Job opening: Director, Division of Resolutions and Receiverships (DRR), EM-0301-00 (Public)
Salary: $275 000 - 320 000 per year
Relocation: YES
Published at: Sep 09 2024
Employment Type: Full-time
This position is located in the Division of Resolutions and Receiverships (DRR) of the Federal Deposit Insurance Corporation in Washington, D.C.
The Division of Resolutions and Receiverships (DRR) promotes confidence in the financial system by paying insured depositors quickly and effectively managing failed bank receiverships.
Salary reflects a pay cap for this position of $320,000.
Duties
Oversees strategic resolution readiness planning for the division, including: development and coordination of franchise marketing, asset marketing and management and receivership management and accounting programs, operational policies and procedures, technological improvements and budget formulation.
Develops and maintains an efficient and effective organizational structure to support the division’s mission and exercises supervisory personnel management authority directly or indirectly through subordinate executive level and corporate managers.
Prepares and implements strategic readiness plans to address significant increases and decreases in workload based on economic factors and the resulting impact to the volume of resolution activity, requiring periods of both expansion and decrease in contractor and non-permanent personnel.
Serves as a senior advisor to the Chairman, Board of Directors, and Officers of the Corporation on all matters relating to the mission of the Division. Directs and provides guidance to those developing proposed legislation, regulations, policies or procedures. The incumbent must be prepared to deal with technical, operational and policy matters that are complex and highly sensitive and of significant consequence to the economy, financial markets, and banking system.
Represents the Division in high level meetings with executives from other FDIC Divisions and Offices, and with external parties including other regulatory agencies, financial services and banking executives, trade associations, the media and Congressional staff on issues of importance and relevance to the FDIC and DRR.
Serves as a senior advisor to senior FDIC officials, members of the Board of Directors and others on resolution and receivership operational issues which are often sensitive, complex, and could present reputational risk to the FDIC. As needed, testifies before Congressional committees of relevant jurisdiction. Responds on behalf of the FDIC on complex DRR resolution and receivership management and related matters and in writing to audiences with varying levels of expertise. Coordinates efforts with outside contractors and consultants, as necessary.
Directs the development of the Division's budget and personnel resource requirements and presents and justifies formal requests to the Board of Directors.
Directs and manages subordinate executive and corporate managers and staff to accomplish the wide range of activities that comprise the resolution process, including monitoring and risk analysis, franchise marketing, asset marketing and management, receivership operations, including receivership accounting, technology initiatives that support operational readiness and internal review programs. Coordinates, directs, and manages projects and planning with senior leadership in other FDIC Divisions as well as the leadership of DRR.
Shares in the Corporation-wide commitment and efforts to develop 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.
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 experiences identified must have been performed in an official supervisory role.
Leadership Experience 1: Experience in overseeing and coordinating the work of organizational units, including assigning work; directing changes to programs and priorities; and evaluating performance against goals; AND
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; AND
Leadership Experience 3: Experience in overseeing the implementation of and improvements to recruiting, hiring, training, utilization, and succession readiness of staff.
Technical Experience 1: Experience in overseeing resolution and receivership program(s) and activities, including determining the organizational structure and processes needed to implement the program(s); AND
Technical Experience 2: Experience in providing authoritative guidance to senior executives on laws, rules, regulations, policies, and procedures associated with resolution and receivership activities.
Education
There is no substitution of education for the experience for this position.
Contacts
- Address Federal Deposit Insurance Corporation
Human Resources, Executive Resources
3501 Fairfax Dr.
Room VS-D3027
Arlington, Virginia 22226
United States
- Name: Andrew Coppage
- Phone: 202-394-5891
- Email: [email protected]
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