Chief, Institution Risk Branch, CM(Merit Promotion)

Summary

There are two (2) Chief Institution Risk Branch positions located in the Division of Complex Institution Supervision and Resolution (CISR) Institution Risk Branch (IRB) of the Federal Deposit Insurance Corporation in either New York NY or Charlotte NC.

Salary reflects a pay cap for this position of $277500.

Duties

As the Chief Institution Risk Section the incumbent is responsible for directing and overseeing the work of highly trained multi-disciplined staff primarily engaged in evaluating risks of specific complex financial institutions which include insured banks bank holding companies and other entities. Specific tasks and functions pertaining to the job include but are not limited to:

• Responsible for onsite monitoring of risks within complex financial institutions through use of diagnostic risk evaluation tools and systems; firm management information systems; supervisory program assessments; horizontal risk assessments; capital markets analysis; engagement with firm management other regulatory agencies as well as other CISR Branches and FDIC Divisions and Offices; to identify risk in complex financial institutions and recommend appropriate backup supervisory response or action.
• In conjunction with the other section chiefs dedicated examiners complex institution specialists and other supervisory staff coordinates the monitoring and supervision of complex financial institutions for back-up supervisory and deposit insurance purposes.
• Collaborates with other groups within FDIC other regulators including Federal and International and other parties as appropriate to identify collect and manage pertinent information from complex financial institutions and other data sources as needed to measure monitor and control risks and mitigate risk to the Deposit Insurance Funds.
• Responsible for preparation of reports to summarize complex financial institution-specific risks and corrective actions and other remediation plans that have been recommended to address risks. As needed provides specialized reports and summaries and when necessary coordinates firm specific monitoring and analysis for other CISR Branches FDIC Divisions and Offices the Chairman the Financial Oversight Committee policymakers other supervisory and regulatory agencies and other entities.
• Develops new diagnostic risk evaluation tools and programs to assess risk profiles of specific complex institutions concentrations of risk in specific institutions risk correlations and industry outliers that pose financial vulnerabilities in specific institutions working closely with Horizontal Risk Chiefs in interpreting and implementing results of risk assessment tools and programs.
• Assists the Associate Director and Deputy Director Institution Risk Branch and the Director of CISR when they serve as senior subject matter experts for matters pertaining to institution specific analysis of complex financial institutions.
• Serves as an advisor to Associate and Deputy Directors Institution Risk Branch and at times the Director of CISR for all matters pertaining to supervisory and/or resolution readiness programs for complex financial institutions.
• Establishes and maintains cooperative relationships with Associate and Deputy Directors throughout CISR and other Divisions and Offices within the Corporation officials of other supervisory and regulatory agencies and representatives of financial institutions. Represents the Division on assigned matters pertaining to supervisory and/or resolution readiness programs and serves as a spokesperson on FDIC plans policies and procedures as they relate to complex financial institution monitoring and other matters under the branchs purview.
• 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

Conditions of employment

2-page Resume Requirement: 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.

Employment Conditions.

This position requires the selectee to file a confidential 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 Minimum Background Investigation (MBI) required

This position requires a Non-Sensitive/High Risk Background Investigation (BI).

Qualifications

To meet the minimum qualifications applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through serving in roles that require managing projects/teams or guiding the technical work of others.

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 skills and abilities and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience including volunteer experience.

MINIMUM QUALIFICATIONS : All applicants must submit a resume that addresses each minimum qualification experience. Examples should be clear concise and emphasize your level of responsibilities; the scope and complexity of the programs activities or services you managed; program accomplishments; policy initiatives undertook; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments.

Leadership Experience : Experience in leading and coordinating projects including establishing expectations reviewing work products/services monitoring progress and providing guidance and feedback to team members; AND

Technical Experience 1 : Experience in conducting in-depth analyses of specific markets products and practices pertaining to one or more of the following areas: retail lending credit card lending auto lending mortgage lending commercial real estate lending commercial lending trading counterparty risk foreign exposures liquidity risk earnings performance issues capital adequacy and/or operational risk; AND

Technical Experience 2 : Experience in leading or contributing to working groups evaluating risk management supervision and/or resolution and receivership policies and procedures for large complex financial institutions (LCFIs) developing and presenting findings and solutions and implementing changes to applicable programs; AND

Technical Experience 3 : Experience in developing and maintaining cooperative relationships internal and external stakeholders including foreign partners and regulators; AND

Technical Experience 4 : Experience in leading collaborative projects or studies with subject matter experts on complex issues related to LCFIs; distributing work for research and planning evaluating work contributed providing feedback to team members and ensuring results are sound and accepted.

Large complex financial institutions (LCFIs) may be defined as financial intermediaries engaged in some combination of commercial banking investment banking asset management and insurance whose failure poses a systemic risk or externality to the financial system as a whole. These risks are intertwined among both insured and uninsured subsidiaries and the largest and most complex of these companies often have global footprints and interdependent counterparty relationships with one another that increase their complexity and risk.

Education

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

Additional information

Ifselectedyoumayberequiredtoserveaprobationaryor trialperiodasapplicabletoappointment type. During the probationary or trial periodyou will be evaluated for fitness and whether your continued employment advances the public 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.

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

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

This position is a Corporate Manager CM-00which is equivalent to above the CG/GS-15.

This is a recommended minimum step 9 position.

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 19.67% to a high of 40.07%. 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.

Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently or have been within the last 5 years a political Schedule A Schedule C or Non-Career SES employee in the Executive Branch you must disclose this information to the HR Office.

Candidates should be committed to improving the efficiency of the Federal government passionate about the ideals of our American republic and committed to upholding the rule of law and the United States Constitution.

Required Experience:

Chief