Deputy to the Chairman & Chief Financial Officer, (Merit Promotion)

Deputy To The Chairman And Chief Financial Officer

As Deputy to the Chairman and Chief Financial Officer, the incumbent serves as the principal advisor to the Chairman and to corporate senior managers on the financial affairs and risk management of the Corporation.

The incumbent is responsible for the long-range planning, development and coordination of programs, operations and procedures relating to the financial management operations of the Corporation. Analyzes and evaluates complex proposals, questions proposals in light of documentary evidence, and makes recommendations and decisions that have a critical impact on accounting systems utilized by the FDIC to carry out its programs and to ensure effective financial reporting.

Implements programs consistent with the Chief Financial Officers Act of 1990, including establishing and maintaining sound financial management systems, accounting systems, and corporate budgeting procedures and cash management systems.

Develops FDIC's annual budget in conjunction with the FDIC Program Managers and recommends adoption of the budget by the Chairman and Board of Directors. Monitors and reports on FDIC's performance against budget parameters and annual FDIC performance goals.

Directs the development and implementation of Corporation-wide policies governing cash management and funding, insurance fund investment, assessment operations, budgeting, accounting, financial reporting, taxes, internal controls, and travel.

Monitors and evaluates Corporation financial program effectiveness with an emphasis on the efficient accomplishment of objectives, avoidance of duplication of efforts, maximum utilization of funds and personnel, and the successful coordination of related programs or operations in the FDIC.

Establishes and maintains continuing liaison with top management officials of the FDIC, officials of other regulatory agencies, representatives of Congress, various financial institutions and private industry. Through this liaison, the incumbent articulates FDIC plans, policies and procedures, and gains the continued cooperation and support of top policy-making officials within and outside the Corporation.

Provides direction for program information systems and program data (including program performance measures); and champions the evaluation and adoption of new, innovative technologies that enhance organizational efficiency and mission accomplishment.

Serves as an integral member of the Corporation's Operating Committee and is co-chair of the Capital Investment Review Committee (CIRC). Participates fully in program and policy formulation and execution of corporate-wide operations. Chairs the FDIC Investment Advisory Group.

Directs and motivates a staff of subordinate executives. Provides input into hiring, evaluating, and terminating both Headquarters and Field financial personnel. Ensures that the FDIC operational and accounting programs are administered effectively and in accordance with broadly stated objectives and priorities. Establishes goals, objectives, and performance expectations; evaluates results and work performance; and provides feedback. Identifies training and developmental needs for staff and provides recognition. Approves disciplinary action and hears and resolves grievances and/or disputes. Approves/disapproves requests for leave, telework, travel, training, etc. Ensures that programs are administered effectively and in accordance with broadly stated objectives and priorities.

Develops personnel plans (employee development, performance), processes, programs, and metrics in compliance with Corporate policy, legal requirements, and the mission of the CFO Organization; leads efforts to mature the organization and management of work within area of responsibility; leads groups of employees to: direct work, review outcomes/effectiveness, and develop and assess subordinate managers; maintains a positive workplace culture free of harassment, misconduct, retaliation and discrimination.