Job opening: Chief of Investment and Innovation Risk Management
Salary: $147 649 - 221 900 per year
Published at: Aug 03 2024
Employment Type: Full-time
The Chief of Investment and Innovation Risk Management (the Chief) is responsible for oversight and management of risk across the Office of Investment and Innovation (OII) operations, systems, and programs which include the $42B assets under management (AUM) Small Business Investment Company (SBIC) private funds investment program, the $4B annual award portfolio of SBIR/STTR grants and contracts, and OII's portfolio of innovation and technology focused accelerator and incubator partnerships.
Duties
Oversee the Policy Division and Fund Administration and Fund Accounting Division.
Responsible for defining, overseeing, monitoring, and reporting on risk considerations and key risk metrics across the OII Program Office and for implementing frameworks and governance processes to enable effective stewardship and management of risks throughout the office.
Risk considerations across the OII portfolio include:
Investment, credit, macroeconomic, fraud, default, and loss risk across the SBIC program portfolio of 310+ private investment fund partners responsible for the deployment and management of Federal funds and private investor capital.
Foreign, ownership, control, and influence mitigation across the SBIR, STTR and SBIC programs.
Transparency, prudence, and fairness in the implementation of OII program regulations and policies.
IT systems, applications, data, and technology governance and risk management.
Organizational, human capital, and communication governance and risk management.
Requirements
- You must be a U.S. Citizen or National to qualify for this position
- Selective Service Registration is required for males born after 12/31/1959
- Veterans Preference is not applicable in the Senior Executive Service
- Initial appointments are required to serve a one (1) year probationary period
- Application package must be received by closing date of this announcement
- Suitable for Federal employment, determined by a favorable background investigation
- OPM Candidate Development Program (CDP) graduates and current Career SES members need only to address the Professional/Technical qualifications and need not respond to the Executive Core Qualifications (ECQs).
- All initial appointments to an SES position are contingent on approval from OPM's Qualifications Review Board unless the selectee has successfully participated in an OPM approved SES Candidate Development Program.
Qualifications
As a basic requirement for entry into the SES, applicants must provide evidence of progressively responsible executive leadership and supervisory experience that is indicative of senior executive level management capability and directly related to the skills and abilities outlined under Executive Core Qualifications and Technical Qualifications listed below. Typically, experience of this nature will have been gained at or above the GS-14/15 grade level in the federal service or its equivalent in the private sector.
As such, your resume should demonstrate that you have the knowledge, skills, and abilities to successfully fulfill responsibilities inherent in most SES positions such as:
Directing the work of an organizational unit;
Ensuring the success of one or more specific major programs or projects;
Monitoring progress toward strategic organizational goals, evaluating organizational performance and taking action to improve performance; and
Supervising the work of employees; and exercising important policy-making, policy determining, or other executive functions.
Failure to meet the basic qualification requirement and address all Mandatory Technical and Executive Core Qualification factors will result in your application being disqualified.
EXECUTIVE CORE QUALIFICATIONS (ECQs): The ECQs were designed to assess executive experience and potential not technical expertise. They measure whether an individual has the broad executive skills needed to succeed in a variety of SES positions. To meet the minimum qualifications, applicants must possess all the necessary requirements for this position. You must show in your resume that you possess the five mandatory executive core qualifications.
NOTE: Current career SES members, former career SES members with reinstatement eligibility, and SES Candidate Development Program graduates who have been certified by OPM do NOT need to address the ECQs.
1. Leading Change: This core qualification involves the ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment. (Competencies: creativity and innovation, external awareness, flexibility, resilience, strategic thinking, vision)
2. Leading People: This core qualification involves the ability to lead people toward meeting the organizations vision, mission, and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. (Competencies: conflict management, leveraging diversity, developing others, team building)
3. Results Driven: This core qualification involves the ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high quality results by applying technical knowledge, analyzing problems, and calculating risks. (Competencies: accountability, customer service, decisiveness, entrepreneurship, problem solving, technical credibility)
4. Business Acumen: This core qualification involves the ability to manage human, financial, and information resources strategically. (Competencies: financial management, human capital management, technology management)
5. Building Coalitions: This core qualification involves the 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. (Competencies: partnering, political savvy, influencing/negotiating)
Fundamental Competencies: These competencies are the foundation for success in each of the Executive Core Qualifications; Interpersonal Skills, Oral Communication, Continual Learning, Written Communication, Integrity/Honesty, Public Service Motivation. The Fundamental Competencies are crosscutting; and should be addressed over the course of each ECQ narratives. It is not necessary for you to address the Fundamental Competencies directly as long as the narrative, in its totality, shows mastery of these competencies on the whole.
Applicants are encouraged to follow the Challenge, Context, Action and Result (C-C-A-R) model outlined in the guide.
Challenge - Describe a specific problem or goal.
Context - Describe the individuals and groups you worked with, and/or the environment in which you worked, to address a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale).
Action - Discuss the specific actions you took to address a challenge.
Result - Give specific examples of measures/outcomes that had some impact on the organization. These accomplishments demonstrate the quality and effectiveness of your leadership skills.
Additional information about the SES and Executive Core Qualifications can be found on the Office of Personnel Management (OPM) SES Website. You are strongly encouraged to review OPMs Guide to SES Qualifications for specific examples and guidance on writing effective ECQ narrative statements.
MANDATORY TECHNICAL QUALIFICATIONS (TQs): All applicants must submit a written narrative response to the following TQs. You must address each TQ separately. Each TQ narratives must not exceed two pages. Please give examples and explain the complexity of the knowledge possessed and the sensitivity of the issued you handled.
Demonstrated experience leading, directing, and monitoring a Federal Credit Reform Act financial program and demonstrated experience performing regulatory examinations or managing regulatory compliance for an entity(ies) regulated by the U.S. Securities and Exchange Commission (SEC). The applicant has experience assessing and monitoring investment and credit risk.
Demonstrated experience applying a broad range of Federal financial laws including, but not limited to, the Small Business Investment Act and the Investment Company Act of 1940, as amended and has demonstrated an ability to establish governance frameworks and transparent processes for working with entities subject to Federal financial laws.
Education
Education cannot be substituted for specialized experience at this level.
Contacts
- Address Office of Investment and Innovation
409 3rd Street SW
Suite 6300
Washington, DC 20416
US
- Name: Kristan Avis
- Phone: 202-695-5454
- Email: [email protected]
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