Summary
This position is located in the Assessments Unit of the Supervision, Legislation & Enforcement Branch in the Legal Division. The Assessments Unit provides counsel on policy-oriented legal work relating to the FDIC's supervisory and regulatory functions.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
This job is open to
Clarification from the agency
This position is open to all United States Citizens.
Duties
- Performs highly specialized policy-oriented legal work relating to the FDIC's supervisory and regulatory functions, with particular emphasis on the development of regulations, legislation, and FDIC legal/supervisory policy guidance, and the interpretation and application of the statutes and regulations governing federal deposit insurance, the risk-based assessment system that funds and supports the continued strength of the Deposit Insurance Fund and the reserve ratio, golden parachutes, brokered deposits, swap margin, derivatives, financial technology, consumer financial protection, privacy, supervision, and the activities and operations of financial institutions.
- Advises the senior management and staff of the Division of Finance (DOF), and other FDIC divisions and offices, on novel legal issues relating to the FDIC's deposit insurance assessment process which support the Deposit Insurance Fund, and other finance and funding matters.
- Analyzes legal arguments raised in deposit insurance, risk-based assessment, and other litigation brought against the FDIC; confers with trial attorneys and makes recommendations concerning settlement of assessment and deposit insurance cases.
- Prepares legal advisory opinions in response to questions and issues raised by insured financial institutions, bankers, financial institution counsel, members of Congress, financial institution depositors and customers, and members of the general public relating to the interpretation of various statutes and regulations governing high profile areas such as federal deposit insurance, the risk-based assessment system which funds the Deposit Insurance Fund and are imposed on all insured depository institutions, golden parachutes, brokered deposits, consumer financial protection, privacy, and the activities and operations of financial institutions.
Requirements
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.
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 defined as (1) drafting memoranda and legal documents, (2) conducting legal research and analysis, and (3) providing briefings to senior managers or executives, relating to the interpretation of the statutes and regulations or legislation that apply to financial institutions.
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.
How You Will Be Evaluated
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):
- Knowledge of the Federal Deposit Insurance Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act, consumer financial protection laws, and implementing regulations.
- Ability to provide senior management officials and policymakers, as well as Congressional committees, heads of other agencies and other policy officials, authoritative legal analyses, advice, and assistance on the controversial, and precedent-setting issues before the FDIC.
- Ability to conduct research that includes analyzing and resolving legal and policy issues and to communicate such matters in written presentations, with appropriate recommendations.
- Ability to draft memoranda, legal opinions, and regulations, and perform research.
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.
Required Documents
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 Member 4 copy 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.
How to Apply
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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