Job opening: Large Financial Institution Resolution Specialist, CG-1101-14
Salary: $136 523 - 252 500 per year
Relocation: YES
Published at: Dec 10 2024
Employment Type: Full-time
This position is located in the Division of Resolutions and Receiverships (DRR) and is responsible for identifying and monitoring inherent resolution risk in large insured depository institutions (LIDI) and performs financial and operational analyses and other work related to large and otherwise complex insured depository institutions (CIDI).
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Duties
Monitors resolution risks in a portfolio of LIDIs, including those subjects to or approaching the asset threshold for compliance with Part 360.10 of the FDIC Rules and Regulations to identify potential issues and obstacles related to resolution and receivership.
Designs and proposes to senior management written resolution strategies for LIDIs or other large financial institutions that account for the unique profile of individual institutions or types of institutions and identifies relevant operational impediments, policy considerations, potential systemic risks, asset and franchise value components, and possible approaches to restructure and exit from resolution.
Provides supports with pre-closing logistical issues between RMS, DCP, and other state and federal regulatory agencies and DRR, such as download requests, resolutions, access to the failing banks and to examiners with knowledge of the failing banks and bid list criteria and bidder approvals.
Serves as a liaison to other functional areas of DRR including following financial institution
Conducts outreach to new and existing CIDIs, Primary Federal Regulators, and chartering authorities to ensure stakeholders remain abreast of Part 360.10 requirements and relevant updates.
Establishes and maintains cooperative relationships with other regulators and financial institutions to preserve open and regular exchange of information between the organizations.
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 13- grade level or above in the Federal service. Specialized experience is experience in 3 or more of the following: 1) identifying and monitoring resolution risk in large insured depository institutions (LIDI); 2) performing financial operational analyses for large and complex insured depository institutions (CIDI), 3) developing, proposing, and establishing LIDI resolution strategies; 4) developing and/or executing divisional policies and guidance to support resolution planning programs; or 5) collaborating with Federal and State banking authorities on bank operational, examination, or resolution matters.
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
600 North Pearl Street Suite 700
Dallas, Texas 75201
United States
- Name: FDIC
- Phone: 000-000-0000
- Email: [email protected]