Job opening: Senior Asset Marketing Specialist, CG-1101-15
Salary: $171 766 - 252 500 per year
Relocation: YES
Published at: May 21 2024
Employment Type: Full-time
These positions are located in the Division of Resolutions and Receiverships, Asset Marketing and Management Branch of the Federal Deposit Insurance Corporation. The individual assigned to this position will be responsible for the marketing and sale of assets retained from failed financial institutions.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Duties
Markets large and highly complex financial institution assets including loans, participations, leases, credit cards, servicing rights, subsidiary-held assets, and owned real estate utilizing various disposition strategies such as loan sales and joint venture transactions.
Serves as a SME and technical expert in the area of asset marketing including analysis, marketing and sale activities related to asset portfolios of high levels of complexity retained from failed financial institutions.
Oversees contracted loan sale and financial advisors engaged to support sale activities and evaluates the work products to ensure established requirements and standards in the contract are met.
Serves as SME in the valuation of complex failed financial institution assets, including loans, participations, leases, credit cards, servicing rights, subsidiary-held assets, and owned real estate, assuring proper internal controls are utilized to minimize risk of pricing errors for assets sold.
Reviews, analyzes, recommends approval of valuation report deliverables that determine liquidation and market values for all types of assets and are utilized for sale disposition decision making.
Gathers and analyzes complex financial and other information concerning the assets of the failed financial institution and interacts with staff of the failed bank, other government agencies, loan sale and financial advisors, and collaborates with asset managers and loan servicing personnel to address any data or documentation issues that arise throughout the marketing and sale process.
Manipulates complex data files to reflect pooling and sale results, and develops and presents findings and recommendations to senior management and committee members.
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-14 grade level or above in the Federal service. Specialized experience is experience 1) performing financial analysis, including evaluating asset portfolio cash flows, and structuring joint venture transactions and 2) marketing and sales activities related to asset portfolios held by financial institutions, including portfolios of loans, participations, leases, credit cards, servicing rights, subsidiary-held assets, and owned real estate.
Applicants must have met the qualification requirements (including selective placement factors – if any) for this position within 30 calendar days of the closing date of this announcement.
Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 “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: Quiana Woodruff
- Phone: 678-916-2304
- Email: [email protected]