There are two positions located in the Division of Resolutions and Receiverships, Washington, DC or Dallas Regional Office of the Federal Deposit Insurance Corporation and provides support in the areas of assisting with resolution and receivership operational functions in the event of bank failure. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Duties

Performs compliance reviews of insured depository institutions covered by federal regulation.  Manages all aspects of assigned FDIC 12 C.F.R.§ 360.9 compliance program reviews, 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.  Attends meetings with insured depository institution officials and technology service providers to discuss the findings of the deposit insurance compliance reviews and obtains commitments for correction of deficiencies.  Develops recommendations for correction of weaknesses or deficiencies in institution deposit operations, management, policies, or other areas subject to criticism.   Assesses data structure and data completeness related to deposits and produces necessary reports.  Reviews and monitors controls related to the deposit accounts and information systems operations and policies. Performs statistical and logical data analysis and modeling on deposit data to ascertain patterns that can aid decision making.  Constructs data models using a variety of algorithms and software to perform analyses.  Refines 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; determines changes in risk profiles; monitors compliance follow-up requirements and determines progress; and investigates adverse or unusual situations. Assists resolution and receivership operational functions in the event of bank failure including, but not limited to, deposit insurance claims, non-deposit claims, proforma, investigations, receivership management, and recordkeeping. Participates in bank closings as required.  Performs pre-closing process, as part of pre-closing due diligence team.  Prepares written reports of pre-closing findings and recommendations. Prepares or reviews written cases.

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 12 grade level or above in the Federal service.  Specialized experience is defined as experience conducting compliance reviews of insured depository institutions to determine compliance with applicable deposit insurance laws and related rules and regulations OR experience 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 300 S. Riverside Plz. Suite 1700 Chicago, Illinois 60606 United States
• Name: Raquel Jackson Morton
• Phone: 312-382-6834
• Email: [email protected]