This position is located in the Division of Complex Institution Supervision and Resolution (CISR), Resolution Readiness Branch, Receivership Management Section of the Federal Deposit Insurance Corporation in Washington, D.C. or New York, NY. Salary reflects a pay cap for this position of $300,000. The FDIC Executive Managers (EMs) are in the Federal competitive service and not the Senior Executive Service (SES).

Duties

Exercises responsibility for the development and implementation of policies and procedures related to strategies and operational capabilities needed to resolve systemically important financial institutions and large and complex insured depository institutions in accordance with the Federal Deposit Insurance Act (FDIA) and the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA). Works across organizational boundaries and with high level personnel to coordinate and collaborate on policy and procedure development to ensure the interests of all stakeholders are adequately addressed. Manages and directs the work of documenting and gaining approval for all developed policy and procedure. Develops and coordinates with CISR, Division of Risk Management Supervision (RMS), and Division of Resolutions and Receiverships (DRR) the formulation of plans, strategies, and readiness efforts associated with resolving large financial institutions using either FDIA or DFA resolution authority. Communicates major policy initiatives to external audiences at industry trade group conferences and seminars, representing the Corporation's interests and increasing its visibility in the resolution process. Represents the Office with executive level officials of FDIC, other Divisions, other regulatory agencies, media, politicians, consultants, and other organizations with regard to planning, projects, meetings, or other issues of importance and relevance to the Office. May be called upon to provide assistance and advice to the FDIC Board of Directors. Manages and directs the work associated with identifying contracting needs and obligations for the Resolution Readiness Branch. Maintains readiness to manage orderly receiverships created through the resolution large, complex financial institutions (LCFIs) under the FDIA and DFI; with DRR supporting the management of LCFI receiverships. Oversees and supports the implementation of resolution planning and compliance programs. Prepares and conducts presentations of assigned duties as it relates to Title II resolution authorities under the DFA and resolutions of insured depository institutions (IDIs) under the FDIA. Maintains close contact with industry representatives to coordinate work efforts and to establish open lines of communication for the accomplishment of common goals and objectives. Collaborates with other groups within FDIC, other regulators including Federal and International, and other parties as appropriate to identify, collect and manage pertinent information from complex financial institutions and other data sources as needed to measure, monitor, and control risks and mitigate risk to the Deposit 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. 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, 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 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 Experience 1: Experience in overseeing and coordinating the work of organizational units directly and indirectly through subordinates, including assigning work; directing changes to programs and priorities; and evaluating performance against goals. Leadership Experience 2: Experience in managing employee performance and growth, including evaluating employee readiness for successive roles; recognizing accomplishments, providing feedback and development opportunities, and addressing performance/conduct issues. Leadership Experience 3: Experience in overseeing implementation of and improvements to recruiting, hiring, training, utilization, and succession readiness of staff. Technical Experience 1: Experience in resolving various matters associated with the operations of a receivership or bankruptcy of large and complex institutions involving restructures, mergers or acquisitions, including receivership law, bridge entities, resolution strategies and related claims; and Technical Experience 2: Experience in capital markets, global financial markets, financial institution asset valuations, financial institution operations and management, financial derivatives, complex structured finance activities, andtrading book activities. Large, complex financial institutions (LCFIs) may be defined as financial intermediaries engaged in some combination of commercial banking, investment banking, asset management and insurance, whose failure poses a systemic risk or externality to the financial system as a whole. These risks are intertwined among both insured and uninsured subsidiaries, and the largest and most complex of these companies often have global footprints and interdependent counterparty relationships with one another that increase their complexity and risk.

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]