This position is located in the Division of Resolutions and Receiverships (DRR), Asset Marketing and Management Branch, Structured Transactions Oversight Section of the Federal Deposit Insurance Corporation in Washington D.C. or Dallas, TX. Salary reflects a pay cap for this position of $275,000.

Duties

Manages, monitors, and directs the work associated with the analysis of financial information, corporate structure, asset mix, capitalization structure, physical and intangible assets, and financial and managerial practices of financial institutions insured by the FDIC. Oversees coordination with Assuming Institutions (AI), Managing Members (MM), and other transaction parties to ascertain the risks inherent in the portfolio of a structured transaction and ensure transaction partners make business decisions to maximize collections/ proceeds and minimize losses to the program and perform according to the appropriate legal agreements. Oversees analysis and decision making on the appropriateness of loss claims or asset realization, disposition, and recovery strategies, as well as staff reviews of complex asset types and evolving financial risks to ensure least cost/value maximization methodologies are employed, and recommendations and proposals to mitigate risk to the insurance fund. Manages, monitors, and directs the work associated with the analysis of Purchase & Assumption Agreements, Structured Transaction Legal Agreements (Shared Loss, Joint Venture Transaction, and other transaction types), financial information, asset valuations, guarantor and borrower financial capacity, portfolio mix, and managerial practices of AIs to ascertain the risks inherent in the portfolio and ensure the AI makes prudent business decisions as per the terms of the legal agreements. Monitors and manages the review of Shared Loss certificate claims and supporting documentation to approve shared loss payment claims in accordance with written policies and procedures. Monitors, reviews, coordinates, and manages responses to AI requests for permitted amendments, permitted advances, loan sales, and deliverables required by the Shared Loss Agreement, as well requirements of the Joint Venture Transaction and other Structured Transaction Legal Agreements. Manages and directs team(s) activities related to compliance monitoring reviews and other contractor support functions, including the balancing of resources to meet program goals and milestones in a timely fashion. Manages and directs the analysis of complex documentation to determine the realization of disposition strategies. Analyzes complex asset types and evolving financial risks to ensure least cost/value maximization methodologies are employed. Exercises responsibility for the analysis, management, marketing, and sales activities related to structured transaction assets. Advises agency management on matters regarding the related planning, directing, reviewing, analyzing, and coordinating the valuation, management, and disposition of these transactions. Serves as a point of escalation, provides problem resolution management, and reports to senior management on complex or sensitive structured transaction performance and compliance. Ensures appropriate and timely response to various stakeholder inquiries and requests, including AI, Managing Members, other transaction parties, contractors, congressional inquiries, Office of Inspector General (OIG), Government Accountability Office (GAO), Internal Review, Division of Risk Management Supervision (RMS), or other regulatory agencies. The incumbent communicates highly technical information, both orally and in writing, to audiences within and outside of the FDIC. Meets and negotiates with FDIC officials, attorneys, accountants, AI, Managing Members, other transaction representatives, contractors, representatives of financial institutions or other private sector business management, potential acquirers and/or other federal and state regulatory agency officials concerning policy development, complex financial transactions, theories and analyses of economic impact, proposed solutions, actions, and strategies. Exercises supervisory personnel management authority and performs the full range of performance management duties. Identifies training and developmental needs for staff and provides recognition of staff. Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action. Hears and resolves grievances or other disputes, as appropriate. Approves/ disapproves requests for leave, telework, travel, training, etc. Ensures that Equal Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personal plans, processes, and programs are executed equitably consistent with Corporate policy, legal requirements, and the mission of the Division. Organizes, coordinates, and manages the work of diverse teams of employees by assigning work, developing employee skills, assessing/monitoring employee performance, and promoting inclusion.

Requirements

Qualifications

To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through serving in roles that require managing projects/teams or guiding the technical work of others. 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, skills, and abilities and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. MINIMUM QUALIFICATIONS: All applicants must submit a resume that addresses each minimum qualification experience. Examples should be clear, concise, and emphasize your level of responsibilities; the scope and complexity of the programs, activities, or services you managed; program accomplishments; policy initiatives undertook; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments. Leadership Experience: Experience in leading and coordinating projects, including establishing expectations, reviewing work products/services, monitoring progress, and providing guidance and feedback to team members. Technical Experience 1: Experience in evaluating and analyzing credit of complex assets and the inherent risks presented to the FDIC. Technical Experience 2: Experience in leading and coordinating meetings with transaction party executive management to defend the FDIC position of interpretation of agreements and negotiate solutions, where warranted. Technical Experience 3: Experience in developing the scope of structured transaction compliance review/monitoring programs, leading teams of reviewers, and approving documentation evidencing corrective action to resolve findings. Technical Experience 4: Experience in valuing complex assets and developing strategies for maximizing the return from these assets.

Education

There is no substitution of education for the experience for this position.

Contacts

• Address Federal Deposit Insurance Corporation Human Resources Branch, Executive Resources 3501 Fairfax Dr. Room VS-D3026 Arlington, Virginia 22226 United States
• Name: Chiquita Evans
• Phone: 571-438-3980
• Email: [email protected]