This position is located in the Division of Resolutions and Receiverships, Asset Marketing and Management, Structured Transaction and Oversight Section, of the Federal Deposit Insurance Corporation and serves as the technical and subject matter expert responsible for the joint venture transactions of loans and other assets that have been acquired from a failed financial institutions.

Duties

Develops strategic methods for creating various types of transaction structures, including joint venture public-private partnerships and debt structures for purchase money notes or credit facilities using sophisticated financial modeling and best practices reflecting the investment management industry to fit with DRR’s resolution activities. Assesses suitability of assets for structured transactions.  Provide input and analysis on financial models for least cost/maximizing recoveries.  Performs analysis of optimal, market driven partnership structures and bid processes. Serves as a technical expert and subject matter expert on structured or joint venture transactions relating to the sale and marketing of structured transactions, including bidder qualification criteria and evaluation and providing market-based feedback on appropriate debt and equity levels, promote/demote thresholds, working capital, development finding, and other financial structures. Serves as an expert in the monitoring of compliance with policies and procedures and the attainment of goals and objectives related to complex asset management activities. Reviews and processes the correction action resolution of compliance review findings.  Documents monetary compliance finding reimbursement and reconciliation processes and compliance finding clearance. Performs and monitors work associated with the analysis of financial information, corporate structure, asset mix, and managerial practices of acquiring financial institutions, private equity investors, or managing members to ascertain the risks inherent in the portfolio. Reviews and monitors submission of periodic reporting from investment partners, note borrowers, and external counter parties including monthly reports, collateral reports, semi-annual cash flow forecasts, asset business plans and other agreements deliverables. Serves as a point of escalation, provides problem resolution management, and reports to management on complex or sensitive joint venture performance and compliance issues.  Serves as a primary point of contact for formal dispute resolution.  Provides business input to DRR Legal and perform arbitration/litigation support functions as required to resolve formal joint venture disputes.

Requirements

Qualifications

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. To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG-14 grade level or above in the Federal service.  Specialized experience is defined as experience (1) creating structured transactions, including joint venture public-private partnerships or debt structures for purchase money notes or credit facilities using sophisticated financial modeling, investment management industry practices, or legal guidance, (2) monitoring joint venture agreements that govern the management, servicing and reporting of the acquired assets, and (3) analyzing acquirer business decisions to maximize recovery collections and minimize losses or reduce credit risk.   Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 80 or higher in the online assessment to be determined “well qualified” for this position. For more information, click here.

Education

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

Contacts

• Address Federal Deposit Insurance Corporation FDIC Human Resources Branch Dallas, Texas 75201 United States
• Name: Derrick Carroll
• Phone: 571-629-0740
• Email: [email protected]