Chief, Least Cost Modeling and Valuations, CM-1101-00 (FDIC-Only)

About the role

This position is located in the Division of Resolutions and Receiverships (DRR), Resolution Strategy Branch, Franchise Analysis & Marketing Section of the Federal Deposit Insurance Corporation in either Dallas, TX, New York City, NY, or Washington, D.C. Salary reflects a pay cap for this position of $277,500.

What you will do

• Primary responsibility for developing, maintaining, and applying the Least Cost Test to all resolution transactions.
• Serves as a project leader and manager in the Resolution Strategy Branch.
• Develops policy and oversees resolutions of failing institutions as well as various projects related to resolutions nationwide.
• Develops and/or interprets policies and oversees responsibility for all aspects of the least cost resolution process.
• Monitors the application of policies by staff and provides justifications for major program changes as appropriate.
• Monitors and evaluates program effectiveness and execution to ensure overall efficiencies.
• Stays abreast of current resolution issues and solicits input from subordinates for determining when policy and operational procedural changes are needed.
• Analyzes or oversees the analysis of proposals to mitigate risk to the insurance fund.
• Develops comprehensive business and strategic plans to facilitate accomplishment of Division goals and objectives including directing and/or engaging in a variety of special assignments, projects, and activities as maybe required.
• Reviews, evaluates and recommends proposals submitted by bidders.
• Evaluates information regarding new developments in complex asset types, evolving financial risks, and least cost test methodologies.
• Provides advice and guides staff personnel regarding planning, directing, reviewing, analyzing, and coordinating the division's policies, guidelines, and procedures.
• Interprets policies, procedures, and guideline materials for inclusion in various operational manuals.
• Establishes and maintains continuing liaison with counterparts in other organizational elements of the Corporation and officials of other regulatory agencies.
• Serves as the principal liaison for coordinating activities with and obtaining resources from various external organizations, e.g., Division of Complex Institution Supervision and Resolution, Legal Division, Division of Risk Management Supervision, Division of Finance, etc., involved in the resolutions processes.
• Represents the Division in top level studies and projects crossing organizational lines, and on Corporate and senior Division committees and provides oral and written presentations to FDIC's Board of Directors, Chairman, and senior management officials as well as officials of other agencies.
• Exercises supervisory personnel management authority and performs the full range of performance management duties to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback to others on their performance.
• Identifies training and developmental needs for staff and provides regular recognition of staff.
• Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action.
• Hears and resolves grievances or other disputes as appropriate.
• Approves/ disapproves requests for leave, telework, travel, training, etc.

Requirements

• Please limit your resume to 2 pages (minimum 10-point font).
• If more than 2 pages are submitted, only the first 2 pages will be reviewed to determine your eligibility/qualifications.
• Registration with the Selective Service. U.S. Citizenship is required.
• This position requires the selectee to file a conditional financial disclosure report (OGE Form 450) as a condition of employment.
• Employee may be relocated to any duty location to meet management needs.
• This position requires a High Risk/Non-sensitive Background Investigation (BI).

Education

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

How you will be evaluated

1. Your resume will be reviewed, to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contains sufficiently detailed information upon which to make the qualification determination.

2. If you are found minimally qualified, a Management Screening Panel (MSP) will review your resume against pre-established benchmarks related to the competencies/KSAs, to determine if you possess the competencies/KSAs and key experiences. 3.

Top ranked candidates will be invited to participate in one or more structured panel interviews to further assess technical competencies, confirm organizational fit, and commitment to American ideals. The competencies/KSAs you will be assessed on are listed below.

Organizational Awareness External Awareness Developing Others Managing Risk Influencing Others Advising Knowledge of banking, accounting, finance and statistical methods governing financial institutions, use of technology, and the ability to apply this knowledge to highly complex issues involving the evaluation of the least cost resolution.

Knowledge of the least cost test and its application to failing banks. Knowledge of the policies, procedures, rules, regulations, and laws dealing with the resolution and receivership process. Skill in the principles, practices, and methods of financial analysis and in its application in resolving financial matters.

Skill in the analysis of current conditions and trends of financial institutions and/or bank holding companies. Ability to communicate highly complex financial structures and transactions by way of formal presentations, written papers and other communication channels. Your resume will serve as responses to the competencies/KSAs.

Only include experience directly relevant to the position. Experience must be explicitly stated in the resume as experience not specifically described in the resume cannot be assumed. Resumes that are vague or don't address specific requirements will not receive maximum consideration.

You may preview questions for this vacancy.

Documents you must provide

• 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: Your two (2) page resume showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date).
• 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.
• Please note that your form must be printed in landscape orientation for the required signatures to be visible.
• If you want to be considered non-competitively include a copy of your SF-50.
• The SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying.
• Multiple SF-50s may be necessary to determine your eligibility.

Benefits

A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Learn more about federal benefits.

In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors. To find out more, click here.

What to expect next

The Fair Chance Act prohibits inquiries concerning an applicant's criminal history information unless the hiring agency has made a conditional (tentative) offer of employment to the applicant.

An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting the Federal Deposit Insurance Corporation's Human Resources Staffing Policy and Accountability team at *** You may check the status of your application on-line 24 hours a day, 7 days a week through USAJOBS by signing in and selecting "Application Status." Thank you for your interest in working for the Federal Deposit Insurance Corporation.

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 or trial period as applicable to appointment type. During the probationary or trial period, you will be evaluated for fitness and whether your continued employment advances the public interest.

In determining if your employment advances the public interest, we may consider: your performance and conduct; the needs and interests of the agency; whether your continued employment would advance organizational goals of the agency or the Government; and whether your continued employment would advance the efficiency of the Federal service.

Upon completion of your probationary or trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest. If selected, you may be required to serve a supervisory/managerial probationary period.

Additional selections may be made from this vacancy annoucement to fill identical vacancies that occur subsequent to this annocement. This position is a Corporate Manager, CM-00 which is equivalent to above the CG/GS-15. This is a recommended minimum Step 5 position.