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

Summary

This position is located in the Office of the Chief Financial Officer of the Federal Deposit Insurance Corporation in Washington, D.C.

Salary reflects a pay cap for this position of $325,000.

Learn more about this agency

Duties

Help

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.

Requirements

Help

Conditions of employment

2-page Resume Requirement: Please limit your résumé 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.

Top Secret/Sensitive Compartmented Information (SCI)/ Special Sensitive Background Investigation (SSBI) required.

Ability to obtain and maintain a Top-Secret/Special Compartmented Information (TS/SCI) security clearance.

Applicant tentatively selected for this position will be required to submit to urinalysis to screen for illegal drug use prior to appointment and will be subject to random drug tests.

Must be able to obtain and maintain an interim and/or final security clearance prior to entrance on duty. Failure to obtain and maintain the required level of security clearance may result in the withdrawal of a job offer or removal.

Employee may be relocated to any duty location to meet management needs.

Qualifications

To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through progressively responsible management or executive-level assignments.

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 (e.g., number of employees supervised).

Leadership Experience 1: Experience in overseeing and coordinating the work of organizational units directly and indirectly through subordinate supervisors, including assigning work, directing changes to programs and priorities, and evaluating performance against goals; AND

Leadership Experience 2: Experience in managing employee performance and growth directly and indirectly through subordinate supervisors, including evaluating employee readiness for successive roles, recognizing accomplishments, providing feedback and development opportunities, and addressing performance/conduct issues; AND

Technical Experience: Experience in directing, coordinating, and maintaining integrated financial management systems, policies, and programs, such as accounting, budgeting, financial reporting, auditing, and management analysis.

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 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.

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

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

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

FDIC Executive Managers (EM) are in the Federal competitive service and not the Senior Executive Service (SES). As an EM at the FDIC, you will provide executive leadership and managerial direction over substantive activities related to planning, developing, executing, and coordinating the Corporation's programs and policies.

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.

Help

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. Opens in a new windowLearn more about federal benefits.

The FDIC offers comprehensive 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.

In addition, under FDIC's Group Life Insurance Program, basic life insurance coverage for Executive Managers is automatically equal to 3 times their salary (rounded to the next higher thousand) up to a maximum of $800,000. Executives may also choose from two other lower coverage options. The Corporation pays for the cost of the basic coverage unless employees also elect to be covered under the Federal Employees Group Life Insurance Program (FEGLI).

To find out more, click here.

Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.