Job opening: Deputy Director Portfolio Management Division
Salary: $193 819 - 221 900 per year
Published at: Jul 18 2024
Employment Type: Full-time
The DOE's Loan Programs Office (LPO) has financed a portfolio of innovative clean energy projects and advanced technology vehicle manufacturing facilities across the U.S. LPO's portfolio has supported job creation and is preventing harmful CO2 pollution while enhancing American competitiveness.
The Portfolio Management Division protects taxpayers' interests by monitoring each project to ensure the terms and conditions of the loan are satisfied and has been repaid in full.
Duties
The Deputy Director, Portfolio Management Division serves as the Department's chief oversight manager for approved energy loan guarantees, and directs the LPO Portfolio Management Division. The PMD Deputy Director exercises management authority over the life cycle of an approved project subsequent to the time of the disbursement through the final payment of the guaranteed debt obligation or expiration of the loan guarantee. This oversight responsibility is expected to evolve over several decades as approved projects move from design, engineering, and construction phases into operating phases of the project life cycle.
Establishes PMD processes and oversight requirements for portfolio management and project oversight, including the development of the overall LPO Credit Monitoring Plan. The LPO Credit Monitoring Plan provides the guidance, template, and basis for rating and monitoring the risks of individual projects with approved loans.
Based on the LPO Credit Monitoring Plan (CMP), oversees the development of individual Project Credit Monitoring Plans (PCMPs) for projects with approved loan guarantees. Collaborates with the LGOD and other LPO Division Directors on the development of individual PCMPs. Establishes and monitors compliance with PCMPs and issues quarterly compliance certificates.
Oversees all post-issue asset management activities including periodic reassessment of the risk profiles of projects with approved loan guarantees, processing of requested modifications to loan terms, including, but not limited to, amendments, waivers, and consents as provided for in individual guarantee agreements, pre-claim structuring, claim payments, post-claims restructurings, and settlements.
In consultation with the LPO Director and/or Executive Director, serves as chief negotiator for the rescheduling of debt and exercises broad discretionary authority in deciding upon various courses of action that will affect such recovery. Establishes loan loss reserves.
Plans and develops claim methods and procedures in consultation with the LPO Director, Executive Director, LPO Chief Operating Officer, LPO General Counsel, LPO Contracting Officer, LPO Treasurer-Controller, and other LPO Division Directors as needed. Approves, denies, or takes other such action as appropriate with respect to claims with a principal liability not exceeding $20 million.
Takes action (including, but not limited to, extension, forbearance, rescheduling, workouts, litigation, collateral repossession, and other collection actions) as may be necessary to effect maximum recoveries.
The incumbent has the responsibility for promoting Diversity and Equal Employment Opportunity (EEO) and for ensuring full implementation of the Diversity, EEO and Affirmative Employment Program Plan. Provides management direction and input to affirmative action goals and objectives; ensures that personnel management within the organizational entity under supervision is accomplished without regard to race, color, religion, sex, age, disability, or national origin. The incumbent is responsible for managing workforce diversity and instilling a sense of community throughout the organization to create a work environment in which all staff members are fully supported.
Qualifications
Your resume must describe your executive core qualifications (ECQs) and experience, technical qualifications and give a synopsis of your accomplishments.Do not include a separate ECQ narrative. Additionally, Mandatory Technical Qualifications (MTQs) listed later in this section below must be addressed in a separate document.
EXECUTIVE CORE QUALIFICATIONS: The five ECQs described below were designed to assess executive-level experiences and potential not technical expertise. They measure whether you have the broad executive skills needed to succeed in a variety of SES positions.
1: Leading Change: Ability to bring about strategic change, both within and outside the organization, to meet organizational goals and establish an organizational vision and to implement it in a continuously changing environment.
2: Leading People: Ability to lead people toward meeting the organization's vision, mission, and goals and provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts.
3: Results Driven: Ability to meet organizational goals and customer expectations and make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks.
4: Business Acumen: Ability to manage human, financial, and information resources strategically.
5: Building Coalitions: Ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): As part of your application package, aseparate document must be uploaded addressing each MTQ listed below. No more than one page per MTQ is allowed; additional information will not be considered. MTQs must provide specific examples that address relevant experience and accomplishments. Your leadership and management skills must be addressed in the MTQs listed below.
Failure to submit a document addressing each MTQ will result in your application to be deemed incomplete and not be considered.
MTQ 1: In-depth knowledge and experience with diverse finance structures, including project finance (full and non-recourse financing), corporate finance, and asset-back securitization, and applicable credit risk for large-scale or commercial infrastructure project loans greater than $500 million and leading a loan monitoring program of similar sized loans, including the establishment and implementation of organizational units, systems and processes required for comprehensive loan portfolio management and oversight of loans of this magnitude.
MTQ 2: Proven track record of experience preparing and adhering to credit monitoring plans, including the establishment and implementation of performance measures, credit risk ratings, loan repayment schedules and debt recovery processes as needed for managing loans, including, as needed, compliance with federal or state regulatory guidelines, such as OMB circular A-129: Policies for Federal Credit Programs and Non-Tax Receivables, Managing Federal Receivables, Federal Credit Reform Act, Davis-Bacon Act, Federal Claims Collection Standards and Debt Collection Improvement Act.
MTQ 3: In-depth management experience recruiting, developing and maintaining a well-qualified asset management team to perform portfolio management functions for financing transactions and large-scale or commercial infrastructure project loans; including the establishment of professional performance goals to assure appropriate training and certifications are available to associated staff.
Contacts
- Address Loan Programs Office
P.O. Box 5088
Oak Ridge, TN 37831
US
- Name: David Shaut Jr.
- Phone: 202-407-1346
- Email: [email protected]
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