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Job opening: Assistant General Counsel, Complex Financial Institutions Section (CFIS), EM-0905-00

Salary: $275 000 - 300 000 per year
Relocation: YES
Published at: Jul 23 2024
Employment Type: Full-time
This position is located in the Legal Division, Resolution and Receivership Branch, Complex Financial Institutions Section of the Federal Deposit Insurance Corporation in Washington, D.C. Salary reflects a pay cap for this position of $300,000.

Duties

Identifies complex legal problems related to risk and the potential resolution of the largest, systemically important financial institutions, including complex financial institutions engaged in cross-border operations, and supervises legal research related to these problems. The concept of complex legal problems includes problems designated as protracted and/or involving novel and complex legal issues involving large dollar amounts. Independently interpret and apply applicable statutory and regulatory guidelines in the development and assessment of policy initiatives related to systemic monitoring and analysis activities related to the mitigation of risk exposures related to large and complex financial institutions. Provide legal advice and guidance on the formulation and execution of regulations, policies, and procedures with respect to the oversight and monitoring of all bank holding companies (BHC) with assets of $100 billion or more (and all insured depository institutions under the BHC), as well as all non-bank financial companies identified for Federal Reserve supervision by the Financial Stability Oversight Council. Provide legal advice and guidance on the analysis, development, and implementation of strategies to improve coordination and capabilities for monitoring and resolving complex financial institutions engaged in cross-border operations and businesses. Provide general guidance and instruction to the section's professional staff and provide counseling and legal advice to the General Counsel, Director of Complex Institution Supervision and Resolution (CISR), the Chairman, Board of Directors, officials of other domestic and international supervisory and regulatory agencies, and representatives of financial institutions and private industry on matters of extreme complexity and delicacy, with potentially significant consequences, regarding the failure of systemically important financial institutions and their resolution. Confers with and acts in an advisory capacity to the General Counsel, CISR management and high-level executives of relevant financial institutions on issues related to institutions that could pose a systemic threat to the U.S. financial system. In accordance with FDIC procedure, gives public addresses on matters relating to the monitoring and risk assessment, and the potential resolution of the largest, systemically important financial institutions, and coordination with foreign regulators in resolving complex financial institutions engaged in cross-border operations and businesses. Reviews legal analyses and recommendations for the consideration of the General Counsel, CISR management and high-level executives of relevant financial institutions on issues related to the monitoring and risk assessment and the potential resolution of the largest, systemically important financial institutions that could pose a systemic threat to the U.S. financial system, as well as issues related to international coordination and information sharing. Oversee and manage the substantive and administrative matters performed by Senior and Supervisory Counsels and others under the incumbent's direct supervision. Responsible as the first or second line supervisor for reviewing (and in most matters approving or rejecting) staff attorney recommendations regarding the advisability of matters. Develops Equal Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personnel plans, processes, programs, and metrics in compliance with Corporate policy, legal requirements, and the mission of the Division; leads efforts to mature the organization and management of work within area of responsibility; leads diverse groups of employees to: direct work, review outcomes/effectiveness, develop and assess subordinate managers, and promote 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 progressively responsible management or executive-level assignments. 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. 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 leadership words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments (e.g., number of employees supervised). Leadership experiences identified must have been performed in an official supervisory role. Leadership Experience: Experience leading collaborative efforts conducting legal services and counsel, or assisting in running an organizational unit, which involves work of a highly technical (legal) nature that has a major impact on an agency's financial regulatory and supervisory functions. Technical Experience 1: Experience in federal, state, and foreign law governing the liquidation of systemically important financial institutions and their subsidiaries, receiverships, bankruptcy, the Deposit Insurance Act, attendant regulations, and internal policy. Technical Experience 2: Experience in effectively communicating with senior agency officials and policy makers presenting topics of legal analysis, advice, and assistance on complex, controversial and/or precedent-setting issues impacting financial regulation. Technical Experience 3: Experience in providing guidance and legal advice to executives and senior officials on financial regulatory activities. Basic Qualification Requirement: License to practice before the highest court of a state, territory, commonwealth, or the District of Columbia and in good standing.

Education

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

Contacts

  • Address Federal Deposit Insurance Corporation Human Resources, Executive Resources 3501 Fairfax Dr. Room VS-D3026 Arlington, Virginia 22226 United States
  • Name: Paris Hardy
  • Phone: 703-609-7234
  • Email: [email protected]

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