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Job opening: Chief, Resolutions and Closing, CM-1101-00 (Temporary Promotion)

Salary: $149 136 - 270 000 per year
Relocation: YES
Published at: Aug 10 2023
Employment Type: Full-time
This position is located in the Division of Resolutions and Receiverships of the Federal Deposit Insurance Corporation in Washington D.C. and Dallas TX. The Cohort assignment for this position is B, which reflects a salary cap of $270,000.

Duties

Organizes, plans, participates in, or facilitates meetings (e.g. for closing activities) with FDIC officials, attorneys, accountants, contractors, representatives of financial institutions or other private sector business management, potential acquirers and/or other federal and state regulatory agency officials. Manages and directs the analysis the most complex documentation in order to determine the appropriateness of a complex claim transaction and the acceptable method of handling said transaction or claim. Manages and directs the review and analysis of depositor insurance determinations relating to financial institutions, including the review and payment of deposit insurance claims and dividends. Serves as the subject matter expert for deposit insurance determinations. Works closely with legal representatives in assembling data regarding claims activities, and responds to questions received from bank officials. Reviews the most complex claims filed against the receivership of financial institutions. Directs and manages large payoffs in failed FDIC insured financial institutions. Manages and directs the work associated with the analysis of financial information, corporate structure, asset mix, capitalization structure, physical and intangible assets, and financial and managerial practices of financial institutions insured by the FDIC to prepare Information Packages and Asset Valuation Reviews, develop resolution strategies, and ascertain the value and risks inherent to the insured institution. Manages and directs the preparation of reports and presentations which provide appropriate information to potential bidders. Provides technical assistance to potential bidders in the resolution process. Oversees potential bidder's due diligence to assure equal access to information and uphold pertinent regulations regarding confidentiality during the resolution process. Analyzes information available from the FDIC, financial institutions, and other sources to evaluate changes in the condition of the industry and develop appropriate FDIC response mechanisms to increases in systemic risk. Analyzes information regarding new developments, complex asset types, and evolving financial risks and least cost methodologies. Maintains current knowledge of changes in financial principles within the financial industry which may impact local, national, and/or global economies and the risk to the insurance fund. Monitors and analyzes financial and industry information regarding various geographic markets to maintain a current understanding of the feasibility of various marketing methods for failed financial institutions. Understands the competitive nature of the local banking market and local or regional economic factors to minimize the potential for disruption of vital financial services during the resolution process. 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. Assures private sector contractor adherence to contract terms, FDIC standards, and contracting procedures. Oversees monitoring of contractors' efficient use of resources, review of work papers, and acceptance of final product and payment for services upon satisfactory completion of the contracted task. Ensures that Equal Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personnel plans, processes, and programs are executed equitably consistent with Corporate policy, legal requirements, and the mission of the Division; organizes, coordinates, and manages the work of diverse teams of employees by assigning work, developing employee skills, assessing/monitoring employee performance, and promoting inclusion.

Requirements

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, 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. 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 leadership 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: Experience leading projects and/or programs including planning, organizing, developing and overseeing the accomplishment of goals, managing or reviewing the work of others to include setting, and adjusting priorities, and ensuring compliance of any requirements. Technical Experience: Experience as a subject matter expert on or leading a team in at least one of the following functional areas during the resolution and closing process for failed or failing financial institutions: Contract Oversight, Asset Management, Resolution Accounting, Investigations, Claims or Franchise Marketing.

Education

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

Contacts

  • Address Federal Deposit Insurance Corporation Human Resources Branch, Executive Services Staff 3501 Fairfax Dr. Arlington, Virginia 22226 United States
  • Name: Chiquita Evans
  • Phone: 571-438-3980
  • Email: [email protected]

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