There are two positions located in the Division of Resolutions and Receiverships of the Federal Deposit Insurance Corporation and serves as a subject matter expert responsible for managing all aspects of a FDIC compliance program and performing compliance reviews of the largest insured depository institutions covered by federal regulation. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Duties

Serves as a SME and technical expert responsible performing compliance reviews of insured depository institutions covered by federal regulation. Leads and oversees all aspects of the FDIC section 360.9 compliance program, 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. Prepares and submits confidential reports. Assesses data structure and data completeness related to deposits and producing 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 large 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. Establishes the criteria for developing 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. Researches insured depository institutions for specific purposes such as merger, acquisition, change of information technology systems, and similar activities; determining changes in risk profiles; monitoring compliance follow-up requirements and determining progress; and investigating adverse or unusual situations. 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. Performs as an SME in the area of deposit and non-deposit claims and processes the timely payment of claims in accordance to the applicable laws and regulations. Leads in the development and presentation of training materials and serves a subject matter expert on special projects involving emerging issues or rapidly changing regulations or policies.

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 (1) conducting data analysis and modeling, (2) compliance reviews of financial institutions to determine compliance with applicable deposit insurance laws and related rules and regulations, and (3) performing resolution and receivership operational functions for large, complex financial institutions (“CFI”). 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 25 Jessie Street at Ecker Square Suite 904 San Francisco, California 75201 United States
• Name: Engelbert Espiritu
• Phone: 415-808-8182
• Email: [email protected]