This position is located in the Division of Resolutions and Receiverships (DRR), Business Operations Support and is responsible for managing  aspects of FDIC compliance program and performing compliance reviews of insured depository institutions covered by federal regulation. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Duties

Serve as a SME and technical expert responsible for performing compliance reviews of insured depository institutions covered by federal regulation. Manage all aspects of the FDIC’s 12 C.F.R. § 360.9 compliance program, including identifying new covered institutions, providing guidance and assistance to covered institutions, processing exemptions requests, performing compliance reviews, analyzing data, resolving issues, and generating management reports.   Attend meetings with insured depository institution officials and technology service providers to discuss the findings of the deposit insurance compliance reviews and obtain commitments for correction of deficiencies.  Develop recommendations for correction of weaknesses or deficiencies in institution deposit operations, management, policies, or other areas subject to criticism. Assess data structure and data completeness related to deposits and producing necessary reports.  Review and monitors controls related to the deposit accounts and information systems operations and policies. Perform statistical and logical data analysis and modeling on deposit data to ascertain patterns that can aid decision making.  Construct data models using a variety of algorithms and software to perform analyses.  Refine models to take the latest bank data and other relevant information into account and ensure sufficient accuracy. Develops institution-specific deposit analysis that details the stratification of deposit accounts and identifies potential obstacles to an orderly and timely resolution in the event of failure.  Prepares analysis of deposit insurance rights and capacities; reviews supporting documents for the various deposit account types to ensure compliance with laws and regulations. Researches insured depository institutions for specific purposes such as merger, acquisition, change of information technology systems, and similar activities; determining changes in risk profiles; monitoring compliance follow-up requirements and determining progress; and investigating adverse or unusual situations. Participate in bank closings as required.  Perform pre-closing process, as part of pre-closing due diligence team.  Prepare written reports of pre-closing findings and recommendations. Prepares or reviews written cases. Performs as an SME in the area of deposit and non-deposit claims and processes the timely payment of claims in accordance to the applicable laws and regulations. Participate in the development and presentation of training materials and serve a subject matter expert on special projects involving emerging issues or rapidly changing regulations or policies.

Requirements

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, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-13 grade level or above in the Federal service. Specialized experience is experience conducting data analysis and modeling AND either (1) compliance reviews of financial institutions to determine compliance with applicable deposit insurance laws and related rules and regulations, OR (2) performing resolution and receivership operational functions for large, complex financial institutions (“CFI”). 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: Derrick Carroll
• Phone: 678-916-2306
• Email: [email protected]