This position is located in the Division of Resolutions and Receiverships, Washington, DC or Dallas, TX of the Federal Deposit Insurance Corporation and provides support of franchise marketing and exercises, marketing and sales activities related to the least cost resolution of large and complex failing financial institutions. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.  

Duties

Gathers and analyzes financial and other information concerning the institution; coordinates on-site bidder due diligence and meetings with key bank managers. Analyzes, reconciles and understands highly complex failing bank general ledger accounts and conveys failing bank operational specifics to appropriate parties. Analyzes call report data, other publicly available information and confidential supervisory information such as bank examination reports. Markets financial institutions, loans, subsidiaries, business lines and other assets and liabilities, including the review and analysis of the assets, to determine appropriate pool structure designed to enhance market interest. Analyzes financial and industry information for various marketing methods for failing financial institutions. Develops and presents failing bank marketing recommendations to senior management. Communicates directly with bidder groups and conveys approved marketing structure options. Determines the valuation of failing bank loans, owned real estate, lease financing receivables, reverse mortgages, subsidiary-held assets and servicing rights assets. Directs and monitors financial advisors contracted to perform Asset Valuation Reviews for failing institution assets, loss share terminations and year-end liability estimates. Manipulates data files to reflect pooling and sale structure deliberations and presents findings to senior management and committee members in written and/or oral form. Assures proper internal controls are utilized to minimize risk of pricing errors for assets sold in a resolution.

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. CG-12 To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the 11 grade level or above in the Federal service.  Specialized experience is defined as experience analyzing a financial institution’s balance sheet and experience compiling and analyzing data pertaining to a financial institution’s operations and bank asset valuation. CG-13 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 analyzing marketing assets, to include (1) a financial institution’s balance sheet to determine transaction structure, and (2.) compiling and analyzing data pertaining to a financial institution’s operations and bank asset valuation. 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 Dallas, Texas 75201 United States
• Name: Derrick Carroll
• Phone: 678-916-2306
• Email: [email protected]