical analyses (within the individual LCFI).
  • Develops vertical strategy, including preparation of institution specific assessments in coordination with other sections across the division.
  • Develops and communicates highly technical information, both orally and in writing, to audiences within and outside the Division, including senior FDIC officials, peers and management of other domestic and foreign authorities as well as private sector executives.
  • Participates in meetings with other domestic and international supervisory and regulatory agencies, representatives of financial institutions, and private industry.
  • Provides strategic leadership in developing, evaluating, and implementing overall resolution strategy or strategies as well as liquidity and funding specific components of strategy. Analyze sources and uses of funding at firms to support strategic planning including tools to estimate liquidity scenarios in stress, runway and resolution.
  • Develops valuation processes internally and through relationships with financial advisors will inform restructuring strategies, distributions to creditors, requirements to exit a Bridge Bank or Bridge Financial Company, and minimum payment analysis.


Travel Required

Occasional travel - Occasional travel is required.

Supervisory status
No

Promotion Potential
14

Requirements

Conditions of Employment



Registration with the Selective Service.

U.S. Citizenship is required.

Employment Conditions.

Completion of Financial Disclosure may be 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 CG 13: To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS 12 grade level or above in the Federal service. Specialized experience is defined as developing research and data analysis and/or written evaluation of information for the review or development of resolution plans or strategies of a large, complex financial institution (bank or bank holding company with total assets above $50 billion), to the valuation of such an institution, or to capital management or analysis or liquidity stress testing or analysis of such an institution.

For CG 14: To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS 13 grade level or above in the Federal service. Specialized experience is defined as analyzing, developing, or implementing financial institution recovery or resolution plans (e.g., corporate restructuring, workouts or bankruptcy, or living wills) or leading the examination or assessment of the operations and financial condition of a large, complex financial institution (e.g., bank/bank holding company over $50 billion in total assets).

Applicants must have met the qualification requirements (including selective placement factors - if any) 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 80 or higher in the online assessment to be determined "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

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

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

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 29.52% to a high of 37.05. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.

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. 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.

If you are found qualified, you will be placed in one of three categories: Best Qualified, Highly Qualified, or Qualified. These category assignments are a measure of the degree in which your background and responses to the assessment questions match the competencies/knowledge, skills, and abilities (KSAs) listed below. Within these categories, candidates eligible for veterans' preference will receive selection priority over non-veterans.

  • Knowledge of financial institution restructuring, bankruptcy, recapitalization, mergers and acquisitions, bridge entities, resolution strategies, and creditor claims.
  • Knowledge of capital adequacy which may include direct and independent participation on examinations to assess wholesale and retail credit, investment portfolios, foreign exposure, earnings, and the ALLL.
  • Knowledge of financial institution resolution strategies, bankruptcy, Federal Deposit Insurance Act, or Dodd-Frank Act Title II authority.
  • Knowledge of liquidity planning, management, and adequacy including for resolution purposes, which may include direct participation in review activities such as CLAR and other exams to assess asset/liability management, as well as LCR, ILST, deposit profile and behavior, and other liquidity drivers for IDIs, SIFIs, and financial institutions.
  • Ability to plan and implement communication, coordination, and outreach activities with federal, state, and foreign regulators and international banking entities.
  • Ability to collect, review and analyze complex financial and non-financial data from a variety of sources, and develop sound logical conclusions.

  • 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

    Position sensitivity and risk
    Moderate Risk (MR)

    Trust determination process
    Suitability/Fitness

    Required Documents

    Failure to provide all of the required documentation as stated in this vacancy announcement, may result in an ineligible determination or may affect your consideration status. 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 (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans' preference eligibility.)

    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 .

    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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