Job opening: Chief, Institution Risk Branch (IRB), CM-1101-00
Salary: $169 217 - 275 000 per year
Relocation: YES
Published at: Jul 02 2024
Employment Type: Full-time
This position is located in the Division of Complex Institution Supervision and Resolution (CISR), Institution Risk Branch (IRB) of the Federal Deposit Insurance Corporation.
Salary reflects a pay cap for this position of $275,000.
Duties
Responsible for onsite monitoring of risks within complex financial institutions through use of diagnostic risk evaluation tools and systems; firm management information systems; supervisory program assessments; horizontal risk assessments; capital markets analysis; engagement with firm management, other regulatory agencies, as well as other CISR Branches and FDIC Divisions and Offices; to identify risk in complex financial institutions and recommend appropriate backup supervisory response or action.
Collaborates with other groups within FDIC, other regulators including Federal and International, and other parties as appropriate to identify, collect and manage pertinent information from complex financial institutions and other data sources as needed to measure, monitor, and control risks and mitigate risk to the Deposit Insurance Funds.
Responsible for preparation of reports to summarize complex financial institution-specific risks and corrective actions and other remediation plans that have been recommended to address risks. As needed, provides specialized reports and summaries and, when necessary coordinates firm specific monitoring and analysis, for other CISR Branches, FDIC Divisions and Offices, the Chairman, the Financial Oversight Committee, policymakers, other supervisory and regulatory agencies, and other entities.
Develops new diagnostic risk evaluation tools and programs to assess risk profiles of specific complex institutions, concentrations of risk in specific institutions, risk correlations, and industry outliers that pose financial vulnerabilities in specific institutions, working closely with Horizontal Risk Chiefs in interpreting and implementing results of risk assessment tools and programs.
Actively supports the FDIC's information needs in connection with its planning for the potential resolution of complex financial institutions under Title II of the Dodd-Frank Act.
Assists the Associate Director, Institution Risk, Deputy Director, Risk Assessment Branch and the Director of CISR when they serve as senior subject matter experts for matters pertaining to institution specific analysis of complex financial institutions. Provides information and advice to individuals and groups engaged in reviewing proposed legislation and determining the need for new policies or procedures.
Serves as an advisor to Associate and Deputy Directors, Risk Assessment Branch, and at times the Director of CISR, for all matters pertaining to supervisory and/or resolution readiness programs for complex financial institutions. Provides guidance to individuals and groups engaged in reviewing proposed legislation and determining the need for new policies or procedures.
Establishes and maintains cooperative relationships with Associate and Deputy Directors throughout CISR and other Divisions and Offices within the Corporation, officials of other supervisory and regulatory agencies, and representatives of financial institutions. Represents the Division on assigned matters pertaining to supervisory and/or resolution readiness programs and serves as a spokesperson on FDIC plans, policies and procedures as they relate to complex financial institution monitoring and other matters under the branch's purview.
Exercises supervisory personnel management authority and performs the full range of performance management duties to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback to others on their performance. Identifies training and developmental needs for staff and provides regular 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 personnel 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.
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 conducting advanced analyses to identify sources of risk in institutions, and documents/presents findings and recommendations to senior management.
Technical Experience 2: Experience in leading or contributing to working groups evaluating risk management supervision and/or resolution and receivership policies and procedures for LCFIs, developing and presenting findings and solutions, and implementing changes to applicable programs.
Education
There is no substitution of education for the experience for this position.
Contacts
- Address Federal Deposit Insurance Corporation
FDIC Human Resources Branch, Executive Resources
3501 Fairfax Dr.
Room VS-D3027
Arlington, Virginia 22226
United States
- Name: Chiquita Evans
- Phone: 571-438-3980
- Email: [email protected]
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