Summary
This position is located in the Legal Division, Resolution and Receivership Branch, Resolution and Receivership Policy Section, Assets Management & Disposition Unit (AMDU). AMDU provides legal advice and support to other FDIC Divisions on a wide variety of resolution, receivership, transactional, and policy matters. Many of these issues are complex, involve multiple disciplines and may involve more than two parties.
Clarification from the agency
This position is open to all United States Citizens.
Duties
- Confers with, and acts in an advisory capacity to the Section Chief, Senior Counsel, Associate/Assistant General Counsel, Deputy General Counsel, the General Counsel, DRR, CISR, the Division of Finance (DOF), other divisions and offices, as assigned, and members of the Board of Directors on legal questions relating to matters involving the planning, effecting, and administration of the resolution of failed Insured Depository Institutions (IDI)s, and the FDIC's roles or potential role as receiver, conservator, liquidator, or corporate liquidator of a failed IDI.
- Responsible for providing legal advice and guidance on matters relating to commercial and financial products or transactions as they arise in the exercise of FDIC's resolution and receivership responsibilities.
- Serves as a subject matter expert and resource within the FDIC Legal Division in one or more of the following subject matters or practice areas (or such other areas in which attorneys in the Section may need to be proficient): (i) securities law; (ii) law governing the formation, governance and dissolution of corporations, partnerships, trusts and limited liability companies (including subsidiary entities, joint ventures, and securitizations); (iii) real estate law and law relating to the acquisition, finance and sale of real property; (iv) banking law and regulations, and the resolution of failed or failing IDIs (and FDIC policies and procedures in that regard); (v) commercial and secured lending law; (vi) general contract law; or (vii) Fannie Mae, Freddie Mac and Ginnie Mae mortgage origination and servicing requirements.
- Provides legal and policy advice concerning matters associated with failed bank operations, as well as operations of a bridge institution or an institution in conservatorship.
- Collaborates with other attorneys in the Legal Division in connection with, and analyzing, structuring, drafting and negotiating documentation for, complex corporate transactions.
Conditions of Employment
Registration with the Selective Service.
U.S. Citizenship is required.
Employment Conditions.
Completion of Financial Disclosure may be required.
Minimum Background Investigation (MBI) required.
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.
CG-14: Applicant must have one year of specialized experience equivalent to at least the grade 13 level in the Federal Service. Specialized experience is defined as experience serving as a transactional attorney and, as part of that function, analyzing, structuring, drafting and negotiating documentation in connection with one or more of the following: (1) secured lending or corporate finance transactions, (2) commercial real estate finance transactions, (3) sales of securities or loans, (4) securitizations or structured transactions, or (5) joint ventures.
This position has a positive education requirement, transcripts must be provided showing degree conferred. Official transcripts must be provided prior to appointment.
• Education: All attorney and law clerk trainee positions have a minimum requirement of completing a Juris Doctorate (J.D.) or Bachelor of Laws (LL.B.) or Master of Laws (LL.M.) from an accredited school (accredited by the American Bar Association (ABA).
• Bar Membership: All attorney positions require current active bar membership (hold active license to practice law). Admission to the bar of any State, territory, Commonwealth of Puerto Rico, District of Columbia, or Federal Court is acceptable. Employees must maintain active bar membership while employed as an attorney with the FDIC. Active Bar membership must be verified prior to appointment.
Education
See requirements stated under QUALIFICATIONS.
Benefits
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors.
To find out more, click here.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
You will be evaluated for this job based on how well you meet the qualifications above.
Your resume will be reviewed, including the online assessment questionnaire, to assess your ability to perform this job. Candidates will be referred to the selecting official for further review and consideration. Candidates eligible for veterans’ preference will be considered in accordance with law, rule, and regulation.
The assessment questionnaire is designed to measure your ability in the following competencies/knowledge, skills, and abilities (KSAs):
- Skill in conducting oral presentations.
- Skill in written communication to present recommendations.
- Skill in researching, analyzing and resolving legal issues with recommendations.
- Knowledge of commercial and business law; securities; real estate; asset marketing and disposition; resolutions; insured depository institutions (IDI) resolutions and subsidiary entities.
- Knowledge of IDI resolutions; receivership administration; and planning and policy analysis in order to provide a legal expertise in such matters.
- Skill in structuring, drafting, negotiating and closing corporate transactions, analyzing or interpreting existing transaction structures, obligations, liabilities and contract compliance, and resolving informal contract disputes.
- Ability to assist with the management of large transactions with complex legal issues, including coordinating the work of other attorneys and non-legal staff and pro-actively moving transactions, issues and disputes to resolution.
You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs.
You may preview questions for this vacancy.
Failure to provide all of the required documentation as stated in this vacancy announcement may result in an ineligible determination or may affect your consideration status. Please review the following to determine your eligibility and which document(s) is required to complete your application:
VETERANS’ PREFERENCE: If you are claiming veterans’ preference, click here. (Note: Veterans must submit the <b>Member 4 copy</b> of the DD 214, Certificate of Release or Discharge from Active Duty – or other copy showing the type of discharge/character of service [e.g., Honorable, Under Honorable Conditions, etc.] along with any other required documents (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans’ preference eligibility.)
EDUCATION DOCUMENTS: This position has a positive education requirement. In order to be considered, you must submit a copy of your college transcript (an unofficial transcript is acceptable). Education must be from accredited institutions. For a listing of accredited educational institutions, click here. An official transcript will be required if you are selected. If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.
Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program. For more information, click here.
If you are relying on your education to meet qualification requirements:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from
schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
To begin, click the “Apply” button and follow the prompts. If you haven’t already, register and establish a USAJOBS account. After you register online, click the “Apply” button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click “Submit Application” to complete the application process. You must apply online.
Applicants requesting an exception from the online process must contact the Human Resources Specialist or point of contact listed in this announcement prior to 12:00 noon local time on the closing date.
To return to your saved application, log in to your USAJOBS account and click on “Applications” tab. Click on the “Position Title,” and then select “Update Application” or “Additional Application Information” to continue.
You have until 11:59 p.m. ET (Eastern Time) on the closing date of this announcement to complete the application process.
Please ensure you have completed the application process by verifying the status of your application on-line to reflect: “Received”. Failure to complete the application process will result in an incomplete application and you will not be considered for the position.
Next steps
You may check the status of your application on-line 24 hours a day, 7 days a week through USAJOBS by signing in and selecting "Application Status." Thank you for your interest in working for the Federal Deposit Insurance Corporation.
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