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Job opening: Assistant Director, Closing Operations, CM-1101-00 (Government-wide)

Salary: $160 973 - 275 000 per year
Relocation: YES
Published at: Aug 07 2024
Employment Type: Full-time
This position is located in the Division of Resolutions and Receiverships (DRR), Financial Services and Technology (FST) Branch, Closing Operations Section of the Federal Deposit Insurance Corporation, in either San Francisco, CA, New York City, NY, Dallas, TX or Washington, D.C. FDIC Corporate Managers (CM) are in the Federal competitive service and not in the Senior Executive Service (SES). Salary reflects a pay cap for this position of $275,000.

Duties

Directs planning and readiness for financial institution resolutions across a range of functions including resolution accounting, information technology (IT) management, and resolution data management. Evaluates and ensures all financial operations, processes, and systems are effectively managed, documented and controlled. Provides accounting and data support for securities, securitization and alternative asset liquidation structures. Exercises responsibility for advising various Divisions of the Corporation on accounting for disposition of retained assets. Provides technical advice to management and records the accounting transactions related to the disposition of FDIC Securities products including derivative securities, Collateralized Mortgage Obligations (CMOs) and Mortgage Servicing Rights (MSRs). Directs management and technical experts overseeing complex work assignments related to the administrative, financial and processing activities of assets retained from financial institution failure(s). Maintains readiness strategies and capabilities needed to support the FDIC's responsibilities associated with resolving large institutions. Directs the staff who works closely with support contractors that will be performing various duties related to and directly involving the resolution of failed banks. Provides direction and guidance to management staff and Oversight Managers assigned to monitor contractor performance and compliance and works with the program areas to ensure adequate oversight of the Technical Monitors. Analyzes and/or evaluates bank closing and other simulation exercises that test the Division’s operational readiness based on differing scenarios. Works closely with external parties to develop simulation strategies, logistics, and evaluation criteria for measuring results. Serves as technical expert overseeing complex work assignments related to the administrative, financial and processing activities of assets retained from financial institution failure(s). Specializes in systems or aspects of systems utilized by the specific program areas and/or the financial systems utilized in loan, securities and other asset servicing and managing servicing vendor contracts. Exercises supervisory personnel management authority ensuring that all operating programs under his/her direction are administered effectively and in accordance with statutory mandates and broadly stated objectives and priorities. Assigns work based on priorities and complexity of the assignments. Provides leadership, advice, guidance, and constructive feedback to staff on roles, responsibilities, and goals. Evaluates employee performance and approves other personnel actions including leave, awards, promotions, reassignments, and disciplinary actions. 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.

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 managing and leading a multi-disciplinary team engaged in a wide variety of resolution accounting and financial management program activities; and Technical Experience 2: Experience in advising on programs related to resolution accounting and resolution financial management; including proposing methods to adapt to changing environments, overcoming emerging technology or financial data issues, or other unique and complex challenges requiring the adaptation or development of new policies, processes, and/or programs; and Technical Experience 3: Experience in conducting comprehensive presentations in formal settings to internal and/or external stakeholders with regards to resolution activities.

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-D3027 Arlington, Virginia 22226 United States
  • Name: Chiquita Evans
  • Phone: 571-438-3980
  • Email: [email protected]

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