Job opening: Derivatives and QFC Specialist, CG-1101-13/14
Salary: $129 903 - 252 500 per year
Relocation: YES
Published at: Nov 07 2024
Employment Type: Full-time
This position is located in Division of Complex Institution Supervision & Resolution (CISR), Resolution Readiness Branch, Receivership Management Sub-Branch, and is responsible for serving as a principal subject matter and technical expert in the area of Qualified Financial Contracts (QFCs) and related capital markets assets in failing or failed financial institutions.
The duty location is determined upon selection.
Additional selections may be made from this vacancy announcement.
Duties
At the full performance level, major duties include:
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.
For CG-13, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-12 grade level or above in the Federal service. Specialized experience is defined as:
Performing at least two (2) of the following functions: 1. assists with analyzing derivatives and Qualified Financial Contracts (QFCs); 2. performing or managing derivatives settlement and margining processes; 3. experience assisting with front to back operations processes (including key elements such as confirmations, settlements, regulatory reporting); 4. experience with key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral etc.), and the impact of Trade support team actions on these areas.
For CG-14, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-13 grade level or above in the Federal service. Specialized experience is defined as:
Performing at least three (3) of the following functions: 1. analyzing derivatives and Qualified Financial Contracts (QFCs); 2. leading derivatives settlement and margining processes; 3. leading front to back operations processes (including key elements such as confirmations, settlements, regulatory reporting); 4. experience with key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral etc.), and the impact of Trade support team actions on these areas.
Applicants must have met the qualification requirements (including selective placement factors – if any) for this position within 30 calendar days of the closing date of this announcement.
Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 “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
3501 Fairfax Drive
Arlington, Virginia 22226
United States
- Name: Mitchell Desy
- Phone: 773-812-7406
- Email: [email protected]