There are two positions located in the Division of Resolutions and Receiverships, Asset Marketing and Management of the Federal Deposit Insurance Corporation, providing support in the areas of managing, pricing and analyzing capital market instruments. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Duties

Serves as a preeminent expert in the area of complex capital market instruments responsible for identifying, managing, pricing, and analyzing capital market instruments with the highest-level complexity prior to bank failure, through and including the corresponding liquidation of those assets retained in the subsequent receivership. Develops theories, practices and methods for evaluating and liquidating capital market instruments in conjunction with resolution activities. Serves as a preeminent expert in the area of complex capital market instruments responsible for identifying, managing, pricing, and analyzing capital market instruments with the highest-level complexity prior to bank failure, through and including the corresponding liquidation of those assets retained in the subsequent receivership. Develops theories, practices and methods for evaluating and liquidating capital market instruments in conjunction with resolution activities. Serves as a technical expert on securities and securitization matters and advises agency senior management on ongoing receivership portfolio management and liquidation issues pertaining to valuation, credit and interest rate risks associated with the portfolio assets for year-end receivership financials; setting reserve prices for potential liquidation activities; and corporate action voting, tender offers and restructuring/recapitalization issues related to retained assets that represent ownership or creditor interest in ongoing- concern companies. Develops, evaluates, and implements Division- wide policies and procedures related to securities and securitization transactions including policy recommendations and program changes to enhance efficiency and increase returns. Provides expert technical advice concerning specific concepts or transactions for the sale of assets of highest value and complexity to recommend asset disposition strategies.  Gathers documentation from failed bank records or from third-party public and non- public sources required for the analysis, valuation, management and liquidation of any assets retained in a receivership. Directs the analysis, valuation marketing and sale of the most complex capital market related assets in pre-failure and failed financial institutions. Evaluates the rights and  of the issuers and holder, values the instrument, prepares and recommends a strategy for management and marketing of the instruments. Analyzes call report data or other publicly available information, and confidential bank examination reports on institutions that may fail, to identify the types of capital market instruments owned by the institution and to develop preliminary resolution strategies. Collaborates with FDIC supervisory staff and representatives from other bank and thrift regulators to gather appropriate and timely information for institutions identified for potential failure. Develops and communicates highly technical and potentially sensitive information regarding securities issued by open banks both orally and in writing, to audiences within and outside the Division, including FDIC management, other banking regulators and private sector executive, if necessary.

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 14 grade level or above in the Federal service.  Specialized experience is defined as experience performing as a subject matter expert in: 1) capital markets operational roles supporting middle office or back office functions for financial instruments/securities/derivatives, OR 2) building or validating valuation or market risk models for securities or derivatives in the financial services industry, or performing quantitative risk or financial analysis in support of investment, hedging, or disposition decisions for a portfolio of securities, loans, or derivatives. 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 25 Jessie Street at Ecker Square San Francisco, California 94105 United States
• Name: Engelbert Espiritu
• Phone: 415-808-8182
• Email: [email protected]