This position is located in the Legal Division, Office of General Counsel, Resolution & Receivership Branch, Complex Financial Institutions Section of the Federal Deposit Insurance Corporation in Washington, D.C. The Assistant General Counsel directs and oversees substantive and administrative matters for the Complex Financial Institutions Section. Salary reflects a pay cap for this position of $290,000.

Duties

Identifies complex legal problems related to risk and the potential resolution of the largest, systemically important financial institutions, including complex financial institutions engaged in cross-border operations, and supervises legal research related to these problems. The concept of complex legal problems includes problems designated as protracted and/or involving novel and complex legal issues involving large dollar amounts. Independently interpret and apply applicable statutory and regulatory guidelines in the development and assessment of policy initiatives related to systemic monitoring and analysis activities related to the mitigation of risk exposures related to large and complex financial institutions. Provide legal advice and guidance on the formulation and execution of regulations, policies, and procedures with respect to the oversight and monitoring of all bank holding companies (BHC) with assets of $100 billion or more (and all insured depository institutions under the BHC). Provide legal advice and guidance on the analysis, development, and implementation of strategies to improve coordination and capabilities for monitoring and resolving complex financial institutions engaged in cross-border operations and businesses. Negotiate and monitor agreements with U.S. and foreign supervisory and regulatory entities covering exchange of information as well as coordination of monitoring, resolution planning, execution, and legal proceedings. Supervise and participate in development, recommendations, and advocacy for legal and policy changes in foreign jurisdictions, and contractual and operational arrangements with international organizations and private corporations. Identifies major, complex and novel legal issues. Oversee communication with law firms retained to handle legal matters relating to corporate finance, corporate restructuring, mergers and acquisitions, international finance, and the complex resolution of cases with assets of $100 billion or more. Review selected memoranda of law, pleadings, motions, interrogatories, briefs, judgments, orders, and other documents incidental to the failure of complex systemically important financial institutions and their resolution. Represent the Corporation in inter-agency and international task forces. Coordinates, and when appropriate, participates in the negotiation of resolutions and litigation of cases with assets of $100 billion or more (and all insured depository institutions under the BHC), as well as all non- bank financial companies. Oversees actions to preserve potential FDIC claims in litigation such as those brought by the creditors of a failed entity. Provide general guidance and instruction to the section's professional staff and provide counseling and legal advice to the General Counsel, Director of CISR, the Chairman, Board of Directors, officials of other domestic and international supervisory and regulatory agencies, and representatives of financial institutions and private industry on matters of extreme complexity and delicacy, with potentially significant consequences, regarding the failure of systemically important financial institutions and their resolution. Confers with and acts in an advisory capacity to the General Counsel, CISR management and high-level executives. Gives public addresses on matters relating to the monitoring and risk assessment, and the potential resolution of the largest, systemically important financial institutions, and coordination with foreign regulators in resolving complex financial institutions engaged in cross-border operations and businesses. Reviews legal analyses and recommendations for the consideration of the General Counsel, CISR management and high-level executives of relevant financial institutions. The incumbent has general supervisory responsibility over the assignment of staff and resources to perform the activities of the Section. Oversee and manage the substantive and administrative matters performed by Senior and Supervisory Counsels and others under the incumbent's direct supervision. Responsible as the first or second line supervisor for reviewing (and in most matters approving or rejecting) staff attorney recommendations regarding the advisability of matters. Incumbent discharges all supervisory responsibilities. Shares in the Corporation-wide commitment to develop Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personnel plans, processes, programs, and metrics in compliance with Corporate policy, legal requirements, and the mission of the Division; leads efforts to mature the organization and management of work within area of responsibility; leads diverse groups of employees to: direct work, review outcomes/effectiveness, develop and assess subordinate managers, and promote 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, skills, and abilities 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 1: Experience in managing a legal office, evidencing a demonstrated ability to effectively manage programs and work of others. Broad and general practice background and experience in commercial and business law with emphasis in banking related areas; AND Leadership Experience 2: Experience in operating through subordinate managers conducting legal services and counsel. Legal experience leading collaborative efforts or assisting in running an organizational unit that involves work of a highly technical (legal) nature that has a major impact on an agency's financial regulatory and supervisory functions. Technical Experience 1: Experience in establishing and maintaining effective working relationships with high level officials within and outside the Corporation; leveraging relationships in collaborative efforts or negotiations on matters impacting complex financial institutions and/or systemic threats to the U.S. financial system; AND Technical Experience 2: Experience in managing a legal office, evidencing a demonstrated ability to effectively manage programs and work of others. Broad and general practice background and experience in commercial and business law with emphasis in banking related areas; AND Technical Experience 3: Experience providing guidance and legal advice to executives and senior officials on financial regulatory activities. Basic Qualification Requirement: License to practice before the highest court of a state, territory, commonwealth, or the District of Columbia and in good standing.

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. Room VS-D3026 Arlington, Virginia 22226 United States
• Name: Kaitlin McGrath
• Phone: 781-794-5777
• Email: [email protected]