Job opening: Asset Management Specialist, CG-1101-13/14
Salary: $115 582 - 235 067 per year
Relocation: YES
Published at: Dec 14 2023
Employment Type: Full-time
This position is located in the Division of Resolutions and Receiverships, Asset Marketing & Management Branch, responsible for the management and resolution of loans and other assets.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Duties
Analyzes data related to asset/portfolio management loan servicing/sale agreements and the financial institution industry, recommends/presents to supervisor findings that may affect recoveries.
Prepares analyses and develops resolution strategies for the disposition of large, this may entail analyzing personal and corporate financial statements, budgets, appraisals and net present value calculations.
Analyzes all pertinent data concerning management of assets according to the agreement monitoring responsibilities.
Work with staff and contractors in carrying out duties.
Seeks legal advice to determine proper action on assets.
Monitors asset management policies and procedures, including workout, loan modification, classification, charge-off to ensure compliance of activities.
Keeps current on industry matters related to bank closing and asset management activities in order to recommend appropriate changes in Division policies, guidelines, or operational procedures.
Qualifications
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.
To qualify for the CG-13: Applicants must have completed at least one year of specialized experience equivalent to at least the GS/CG-12 grade level or above in the Federal service. Specialized experience is experience reviewing and analyzing loans, loan portfolios, and other assets within insured depository institutions or acquired from failed financial institutions; identifying distressed loans; and developing resolution strategies.
To qualify for the CG-14: Applicants must have completed at least one year of specialized experience equivalent to at least the GS/CG-13 grade level or above in the Federal service. Specialized experience is experience managing assets which include revolving lines of credit, commercial loans, commercial real-estate (CRE), consumer loans, government guaranteed loans, and other assets acquired from failed financial institutions.
Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 80 or higher in the online assessment to be determined “well qualified” for this position. For more information, click here.
Education
There is no substitution of education for the experience for this position.
Contacts
- Address Federal Deposit Insurance Corporation
FDIC Human Resources Branch
1601 Bryan Street
Dallas, Texas 75201
United States
- Name: FDIC
- Phone: 703-562-2387
- Email: [email protected]