This position is located in the Division of Resolutions and Receiverships, Asset Marketing and Management, Asset Management & Policy Oversight Section of the Federal Deposit Insurance Corporation and responsible for the management and resolution of loans and other assets that have been acquired from failed financial institutions or have been included in a Shared-Loss Agreement or a joint venture agreement with FDIC.

Duties

Serves as a technical expert in the development and implementation of asset management policies and procedures, including workout, loan modification, classification, charge-off and recovery policies, procedures, goals and objectives. Remains current on financial institution matters and trends related to asset management in order to recommend appropriate changes in Division policies, guidelines, or operational procedures. Serves as an expert in the monitoring of compliance with policies and procedures and the attainment of goals and objectives related to asset management activities at the Field Office, National Loan Servicers and elsewhere within the Division. Understands and ensures compliance with the  reporting requirements from the National Loan Servicer, the Shared Loss Agreement and within the Division. Reviews all reports and takes action to ensure assure information and data are correct and accurate. Analyzes data related to asset/portfolio management, loan servicing/sale agreements, for portfolio and shared loss agreements, recommending or presenting findings that may affect certain Division policies, business initiatives of goals and objectives. Prepares analyses and develops resolution strategies and cases for the disposition of assets, including subsidiaries retained from Systemically Important Financial Institutions. Analyzes personal and corporate financial statements, budgets, appraisals, and net present value calculations, as well as evaluates loan system reports from failed financial institutions. Manages data by using various automated systems and data management tools.

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 GS/CG-14 grade level or above in the Federal service.  Specialized experience is defined as experience in at least 2 of the following areas: (1) Analyzing loan servicing/sale agreements and shared loss agreements data, (2) analyzing personal and corporate financial statements, and/or (3) developing or monitoring workout or disposition strategies for asset types and sizes.   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]