The Portfolio Management Division (PMD) is responsible for the proactive monitoring and management of all closed LPO loan guarantees. The Deputy Director, PMD, exercises leadership and possesses a high degree of business acumen for managing an expanding portfolio of loan guarantees and requisite monitoring systems. The role requires well-developed leadership abilities, business acumen, and negotiation skills to lead teams monitoring large, complex federal loans.

Duties

The Deputy Director, PMD, serves as the Department's chief oversight manager for approved DOE loan guarantees, and directs the organizational activities of the division. The Deputy Director, PMD, exercises management authority over the life cycle of an approved loan subsequent to financial close through the final payment of the guaranteed debt obligation or expiration of the loan guarantee. This oversight responsibility is expected to evolve over several decades as approved projects move from design, engineering, and construction phases into operating phases of the project life cycle. Establishes PMD processes and oversight requirements for portfolio management and project oversight, including the development of Credit Monitoring Plans (CMPs), which provide the guidance, template, and basis for rating and monitoring the risks of individual projects with approved loans. Collaborates with other LPO Division Directors on the development of CMPs. Establishes and monitors compliance with CMPs and approves quarterly/semi-annual project credit reports. Oversees all post-issue asset management activities including periodic reassessment of the risk profiles of projects with approved loan guarantees, processing of requested modifications to loan terms, including, but not limited to, amendments, waivers, and consents as provided for in individual loan guarantee agreements, pre-claim structuring, claim payments, post-claims restructurings, and settlements. In consultation with the PMD Director and/or LPO Director, serves as chief negotiator for the rescheduling of debt and exercises broad discretionary authority in deciding upon various courses of action that will affect such recovery. Represents DOE's interests in complex negotiations with borrowers, co-creditors, and outside legal, marketing, and financial experts. Establishes loan loss reserves. Plans and develops claim methods and procedures in consultation with the PMD Director, LPO Director, LPO Chief Operating Officer, LPO General Counsel, LPO Contracting Officer, and other LPO Division Directors as needed. Takes action (including, but not limited to, extension, forbearance, rescheduling, workouts, litigation, collateral repossession, and other collection actions) as may be necessary to effect maximum recoveries. Provides input and consultation to the LPO Origination Division prior to loan closure to ensure that the loan credit approval package and financing agreements associated with a project loan guarantee incorporate appropriate conditions precedent and performance monitoring indicators. Participates in business closing/disbursement meetings to assure that adequate information is available from the LPO Origination Division for loan monitoring. Concurs on formal LPO decision documents, official briefings, presentation materials, and program announcements related to PMD functions. Develops and presents briefings for the Credit Review Board, Risk and Portfolio Monitoring Committee, the Secretary of Energy, and other stakeholders. The incumbent has the responsibility for promoting Diversity and Equal Employment Opportunity (EEO) and for ensuring full implementation of the Diversity, EEO and Affirmative Employment Program Plan. Provides management direction and input to affirmative action goals and objectives; ensures that personnel management within the organizational entity under supervision is accomplished without regard to race, color, religion, sex, age, disability, or national origin. The incumbent is responsible for managing workforce diversity and instilling a sense of community throughout the organization to create a work environment in which all staff members are fully supported.

Requirements

Qualifications

As a basic requirement for entry into the SES, applicants must provide evidence of progressively responsible executive leadership and supervisory experience that is indicative of senior executive level management capability and directly related to the skills and abilities outlined under Executive Core Qualifications and Mandatory Technical Qualifications listed below. The application process used to recruit for this position is the RESUME-BASED Method. The applicant must address the Mandatory Technical Qualifications (MTQs) and Executive Core Qualifications (ECQs) in detail within their resume. Resumes must not exceed eight (8) pages. We recommend that your resume emphasize your level of responsibilities, the complexity of the position, situation, or programs you've managed, and scope and breadth of the results or outcomes of your actions. You will be evaluated to determine if you meet the minimum qualifications required for the position and on the extent your application demonstrates that you possess the knowledge, skills, and abilities required. EXECUTIVE CORE QUALIFICATIONS: The five ECQs described below were designed to assess executive-level experiences and potential not technical expertise. They measure whether you have the broad executive skills needed to succeed in a variety of SES positions. 1: Leading Change: Ability to bring about strategic change, both within and outside the organization, to meet organizational goals and establish an organizational vision and to implement it in a continuously changing environment. 2: Leading People: Ability to lead people toward meeting the organization's vision, mission, and goals and provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. 3: Results Driven: Ability to meet organizational goals and customer expectations and make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. 4: Business Acumen: Ability to manage human, financial, and information resources strategically. 5: Building Coalitions: Ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals. IN ADDITION TO THE ECQs, YOU WILL BE EVALUATED ON ALL OF THE FOLLOWING MANDATORY TECHNICAL QUALIFICATIONS: Your responses to the MTQs should be embedded/addressed in detail within your resume, not to exceed eight (8) pages. MTQ 1: In-depth knowledge and experience with diverse finance structures, including project finance (full and non-recourse financing), corporate finance, and asset-back securitization, and applicable credit risk for large-scale or commercial infrastructure project loans greater than $500 million and leading a loan monitoring program of similar sized loans, including the establishment and implementation of organizational units, systems and processes required for comprehensive loan portfolio management and oversight of loans of this magnitude. MTQ 2: Proven track record of experience preparing and adhering to credit monitoring plans, including the establishment and implementation of performance measures, credit risk ratings, loan repayment schedules and debt recovery processes as needed for managing loans, including, as needed, compliance with federal or state regulatory guidelines, such as OMB circular A-129: Policies for Federal Credit Programs and Non-Tax Receivables, Managing Federal Receivables, Federal Credit Reform Act, Davis-Bacon Act, Federal Claims Collection Standards and Debt Collection Improvement Act. MTQ 3: In-depth management experience recruiting, developing and maintaining a well-qualified asset management team to perform portfolio management functions for financing transactions and large-scale or commercial infrastructure project loans; including the establishment of professional performance goals to assure appropriate training and certifications are available to associated staff.

Education

There are no educational requirements for this position.

Contacts

• Address Loan Programs Office Department of Energy Human Capital Shared Service Center 1000 Independence Ave, SW Washington, DC 20585 US
• Name: David Shaut Jr.
• Phone: 202-407-1346
• Email: [email protected]