Job opening: FCA Examiner (Capital Markets)
Salary: $100 742 - 166 223 per year
Published at: Feb 16 2024
Employment Type: Full-time
The Farm Credit Administration (FCA) regulates Farm Credit System (System) institutions including banks, associations, and related entities, as well as the Federal Agricultural Mortgage Corporation (Farmer Mac). Capital Markets Specialists evaluate a broad array of financial activities and products at the most complex System institutions. Most activities involve serving as a member or leader of an examination team under the direction of a Sr. Examiner or the Finance Specialty Program Manager.
Duties
As a Senior Capital Markets Specialist, your duties will include:
Planning, leading and participating in examinations of System institution financial condition and performance (i.e., capital, earnings, liquidity), interest rate risk, loan pricing, funds transfer pricing, derivatives, hedging, fixed-income investments, securitization, and funding through debt capital markets. A Senior Capital Markets Specialist plans and leads finance examinations with limited direction or supervision. Such examinations include an assessment of risk, board policies, procedures, financial modeling and model risk management, management and internal control processes, operating practices, and compliance with laws and regulations.
Ensuring risks are appropriately identified, measured, monitored, and controlled. Making recommendations that are fully supported and ensuring System institutions take corrective action when weaknesses are identified.
Developing reports that summarize examination conclusions and recommendations and presenting them to System institution senior management.
Acting as a finance lead with primary responsibility for the oversight and monitoring of a large, complex Farm Credit System institution, and serving as a coach for less tenured Capital Markets Specialists in the oversight and monitoring of their assigned institutions.
Serving as an advisor and trainer for other examiners, including less tenured Capital Markets Specialists, on System institution finance and capital markets issues; developing examination guidance; developing informational letters to System institutions; analyzing systemic risks; and participating in task forces that develop policy and regulations related to capital markets and finance areas.
Advising decision makers and agency senior leaders as a subject matter expert in the areas of finance and capital markets, including identifying and assessing areas of substantial or systemic capital markets risk.
Requirements
- Must be a U.S. citizen.
- One year probationary period, unless previously served.
- Suitability for Federal employment, as determined by a background investigation.
- Submission of a financial disclosure report may be required.
- Males born after 12-31-59 must be registered for Selective Service.
- Complete the initial online assessment and USAHire Assessment, if required
Qualifications
Ideal candidates is a commissioned bank examiner and have experience in any of the following areas:
Analyzing financial institution exposure to interest rate risk, including experience analyzing the management and measurement of interest rate risk and sophisticated interest rate risk models.
Assessing financial institution capital adequacy under a Basel III regulatory capital regime, including experience evaluating capital planning and stress testing,
Evaluating financial institution liquidity risk, including experience analyzing funding strategies and contingency funding plans, and evaluating the adequacy of high-quality liquid assets as a secondary source of liquidity.
You may qualify at the VH-40 (GS-14 equivalent) band level if you have one year of specialized experience equivalent to the next lower level, VH-39 (GS-13) band level. Specialized experience is experience that has equipped you with the knowledge, skills, and abilities to perform successfully the duties of the position. Specialized experience includes serving as a senior leader in the management, examination, or audit of a financial institution's finance and capital markets activities (e.g., capital, earnings, liquidity, sensitivity to interest rate risk, investments, securitizations, derivatives) and related risk management practices, preparing written reports conveying the results of these activities, developing policy or guidance, and providing subject matter expertise to decision makers through briefings, presentations, trainings, or consultation.
This experience may have been gained as a financial regulator, consultant, auditor, analyst, or as an employee at a financial institution.
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.
You must meet all qualification requirements and submit all required supporting documentation by the closing date of this announcement. If you are found to be among the most highly qualified candidates you will be referred to the hiring manager for further consideration and possible interview.
Time-In-Grade Requirements: Current and former Federal employees (including VEOA eligibles) must have served one-year (52 weeks) at the next lower grade in the Federal service to meet time-in-grade restrictions per 5 CFR 300, Subpart F, by the closing date of the announcement.
Education
There is no substitution for education at the VH-40 band level.
Contacts
- Address Office of Agency Services, Human Resources Division
1501 Farm Credit Drive
McLean, VA 22102
US
- Name: FCA HR Division
- Phone: 703-883-4135
- Email: [email protected]