The Department of Commerce ranked top 5 in the 2023 Best Places to Work in the Federal Government amongst large agencies for the 12th year in a row! The ranking showcases the Department's continued commitment to increasing our employee engagement, employee satisfaction, and positive perceptions towards diversity, equity, accessibility, and inclusion. Come join our team!

Duties

The Transaction Risk Principal is responsible for conducting detailed transaction-level risk reviews of CHIPS grant, loan, and loan guarantee applications, ensuring CPO transactions align with program objectives and established risk policies and procedures. The Transaction Risk Principal works closely with the Transaction Risk Director, Chief Risk Officer, and the CHIPS Investments and Strategy teams to evaluate and structure transactions by providing independent risk analysis, conduct comprehensive risk assessments, and assign risk ratings. Specifically, this includes: - Conducting independent credit and risk analysis of deal structures, project sponsors, and investors. - Contributing to the development of strategies to reduce or mitigate risks in transactions and realize improved outcomes. - Risk rating transactions according to established guidelines and scorecards. - Applying final risk parameters for inclusion in credit subsidy models. - Developing risk assessments and reports of individual transactions for presentation to CPO leadership and governance committees. - Continuously re-assessing portfolios and re-rating risks as necessary. - Providing guidance and training to junior staff members on transaction risk analysis and rating

Requirements

• U.S. citizenship
• Males born after 12-31-59 must be registered for Selective Service
• Suitable for Federal employment
• Must meet time-in-grade/band requirements, as applicable
• Completion of Confidential Financial Disclosure, Form OGE-450
• Bargaining Unit Position: No

Qualifications

This position requires one year of specialized experience equivalent to at least the GS-13 (ZA-3) level. Specialized experience is defined as: Experience as a credit or risk professional at a government agency financial assistance or lending program, bank, investment bank, insurance company, asset manager, or other financial institution. Experience conducting transaction risk assessments and rating risks for corporate and project finance lending to industrial, manufacturing, or technology companies. Strong communication skills with ability to raise issues and work constructively across functions to achieve practical resolutions. 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. The qualification requirements in this vacancy announcement are based on the U.S. Office of Personnel Management (OPM) Qualification Standards Handbook. If requesting reconsideration of your qualification determination, please refer to the following site: Applicant Reconsideration

Education

Qualifications are based upon meeting specialized experience only. Education cannot be used to qualify for this position.

Contacts

• Address CHIPS Risk Management Division 1401 Constitution Ave Washington, DC 20230 US
• Name: Tailor Thompson
• Phone: 000-000-0000
• Email: [email protected]