This position is located in the Division of Resolutions and Receiverships (DRR), Asset Marketing and Management Branch, Sales and Policy, or Credit Operations and Subsidiary Management, or Structured Transaction Oversight, or Capital Markets and Analytics Sections of the Federal Deposit Insurance Corporation, in either Chicago, IL, 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).

Duties

Directs the development and/or interpretation of all failed bank asset marketing and management policies and procedures. Monitors the application of policies by managers and staff, provides justifications for major program changes. Analyzes and/or evaluates asset marketing and management strategies and directs and/or recommends the approach for marketing failed financial institution assets in a manner that minimizes losses to the FDIC insurance funds including providing input on the development of franchise and asset pools, the bid/sale process, and sales settlement. Develops comprehensive business and strategic plans to facilitate accomplishment of Division goals and objectives pertaining to failed financial institution asset marketing and management. Directs and coordinates mission responsibilities related to the management of assets, unfunded commitments, and subsidiaries retained from failed financial institutions, the oversight of the contract repudiation process, and oversight of asset management contractors utilized in failed bank resolutions. Manages and direct the work of SMEs and technical experts in the area of asset and subsidiary management, including the oversight and servicing activities related to asset portfolios of all levels of complexity retained from failed financial institutions, including portfolios of loans, participations, leases, credit cards, servicing rights, subsidiaries, subsidiary held assets, and failed bank contracts. Direct the management of large and complex financial institution assets including, loans, subsidiaries, unfunded commitments, participations, leases, credit cards, servicing rights, subsidiary-held assets, and other assets utilizing various control mechanisms to preserve and increase value of retained asset portfolios. Oversees the valuation of complex failed financial institution assets including loans, participations, leases, credit cards, servicing rights, subsidiaries, subsidiary-held assets, and other assets. Assures proper internal controls are utilized to minimize risk of valuation errors for retained assets decision making. Manages, monitors, and directs the work associated with the analysis of financial information, corporate structure, asset mix, capitalization structure, physical and intangible assets, and financial and managerial practices of financial institutions insured by the FDIC, Managing Members, Trustees, and other transaction parties to ascertain the risks inherent in the portfolio of a structured transaction and ensure transaction partners make business decisions to maximize collections and minimize losses to the program and perform according to the appropriate legal agreements.  Serves as the technical expert and principal advisor to the Deputy Director on all substantive matters associated with security sales, equity instruments, risk sharing including securitizations, loss share, and structured transaction programs. Possesses subject matter expertise on private-label securities, government guaranteed securities, corporate debt, structured finance, federal loan modification programs, and servicing. Manages and directs staff on the development, implementation, and oversight of policies and procedures related to security sales, risk share asset management programs, structured transaction oversight, and how they factor into resolution strategies for failed financial institutions. Analyzes and/or evaluates security sales strategies, structured sales strategies and directs and/or recommends approaches for managing and liquidating assets that minimizes losses to the FDIC insurance funds. Exercises supervisory personnel management authority directly or indirectly through subordinate senior managers to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback. 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 programs are administered effectively and in accordance with broadly stated objectives and priorities. 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: Experience in managing and directing staff and contractor resources in all aspects of the asset marketing, asset/liability management, asset funding, and asset disposition processes.

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: 571-438-380
• Email: [email protected]